Accounting & Assurance Updates
The latest developments from Regulators and standard setting bodies
Read the articles below or search a topic
Accounting & Assurance Updates
CIPC Reminder on Annual Financial Statements Compliance
The Companies and Intellectual Property Commission (CIPC) emphasizes the importance of compliance with the Companies Act of 2008, particularly regarding the preparation and approval of annual financial statements (AFS). Under Section...
CIPC System Update: Resolved Verification Issues
The Companies and Intellectual Property Commission (CIPC) has updated its system, resolving most issues related to customer verification. Customers are encouraged to log in again at https://eservices/cipc.co.za to verify their profiles....
CIPC Notice New Procedures for Updating CIPC Customer Codes
The Companies and Intellectual Property Commission (CIPC) has implemented new procedures for updating customer codes. These changes affect both individual customers and companies. Here’s what accountants need to know to assist...
Unauthorised use of CIPC name, abbreviation and logo
CIPC clients are reminded once again that the use of the words COMPANIES AND INTELLECTUAL PROPERTY COMMISSION, as well as the abbreviation CIPC and the logo of CIPC, is strictly prohibited....
How to file director amendment applications
The detailed step-by-step guides on the enhanced director amendments process are provided on the CIPC website under the heading ‘Companies and Close Corporations’ here. Below are answers to some of the...
Feedback on the multi-factor authentication for director amendments system
In a media statement issued on 8 January 2024, CIPC emphasised that the identity verification and multifactor authentication for director amendments introduced on 4 December 2023 were rigorously tested, and the...
Disparity between registration number and incorporation dates: CIPC Notice 1 of 2024
For companies that applied for registration late last year, the registration number will be for 2023, and the official incorporation date (or registration date) will be 2024. This is because the...
CIPC news December 2023
CIBA is recognised by CIPC and authorised to regulate accounting officers, independent reviewers, and business rescue practitioners. As a stakeholder, CIBA represents members on the CIPC stakeholder liaison committee. We provide...
Holiday season office closure
CIPC will be closed to the public from 10h00 on Friday 22 December 2023 up to and including Monday 1 January 2024. Certain offices will open on Tuesday 2 January. Read...
New beneficial ownership interface
Starting 11 December companies and close corporations need to make sure their beneficial ownership filing is up to date before they can submit their Annual Returns. If the beneficial ownership information...
Registering trade mark rights: a step-by-step guide for SMMEs
A step-by-step trade mark application process for small, medium, and micro enterprises (SMMEs) are detailed in the notice. Once logged in, locate the “Trade Marks” tab on the portal. Click on...
New identity verification and multifactor authentication for directors’ amendments
On 4 December CIPC implemented an identity verification and multifactor authentication system for director amendments. Automated processes are now available to finalise such transactions, making the process more efficient and secure....
