Do I Need Annual Financial Statements? 📑
If you own a company in South Africa, there’s a question that surfaces every year around financial year-end: “Do I actually need annual financial statements — and do they have to be audited?” 🤔 It’s a question with real money attached, because an audit can cost many times more than a basic compilation. Get the […]
CIPC Ongoing Digitisation
CIPC Ongoing digitisation is not just a buzzword anymore — it’s actively reshaping how compliance works in South Africa. And importantly: this is not a single update. It’s part of a broader, deliberate shift toward automation, stricter enforcement, and less tolerance for sloppy compliance. 🚨 What’s actually confirmed (fact check) From official CIPC communication: Automation […]
What Is Public Interest Score and How to Calculate It?
In South Africa, understanding what is public interest score is critical for ensuring your company complies with the Companies Act, 2008. This score determines the level of financial reporting, governance, and audit requirements for companies and close corporations. This helps the Companies and Intellectual Property Commission (CIPC) assess the degree of a company’s public impact. […]
