2-Day Business Compliance & Finance Literacy Master Class

Welcome to this essential workshop designed to empower you, the South African Business Owner. Navigating the worlds of compliance and finance can seem daunting, but with the right knowledge, you can build a resilient, sustainable, and legally sound business. This Two-Day Business Compliance & Financial Literacy Master Class will break down complex topics into practical, actionable steps.

“Compliance is not a burden, but an opportunity to build a stronger organization.”

Master Class Content

Day 1: Demystifying South African Business Compliance

Focus: Building a legally sound and secure operational foundation.

Module 1: CIPC & Corporate Governance:

1. Understanding your company registration documents.
2. The importance of filing Annual Returns on time.
3. King V Corporate Governance
4. Addressing Change appropriately
5. The Critical Requirement of Filing Beneficial Ownership Information

Module 2: Mastering SARS Requirements

1. Tax Registration Essentials: PAYE, UIF, SDL, VAT, and Income Tax.
2. Decoding Key Tax Types: A practical guide to Provisional Tax, VAT, and Employees' Tax (PAYE).
3. Selecting the Right Tax Regime: SBC vs. Turnover Tax (TOT)
4. Deadlines that Matter: Creating a Fool-proof Annual SARS Compliance Calendar
5. Corporate Governance and SARS: The Public Officer Mandate

Module 3: Information & Labour Law Fundamentals

1. PAIA & POPIA: What the Promotion of Access to Information Act and the Protection of Personal Information Act mean for your business, your website, and your customers.
2. Basic Conditions of Employment: Understanding employee contracts, leave, and termination procedures.
3. COIDA & UIF: The basics of the Compensation for Occupational Injuries and Diseases Act and the Unemployment Insurance Fund.

Day 2: Building a Financially Resilient Business

Focus: Turning financial data into a strategic asset for growth.

Module 4: Assembling Your Financial Dream Team

1. The difference between a Bookkeeper, Accountant, and Tax Practitioner.
2. When and why to hire each professional service.
3. How to effectively manage your relationship with your accountant for maximum value.

Module 5: Reading the Story of Your Business

1. Financial Literacy 101: Making sense of the Income Statement, Balance Sheet, and Cash Flow Statement.
2. Identifying Key Performance Indicators (KPIs) that truly matter for your business.
3. How banks and investors analyse your financial statements.

Module 6: Proactive Financial Management & Strategy

1. The Art of Budgeting and Cash Flow Forecasting.
2. Effective pricing strategies to ensure profitability.
3. Managing debt and preparing your business for funding applications.
4. Practical tools and software to simplify financial management.