Social and Ethics Committees — What Your Clients Don’t Know Could Get Them Into Trouble
Many companies are legally required to appoint a Social and Ethics Committee, yet few fully understand the obligations or risks of non-compliance. This article unpacks the Companies Act requirements, exemption criteria, and the role of Business Accountants in Practice in guiding clients through proper setup, monitoring, and reporting.
Understanding Your Duties as a Director in South Africa
As a director, your decisions shape the success of your company and protect its reputation. Knowing your legal duties under the Companies Act and following good governance practices like those in the King IV Code are essential for compliance and building trust with stakeholders. This article breaks down what you need to know about acting in the best interests of your company, avoiding conflicts, and ensuring responsible leadership.