With the recent amendments to the Companies Act taking effect on 27 December 2024, the role and requirements of Social and Ethics Committees (SECs) have gained renewed significance. This webinar aims to equip accountants, financial professionals, and company leaders with a comprehensive understanding of the SECs requirements under the Companies Amendment Act.
Join Caryn Maitland CA(SA) and Carmen Westermeyer CA(SA) on 30 January 2025 from 10:00 a.m. to 12:00 p.m. as they go into the critical aspects of SECs, from their purpose and constitution to their reporting obligations and impact on sustainability and ESG frameworks.
Through real-world case studies, practical examples, and an in-depth analysis of the latest regulatory developments, this webinar will equip you with the following competencies:
Understand the fundamental role of SECs as a statutory requirement and governance tool.
Gain clarity on the legal thresholds and criteria that determine which companies must establish an SEC.
Learn the specific requirements for forming an effective SEC, including the composition, qualifications, and roles of its members.
Attain knowledge about the core functions of an SEC such as monitoring corporate social responsibility initiatives, overseeing ethical practices and ensuring compliance with sustainability laws.
Understand the statutory reporting obligations of SECs including disclosures in annual reports and how these outputs influence corporate reputation, stakeholder trust, and regulatory compliance.
The following topics are under discussion for this month:
What is sustainability?
What are the requirements of corporate law with respect to SECs?
What guidance does King IV on corporate governance give SEC's?
What are the reporting and assurance implications of the SEC?
What are the consequences of not having an SEC?
This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA.
All attendees are issued with a CPD certificate available in an online profile.
Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002 and is also a registered member of SAICA.
Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics. She has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014. Caryn is also involved with the annual SAICA SMP Technical tour.
Carmen Westermeyer graduated in 2001 from the University of Natal, Durban (now UKZN), with a BCom Honours degree in Accounting and completed her articles with PwC in 2004. She has been a member of SAICA since then. In 2008, she was appointed lecturer at UKZN and coordinated the Taxation 300 course until December 2010. She then took over the role of Academic Leader for the Taxation Department, as well as the coordination of the Postgraduate Taxation Programme.
In December 2012 Carmen started running ad hoc training courses for members of the profession. From December 2013, she moved into commercial training and consulting on a full-time basis. She has been involved in various training activities, such as the SAICA SMP training in 2014 and the FASSET Budget and Tax Update in 2015 and 2016.
The following persons will benefit from attending this webinar:
Professional accountants such as CA(SA), BAP(SA), AGA(SA), Professional Accountant (SA), FCCA, BA(SA) and ACCA.
Registered auditors.
Company directors.
Financial managers.
Registered tax practitioners.
Trainee accountants.
Individual Booking: R380.00
Company Booking:
Group Price 1 - From R198 per person (up to 5 users)
Group Price 2 - From R153 per person (up to 10 users)
Group Price 3 - From R132 per person (over 11 users)
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