Overview   

Over the years since its inception, the Broad-based Black Economic Empowerment (B-BBEE) Act of 2003 has been amended a number of times. The amended Codes of Good Practice for Broad-based Black Economic Empowerment is one of the significant changes.  

Accountants who offer their clients advisory services related to B-BBEE need to be well-versed with the Act so that they perform their duties within the scope of the law. Various companies and their advisors are being probed by the B-BBEE Commission for violation of the B-BBEE Act and failure to comply with the Codes of Good Practice contained in the Act. Areas of investigation include fronting and whether the implementation of employee trusts involving black ownership meets ownership requirements and complies with the Act. 

Join our B-BBEE expert Tony Balshaw CA(SA) on 10 March 2022 from 10:00 a.m. to 12:00 p.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  

  Competencies developed in this CPD webinar include: 

• An understanding of the B-BEEE Act and recent amendments. 

• An understanding of the context and key issues relating to B-BBEE. 

• An understanding of measurement criteria and desired outcomes. 

• Knowledge of required documentation for a successful verification outcome. 

• Knowledge of element scorecard principles and criteria. 

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 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, SAIBA, SAICA and SAIPA. 

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 B-BBEE sector. 

Who should attend? 

  The following persons will benefit from attending this webinar: 

• Professional accountants including: CA(SA), Professional Accountant (SA), BAP(SA), AGA(SA), FCCA, BA(SA), ACCA. 

• B-BBEE consultants. 

• B-BBEE transformation managers. 

• Staff working with B-BBEE clients. 

Price               

• Individual Booking: R450.00  

• Company Booking: 

  • R699.00 - Group Price 1 (Maximum of 5 attendees). 

  • R1 350.00 - Group Price 2 (Maximum of 10 attendees) 

  • R1 950.00 - Group Price 3 (Maximum of 15 attendees) 

  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.