These are financials for Companies (not for profit and for profit companies), close corporations, Incorporated entities (incl. Auditors & Attorneys) and statutory entities

• Companies - Private or Public & for profit and not for profit - These financial have to be prepared based on the Companies Act 2008 as amended and related regulations issued by the Minister which introduced a public interest score as the determinant of whether and Audit, review or compilation is required.

• Close Corporations - Their is no difference between the requirements for Companies and Close Corporations.

• Incorporated Companies - These companies have the same requirements as a normal company however as they are also required to comply with the Attorneys Act and Law society rules or Audit professions Act.

• State owned Companies - These companies are also governed by the Comapnies Act however they also are governed by the Public Finance Management Act, Municipal Finance Management Act and Municipal Systems Act amoung others. These entities are required to use the Generally Recognised Accounting Practice.