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Ensure a Smooth, Accurate and Efficient Audit. Preparing for your BEE audit is essential to ensure your B-BBEE certificate accurately reflects your transformation efforts. Many measured entities invest significant amount of time and resources to transform the company only to achieve a lower BEE level than expected due to audit-related challenges.
Common pitfalls include:
Misalignment among stakeholders on B-BBEE scorecard interpretations, calculations, timelines
Limited understanding of the BEE verification process and Legislation
Inability to provide the required supporting documentation to the BEE verification agent
Missing the verification timelines of a particular BEE verification agency
Failure to the draft audit results against the company forecast and liaising with the verification agent
Transcend has developed and trained a first-of-their-kind bespoke BEE Verification Assistance team. This team is fit-for-purpose for ensuring your audit is as efficient and cost effective as possible, whilst yielding optimal results on the scorecard.
The team is lead by qualified CA(SA)s, whom have spent many years within the audit and BEE environment
The BAVA team consists of numerous CA(SA) and BEE experts alike, that understand: the BEE legislation have robust financial acumen essential to verification as well as extensive auditing experience
We built our audit process using LEAN thinking principles - reducing error, reducing unnecessary steps, saving time and costs and improving interaction with stateholders
The team have built important relationships with critical stakeholders within the industry
