We are a team of experienced Chartered and Forensic Accountants at your fingertips
About the Company
JOHAN FERREIRA CA (SA) | MBA | CERT.FIN.OFFICER (SA)
Johan is the Managing Director of Kahamelo Forensic Services and is a qualified Chartered Accountant (SA), Certified Financial Officer (SA) and holds a Master of Business Administration (MBA) degree from Regent Business School in Johannesburg.
Johan has been involved in litigation support, transaction support, and forensic accounting investigations both locally and internationally. Matters and clients include Old Mutual (CGIC), Discovery Life, Bidvest Bank, Sasfin Bank, CEPPWAWU, CIG Limited, NYSE listed, S&P 500 Company, DBT Technologies, Blue Label Telecoms (CEC), Liviero Mining (liquidation), Africircle (liquidation), Probuild Construction (liquidation), Bragan Chemicals, Edwin Construction, Ecsponent Limited, MyBucks SA (Luxembourg and listed on the Frankfurt Börse), Novomatic Africa, Copenship Bulkers A/S (in liquidation) (Denmark) and various high profile divorce matters in South Africa.
Johan has testified as an expert witness in numerous South African cases, commissions of enquiry proceedings, arbitration proceedings and High Court Matters.
Kahamelo Forensics was established in 2017 as an independent private company that operates without audit or regulatory conflict. Kahamelo Forensics consists of an experienced team of Chartered and Forensic Accountants that specialise in exposing financial fraud within the public and private sectors, by offering an extensive financial forensic service. Kahamelo Forensics prides itself on providing clients with a committed approach in excellence and accuracy when it comes to the initial factual-finding investigation through to the legal process.
The unfaltering cooperation with industry experts, our proven technical abilities, and the multidisciplinary approach against all fraud-related occurrences distinguish us in the market. We have a professional interest in the successful outcome of all projects; therefore, we continuously strive to deliver time-effective results and build a creditable reputation on the foundation of alliances with all stakeholders. To date, we have had a successful track record in several cases, due to our meticulous understanding of financial fraud. With our unique forensic investigative techniques and experienced team, we are highly capable of assisting with a range of services.
Our Forensic Team
CA(SA), Cert.Fin.Officer (SA), MBA
Johan is a qualified CA(SA), Cert.Fin.Officer (SA) and holds a Master Business Administration (MBA) degree from Regent Business School in Johannesburg. Johan has proven experience in International and JSE listed organisations with over 15 years’ experience. As Expert witness, Johan has testified in numerous South African cases, commissions of enquiry proceedings, arbitration proceedings and High Court matters.
Johan has been involved in litigation support, transaction support, and forensic accounting investigations both locally and internationally. Matters and clients include Old Mutual (CGIC), Discovery Life, Bidvest Bank, Sasfin Bank, CEPPWAWU, CIG Limited, Iron Mountain International Holdings (NYSE listed, S&P 500 Company), DBT Technologies, Blue Label Telecoms (CEC), Liviero Mining (liquidation), Africircle (liquidation), Probuild Construction (liquidation), Bragan Chemicals, Edwin Construction, Ecsponent Limited, MyBucks SA (Luxembourg and listed on the Frankfurt Börse), Novomatic Africa, Copenship Bulkers A/S (in liquidation) (Denmark) and various high profile divorce matters in South Africa.
- Bachelor of Commerce in Accounting – UFS (2003)
- Honours Bachelor of Commerce in Accounting – UFS (2004)
- Honours Bachelor in Accounting Science – UNISA (2005)
- Chartered Accountant (South Africa)
- Member of the South African Institute of Chartered Accountants (SAICA), since 2008
- Certified Financial Planner (CFP) – UFS (2011)
- Master of Business Administration – Regent Business School (2014)
- Member of the Association of Certified Fraud Examiners (ACFE), since 2018
Steyn is a qualified CA (SA) and an experienced financial manager with proficient management experience working in various industries, most recently within the chemical manufacturing industry (JSE listed). Steyn completed his articles at EY Inc, Johannesburg in 2014 and gained valuable financial and auditing experience.
- Bachelor of Commerce Financial accounting – NWU (2009)
- Bachelor of Commerce Honours Financial Accounting – NWU (2010)
- Bachelor of Commerce Honours CTA – NWU (2012)
- Member of the South African Institute of Chartered Accountants (SAICA), since 2015
Senior Forensic Accountant
BCom Hon. Fin. Acc.
Elisna is a Forensic Accountant and holds an Honours degree in Financial Accounting from North-West University. Elisna completed the Certificate in Commercial Forensic Information Technology and Commercial Forensic Practice and Fraud Risk Management from North-West University. Elisna is currently associated with The Institute of Commercial Forensic Practitioners (ICFP) professional body.
