Pieter van der Zwan & Associates

We are specialist  IFRS advisors. Our clients get high-quality advice from an advisor with whom they can build a close long-term personal working relationship.

Services

 We offer tailored IFRS solutions to our clients.  Our clients can expect balanced views that combine technical excellence, commercial insight and the personal touch of a trusted advisor.

Our offering includes:

Consultation on IFRS

It is necessary to understand the options available in terms of accounting standards before structuring a transaction or arrangement. We can guide you through this process.

IFRS Opinions

IFRS is inherently complex and requires judgement to apply. We prepare opinions on the application of IFRS to specific transactions or arrangements.

Financial statements quality review

We perform detailed reviews of financial statements for compliance with IFRS disclosure requirements.

Assistance with queries from auditors or regulators

IFRS requires judgement and insight as to the commercial substance of arrangements. These interpretations may be subject to disputes. We assist entities to respond to queries from auditors and regulators to minimise such disputes.

Advice on the implementation of new standards

IFRSs are dynamic and change regularly. We assist entities to consider the impact of new standards and interpretations on their businesses and implement changes if required.

Expertise

We advise on the application of IFRS in a wide range of industries. The industries, transactions and areas in which we have experience include:

Investment funds

Real estate

Agricultural

Financial services

Mergers and acquisitions

Corporate reorganisations

Financing arrangements and instruments

Complex business model and transaction structuring

Employee share incentives

Financial instruments

Business combinations

Leases

Revenue recognition in various business models

Consolidation and reorganisation

 

Clients

We aim to build a long-term working relationship with each client. Our regular clients include:

Medium to large corporates

Accountants and auditors

Law firms

Governments (including tax authorities)

Prof Pieter van der Zwan

Pieter is a chartered accountant (CA(SA)) who holds a master’s degree in commerce (tax). He is an associate professor at a South African university. He is the author of chapters in various textbooks, peer-reviewed articles, and articles in industry publications. He has been practicing as an independent advisor since 2010. He serves on technical committees of various professional bodies.

Articles

Revenue: Agent or principal?

Revenue: Agent or principal?

It is at the core of accounting for any business activities to identify and report revenue from those activities correctly in the entity’s financial statements. IFRS 15 Revenue from Contracts with Customers (‘IFRS 15’) establishes the principles to account for...

South Africa: Deferred tax at 27% or 28%?

South Africa: Deferred tax at 27% or 28%?

The South African National Treasury announced on 23 February 2022 that the corporate tax rate is reduced from 28% to 27% for years of assessment that end on or after 31 March 2023. One of the accounting questions that stem from this announcement is how companies...

IFRS 10: A simple matter of control?

IFRS 10: A simple matter of control?

IFRS 10 Consolidated Financial Statements (‘IFRS 10’) governs the presentation of consolidated financial statements that represent the affairs of a parent and its subsidiaries as a single economic unit. The consolidation accounting model is centred around control. An...

Accounting for VAT on leases

Accounting for VAT on leases

The accounting treatment of VAT was considered by the IFRS Interpretations Committee (the IFRIC) during some of its meetings in 2021. More specifically, the committee considered a request that related to the treatment of non-recoverable VAT paid by lessees. Lessees...

Need Advice?

We regularly advise clients on the application of IFRS and IFRS for SMEs. Do you need advice on how to account for a transaction, arrangement or restructuring? Do you need someone to review financial statements for IFRS compliance?

Contact Us

+27 (083) 417 5904

pieter@pvdzconsulting.com

pieter.van.der.zwan.sa