Statutory Audit Services for Zimbabwean Businesses
Full Compliance with the Companies Act | ZIMRA-Ready Financials | Investor-Grade Reporting
Why Statutory Audits Are Mandatory in Zimbabwe
Individual tax compliance is crucial because it ensures that every citizen contributes fairly to national development, thereby funding essential services such as healthcare, education, and infrastructure. It also helps individuals avoid legal penalties and fosters a culture of accountability and transparency in the econom
Stat Box: ⚠️ “100% of medium/large companies must file audited financials within 6 months of year-end (Companies Act 24:03)”Key Compliance Requirements:
✔Annual audits for:
- Public companies
- Private companies with revenue > $1M
- All state-owned enterprises
✔ IAS/IFRS compliance (including IAS 29 for hyperinflation)
✔ ZIMRA audit trail – Tax-ready documentation
Zimbabwe-Specific Challenges:
- Multi-currency reporting complexities
- Frequent regulatory changes
- Rising ZIMRA scrutiny of related-party transactions
Our Statutory Audit Services
A. Full Companies Act Compliance Audit
We Deliver:
Specialist Areas:
- Hyperinflation adjustments (IAS 29)
- Forex transaction auditing
- Mining sector royalty compliance
Visual: 📑 Sample Audit Opinion Snippet
B. ZIMRA-Tailored Audit Preparation
Proactive Solutions:
- Tax-provision audits to prevent disputes
- Transfer pricing documentation
- Capital gains verification
Success Story:
“Reduced client’s tax liability by 40% through proper audit disclosures”
C. Compliance Advisory
Beyond the Audit:
- Company secretarial services
- AGM preparation support
- AGM preparation support
Zimbabwe-Specific Audit Focus Areas
Critical Companies Act Sections We Cover
| Requirement | Our Approach |
| Section 136 – Financial statements | Full IAS compliance |
| Section 141 – Director responsibilities | Governance reviews |
| Section 198 – Audit qualifications | Risk mitigation |
B. Sector-Specific Expertise
Mining Companies:
- Mineral royalty audits
- Export revenue verification
NGOs/Trusts:
- Donor fund compliance
- Project expenditure audits
Financial Services:
- RBZ regulatory reporting
- BSA/AML controls
Our Audit Process
Visual: ⏳ Timeline from engagement to AGM filing
Pricing Packages:
| Service | Best For | Fee Range (USD) |
| Basic SME Audit | <$1M revenue | $2,500 – $5,000 |
| Corporate Audit | $1M-$10M revenue | $7,000 – $15,000 |
| Complex Entity Audit | Multinationals | Custom Quote |
“Fees based on complexity, not just revenue”
