MGI Bass Gordon - Business information form
2024
Business dimensions
- Total gross annual turnover (revenue) in USD equivalent for the last completed financial year
- $4,148,506.00
- Date of end of financial year to which turnover and all data in this form refers
- 29th February 2024
- Please confirm that this turnover covers all branches and associated subsidiary firms which offer services to members and their clients, directly or indirectly
- Yes
- Number of Partners/Principals
- 8
- Number of Partners/Principals who are women
- 1
- Number of professional staff other than Partners/Principals. Professional staff means permanent employees of your firm qualified to carry out audit, accounting, tax advisory or consulting services.
- 75
- Number of staff who are women
- 83
- Number of other staff. Those not included in Partners/Principals or professional staff above.
- 30
- Number of offices
- 1
Areas of service
| Service | Approximate % of turnover in the last financial year | English speaking key contact for this area |
|---|---|---|
| Audit and assurance | 34% | Johann Diener |
| Accounting | 43% | Alan Schermbrucker |
| Tax | 10% | Stuart Hendler |
| Legal | 0% | not filled |
| Business advisory | 0% | not filled |
| Other services, if any (please list here and give total %) | ||
| Management Consulting, Estates and Secretarial | 13% | Stuart Hendler |
| Total - all services (must be 100%) | 100% | |
Principal contacts
| Name | ||
|---|---|---|
| Person responsible for marketing | Sue van der Valk | [email protected] |
| (MGI Worldwide members only) - Person responsible for MGI network, Quality Assurance and Audit Independence | Corne Maass | [email protected] |
| Person responsible for Information Technology | Sue van der Valk | [email protected] |
Detailed audit service profile
| Type of audit client | No. of client | Total fee income (in USD for your last full financial year) |
|---|---|---|
| All audit clients | 114 | $1,003,386.00 |
| Audit clients which have branches, subsidiaries or parent companies outside your country | 29 | $234,144.00 |
| Public Interest Entity* audit clients, except listed companies | 0 | $0.00 |
| Audit clients listed on a stock exchange in your own country | 0 | $0.00 |
| Audit clients which are subsidiaries of companies listed on a stock exchange in another country | 12 | $80,254.00 |
International profile
- What is the main language of your firm (internally and with domestic clients)?
- English
- Number of public key contacts listed in this directory for your firm
- 3
- Please confirm that all public Key Contacts listed in the directory offer fluent English.
- Yes
- Does your telephone operator/receptionist speak English?
- Yes
- What is the maximum time you allow in firm to respond to enquiries from fellow members?
- 1 day
Outward business exchange
- How much business did you send to other members (in your country and abroad, including referrals) in the last financial year (gross fees in USD equivalent). In many cases this is likely to be a best estimate or even a guess based on the fees you would charge for the service. Include repeat business from referrals in previous years.
- $13,405.00
- Approximately how much of this was to members in your country?
- 0
- To members outside your country?
- 100
Inward business exchange
- How much business did you receive from other MGI Worldwide members in the last financial year (gross fees in USD equivalent), domestic and international?
- $1,383.00
- How much of this total inward business was repeat business from previous years?
- $0.00
- Approximately how much of this total inward business was from members in your country?
- 0
- From members outside your country?
- 100
- From which countries abroad, if any, did you receive business? Please list
- Germany and Norway
- Please list which MGI Worldwide meetings* were attended by members of your firm in the last calendar year
- August 2023 – Africa Region Meeting Mauritius October 2023 - Global AGM Thailand December 2023 - UK Region Meeting Edinburgh
Licensing and regulatory information
Accountants
Yes
- Membership number/reference
- South African Institute of Chartered Accountants (SAICA)
Auditors
Yes
- Membership number/reference
- Independent Regulatory Board of Auditors (IRBA)
Tax advisors
Yes
- Membership number/reference
- South African Revenue Services (SARS)
Other profession
No
- Specify which
- not filled
- Membership number/reference
- not filled
- Is your firm subject to an external quality control review?
- Yes
- If your answer was No, how do you ensure your quality standards?
- not filled
- If your answer was Yes, how often does the external review take place?
- 3
- What is (are) the name(s) of the reviewing organisation(s)?
- IRBA
- What was the date of your last external review?
- 8th January 2014
Professional indemnity
- Is Professional Indemnity Insurance available in your country?
- Yes
- If YES, is it obligatory?
- No
- Do you carry Professional Indemnity (PI) insurance?
- Yes
- Comments, if any, on PI
- n/a
Comments
- Explanatory comments, if needed, on this information from the member firm or from MGI Worldwide
- External review- Notwithstanding that the IRBA conducts its firm reviews in cycles of every 3 years, the IRBA as the Assurance Regulator in South Africa is also called upon to conduct specific investigations in matters of public interest, as and when they arise. The IRBA has in recent years been re-adjusting its approach in terms of its focus areas to be more risk based and whilst we cannot determine the reasons for their delayed inspections, we are aware that there have been a number of high profile public accounting scandals which involve registered auditors and this may have kept the Regulator quite occupied.This appears to remain unchanged from the previous year.
