Overview   

Compliance with the Companies Act is mandatory and directors, through the company secretary or company compliance officer, have a duty to ensure that the company complies with relevant sections of the Companies Act at all times! 

Compliance with  Section 50 of the Companies Act 71 of 2008 is a case in point. This Section requires every registered company to maintain an up-to-date share register. Recent statistics indicate that less than 10% of companies comply with this requirement, which means that the majority of your clients are non-compliant! 

This was the reality when the CIPC mandated the compliance checklist earlier this year. Moving forward, you can expect share registers to be sought after by clients as the CIPC makes a stricter call on this requirement.  In fact, the CIPC may even require companies to submit a share register as part of their annual returns, according to Clause 8 of the Companies Amendment Bill of 2018. 

Joshua Alexandre, founder and CEO of InfoDocs, is presenting a webinar on 18 March 2020 from 09:00 a.m to 10:00 a.m. During this webinar, Joshua will demonstrate how to create a share register with InfoDocs including share certificates, minutes and resolutions, transfer forms and even BBBEE affidavits. This is a great way to increase your revenue stream.  

Learning objectives  

By the end of this event the participant should: 

• Understand the requirements of Section 50 of the Companies Act 71 of 2008; 

• Know how to create a share register and the contents thereof; 

• Know how to create share certificates; 

• Understand how to create minutes and resolutions; and 

• Know how to create a BBBEE affidavit. 

Content 

The webinar will cover the following topics:  

• What is Section 50 of the Companies Act 71 of 2008? 

• Types of securities to be shown in a share register. 

• Creating a share register. 

• Creating share certificates. 

• How to create minutes and resolutions. 

• The BBBEE affidavit.  

Obtaining your CPD certificate 

This webinar qualifies for no 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 

Joshua Alexandre, CEO InfoDocs    

Joshua is a university dropout turned company secretary on a mission to automate the legal requirements for registered companies in South Africa. As a business owner, entrepreneur and director, he knows firsthand the challenges of starting a business and maintaining its legal status.  

With his innovative startup InfoDocs, he is building what he refers to as "the Xero of company secretarial". 

  Who should attend 

The following persons will benefit from attending this webinar: 

• Professional Accountants including: RA(SA), CA(SA),PA(SA) and BAP(SA); 

• Accounting officers; 

• Company secretaries;  

• Company directors; and  

• Compliance officers. 

Price 

This webinar is free! Choose Individual if you would like to attend this event yourself or choose Company if you would like to share this event to with your entire firm. 

Click here

https://accountingacademy.co.za/auth/register> to create a profile and then register for the event (There is no charge to create a user profile and gain access to our free Monthly Practice Management Series). 

Click here

https://accountingacademy.co.za/cpd> 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