Overview   

JSE listed companies are strictly regulated by the JSE while regulations on unlisted private and public companies are relatively slack. The CIPC has on more than one occasion indicated its intention to start strict regulation of private companies.  If so, when will it happen? 

Even before the CIPC puts in place its intentions, it is vital for every accounting professional to fully understand the requirements of the Companies Act, 2008 (together with amendments), and further requirements set out in the entity's Memorandum of Incorporation (MOI).  

In large corporations, compliance with the Companies Act, 2008 is the duty of a company secretary. This is not so for smaller companies which may find the cost of employing a full-time company secretary prohibitive. The responsibility in this case then falls on the accounting officer to ensure full compliance. Failure to comply brings with it penalties which will fall right in the accounting officer's lap!  

In order to ensure that you are in full compliance, we have asked Dora du Plessis to present a detailed webinar on the requirements of the Companies Act, 2008 as well as the implications of not following the contents of your MOI.     

Learning objectives  

By the end of this event the participant should: 

• Know what is required of corporates by the Companies Act, 2008. 

• Know the importance of following their entity's MOI. 

• Understand every stakeholder's roles, responsibilities and liabilities. 

• Know critical compliance requirements of CIPC and the JSE. 

• Understand the need for good corporate governance, transparency and accountability.  

Content 

The webinar will cover the following topics:  

• Introduction to the Companies Act, 2008; 

• Core principles of the Companies Act, 2008; 

• Roles, responsibilities and risks faced by entity's stakeholders: 

  • Shareholders; 

  • Directors;  

  • Accountants/ accounting officers; and  

  • Auditors.  

• The Memorandum of Incorporation and you; 

• CIPC and JSE regulations on companies; and 

• Corporate governance – an overview. 

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 

Edith Wilkins

Edith Wilkins is currently a director at Sekretari (Pty) Ltd, a company secretarial practice. She has 25 years experience in Advanced Corporate Law and Corporate Governance. Edith joined Sekretari (Pty) Ltd in 1995 and has been involved with the company's training since 2011 where she presents seminars and webinars as well as conducting in-house training to corporate clients.

Edith acts as company secretary to various large companies on company statutory duties including drafting agendas, board packs, liaising with CIPC, attending meetings and drafting of minutes.

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. 

• Directors of private companies. 

Price               

• R575.00 - Online admission - Individual. 

• R 950.00 - Online admission - Company. 

• R 0.00 - Paid CPD package subscribers.  

Steps to register for the event:  

1. You can either attend the event as a non-CPD subscriber or as a CPD subscriber.  

   • Option 1: Non-CPD subscribers pay the full event price.  

   • Option 2: Paid CPD Subscribers pay a monthly fee and attend the event at no additional cost.   

2. Under both options you first have to obtain a free CPD Subscription account. This gives you access to free events and registers you as a user on the system.  

3. Once you have a free profile you can select between Option 1 or 2.  

4. Find out more about the benefits of being a CPD subscriber and attend this event for free - Click here 

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