Company Law Amendments for Bookkeepers
Presenters : Nestene Botha CA(SA)
Overview
The Companies Act, 2008 provides for the incorporation, registration, organization, management, and capitalisation of companies. It also defines the relationships between companies and their shareholders and directors/members.
It is vital that everyone who is in the accounting field understands and can practically apply the Act's provisions in their daily duties. This is especially true for bookkeepers who work with and are responsible for the integrity of the financial records every single day.
The purpose of this webinar is not to discuss all the legal provisions of the Act but to highlight the parts of the Act that affect the bookkeeper/accountant's day-to-day roles and to give practical tips on documentation to keep as part of the bookkeeping process.
Learning objectives
By the end of this webinar the attendee should:
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Understand the purpose of the Companies Act, 2008;
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Understand the CIPC's regulatory role.
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Be aware of key sections in the Companies Act that directly effect the day to day duties of bookkeepers;
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Understand how these key sections affect the bookkeeper/accountant's work on a practical day to day basis; and
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Be aware of practical tips that can be applied on a daily basis, as certain transactions occur.
Content
The webinar will cover the following topics:
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Introduction to the Companies Act, 2008.
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The CIPC's regulatory role.
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Section 16 – Amending Memorandum of Incorporation.
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Section 25 – Location of company records.
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Section 26 – Access to company records.
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Section 30 – Duty to prepare a directors’ remuneration report.
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Summary of other sections affecting the bookkeeper/accountant.
