The Company Secretarial & Duties Self-Study Package allows you to gain knowledge on the topic of company secretarial aspects and duties in your own time.

This package includes 6 comprehensive self-study courses providing the learner the opportunity to study this subject at their own pace.

The following self-study courses are included in this package:

Module 1: Companies Act & CIPC

• Accountants may provide services for their clients in terms of the Companies Act
  • Registering companies
  • Amending information
  • Accounting services
  • Compiling financial statements
  • Submitting annual return
  • Keeping statutory documents
• Auditors need to audit the financial statements and the impact of the Companies Act thereon
  • What engagement is required
  • Auditing compliance of the COMPANY
  • Auditing compliance of the AFS
• In all instances, you need to advise your client and if Non-compliance is identified, respond to it Navigating Seamlessly on the CIPC Site
  • Share Certificates
  • Director Changes and amendments
  • Registrations

Module 2: Director’s Duties

• What is a director?
  • Executive and non-executive directors,
  • Prescribed directors
• What makes a good director
• Rights and responsibilities of directors as per the Companies Act
  • Important Companies Act requirements for the business
• The relationship between directors, shareholders and other stakeholders
• The liability of a director
• The board of directors and subcommittees
• Professional Ethics
• Other important legislation that may affect your business
  • POPI
  • Anti-money laundering

Module 3: Company Formations, Shares and Secretarial Duties

• Director vs Shareholder vs Employee
• Obligations, Rights and Responsibilities of Directors and Shareholders
• The future of Close Corporations
• Management of Shares
• Company formation and the MoI
• Company Names
• Meetings and Notices
• Categories of companies
  • Non-Profit Companies
  • Profit Companies
  • Personal Liability Companies
  • State-Owned Companies
  • Public Companies
  • Private Companies

Module 4: Buying a Business VS Buying Shares

• Tax consequences of a sale of business
• Tax consequences of the sale of shares
• Taxation pro’s and con’s of business sale versus share sales
• Other considerations

Module 5: Corporate Restructuring

• Brief overview of the underlying concepts to consider in corporate restructuring:

• Section 41 definitions
• Contributed tax capital
• Coverage of the main provisions from tax legislation dealing with the following transactions (types of transactions, requirements to qualify for certain tax relief):

• Section 44 – Amalgamation transactions
• Section 45 – Intragroup transactions
• Section 46 – Unbundling transactions
• Section 47 – Liquidation and winding up
• Practical issues with corporate restructuring

Module 6: Non-Executive Directors & VAT

• Are you a Non-Executive director?
• When does a NED become liable to register for VAT?
• How must the value of taxable supplies be calculated?
• Where must a person register?
• What documents must be submitted with an application?
• Basic VAT principles
• Time of supply
• Value of supply
• Tax period
• Invoice vs Payment basis
• What input deductions can a NED claim?
• Document requirements Income tax implications
• PAYE and Provisional taxes

All Included:

• Video presented courses
• Downloadable course material
• Certificate of training
• Optional assessments
• SAICA, SAIBA, ACCA, IACSA, IRBA, SAIT Accredited - 24 verifiable CPD hours (4 per session)