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SERVICES

We share a culture focused on our clients

Internal Auditing

MFC can assist your organisation to achieve its stated objective, this is achievable through Assurance, Consulting, Enterprise Wide Risk Management, IT Audit, Security Risk and Disaster Management Services that we offer as a firm. Our specialised team are experienced in the application of a systematic methodology for analysing business processes, procedures and activities with the goal of highlighting organisational challenges across the entire concern and recommending solutions. 


MFC Internal Audit service includes measuring compliance with the entity's legislation policies and procedures. Our team evaluate risk exposures relating to our client's governance, operations and information systems, including:

 

  • Assurance

  • Compliance Audit

  • Quality Assurance

  • Methodology and manuals

  • Deployment of Resources

Internal Auditing

Forensic Auditing

Forensic auditing is the practice of investigating allegations of fraud within an entity with a view to inter-alia gathering sufficient, reliable and appropriate evidence that could be presented in a court of law or for any legal representational purposes. Since the detection of corruption is of paramount importance to all organizations today, we provide recommended preventative measures, over and above our Forensic Services, to enable the early detection and prevention of fraud and corruption. Our services in this regard include:

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  • Fraud prevention planning and implementation

  • Fraud risk assessment and management

  • Fraud investigations

  • Forensic accounting and litigation support services

  • Professional and employment claims investigations

  • Compliance investigations

  • Corporate governance and integrity investigations

  • Special investigations

  • Money laundering and asset tracing investigations

Forensic Auditing

Asset Management Solutions

Whether you're a manufacturer, distributor, government entity or service provider enterprise protection solutions of your equipment and facilities is critical to ensure smooth, safe and reliable operations. Our services will not only assist with the latter but also deliver business value fast, reduce cost of ownership, minimize risk and improve your staff's productivity.

 

What we can do for you:

 

  • Physical Verification

  • Asset Register

  • Policy Development

  • Conditional Assessment

  • Review of useful life

  • Maintenance plans

  • Asset system

  • Landfill sites (verification)

  • Unbundling of work in progress (WIP)

  • Verification of biological Assets

  • Fair values

 

Asset Management Solutions

Supply Chain Solutions

Should you need to reduce operating cost, improve customer service, become more profitable or grow your business MFC can assist you with:

 

  • Strategic Network Design – We can design the best supply chain network to meet your service goals;

  • Planning/Demand Management

  • Contract Management

  • Performance Reporting of Service Providers

  • Irregular Expenditure, Fruitless and Wasteful expenditure management

  • SCM policies to comply with PPPFA

  • Contract Management Policy

  • Demand Planning – Accurately predict and shape customer demand;

  • Distribution Planning – Gain visibility to better balance service levels and inventory;

  • Manufacturing Planning – Maximize your manufacturing assets;

  • Supplier Management – Boost collaboration to reduce cost; and

  • Internal control reviews of systems and compliance aspect (Municipalities).

 

Supply Chain Solutions

Human Resource Consulting

MFC Consulting has developed processes that encourage participation in analysis, planning, monitoring and evaluation by building capacity of stakeholders to converge in management. HR Capacity Building is much more than training; we can boost your performance by improving:

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  • HR – Optimize the entire recruit to retire process;

  • Benefits Administration – Manage any assortment of benefit plans without compromising security;

  • Payroll Administration

  • Offer flexible, easily managed benefits programme; and

  • Set sensible competitive pay policies

 

Human Resouce Consulting

Taxation & VAT Consulting

MFC provides tailored taxation services for different business entities as well as individuals:

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  • Asset structuring to maximise tax saving

  • Corporate Tax

  • Individual Tax

  • Capital Gains Tax

  • SARS Returns – VAT, PAYE, UIF, etc.  

  • Tax & VAT planning

  • Assisting in SARS investigations

  • Lifestyle Questionnaire

  • Tax Write-off/Compromise (S.91 of Income Tax Act)

 

Taxation & VAT Consulting

Caseware Consulting

This is accounting software that assists both private & public sector entities in preparation of the preparation annual financial statements.

