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Companies Amendment Act – changes and impact for companies and auditors?

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The Companies Amendment Act provisions that took effect on 22 May 2026 introduce amendments to section 30 (annual financial statements), sections 30A and 30B (remuneration policies and remuneration reports), and section 166 (alternative dispute resolution) of the Companies Act 71 of 2008.

Overview of the 2024 amendments to the Companies Act

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On 27 December 2024, certain sections proposed in the Companies Amendment Act 16 of 2024 and the entire Companies Second Amendment Act 17 of 2024 became effective. In our publication, Overview of the 2024 amendments to the Companies Act 71 of 2008 for Audit Committees and Financial Management, we provide a summary of the key changes now in effect.

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