If the dormant CC is not subject to a mandatory audit. Thus, you do not need to submit AFS, but you must submit FAS.
Disclaimer:
Please note that the information provided does not constitute legal or professional advice, but rather the applicability of existing theory to a given practical situation. Due care is taken to ensure that the information is correct, but it remains subjective and an interpretation of application of information.
How to earn a designation
Jobs you can do with a designation
SAIBA membership only
Business Accountant (SA)
Certified Business Accountant (SA)
Certified Financial Officer (SA)
Business Accountant in Practice (SA)
Annual Practice Licence
Annual Ethics Licence
Tax practitioner
Independent review
Business Rescue
Immigration
IFRS
IFRS for SME
Audit working papers
Non-profit entities
Virtual CFO
COVID-19 SA Portal
Officially recognised
International mobility
Employability
Newsletter
Networking
Rewarding Ethics
Financial statement preparation
Accounting software
Professional development
Practice support
Practice support library
Advisory and audit services
Risk Mitigation
Franchising
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Practice management software
Client onboarding
