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Company Law Amendments for Bookkeepers and Accountants

August2020 Recent company law amendments explained.

R 475
Category Law
Accredited SAIBA
CPD Hours 2
Effort 2 Hours
Duration 2 Hours
Format Webinar
Level Moderate
Assessment Yes
Supervised No
Pre-Entry No
Tuition Mandatory
Study Material No

What you will learn

By the end of this event the participant should: 

  • Understand the purpose of the Companies Act, 2008; 
  • Know key proposed amendments and when they will take effect; 
  • Be aware of recent amendments that are already in effect; 
  • Understand how the amendments affect the bookkeeper/accountant's work; and  
  • Understand how to practically apply these amendments.  

Study Units

Introduction to the Companies Act, 2008.

Amendments - Session 1

  • Section 16 – Amending Memorandum of Incorporation;
  • section 25 – Location of company records;
  • section 26 – Access to company records, and
  • Section 30 – Duty to prepare a directors’ remuneration report.

Amendments - Session 2

  • Section 33 – Annual returns;
  • Section 38 – Validation of irregular creation, allotment or issuing of shares
  • Section 45 – Loans or other financial assistance to directors and group of companies;
  • Section 48 – Share buy-backs;
  • Section 90 – Appointment of Auditors, and
  • Section 118 - Application of the Takeover Regulations to private companies.

Requirements

  1. There are no preconditions for this course.   
  2. Moderate level. 
  3. Recorded webinar made available on a specified date

Description

The Companies Act, 2008 provides for the incorporation, registration, organisation, management and capitalisation of companies. It also defines the relationships between companies and their shareholders and directors/members.   

It is vital that everyone who is in the accounting field understands and can practically apply the Act's provisions in their daily duties. Furthermore, every practitioner should be fully aware of proposed amendments that will take effect soon, and also recently passed amendments. 

The purpose of this webinar is not to discuss all the legal provisions of the Act but to highlight the parts of the Act that affect the bookkeeper/accountant's day to day roles. To discuss recent amendments and their effect on your work. 

PRICE         

The following pricing apply: 

  • Ad hoc: R475.00  
  • Subscription: Included for free for Bookkeepers Subscriptions.

DATE

This webinar will be available from 15 Aug 2020. 

PRESENTER

Russel Ngobeni 

Russel is a registered Business Accountant in Practice through the Southern Institute for Business Accountants (SAIBA), and a registered Tax practitioner through the South African Institute of Tax Practitioners (SAIT). He holds a Bachelor of Accounting Science degree from the University of South Africa and a National Diploma in Financial Information Systems from Tshwane University of Technology. 

Russel is the founder of Shinyawani Group of Companies (Pty) Ltd.  He has won various entrepreneurial awards in the province of the Free State.  

WHO SHOULD ATTEND?

  1. Business Accountants in Practice (SA)
  2. Business Accountants (SA)
  3. Accounting officers
  4. Accounting department staff  

ADDITIONAL MATERIAL

By attending this webinar, you will be provided with:  

  • Summarised slide presentation 
  • Reference documents and / or course material where available 
  • Access to a technical knowledge base

WHICH SUBSCRIPTION? 

This event is included in the following subscription packages. If you are not a subscriber, you need to purchase as a stand-alone event. 

Accountant in Practice:No 

Accountant in Practice plus tax: No 

Bookkeeper: Yes

Quickupdate: No

IFRS for SME's: No

HOW TO SUBSCRIBE?

Subscribers pay less for their CPD points. SAIBA offers 4 subscription packages that provides access to everything to run a successful accounting and tax practice. Pay a small monthly amount and gain access to monthly webinars covering ethics, financials, reporting, audit and assurance, working papers, law, technology, management topics, and tax. 

Click here to choose your subscription option.