2023
Business dimensions
- Total gross annual turnover (revenue) in USD equivalent for the last completed financial year
- $4,407,866.00
- Date of end of financial year to which turnover and all data in this form refers
- 28th February 2023
- Please confirm that this turnover covers all branches and associated subsidiary firms which offer services to members and their clients, directly or indirectly
- Yes
- Number of Partners/Principals
- 8
- Number of Partners/Principals who are women
- 1
- Number of professional staff other than Partners/Principals. Professional staff means permanent employees of your firm qualified to carry out audit, accounting, tax advisory or consulting services.
- 73
- Number of staff who are women
- 54
- Number of other staff. Those not included in Partners/Principals or professional staff above.
- 23
- Number of offices
- 1
Areas of service
| Service | Approximate % of turnover in the last financial year | English speaking key contact for this area |
|---|---|---|
| Audit and assurance | 33% | Abraham Petersen |
| Accounting | 39% | Abraham Petersen |
| Tax | 10% | Stuart Hendler |
| Legal | 0% | not filled |
| Business advisory | 0% | not filled |
| Other services, if any (please list here and give total %) | ||
| Management Consulting, Estates and Secretarial | 18% | Stuart Hendler |
| Total - all services (must be 100%) | 100% | |
Principal contacts
| Name | ||
|---|---|---|
| Person responsible for marketing | Sue van der Valk | [email protected] |
| (MGI Worldwide members only) - Person responsible for MGI network, Quality Assurance and Audit Independence | Corne Maass | [email protected] |
| Person responsible for Information Technology | Sue van der Valk | [email protected] |
Detailed audit service profile
| Type of audit client | No. of client | Total fee income (in USD for your last full financial year) |
|---|---|---|
| All audit clients | 103 | $1,109,749.00 |
| Audit clients which have branches, subsidiaries or parent companies outside your country | 7 | $88,463.00 |
| Public Interest Entity* audit clients, except listed companies | 0 | $0.00 |
| Audit clients listed on a stock exchange in your own country | 0 | $0.00 |
| Audit clients which are subsidiaries of companies listed on a stock exchange in another country | 1 | $12,862.00 |
International profile
- What is the main language of your firm (internally and with domestic clients)?
- English
- Number of public key contacts listed in this directory for your firm
- 3
- Please confirm that all public Key Contacts listed in the directory offer fluent English.
- Yes
- Does your telephone operator/receptionist speak English?
- Yes
- What is the maximum time you allow in firm to respond to enquiries from fellow members?
- 1 day
Outward business exchange
- How much business did you send to other members (in your country and abroad, including referrals) in the last financial year (gross fees in USD equivalent). In many cases this is likely to be a best estimate or even a guess based on the fees you would charge for the service. Include repeat business from referrals in previous years.
- $1,065.00
- Approximately how much of this was to members in your country?
- 0
- To members outside your country?
- 100
Inward business exchange
- How much business did you receive from other MGI Worldwide members in the last financial year (gross fees in USD equivalent), domestic and international?
- $807.00
- How much of this total inward business was repeat business from previous years?
- $0.00
- Approximately how much of this total inward business was from members in your country?
- 0
- From members outside your country?
- 100
- From which countries abroad, if any, did you receive business? Please list
- UK
- Please list which MGI Worldwide meetings* were attended by members of your firm in the last calendar year
- November 2022 – Africa Region Meeting Kenya
Licensing and regulatory information
Accountants
Yes
- Membership number/reference
- South African Institute of Chartered Accountants (SAICA)
Auditors
Yes
- Membership number/reference
- Independent Regulatory Board of Auditors (IRBA)
Tax advisors
Yes
- Membership number/reference
- South African Revenue Services (SARS)
Other profession
No
- Specify which
- not filled
- Membership number/reference
- not filled
- Is your firm subject to an external quality control review?
- Yes
- If your answer was No, how do you ensure your quality standards?
- not filled
- If your answer was Yes, how often does the external review take place?
- 3
- What is (are) the name(s) of the reviewing organisation(s)?
- IRBA
- What was the date of your last external review?
- 8th January 2014
Professional indemnity
- Is Professional Indemnity Insurance available in your country?
- Yes
- If YES, is it obligatory?
- No
- Do you carry Professional Indemnity (PI) insurance?
- Yes
- Comments, if any, on PI
- n/a
Comments
- Explanatory comments, if needed, on this information from the member firm or from MGI Worldwide
- External review- Notwithstanding that the IRBA conducts its firm reviews in cycles of every 3 years, the IRBA as the Assurance Regulator in South Africa is also called upon to conduct specific investigations in matters of public interest, as and when they arise. The IRBA has in recent years been re-adjusting its approach in terms of its focus areas to be more risk based and whilst we cannot determine the reasons for their delayed inspections, we are aware that there have been a number of high profile public accounting scandals which involve registered auditors and this may have kept the Regulator quite occupied.This appears to remain unchanged from the previous year.
