Any accountant who is preparing financial statements on behalf of their company or client needs to appreciate the economic and legislative landscape that they now find themselves in. This webinar will look and the requirements, statutory obligations and the risks that a preparer faces, especially in light of the Companies Act and Tax Administration Act.
After attending this webinar, a delegate will be aware of what the Companies Act and Tax Administration Act’s requirements are of a preparer of financial information. They will also know what documentation they require to keep on file to manage their risk exposure as a result of compiling financial information.
We will look the following elements:
• Who is the compiler?
• Compilation in terms of the Companies Act
• Responsibilities in compiling financial statements (International Standard on Related Services 4410)
• What can SARS expect of a preparer
• The way forward
Any person who is involved in the preparation of financial information on behalf of their clients or company.
Please ensure that you are logged in 15 minutes prior to the start of the session