Disclosure of Director Remuneration – CIPC Notice 38 of 2020
/in SAB&Tips, 2020 /by Natascha DrechselAll companies that are required to have their annual financial statements (AFS) audited and those that have their AFS voluntarily audited in terms of Section 30(2) of the Companies Act 71 of 2008, shall disclose directors’ or prescribed officers’ remuneration and other benefits paid, payable or receivable as per Section 30 (4)(5)(6) of the Act. View PDF
IFRS 16 Lease modifications
/in SAB&Tips, 2020 /by Natascha DrechselThe last few months forced many entities to renegotiate lease terms and review their current lease agreements – the question arises how and when to account for a new lease when the lease terms and/or lease payments have changed, or where it was determined that it is not a new lease but a lease modification.View PDF