Audited annual financial statements: Requirement to disclose remuneration and benefits of directors and prescribed officers

The purpose of this notice is to inform companies that are required to have their annual financial statements (AFS) audited and those that have had their AFS voluntarily audited in terms of Section 30 (2) of the Companies Act 71 of 2008, as amended (the Act); that it is mandatory to disclose directors’ or prescribed officers’ remuneration and other benefits paid, payable or receivable as per Section 30 (4)(5)(6) of the Act.

Audited annual financial statements: Requirement to disclose remuneration and benefits of directors and prescribed officers