Overview 

Ever since its introduction, the Broad-based Black Economic Empowerment (B-BBEE) Act of 2003 has seen a number of amendments with the amended Codes of Good Practice for Broad-based Black Economic Empowerment being perhaps the most significant.

How do businesses qualify for one of the B-BBEE levels and what is required to maintain that level or move to a different one? Accountants are called to be well versed with the Act and its requirements when they offer their clients advisory services related to B-BBEE.

Join our B-BBEE expert on 02 December 2020 from 09:00 a.m. to 11:00 a.m. for a full discussion on requirements of the B-BBEE Act and an in-depth look at the B-BBEE Codes of Good Practice.

Learning objectives

By the end of this event the participant should:

• Have an overall understanding of the B-BEEE Act;
• Understand recent amendments and their implications;
• Know how to perform required calculations;
• Know how to prepare required reports; and
• Understand how to budget for B-BBEE. 

Content

The webinar will cover the following topics:

• Introduction to the B-BBEE Act.
• Key definitions of the Act.
• B-BBEE levels and their meanings.
• The B-BBEE scorecards.
• Key calculations.
• Regulations related to submissions.
• Offences and penalties.

Obtaining your CPD certificate

This webinar qualifies for 2 CPD hours with your professional body including: ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by all relevant professional bodies.

All attendees are issued with a CPD certificate available in an online profile.

About the presenter

Tony Balshaw CA(SA), ACFBA, F.FFI, F.Int.D

Tony Balshaw is the Provincial Leader of SNG Grant Thornton in the Eastern Cape, and is the partner-in-charge of the firm’s B-BBEE and Family Business divisions.

Tony’s B-BBEE expertise and experience includes verification and consulting in public listed and private companies, as well as state-owned enterprises. He has extensive B-BBEE experience across a broad spectrum of entities, including manufacturing, banking, textile, construction, petroleum, food processing, electronic, hotels, transport, agriculture, retail, NGOs and professional organisations.

Tony has conducted a significant amount of research into BEE and has authored a number of books and articles. He has served on the ABVA/Dti technical liaison committee, and is on the leading edge of developments in the BEE sector.

Who should attend

The following persons will benefit from attending this webinar:

• Professional Accountants including: CA(SA), PA(SA) and BAP(SA);
• B-BBEE Consultants; and
• B-BBEE Transformation Managers
• Admin staff working with B-BBEE clients.

Price            

• R 475.00 - Online admission - Individual.
• R 950.00 - Online admission - Company.

Steps to register for the event:

If you already have a profile, login and register for the webinar.

If you don’t have a profile, create a free profile then login and register for the webinar.

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).

Click here to find out about the Technical Resource Centre & CPD Subscription options.

Additional material

By attending this webinar you will be provided with:

• Summarised slide presentation.
• Reference documents and/or course material where available.
• You can ask questions during the webinar and you will also have access to me the presenter after the webinar.