General Disclaimers

Every effort is made to ensure that the content of this guide is correct and aligned with legislation as at the date of drafting and publishing. This guide is given as guidance to members and associates of The South African Institute of Chartered Accountants (“SAICA”) purely to assist them with the subject matter of this guide, however, SAICA does not warrant that this guide deals with every aspect relating to the subject matter. SAICA shall have no liability to any members, associates and/or any third party for any claim of any nature whatsoever which may arise out of the use of and/or reliance on the contents of this guide. Members, associates and/or any third parties hereby waive any rights to any claim of any nature whatsoever which may arise out of the use of and/or reliance on this guide, and further indemnify SAICA against any claim of any nature whatsoever. Members and associates should keep abreast of legislative developments, related guidance issued by regulators and any case law relevant to the subject matter. If there is any conflict between the contents of this guide and the aforementioned legislative developments, related guidance issued by regulators and any relevant case law, members and associates must comply with the latter.

Whilst every effort is made to ensure that the content of this technical resource is correct as at the date of this document, this technical resource is given purely to assist members and associates of The South African Institute of Chartered Accountants NPO (“SAICA”) with the subject matter, however, SAICA does not warrant that this technical resource deals with every aspect relating to the subject matter. This technical resource does not constitute professional advice and should not be used, relied on and/or disseminated to any third party, for such purposes. SAICA shall have no liability to any members, associates and/or any third party for any claim of any nature whatsoever which may arise out of the use of and/or reliance on the contents of this technical resource. Members, associates and/or any third party hereby waive any rights to any claim of any nature whatsoever which may arise out of the use of and/or reliance on this technical resource, and further indemnifies SAICA against any such claim of any nature whatsoever. Members, associates and third parties should keep abreast of all standards (international and local), related guidance issued by regulators, statutory bodies, professional bodies, enactments of any governmental authorities and any equivalents, legislative developments and regulations (collectively “Authority”), relevant and/or applicable to the subject matter. If there is any conflict between the contents of this technical resource and the aforementioned Authority, members, associates and/or any third parties must comply with the latter.

Any information provided or any views, opinions and comments (collectively the “Opinions”), expressed in this interalia, webcast, presentation, audio, video and/or on this platform (collectively the “Webcast”), or contained in any presentation notes, handouts and/or slides (“Notes”), are those of the speakers, presenters, authors and/or attendees, and do not reflect or represent the Opinions held by the South African Institute of Chartered Accountants NPO (“SAICA”). Where a SAICA employee is presenting for and on behalf of SAICA, you will be notified accordingly. This Webcast is broadcasted, streamed, available on demand and/or provided to members, associates, attendees and/or any third party to facilitate discussions, raise awareness and/or provide additional information on the subject matter. Any information and/or Opinions contained in this Webcast or in any Notes do not constitute professional advice and should not be used or disseminated to any third party for such purposes.

Whilst every effort has been made to ensure the accuracy of any information contained in this Webcast and/or in any Notes, SAICA does not guarantee the accuracy of same and shall have no liability to any member, associate, attendee and/or any third party for any claim of any nature whatsoever, which may arise as a result of the reliance on or use of any information and/or Opinions contained in this Webcast or in any Notes. By accessing, viewing and/or participating in this Webcast, members, associates, attendees and third parties hereby waive any rights to any claim of any nature whatsoever, which may arise out of the reliance on, or use of any information and/or Opinions contained in this Webcast or in any Notes, and further indemnifies SAICA against any claim of any nature whatsoever.

THE SOUTH AFRICAN INSTITUTE OF CHARTERED ACCOUNTANTS (“SAICA”)

Copyright of this material rests with SAICA and/or the authors, no part of this copyright material or any part thereof, may be duplicated, reproduced, either electronically, photocopied, scanned, typed, hand-written, altered, or in any other means whatsoever without the prior written permission of SAICA or the author as the case may be.

Apart from the extent reasonably necessary for the purposes of research, private study, personal or private use, criticism, review or the reporting of current events, as permitted in terms of the Copyright Act (No. 98 of 1978), no portion may be reproduced by any process without written permission.