Watermark Auditors Inc. is a medium-sized, independent audit firm based in Fourways Johannesburg.
We provide a full range of professional services relating to auditing in the role of statutory auditor or independent reviewer.
We have particular experience in the various requirements of the Companies Act and in all aspects of the external and internal audit function. Watermark is a member of Russell Bedford International, a global network of independent professional services firms with 290 offices in more than 100 countries, sharing a common ethical code based on responsive, personalised, partner-led service
What we do
Our audit and independent review services are performed to the highest ethical standards, and a commitment to confidentiality, independence and impartiality.
Our rigorous quality standards ensure we are fully compliant with all regulation governing external audits. In addition to our obligations as a company’s statutory auditor in the auditing of financial statements and consolidated accounts, we provide independent review services, drafting and compiling of financial statements in accordance with the appropriate reporting IFRS Standards
Quality & integrity
Watermark is a member of the Independent Regulatory Board for Auditors (IRBA). IRBA is the sole competent body in South Africa responsible for the supervision and organisation of the profession, and prescribes the quality standards, audit methodology, qualifications and training with which all audit firms must comply.
Watermark has strict policies and procedures in place to ensure our full compliance with the requirements of the IRBA. These include:
- utilising proven audit methodologies, adapted to the specific needs of each individual client
- ensuring full compliance with all quality standards (including annual quality reviews) incumbent on member firms of the Russell Bedford International accounting network
- ensuring full adherence to the International Standards on Auditing (ISA and ISQC), in addition to all domestic regulatory requirements
- ensuring all auditors fulfil their obligations regarding training and continuing professional development (CPD) – an obligation imposed by the IRBA