Sole Proprietor vs Company

Sole Proprietor vs Company

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We get this question from our clients a lot.  Should I register my business as a company, or am I better or remaining a sole proprietor?  Below we have provided a little bit of guidance for you, a list of … Continued

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To Audit or Not?

Calculate your Company's PIS Score

This calculation should be performed at the end of every financial year.

  • If your financial statements have been compiled externally, and your score is 350 points or higher: your AFS must be audited.
  • If you financial statements have been compiled internally, and you score is 100 points or higher: your AFS must be audited.
  • If your financial statements have been compiled externally, and your score is between 100 and 350 points: your AFS must be reviewed.
  • If your financial statements have been compiled externally or internally, and your score is below 100 points: no review or audit is required.