Can you still use management statements for your BEE verification?
12 October 2020, Marc Naude
My business has automatic Level 4 BEE recognition because our annual turnover is below R10 million. However, a key client... is requiring that we have to have at least a Level 3 BEE certificate meaning I will now have to verify. However, I had no planning in place to be able to do so in my previous financial year and I cannot wait until the current financial year is over. I was wondering whether I could use management statements for my verification if I can get the necessary planning measures in place?