With reference to the Companies Regulations, 2011 and the Companies Act 71 of 2008 indicate what factors are considered in order to determine whether it is necessary for a close corporation to have its annual financial statements audited by an auditor.

Answer rating: 100% (QA)

The King Report on Governance for South Africa 2009King III emphasizes the vital role of an audit committee in ensuring the integrity of financial controls and integrated reporting and identifying and ... View the full answer