IT Mates

IT Mates South Africa – providing auditing and reporting software

IT Mates South Africa is team of professional Accountants and IT specialist. Established in 2002 and had since committed to the design, development, marketing and support of auditing and reporting software for auditors and financial reporting professionals.

The software is being used across South Africa with over 370 companies. IT Mates South Africa is a leader in auditing and reporting solution in South Africa. The Software are fully adapted to Nigeria and can be customize for each client to comply with International Financial Reporting Standards.

The Company understands the needs and difficulties in the profession and all the software developed by IT Mates South Africa is focused on meeting those needs.

We constantly strive to improve our products and assist you to make better use of them. Support services are designed to make it easy for our users to contact us and get the answers they need in record time.

The software

  • simple yet powerful
  • efficient yet easy to use
  • easy to learn
  • affordable.

The Company range of products include:

Auditmate – IT Mates South Africa Audit Software

AuditMate is a software package designed to assist accountants and auditors with client working paper file preparation. This includes audit and independent review working papers as well as automated Annual Financial Statements.

All AuditMate templates are based on up to date International Accounting Standards. We have created a practical audit / review documentation system based on the requirements of the International Audit, Review and Compilation Standards which is easy to understand, use and implement.

Accountsmate – IT Mates South Africa IFRS Reporting Software

AccountsMate is a software package designed to assist accountants with the preparation of  AutoMated Annual Financial Statements and related compilation and Accounting Officer working papers.

PML Advisory has fully adapted Auditmate and Accountsmate to comply with Nigeria regulatory requirements and International Financial Reporting Standards. We current have clients and external audit firms using Auditmate and Accountsmate in Nigeria.

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IT Mates

Two key regulators and a governance code now require Nigerian Boards to formally demonstrate that their performance is periodically evaluated. PML Professional Services delivers independent, evidence-based Board Evaluations that meet regulatory expectations and are fully prepared for statutory reporting and regulatory submission. NCCG NIGERIAN CODE OF CORPORATE GOVERNANCE Sector covered: All public companies, public-interest private companies and regulated private entities. Requirement: Annual internal board evaluation plus an independent external evaluation at least once every 3 years, with outcomes disclosed as part of the Annual Corporate Governance Report. CBN CENTRAL BANK OF NIGERIA Sector covered: Banks and other CBN-licensed financial institutions. Requirement: Annual evaluation of the board, its committees and individual directors by an independent external consultant. Submission: External consultants must submit the Annual Board Evaluation Report to the Director, FPRD, CBN by May 31 (following the financial year-end) or before the Annual General Meeting, whichever comes first. FRCN FINANCIAL REPORTING COUNCIL OF NIGERIA – CORPORATE GOVERNANCE Sector covered: Every entity subject to the NCCG, across all industries. Requirement: Annual assessment of compliance with the NCCG. Submission: Eligible entities must submit their Corporate Governance Compliance Report through FRCN's reporting portal within three months after the financial year-end. HOW PML DELIVERS YOUR EVALUATION •  Independent Board, committee & Director appraisal •  Skills matrix & Board composition review •  NCCG, CBN & FRCN compliance reporting •  Practical, board-ready improvement roadmap Book your board's evaluation before your next AGM

For More Enquiries, Please Contact: Adeola Adesanya Partner, PML Professional Services aadesanya@pml.com.ng · +234 803 849 9321

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