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+27 84 924 9575

THE MODERN FIRM

The Modern Firm is a young , dynamic and innovative  professional services firm that specializes in assurance  ,risk & compliance advisory and property management  services to the private and public sectors. Over the years, we have gained a solid reputation for work efficiency, effectiveness, dedication and utmost professionalism.

Our clients are the most important part of our business and we work tirelessly to ensure their complete satisfaction throughout our business relationship. With the increasing demands of running a modern day business  it becomes increasingly difficult to focus on all areas of the business , a need for an adviser that thinks ahead and rapidly responds to your changing needs cannot be overemphasized.

OUR SERVICES 

  • AUDIT & ASSURANCE
  • RISK & COMPLIANCE ADVISORY
  • BUSINESS SERVICES
  • PROPERTY FINANCIAL MANAGEMENT
The Modern Firm has a comprehensive process for conducting audits. Our audit approach puts an emphasis on independence and integrity. Our audit approach is risk-based. Understanding the client's business environment and industry is fundamental to our approach.
Risk management is the process of identifying, assessing and controlling threats to an organization's objectives. Every business faces the risk of unexpected and harmful events that can cost the company money or cause it to permanently close. Risk management allows organizations to attempt to prepare for the unexpected by minimizing risks and extra costs before they happen. The Internal Auditor’s role is to provide independent assurance that an organization’s risk management, governance and internal control processes are operating effectively. Do you know your company’s risk profile or have you developed an adequate risk management framework that can manage your risk effectively ? While internal audit and risk management have to work together, we believe it is essential that they report to separate senior managers for clear governance purposes and to ensure that neither role is compromised. Whether you need an inhouse or outsourced model, we will offer the following services that can be tailor made to your business’s risk , compliance and governance needs.
Running a modern day business with limited financial management resources can be challenging and can easily cause any business to fall short on its statutory compliance requirements. When a business has access to complete , accurate and relevant financial information it can easily evaluate the business performance and take informed business decisions that drive profitability . Our business services team focuses on non-core support services of the business that require attention on a daily or monthly basis, leaving management with enough time to focus on core activities.
Property financial management is the practice by which a third party is given the responsibility of maintaining a property’s financial status quo for its owners as well as its occupants. Financial Property managers assist the property owners to ensure that all financial matters pertaining to the property are taken care of ; While a property financial manager works hand in hand with the facility manager as well as the property manager , their role is vital in that they ensure that the potential future cashflows expected from the lease will flow to the entity .

OUR TEAM

Lungile Phakathi

CA(SA) RA

A seasoned business woman, founder of The Modern Firm, Registered Auditor and Chartered Accountant CA (SA) with over 14 years’ experience. read more

Tebogo Nkwane

CA(SA)

A matured risk professional, Former Senior Investigator, who is also a Chartered Accountant CA (SA). read more

Portia Moatshe

CA(SA)

Portia is a qualified Chartered Accountant  CA (SA) with over 14 years’ experience in finance, assurance, governance, strategy and business development. read more

UPDATES

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