Founded in January 2017, Bachus Financial Services is an Accounting Practice situated in Port Elizabeth, South Africa.
We specialise in providing complete Accounting, Financial and Business Management services and/or products to specifically start-ups, small and medium-sized enterprises through all the various business phases these enterprises may find themselves.
Bachus Financial Services, through its association with various professional bodies within the industry, subscribes to the Code of Ethics for Professional Accountants, as prescribed by the International Ethics Standards Board for Accountants.
It is the aim of Bachus Financial Services to provide services of the highest quality, at competitive rates to ensure that our clients receive the best value for money.
For this reason, Bachus also follows the Value-based, Fixed Fee billing approach, creating transparency to the client regarding their fees, and not confirming to the more conventional time-based billing.
Ernest Pretorius, the founder and Sole Partner in the practice completed his studies towards the B. Com Accounting degree at Rand Afrikaans University (now known as University of Johannesburg) in 2002.
Following this, Ernest completed his 3-year SAICA accredited articles in Port Elizabeth, upon completion thereof he founded Bachus Financial Services as a home-based business.
Since 2007 the practice has grown year on year for 10 consecutive years, mainly relying on word-of-mouth referrals.
In 2011 Ernest completed the CIMA Advanced Diploma in Management Accounting, followed by the post-graduate certificate in Business Rescue Practice (Law Society & UNISA) in 2014. Ernest is associated to the following professional bodies:
SAIBA – Southern African Institute of Business Accountants (since 2007), with the Designation of Business Accountant in Practice “BAP (SA)”, allowing him to act as Accounting Officer, Commissioner of Oaths, Independent Reviewer, Business Rescue Practitioner, Business Advisor and Management Consultant.
SAIT – South African Institute of Tax Professionals (since 2012), with the Designation of General Tax Practitioner “GTP (SA)”, allowing him to provide advice and the tax related services as per the Tax Administration Act of 2011.