Caseware Consulting

IFRS, MSCOA and GRAP Consulting

This includes:

 

  • Drafting and preparation of annual financial statements for both public & private sector entities;

  • Monthly Management Accounts and s71 reports; and

  • MSCOA training and implementation

 

IFRS, MSCOA and GRAP Consulting

BBBEE Consulting 

The BBBEE Act 53 of 2003 refers to codes of Good Practice aimed at redressing the imbalances created by years of inequality in South Africa. It is a means of healing the economic distortions created by discriminatory policies of the past and re-incorporate those who, in the past were excluded for the main stream.

 

Our services include:

  • BBBEE compliance evaluation and verification. 

 

BBBEE Consulting

Financial Consulting

Financial services provided by MFC include the following:

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  • Budgets, cash flow & profit forecasts;

  • ​Management accounts;

  • Annual Financial statements; and

  • Independent Review of financial statements

 

Financial Consulting

Disaster Management Consulting 

Disaster management services provided by MFC include the following:

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  • Policy development in compliance with the legislative framework

  • Establishment of Disaster Management Intergovernmental structures

  • Disaster Risk assessment

  • Disaster Risk Reduction strategies and plans

  • Disaster Management Sector Plans for incorporation into the IDP 

 

Disaster Management

LGSETA Accredited Training 

The MFC training programmes are tailored to suit the need for client, the following are extracts of our training:

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  • Financial Management

  • Assets Management

  • Project Management

  • Conflict Management

  • Resource Mobilisation

  • BBBEE Training and Awareness

  • Performance Management Systems (PMS) training

  • Skills Audit

  • Staff Establishment

  • Organisational Structure and Performance of Job Grading

  • Performance Management System

  • LGSETA Accredited Training Centre:

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*  National Certificate: Local Economic Development – 36437 Level 6

*  Certificate: Municipal Financial Management - 48965 Level 6

*  National Certificate: Municipal Integrated Development Planning 50205 Level 5

*  National Certificate: Ward Committee Governance – 57823 level 2

Training

Research and Development 

Our R&D department focuses on:

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  • Local Economic Development Plan            

  • SMME Development Plan            

  • Agricultural Master Plan

  • Develop & Review of departmental and finance related policies 

 

Research and Development

IT Audit 

We assist clients with managing business and organisational risks associated with the use of information systems and extracting value from their investment in IT.

 

Our IT risk based services primarily focus on:

 

  • Management and IT governance

  • Benchmarking

  • E-business assessment

  • Service and process improvement

  • IT project and programme management

  • Cost alignment and reduction

  • IT sourcing

  • Organization design

  • IT competence improvement

  • IT cultural alignment

  • IT infrastructure assessment

  • Technology/package selection

  • Enterprise Systems Management (ESM)

IT Audit

Due Diligence

Due Diligence services provided by MFC include the following:

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  • Pre-Analysis of Financial Business Case

  • Analysis of Business Case and Plans

  • Risk Analysis

  • Full check of Documents

Due Diligence

Risk Management Solution

Risk Management often focuses on matters of assurance, however, there are several other major considerations when assessing areas of risk in your business and at MFC we provide a range of tools and capabilities which includes:

 

  • Risk Management Solution

  • Risk Management Solutions provided by MFC include the following: 

    • ​Development and implementation of a risk management framework

    • Enterprise-wide risk management training and support

    • Risk Assessment services

    • Risk Assessment

    • Risk Register


We have continuously earned our customers’ trust and confidence by empowering them with reliable and accurate information, maintaining the highest levels of integrity in all that we do quickly and most responsively. Our solutions are sustainable and our clients are able to execute risk management responsibilities post auditing assignment period with MFC Consulting.

 

Risk Management

Project Management Service

Project Management Services provided by MFC include the following:

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  • Establishment and or management of a corporate Project Office

  • Development of a holistic project management competence

  • Project support services

  • Project management process design

  • Project audit services

  • Programme and project management

  • Project management strategy development

  • Project management software evaluation service

  • Project management mentoring service

 

Contact us for an obligation free quotation

Project Management
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