then why does THE PPRA request a audit from company owners, even when they score under the poins or has a less than 1 mil turnover. Also what is the period to know when todo the audit? is it every year or every 6 months, how would one know when it's time todo your audit. Like my financial year is feb and August but i've never done a audit on my company as it's almost a year old now.
Hi Coenie, these are all great questions. In your case the PPRA sets their own audit requirements which is in addition to the companies Act. Audits are performed once a year and are linked to the companies financial year. For more information on financial year ends I have made a video on this topic. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lufisCbFNtA.html I hope this has answered your questions.