Not preparing your financial statements within 6 months of year-end can cost you 10% of your Revenue in penalties.
This is the result of a recent High Court order (CIPC v Citiconnect 9503/18) that confirmed the CPC's authority to issue administrative penalties for general non-compliance to the Companies Act, 2008.
In addition, CIPC now requires Companies to institute a criminal and legal action against directors that caused financial statements to be misleading or falsify accounting records (CIPC v Steinhoff).
The webinar will be presented by Adv Rory Voller from CIPC, and representatives from the Corporate Disclosure Regulation and Compliance Unit.
Attending this webinar will provide you with an understanding of the:
The webinar will cover the following topics: