About Watermark Auditors Incorporated

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

Contact us
All statutory audit functions

Our core focus is to complete voluntary and statutory audits for private companies with public interest scores in excess of 350 points. Our key strength is to complete high quality audits in compliance with International Standards on Auditing and the Companies Act.

Preparation of annual financial statements

We utilise the latest automated audit software to prepare financial statements and management accounts in accordance with International Financial Reporting Standards

Completion of special audit assignments

We offer special purpose audits of Trust Funds for Estate agents and Attorneys. We are uniquely positioned to undertake due diligence investigations and special purpose audit confirmation reports to third parties.

Independent reviews

As part of our services we complete independent reviews for SME enterprises in compliance with review engagement 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