About this Course
This online short course on the Companies Act provides a comprehensive overview of the Companies Act, No. 71 of 2008 and its latest amendments. Designed for professionals in accounting, corporate governance, finance and legal compliance, the course covers key principles governing company formation, governance and regulation in South Africa. Participants will gain insights into the Act’s objectives including promoting entrepreneurship, ensuring legal certainty and protecting stakeholders’ rights.
The course explores essential topics such as the Memorandum of Incorporation (MOI), shareholder rights and director responsibilities. It also covers corporate accountability, financial reporting, insolvency and business rescue procedures. Emphasis is placed on compliance enforcement and the role of regulatory bodies like the Companies and Intellectual Property Commission (CIPC) and the Takeover Regulation Panel, ensuring participants understand their legal obligations in corporate operations.
By the end of the program, participants will have a strong foundation in corporate law, be equipped to ensure regulatory compliance within their organisations and be better prepared to handle governance challenges in an evolving legal landscape.
Learning Objectives
- Understand the key principles and policy objectives behind the Companies Act, No. 71 of 2008, including its alignment with constitutional values and international best practices.
- Explain the role and importance of the Memorandum of Incorporation (MOI) in governing company structure, shareholder rights and director responsibilities.
- Understand the concept of beneficial ownership, its legal definition and the regulatory requirements for disclosure as well as the implications of non-compliance on corporate transparency and governance.
- Analyse the classification, rights and limitations of different types of shares and their impact on shareholder voting and financial entitlements.
- Identify the qualifications, duties, and liabilities of directors, including their fiduciary responsibilities and personal liability risks.
- Understand the requirements for financial reporting, auditing and assurance, including the calculation of a company’s Public Interest (PI) score.
- Differentiate between solvency, liquidity and financial distress, and understand the legal framework governing corporate insolvency including the business rescue process.
- Identify the roles and functions of regulatory bodies, including the Companies and Intellectual Property Commission (CIPC) and the Companies Tribunal.
Course Delivery, Duration and Effort
SA Accounting Academy delivers this online 2-month short learning program course. This course is divided into 7 modules. In this way, you can maintain a work-life balance while studying a just-in-time course to upskill yourself. The required effort is 4 to 8 hours per week.
Is this course for you?
This course is suitable for anyone seeking a deeper understanding of the Companies Act, whether you are a trainee, a business owner, a legal or financial professional or simply looking to stay up to date with corporate governance and compliance requirements.
Lecturer
Caryn Maitland CA(SA)
Caryn is a CA(SA) and RA who lectured extensively at UKZN (and other institutes) specialising in Advanced Financial Accounting. Subsequently, she specialised in facilitating Ethics conversations, keeping assurance practitioners updated and unpacking legislation for the financial sector.
Caryn has conducted training for accountants since 2006 on various topics and has consulted on a number of technical issues. Since January 2011, Caryn has focussed on being a technical freelance consultant and trainer to the accounting profession. She has worked extensively with analysts, directors and other users of financials to interpret, prepare, analyse and forecast information based on these financials.
Prerequisites / Admission Requirements
Anyone can attend this course. There are no minimum entry requirements.
Assessments
Assessment and Certification
On successful completion (i.e. competence in all modules) of this course the learners will be awarded:
- Confirmation of Completion Certificate from SA Accounting Academy
Curriculum
Modules:
- Module 1: Introduction and General Principles
- Module 2: The Memorandum of Incorporation
- Module 3: Being a Shareholder and Shares
- Module 4: Focus on Directors
- Module 5: Accountability, Accounting And Assurance
- Module 6: Insolvency and Business Rescue
- Module 7: Role-players and Other Bits and Pieces
For more information on what will be covered in the curriculum please download the prospectus.
About SA Accounting Academy
The SA Accounting Academy is an accredited private QCTO, SAICA - AT(SA) and BANKSETA qualifications provider. We are committed to providing our students with the highest quality training and support, to ensure that your skills and knowledge are up to date and ready to face the challenges of the modern workplace. Qualifications and courses delivered are designed to ensure that you reach your professional goals and advance your career. With our experienced faculty, staff, and resources, you can be confident that you will receive the highest quality of training.
SAAA is a Level 2 B-BBEE contributor, with 125% procurement recognition. Training spend on certain solutions can be allocated against the Skills Development element of the B-BBEE Scorecard through accredited and nonaccredited training or claimed through SETA grants. In addition, 25% of your Skills Expenditure can be claimed on non-accredited training or courses.
Course Fees
Invest in your future with our comprehensive course. Our fee is an all-inclusive investment in your future.
The course fee is R 4 850.00 and consists of:
Educational Resources
- Online Materials: Access a wealth of online resources, from e-books to tutorial videos, enhancing your learning experience.
Learning Support
- Facilitation: Benefit from expert-led facilitation sessions that offer personalised guidance, addressing individual queries and ensuring a thorough understanding of the subject matter.
- Formative Assessments: Reinforce your understanding with assessments on different topics.
- Learner Forum: Engage in meaningful peer-to-peer interactions through our dedicated learner forum. Share insights, ask questions, and collaborate on projects to enhance your learning experience.
- Continuous Support: Our dedicated team is always on standby to assist with any academic or administrative queries, ensuring a smooth learning process.
Flexibility and Convenience
- Study Online: Complete your course and take your assessments online, giving you the freedom to learn from anywhere.
Payment Methods
Debit / Credit Card or Instant EFT
- You can pay directly on our website for an easy, secure, and instant transaction. During promotional periods, customers can take advantage of additional savings. This is the fastest and most efficient option, saving both time and money.
EFT / Bank Deposit
- You can make a payment directly into our bank account using your Online Banking App, Online Banking services, or by visiting your local bank branch.
Your Company / Employer
- It may be beneficial for your company to invest in training for its staff members. As there are financial and tax advantages for doing so, please speak with your employer or Training / HR manager about the possibility of paying for this training.
Third Party
- If you have someone who is willing to pay for your studies, such as a parent or relative, they can either log in and pay on our website or they can pay via any of the payment options above on your behalf.
Payment Options
Option 1: Once off payment
- R 4 850.00
Corporate Training Solutions
At SA Accounting Academy, we recognise the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.
Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritise hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.
Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organisational goals.
Contact Us
Have any questions or need any assistance?
- Online chat through our website https://accountingacademy.co.za
- WhatsApp: Start chatting (+27635026114)
- Phone: 010 593 0466
- E-mail: [email protected]