Page 24 - Q&A
P. 24

Although there are legitimate reasons for not allowing management
            statements  for  any  12-month  period,  this  approach  can  have  unintended
      BEE   consequences. Management statements for the 12 months of your financial
            period is allowed, and can maybe help speed up the process by not having
            to  wait  for  the  annual  financial  statements.  However,  it  still  remains  limited  to
            the official financial period, which will require companies like yourself to plan
            carefully to ensure that they have the necessary in place in the 12-month period
            which will be used for their verification.






















































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