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INSIDE YOUR BUSINESS - CIPC red flags widespread non-compliance with the solvency and liquidity test.

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Manage episode 516389506 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
How many South African companies are unknowingly trading under insolvent circumstances and what does that mean for directors, accountants, and auditors? We unpack the CIPC’s latest compliance data that reveals alarmingly high levels of non-compliance with the solvency and liquidity test under the Companies Act.
Joey Mathekga, Senior Manager for Corporate Compliance and Disclosure Regulation at the Companies and Intellectual Property Commission (CIPC), explains what the solvency and liquidity test actually entails, why so many businesses are falling short, and the real consequences from compliance notices to personal liability for directors. Kaya FM
  continue reading

174 episodes

Artwork
iconShare
 
Manage episode 516389506 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
How many South African companies are unknowingly trading under insolvent circumstances and what does that mean for directors, accountants, and auditors? We unpack the CIPC’s latest compliance data that reveals alarmingly high levels of non-compliance with the solvency and liquidity test under the Companies Act.
Joey Mathekga, Senior Manager for Corporate Compliance and Disclosure Regulation at the Companies and Intellectual Property Commission (CIPC), explains what the solvency and liquidity test actually entails, why so many businesses are falling short, and the real consequences from compliance notices to personal liability for directors. Kaya FM
  continue reading

174 episodes

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