JBN & Associates Inc
JBN & ASSOCIATES is chartered accountancy firm incorporated in South Africa.We offer innovative accounting, taxation and auditing services that are tailor made to client needs. The foundations of the company is based on the in-depth diverse knowledge and experience of the incorporators that understand both the private and public sector environment. We are a 100% Black owned chartered accountancy firm registered with SAICA.
We are the “new Comers” in the industry however our directors have the in-depth understanding of different industries and sectors through a first-hand experience and being involved directly with the day to day running of entities.
MISSION STATEMENT
“Your success our main concern”VISION
To be a leading strategic accounting firm that focuses on growing our clients business and ensure sustainable future through high level business practices.
ETHICS
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Independence
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Integrity
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Objectivity
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Confidentiality
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Competency
VALUES
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Honesty
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Responsibility
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Sustainability
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Accountability
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Reliability
EXPRESSION OF INTEREST
According to the constitution of South Africa chapter 7 the objectives of a local government
- The objects of local government rate:
- To provide democratic and accountable government for local communities.
- To ensure the provision of services to communities in a sustainable manner.
- To promote social and economic development.
- To promote a safe and healthy environment.
- To encourage the involvement of communities and community organisations in the matters of local Government.
A municipality must strive, within its financial and administrative capacity, to achieve the objects set out in.The above objectives cannot be fully achieved if there is any indications that the municipalities are facing challenges.
Current Challenges facing the local government sphere
High Electricity and water giving concern regarding the provisions of sustainable services
Low revenue billing
Low collection rates on revenues billed
High avoidable expenditures
Poor cash flow planning
Low cash flows in the entities
High interest charged and penalties due to low cash flows
Dilapidated and ageing infrastructure without proper maintenance
Lack of proper maintenance plans without proper implementations
High reliance on service providers without skills transfer
Lack of Skilled laborers to avoid outsourcing
Lack of professionalism in the environment that leads to low confidence in the institutions
Lack of sustainability plans e.g. succession plans in key positions
Employees submitting returns and attending trainings but no results date
Lack of coordination between the departments in the institutions in order to bring synergy and high cash flows
Lack of competent skills in general to operate this institutions on a professional and going concern basis
Lack of proper investments in IT infrastructure and applications
