MORAR INCORPORATED
A PRO-ACTIVE APPROACH TO SERVICE
Morar Incorporated is an independent management and professional services firmwith the head office in Pietermaritzburg and branches all major cities. The firm offers a broad array of accounting and audit services over a wide spectrum of industries. The overall goal of Morar Incorporated is to provide value-added services to its clients, using its knowledge of the industry to gain an in-depth understanding of each client's business and needs and to provide sound business advice on all aspects of their operations. Morar Incorporated has a carefully selected mix of complementary services that all have a role to play in business improvement and development initiatives. The group does not only advise its clients on what improvements or new ideas to implement but all services are specifically geared to help their clients all the way through to the conclusion of implementation.
CORPORATE CLIENTS: AUDITS
Morar Incorporated's approach and methodologies are based on the principle of adding value rather than the traditional audit approach. With this pro-active approach, we are able to provide a service that evaluates both the tangible and intangible risks as well as the degree of effectiveness of the system of internal control in addressing high areas of risk. This type of assurance assists the organisation in effectively complying with good corporate governance principles and practices. It also enhances the control environment so as to minimize risk exposure, quantifying the impact of risk to stakeholder value, while also highlighting areas that are over controlled.
OWNER MANAGER BUSINESSES (OMB)
The following list demonstrates the capacity and expertise of Morar Incorporated to undertake a value-added professional service to its OMB clients.
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Preparation and auditing of financial statements
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Analysing management information
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Income tax service
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Completion and submission of income tax returns
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Completion and submission of monthly statutory returns
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Formation of companies, close corporations, trusts and other
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Legal entities
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Implementing accounting systems and controls
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Business plans
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Feasibility studies
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Due diligence exercises
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Assistance with applications for loan funding, subsidies and incentives
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Preparation of budgets and monitoring of management information
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Advice of acquisition, disposals and restructuring of business
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Turnaround management
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Estate planning
ACCOUNTING SERVICES
Assistance on all aspects of a municipal treasury department is provided, including the outsourcing and management of such a function. Comprehensive income management services are offered. The processes chosen have been successfully implemented and have proved effective in reducing debt and increasing cash flow.
PROVINCIAL GOVERNMENT AND PUBLIC SECTOR CONSULTING
As amanagement consulting firm, we have over ten years experience in providing the following services/solutions within the public sector environment:
Asset management; supply chain management; financial investigations and secondments; training; financial management; project management services, which include: training, AFS compilation, audit readiness programmes, head counts, development of policies, procedures and business processes, budgeting, local government consulting.
The local government division has been in existence for the past ten years. The implementation of the Municipal Financial Management Act (MFMA) brings with it the responsibility of modernizing municipal financial management in order to enable municipalities tomaximize their capacity for service delivery. Morar Incorporated has a proven track record of effectively andefficiently assisting local governments to achieve their goals. The professional staff are deployed to provide practical, affordable and implementable solutions, appropriate to each municipality.
The Local Government Services include but are not limited to:
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Strategic and Business Planning Services
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Using various strategic management tools that assist municipalities fulfill their policy and developmental objectives.
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Capacity Building and Training accredited by LG SETA
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Local government is assisted to develop capacities and skills to ultimately ensure effective, efficient and sustainable service delivery.
