Overview   

CIPC monitors compliance with the Companies Act. Their recently released Notice 52 of 2019, states that as from 1 January 2020, it is now mandatory for entities to complete the Compliance Checklist before submitting Annual Returns. 

The Compliance Checklist is a declaration on the compliance status of a company to 28 specific sections of the Companies Act No. 71 of 2008 (as amended), Companies Regulations and Schedule 1.  

Although the completion and submission of an entity’s annual return remains the responsibility of the directors, it is, more often than not, completed by the accountant/auditor.  It is going to be vital to complete this Compliance Checklist whilst you are busy with the engagement, so that the checklist can be completed free from misstatement once it is time to submit the annual return! 

Join technical expert Lettie Janse van Vuuren CA(SA), RA on 12 December 2019 as she unpacks the requirements and implications in an understandable format.  She has also compiled 2 Bonus documents, that will be provided to you – free of charge – when you attend the webinar.  

Learning objectives  

By the end of this event the participant should: 

• Understand the functions of the CIPC; 

• Understand the contents of Notice 52 of 2019; 

• Know detailed information on CIPC’s Compliance Checklist, including: 

  • Why CIPC have implemented the Compliance Checklist; 

  • Which categories of companies must comply with the Compliance Checklist; 

  • What happens if you do not answer each question truthfully; and 

  • How to rectify incorrect information submitted. 

• Know how to use the Checklist.pdf as well as the requirements set out in the Reference to Sections of the Companies Act No. 71 of 2008 (As amended); and 

• Understand how to use Lettie’s Compliance Checklist Working Paper in practice. 

Content 

The webinar will cover the following topics:  

• Functions of the CIPC. 

• Contents of Notice 52 of 2019.  

• Common questions and answers to the CIPC Compliance Checklist. 

  • Why the Compliance Checklist? 

  • Who must comply with the Compliance Checklist? 

  • What happens if you do not answer each question truthfully? 

  • How do you rectify incorrect information submitted?  

• Reference to Sections of the Companies Act, 2008.  

• Bonus Documents. 

  • Compliance Checklist Working Paper. 

  • Checklist.pdf in MS-Word format. 

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 

Lettie Janse van Vuuren CA(SA), RA 

Technical expert Lettie Janse van Vuuren CA(SA), RA has over the last 20 years trained thousands of partners, managers, trainee accountants and other professionals. She has assisted numerous audit practices in preparation for IRBA inspections – both on firm level and individual engagement level.  She has also assisted in the formulation of the resulting remedial action process, including the root-cause analysis and action plans.  

She has a unique ability to communicate with delegates at their respective levels of knowledge and experience.    

Lettie is passionate about improving the efficiency and standardisation at audit practices and training offices. She has extensive experience on a variety of technical and practical topics which she consults on, including: SAICA re-accreditation requirements, assistance and preparation, IRBA firm and engagement inspection assistance and preparation, CaseWare issues, audit file reviews (post-issuance monitoring and EQCR), quality control manuals and implementation, HR and other office-specific policies and procedures as well as FASSET skills development facilitation 

Who should attend 

The following persons will benefit from attending this webinar: 

• Accountants. 

• Company secretaries. 

• Registered auditors. 

• Trainee accountants/ auditors.  

• Personnel performing company secretarial duties. 

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 <link to new profile creation> 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 <link to Technical Resource Centre> 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