Expand your practice offering: Advise and support your clients on B-BBEE
CPD Hours: 2
Price: R475.00
Expand your practice offering: Advise and support your clients on B-BBEE
Presenters : Tony Balshaw CA(SA), ACFBA, F.FFI, F.Int.D
Overview
Over the years since its inception, the Broad-based Black Economic Empowerment (B-BBEE) Act of 2003 has been amended a number of times. The amended Codes of Good Practice for Broad-based Black Economic Empowerment is one of the significant changes.
Accountants who offer their clients advisory services related to B-BBEE need to be well-versed with the Act so that they perform their duties within the scope of the law. Various companies and their advisors are being probed by the B-BBEE Commission for violation of the B-BBEE Act and failure to comply with the Codes of Good Practice contained in the Act. Areas of investigation include fronting and whether the implementation of employee trusts involving black ownership meets ownership requirements and complies with the Act.
Learning objectives
Competencies developed in this CPD webinar include:
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An understanding of the B-BEEE Act and recent amendments.
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An understanding of the context and key issues relating to B-BBEE.
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An understanding of measurement criteria and desired outcomes.
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Knowledge of required documentation for a successful verification outcome.
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Knowledge of element scorecard principles and criteria.
Content
The webinar will cover the following topics:
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Introduction to the B-BBEE Act.
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Key definitions of the Act.
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B-BBEE levels and their meanings.
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The B-BBEE scorecards.
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Key calculations.
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Regulations related to submissions.
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Offences and penalties.
