Public Interest Score Calculator

PKFVGA

Audit & Assurance

Public Interest Score Calculator

Work out your company's public interest score and see whether the Companies Act requires a statutory audit or an independent review.

Basic Information

Type of entity

How were the financial statements compiled?

Public Interest Score Factors

The average number of employees of the company during the financial year 0 pts

The total third party liability of the company at the financial year end 0 pts

Total turnover for the financial year 0 pts

Total number of individuals with a direct or indirect beneficial interest in the company (shareholders for companies with shares / members for non-profit companies) 0 pts

Public interest scoreEmployees + liability + turnover + beneficial interests 0

Other Factors

Does the Memorandum of Incorporation require the company to be audited?

No Yes

Did the company hold assets in a fiduciary capacity greater than R5 million for an unrelated party at any stage during the year?

No Yes

Is the company owner-managed (all shareholders are directors)?

No Yes

Outcome

Statutory audit — Companies Act

Not required

No statutory audit triggers were met.

Independent review

Not required

The company is owner-managed.

Complete the form below and one of our partners will contact you to confirm your result and discuss your statutory requirements in more detail.

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A partner at PKF VGA will be in touch shortly to confirm your statutory audit or independent review requirements.

This calculator is an indicative guide based on the Companies Act 71 of 2008 and the Companies Regulations, 2011. It is not a definitive legal determination — PKF VGA will confirm your statutory audit or independent review requirements.

Do you need an audit or review?