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

NOTIFICATION OF CHANGE OF PARTICULARS
When Do You Need to File a Notification?
Life and business move fast. You must notify the tax authorities if any of the
following occur:
For Individuals
Change of Name: Usually due to marriage or legal deed poll.
Change of Address: Moving your primary residence (this may affect which
State Internal Revenue Service you pay your PAYE or personal income tax
to).
Change of Employment: Transitioning from an employee (PAYE) to a
self-employed person or business owner.
Contact Information: Updates to your phone number or the email address
linked to your NIN/TIN.
Change in Business Name: If the company rebrands or changes its
registered name with the CAC.
Change in Registered Office: Moving the physical headquarters or principal
place of business.

Changes in Directorship: When directors resign or new ones are appointed.

Nature of Business: If a company shifts from, for example, "General
Contracts" to "Oil and Gas Services" (this often changes the tax rate or
applicable incentives). -
Cessation of Business: If the business stops operating entirely, you must
notify the NRS to prevent continuous "Best of Judgment" (BOJ)
assessments.

  1. Why It Matters
    Failing to update your records is more than a clerical error; it carries real-world
    consequences: - - - -
    Invalid Tax Clearance Certificates (TCC): If your records on the NRS portal
    don't match your current CAC status, your TCC application will likely be
    rejected.
    Missed Legal Notices: The law considers a notice "served" if it is sent to
    your last known address on file. If you’ve moved and don't receive an audit
    notice, the NRS can proceed with legal action in your absence.
    Penalty Accumulation: In the case of business cessation, if you don't
    officially notify the NRS that you've closed, they will assume you are still
    earning income and continue to charge late filing penalties.
    Bank Account Freezes: With the 2026 integration of NIN-TIN-BVN,
    discrepancies in your data across different agencies can trigger automated
    "Red Flags," leading to temporary restrictions on your bank accounts.
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