Company / Corporate / Compliance | Bionic Chartered Accountants

Company Directors Take Note: Complying with Your Duties is a Big Deal

by Bionic Chartered Accounting | Jul 29, 2025 | Company / Corporate / Compliance

“A director must… act in good faith and for a proper purpose; in the best interests of the company; and with the degree of care, skill and diligence that may reasonably be expected…” (Companies Act of 2008) The first Guideline for 2025 issued by the CIPC (Companies...

Beneficial Ownership Registers – Now Mandatory with CIPC Annual Returns

by Bionic Chartered Accounting | Apr 26, 2024 | Company / Corporate / Compliance

“It is imperative that ALL companies and close corporations ensure compliance with the beneficial ownership filing requirements, to ensure good corporate governance and business continuity.” (CIPC) Following changes to the Companies Act on 24 May 2023, company...

Directors: Prepare and Submit Your Company’s Beneficial Ownership Register

by Bionic Chartered Accounting | Jun 28, 2023 | Company / Corporate / Compliance

“The lack of adequate, accurate and up-to-date beneficial ownership information facilitates money laundering and terrorist financing by allowing criminals to hide their true identities, and the true purpose and/or source or use of funds.” (Financial Intelligence...

Where does Fairness Belong in Your Business and Why Should You Care?

by Bionic Chartered Accounting | Apr 28, 2021 | Business, Company / Corporate / Compliance

Many decisions are made on the basis of careful research and considerations about a variety of issues. Not all these deliberations will necessarily turn out to be correct. That in itself does not place question marks over the leadership’s execution of its...

Leadership, Ethics and Governance: The Benefits for Your Business

by Bionic Chartered Accounting | Mar 29, 2021 | Company / Corporate / Compliance

The European (and South African) authorities (refer to governance codes below) opted for a principles-based approach. However, governance cannot be truly effective without the integrity of purpose and actions which drive the ‘tone from the top’ leading to a...

Independent Non-Executive Directors: A Value-Add for Your SME?

by Bionic Chartered Accounting | Jan 28, 2021 | Company / Corporate / Compliance

Many small and medium-sized enterprises (SMEs) are owned and managed by the founder(s), sometimes with the involvement of family members, and in the early stages of the life of a small or medium-sized company there would seem to be little reason or motivation to...