NEW Companies Amendment Act

In-house course

2.00
Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
YVONNE ROSSOUW   yvonner@probetatraining.co.za

On 27 December 2024, President Cyril Ramaphosa
proclaimed the Companies Amendment Act  in force. For the first time
in more than 10 years, we will see significant changes and strengthened
regulations.




But how does this affect companies and their responsibilities? From
clarified turnaround times, to increased disclosure responsibilities, all
companies should be aware of the effect these changes will bring.



During this webinar, we will discuss all the changes and their impact
on companies, their directors, consultants, accountants and auditors.

  • Changes to definitions 
  • Amendment to MOI – No more delays 
  • Increased access to information 
  • Disclosure of director’s remuneration 
  • Annual return and XBRL submission of financial
    statements 
  • Validation of shares 
  • Financial assistance for shares 
  • Approval of share buy backs 
  • Social and ethics committee 
  • Auditor requirements 
  • Application of takeover regulations to private
    companies 
  • Alternative dispute resolution 
  • Changes to the Companies Tribunal 
  • Functions of Financial Reporting Standards
    Council
  • Accountants 
  • All directors 
  • Auditors and providers of statutory duties

  • Accountants 
  • All directors 
  • Auditors and providers of statutory duties.