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We have developed a world class methodology that is PAS 55 aligned and meets international and local accounting reporting standards (e.g. IFRS, GAAP and GRAP).

Our methodology is based on a set of business processes with supporting best practices and standards.

A Business Process is defined as the transformation of inputs to deliverables by progressing a sequence of activities that makes use of resources, tools, templates and best practices.

Pragma places a premium on delivering a service of exceptional quality. Using the business processes as step by step guides ensures that the same quality service is achieved at all our clients.

Business Processes

Business processes include :

1. KNOW your asset strategy and
understand the improvement plan

2. KNOW what assets you have and where
they are

3. KNOW the condition and the latest value
of your assets

4. KNOW what work must be performed on
your assets and Depreciation

5. KNOW what human resources are
required to perform work on your assets

6. KNOW what special resources and spares
are required to perform work on your
assets

7. KNOW that you are getting optimum
performance from your assets

8 KNOW how to plan for and acquire new
assets and dispose of old assets