Tag Archives: AUE4861

Companies Act – Director and shareholder resolutions: Below is a summary of the requirements for director and shareholder resolutions. Watch the video for a detailed explanation and for guidance on the example.   Directors Shareholders Notice As set out in MOI 10 days (Pty) Ltd & 15 days Ltd Quorum Majority directors present At least 25% […]

Initial audit approach During the planning stage of the audit, the auditor performs risk assessment procedures in order to understand the entity, it’s environment and internal control. With this understanding the auditor is able to identify risks of material misstatement. These are risks that could affect the fair presentation of the balances and class of […]

Initial audit approach During the planning stage of the audit, the auditor performs risk assessment procedures in order to understand the entity, it’s environment and internal control. With this understanding the auditor is able to identify risks of material misstatement. These are risks that could affect the fair presentation of the balances and class of […]

Section 100.1 of the Code of Professional Conduct (CPC) states that “a distinguishing mark of the accounting profession is its acceptance of the responsibility to act in the public interest”. Compliance with the CPC will ensure this and therefore all chartered accountants and aspiring chartered accountants should observe and comply with the CPC. The CPC […]