• Good to see what has allready been achieved. Better to know what still needs to be done.
  • Precision, perfect timing and an eyefor what matters.
  • Doing the right thing at the right time.That's what seperates the best from the rest.
  • Achieving your goalswith a reliable partnerby your side.

Accounting & Financial Reporting

At Luther Corporate Services we perform the time-consuming accounting tasks, which a business must undertake, thus allowing our clients to concentrate on growing their businesses.

1. Bookkeeping

  • Setting up the chart of accounts
  • Recording of all payments and funds received
  • Preparation of monthly bank reconciliation statements
  • Recording of all sales and trade debtors
  • Recording of all purchase and trade creditors
  • Recording of prepayments and accruals
  • Recording of all assets purchased and related depreciation
  • Recording of all Sales and Services Tax on the taxable purchases/supplies
  • Extraction of monthly trial balances and general ledger


2. Management Reports

  • Compiling of profit and loss account and balance sheet
  • Generating aged financial analysis of debtors and creditors
  • Business advisory services such as accounting reports and preparation of business plans
  • Budget preparation and comparison and analysis of key components of financial performance


3. Statutory Accounting

  • Preparation of financial statements
  • Preparation of consolidated financial statements which includes the consolidated cash flow statement, consolidated statement of changes in equity and notes to the financial statements in compliance with the Financial Reporting Standards (FRS)
  • Review and computation of tax and deferred tax provisions for inclusion into financial statements
  • Re-measuring accounts to functional currency
  • Completing consolidation and head office reporting ackages