DCASA Financial Report Highlights and Analysis
The DCASA Financial Report for November 7, 2023, includes an independent review by Eyesure Financial Services, balance sheet highlights, income statement details, expense breakdown, and strategic focus areas. The report highlights significant financial changes, challenges faced, and key focus areas identified for improvement.
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DCASA Financial Report 7 November 2023
Independent review of Financials for the year ending 30 June 2023. Eyesure Financial Services Chartered Accountants & Auditors
Treasurer Report South Africa saw a rapid increase in inflation which has led to an aggressive increase in the interest rates by the Reserve Bank. Global economic situation remains unstable especially due to the continued wars in Europe and now Middle East. South African s starting to feel the pinch as consumers obtained more credit to fund income shortfalls.
DCASA Balance Sheet Highlights 2022 2023 Cash 332,720 R 352,161 Debtors 173,915 R 105,562 Creditors 0 0
DCASA Income Statement 2022 2023 Income 730,774 748,272 Expenses 619,545 800,283 Surplus / (Deficit) 113,029 (46,783)
Income Highlights 2022 2023 Membership Fees 548,684 475,124 Joining Fees 0 3,403 Conference 182,090 267,920 Bad Debts Recovered 0 1,825 Other (Advertising etc.) 0 0
DCASA Expenses 2022 2023 Bad Debts W/off 0,00 124,852 Employee Costs 486,352 416,863 Conference & Meetings 55,999 188,742
Focus areas In-house Bookkeeping & Administration Focus on Overhead Expenses Focus on PR & Marketing Focus on Member Services Switch Associated Members to Full Members New Members
Acceptance of financials as presented. DCASA Financial Report
