loader loader cover

GRAP Compliant Asset
Accounting Specialists.

Asset Management Advisory Compliance Integration

JBFE commenced business in 1998 as a Closed Corporation, rendering Civil and Mining Engineering and IT consulting services. JBFE and its core members have been actively involved in the Asset Management / Accounting environment since 2003, doing some pioneering work with other industry leaders and specialists (both local and international).

In doing so JBFE has become recognized GRAP compliance and implementation specialists with specific focus on GRAP 17 (immovable assets) and all associated GRAP standards (16, 12, 100, 19, 21, 31, 103, etc.).

JBFE Services arrow forward

JBFE started focusing, as specialists, on GRAP and legislative compliant asset management and accounting in 2003 through the involvement of Jacques du Toit, with various organisations.

JBFE CC was converted to JBFE Consulting (Pty) Ltd in 2009, with specialist consulting as its core business, focusing on Integrated Asset Management and Asset Accounting.
Some of the Treasuries and Municipalities that we work with:

North West Provincial Treasury
Kgetlengriver Local Municipality
Tswaing Local Municipality
Mahikeng Local Municipality
Ditsobotla Local Municipality
Ramotshere Moiloa Local Municipality
Tswaing Local Municipality
Mahikeng Local Municipality
Ditsobotla Local Municipality
Ramotshere Moiloa Local Municipality
Mamusa Local Municipality
Greater Taung Local Municipality
Mamusa Local Municipality
Greater Taung Local Municipality
Maquassi Hills Local Municipality
Ratlou Local Municipality
North West Provincial Treasury
Kgetlengriver Local Municipality
Maquassi Hills Local Municipality
Ratlou Local Municipality
Moretele Local Municipality
Mangaung Metropolitan Municipality
Ekurhuleni Metropolitan Municipality

Asset Management

  • Verification of assets
  • Identification of assets
  • Componentising of assets
  • Condition assessment
  • Economic useful life determination
  • Remailing useful life estimation
  • Valuation rates and assets
  • Maintenance & Management Policies

Advisory

  • Legislative and regulatory compliance (PFMA, MFMA, Treasury Regulations)
  • Reporting support on financial statements - Annual
  • GRAP reviews
  • Improvement of internal control structures - Training in
  • Work performed
  • Skills development
  • Management framework
  • Audit support

Compliance

  • Legislative and regulatory compliance (PFMA, MFMA, Treasury Regulations)
  • GRAP Compliance
  • Review & testing of assets for impairment
  • Methodologies used for asset register establishment
  • Accounting Policies
  • Practical experience skills transfer
  • Valuations

Everything Assets
& Accounting.

Provincial Treasury & Asset Accounting Projects.

S e r v i c e s

ACORiS is a web based infrastructure asset management tool that provides municipalities and other role players the ability to efficiently manage, budget, maintain and operate their infrastructure assets.

Features of Acoris

  • Web based software.
  • Infrastructure asset management tool.
  • Runs on desktop and mobile devices.
  • Determines which assets need replacing and when.

Accessable By

  • Asset manager
  • Asset custodian
  • Maintenance staff
  • Project Manager
Learn More About Acoris arrow forward

Asset Management
& Accounting
Software.

acoris asset accounting software

S o f t w a r e

JBFE have knowledge and experience in application of various legislation and standards including, but not limited to:

GRAP IFRS PFMA MFMA ISO GCC
JBCC FIDIC SANS OHS TRH
+ White Paper on National Transport Policy & Integrated Transport Plans.

Accounting Advisory Team, is supported by our Support Team, consisting of GIS / Database Administrator, who is also studying Civil Engineering and an IT Manager and HR manager that has over 10 years’ experience in their fields of specialisation. Professional bodies JBFE team members are registered with:

SAICA SAIPA SAICE ECSA IMIESA IMFO

Legislation
& Standards

Our Civil Engineering team consist of qualified Technicians, Technologists and Engineers with experience ranging from 5 to 22 years’ and are ECSA registered. Our Accounting Advisory team consist of professionally registered CA’s and Accountants with SAICA and SAIPA.

S t a n d a r d s