External Audit
Tholisiwe’s directors’ have extensive experience in private as well as public sector external audits, including audits performed on behalf of the Auditor-General as well as external audits for clients listed on the Johannesburg Stock Exchange – JSE. Private sector clients range from medium sized businesses to large enterprises.
We use a risk-based audit approach that is aligned with the International Standards of Auditing, and is regulated by the Independent Regularity Board of Auditors (IRBA). Our audit methodology allows us to tailor our approach to each specific client’s needs. We aspire to be a trusted business partner to our clients, one who can provide value added services as part of the audit process.

Internal Audit
With our team of Certified Internal Auditors, we are able to provide you with an independent and objective, internal audit service to add value and improve your operations.
Our internal audit and risk management services include the following:

  • Risk assessments
  • Governance reviews
  • Review of internal controls
  • Fully outsourced internal audits
  • Co-sourced internal audits
  • Reporting to the audit committee
  • Compliance Audits
    We offer compliance audits that will identify short-comings with legislative and regulatory requirements which include amongst others:

  • Treasury Regulations, 2005;
  • Public Finance Management Act, No.1 of 1999;
  • Generally Recognized Accounting Practice;
  • Supply Chain Management Regulations.
  • We also provide recommendations as to corrective actions that need to be put in place to ensure compliance with the relevant legislative and regulatory requirements.

    Forensic Audits
    With our team of qualified professionals which include Certified Fraud Examiners, we are able to offer specialised forensic audits and investigations which are designed to detect, prevent and respond to fraud, misconduct and general non-compliance with relevant legislation, regulations, policies and procedures in an organisation.
    Our forensic investigation services include, but are not limited to:

  • Investigations into theft, fraud and corruption
  • Commercial crime investigations
  • Procurement irregularities
  • Money laundering investigations
  • Financial mismanagement investigations
  • Non-compliance with legislation relating to both the private and public sectors
  • Quality assurance reviews