- Bachelor of Commerce Financial Accounting – NWU (2015)
- Bachelor of Commerce Honours Financial Accounting – NWU (2016)
- Certificate in Commercial Forensic Information Technology – NWU (2020)
- Certificate in Commercial Forensic Practice and Fraud Risk Management – NWU (2020)
BCom Fin Acc, SAIPA
Júan joined FC Chartered Accountants (Pty) Ltd as a SAIPA Trainee after obtaining his degree and scheduled to write his Professional Accountant (SA) Evaluation Exam in December 2020, due to the successive delays caused by the Covid-19 pandemic. Júan received exposure to most aspects of the accounting professions and was involved in multiple audits. He has over 4 years’ combined experience. Júan is skilled in various computer packages, including Microsoft Office, Draftworx, Sage Business Cloud Accounting, Sage Payroll, Sage Pastel and Intella. He worked for FC Chartered Accountants, BKD Auditors and KPMG
- Bachelor of Commerce (Financial Accounting) – North-West University (2016)
- Completed South African Institute of Professional Accountants (SAIPA) Learnership Contract: Post Graduate Diploma: Professional Accountant (January 2017 – December 2019)
BCom. Acc. Sci.
Alysia is a qualified accountant, eligible to register as an Associate General Accountant (SA) with the South African Institute of Chartered Accountants. She is currently busy with her final courses to become a member of the ICFP, to practice as a Commercial Forensic Practitioner and has written the exams in October 2020. Alysia completed her SAICA training with Mervitz and Malan Chartered Accountants Inc in 2020. Additionally, she obtained her SAIPA articles in 2018 and won the SAIPA Clerk of the Year award in 2016.
- Bachelor of Commerce in Accounting Sciences – UP (2014)
- Post Graduate Diploma: Professional Accounting in Practice – FASSET (2018)
- Certificate in Commercial Forensic Law – (2018)
- Certificate in Commercial Forensic Information Technology – (2018)
Financial Litigation Support
We assist with complex legal disputes and settlement discussions during a litigation process, through providing resources in obtaining and analysing relevant documentation, creating preliminary assessments, and formulating key questions around financial evidence.
We assist with valuations to indicate the economic value of a specific business. Business valuations can assist with the purchase or sale of a business and provide information to key stakeholders. These evaluations are often conducted in divorce proceedings, business assurance applications, as well as mergers and acquisitions.
We assist in analysing raw data to spot trends, metrics, and other information needed to help increase the overall efficiency of the forensic investigation process.
Johan Ferreira CA(SA) provides relevant and impartial evidence from a financial perspective after investigating the facts available to give factual expert evidence during legal proceedings.
Financial statement fraud investigations
We conduct investigations into fraudulent financial reporting and intentional misstatement or omission of amounts or disclosures from financial reports, intended to deceive financial statement users. The investigation includes irregular revenue recognition, manipulation of expenses, non-recognition of liabilities, and improper cash flow presentation.
Procurement fraud investigations
We investigate services into illicit procurement processes to acquire low-quality goods and inadequate services, including the selection of unjustified contractors.
Transactional support services
We perform detailed business/venture financial investigations (such as due diligence procedures) that are essential for possible investment processes or financial decisions.
Cash flow of funds analysis
We conduct cash flow analysis to highlight possible areas of fraudulent accounting. The analysis assist to detect misappropriation of funds both locally and internationally.
Reckless trading analysis
Section 22(1) of the Companies Act No 71 of 2008, states that a company must not carry-on business recklessly, with gross negligence, intent to defraud any person, or for any fraudulent purpose. We investigate business recklessness and gross negligence to identify any fraud.
Financial due diligence services
We perform financial due diligence by analysing and validating all the financial, commercial, operational, and strategic assumptions to provide peace of mind.
Money laundering investigations
We uncover illegal laundering of money by analysing bank and company financial records to identifying the origin of the illegal income which can be concealed as a legitimate source.
We investigate company asset theft, such as cash theft, and the misuse and theft of company assets for personal gain.
. Fraud detection and investigation
Through investigating different approaches, we detect, obtain, and secure any evidence involving fraud.
Asset registry search
The search can be conducted through the following public databases:
- Companies and Intellectual Property Commission (CIPC);
- Consumer credit records of various credit bureaus (Experian);
- Deeds Registry for properties held;
- Deeds Registry for anti-nuptial contract;
- eNaTIS for vehicles registered;
- Master of the High Court for evidence of registration of any trusts.
Other forensic service providers
- Tax and IFRS expert consultants;
- Intelligence services and
- IT expert services.
Forensic Case History
Ecsponent Limited (JSE listed):
Kahamelo Forensics (mandated by the Board of Directors) performed a detailed forensic investigation into alleged misrepresentation. Johan assisted Adv Anthony Michael during provisional litigation proceedings with an expert forensic report and damage claim calculations.
Bragan Chemicals (Rolfes Holdings company)
Kahamelo Forensics assisted management of Bragan Chemicals during an internal cash embezzlement investigation by providing factual evidence reporting, to assist the company with legal proceedings.