Price:
R276.00 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Companies Act
Lecturer:
Yvonne Rossouw
Duration:
60 Minutes
Additionals:
R276.00 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Companies Act
Lecturer:
Yvonne Rossouw
Duration:
60 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Since the Companies Act of 2008 became effective in 2011, many companies have changed their assurance engagements from an audit to an independent review or a compilation. A lot of companies, however, still undergo an audit, even when it is not necessary.
Join us as we discuss the requirements of section 30 and regulation 28 and 29 of the Companies Act and look at when an audit is necessary and what other forms of assurance exists.
• Companies Act requirements – Audit vs Independent review
o What engagement is necessary
• How to calculate the public interest score
• What is meant by holding assets in a fiduciary capacity
• What is meant by internally compiled
• The owner-managed exemption
• MOI audits
• Other types of assurances
• Who can perform which engagement
o What is meant by the word independent?
o Who is an accounting professional?
• Main differences of each engagement type
Join us as we discuss the requirements of section 30 and regulation 28 and 29 of the Companies Act and look at when an audit is necessary and what other forms of assurance exists.
• Companies Act requirements – Audit vs Independent review
o What engagement is necessary
• How to calculate the public interest score
• What is meant by holding assets in a fiduciary capacity
• What is meant by internally compiled
• The owner-managed exemption
• MOI audits
• Other types of assurances
• Who can perform which engagement
o What is meant by the word independent?
o Who is an accounting professional?
• Main differences of each engagement type