2022
Business dimensions
- Total gross annual turnover (revenue) in USD equivalent for the last completed financial year
- $4,901,064.00
- Date of end of financial year to which turnover and all data in this form refers
- 28th February 2022
- Please confirm that this turnover covers all branches and associated subsidiary firms which offer services to members and their clients, directly or indirectly
- Yes
- Number of Partners/Principals
- 8
- Number of Partners/Principals who are women
- 1
- Number of professional staff other than Partners/Principals. Professional staff means permanent employees of your firm qualified to carry out audit, accounting, tax advisory or consulting services.
- 37
- Number of staff who are women
- -
- Number of other staff. Those not included in Partners/Principals or professional staff above.
- 69
- Number of offices
- 1
Areas of service
| Service | Approximate % of turnover in the last financial year | English speaking key contact for this area |
|---|---|---|
| Audit and assurance | 36% | Abraham Petersen |
| Accounting | 42% | Abraham Petersen |
| Tax | 10% | Stuart Hendler |
| Legal | 0% | not filled |
| Business advisory | 0% | not filled |
| Other services, if any (please list here and give total %) | ||
| Management Consulting, Estates and Secretarial | 12% | Stuart Hendler |
| Total - all services (must be 100%) | 100% | |
Principal contacts
| Name | ||
|---|---|---|
| Person responsible for marketing | Sue van der Valk | [email protected] |
| (MGI Worldwide members only) - Person responsible for MGI network, Quality Assurance and Audit Independence | Corne Maass | [email protected] |
| Person responsible for Information Technology | Stuart Hendler | [email protected] |
Detailed audit service profile
| Type of audit client | No. of client | Total fee income (in USD for your last full financial year) |
|---|---|---|
| All audit clients | 112 | $967,878.00 |
| Audit clients which have branches, subsidiaries or parent companies outside your country | 6 | $73,412.00 |
| Public Interest Entity* audit clients, except listed companies | 0 | $0.00 |
| Audit clients listed on a stock exchange in your own country | 0 | $0.00 |
| Audit clients which are subsidiaries of companies listed on a stock exchange in another country | 1 | $14,480.00 |
International profile
- What is the main language of your firm (internally and with domestic clients)?
- English
- Number of public key contacts listed in this directory for your firm
- -
- Please confirm that all public Key Contacts listed in the directory offer fluent English.
- -
- Does your telephone operator/receptionist speak English?
- Yes
- What is the maximum time you allow in firm to respond to enquiries from fellow members?
- 1 day
Outward business exchange
- How much business did you send to other members (in your country and abroad, including referrals) in the last financial year (gross fees in USD equivalent). In many cases this is likely to be a best estimate or even a guess based on the fees you would charge for the service. Include repeat business from referrals in previous years.
- $1,000.00
- Approximately how much of this was to members in your country?
- 0
- To members outside your country?
- -
Inward business exchange
- How much business did you receive from other MGI Worldwide members in the last financial year (gross fees in USD equivalent), domestic and international?
- $6,784.00
- How much of this total inward business was repeat business from previous years?
- $0.00
- Approximately how much of this total inward business was from members in your country?
- -
- From members outside your country?
- -
- From which countries abroad, if any, did you receive business? Please list
- UK and Australia
- Please list which MGI Worldwide meetings* were attended by members of your firm in the last calendar year
- 5 October 2021 – Africa Region Discussion20 October 2021 – MGI Virtual Conference
Licensing and regulatory information
Accountants
Yes
- Membership number/reference
- South African Institute of Chartered Accountants (SAICA)
Auditors
Yes
- Membership number/reference
- Independent Regulatory Board of Auditors (IRBA)
Tax advisors
Yes
- Membership number/reference
- South African Revenue Services (SARS)
Other profession
No
- Specify which
- not filled
- Membership number/reference
- not filled
- Is your firm subject to an external quality control review?
- Yes
- If your answer was No, how do you ensure your quality standards?
- not filled
- If your answer was Yes, how often does the external review take place?
- 3
- What is (are) the name(s) of the reviewing organisation(s)?
- IRBA
- What was the date of your last external review?
- 8th January 2014
Professional indemnity
- Is Professional Indemnity Insurance available in your country?
- Yes
- If YES, is it obligatory?
- No
- Do you carry Professional Indemnity (PI) insurance?
- Yes
- Comments, if any, on PI
- not filled
Comments
- Explanatory comments, if needed, on this information from the member firm or from MGI Worldwide
- External review- Notwithstanding that the IRBA conducts its firm reviews in cycles of every 3 years, the IRBA as the Assurance Regulator in South Africa is also called upon to conduct specific investigations in matters of public interest, as and when they arise. The IRBA has in recent years been re-adjusting its approach in terms of its focus areas to be more risk based and whilst we cannot determine the reasons for their delayed inspections, we are aware that there have been a number of high profile public accounting scandals which involve registered auditors and this may have kept the Regulator quite occupied.This appears to remain unchanged from the previous year.