Amended Financial Sector B-BBEE Codes Wockshop

  • Duration: 2 days
Categories:

The purpose of this training is to provide the delegate with enough information on B-BBEE to understand the potential effects of B-BBEE on the economy in general and how the Financial related elements of the B-BBEE scorecard will affect their business specifically. The Intermediate Course is specifically designed to provide comprehensive training on the specific B-BBEE elements and the theoretical scenario testing thereof.

Objectives

  • To present the guidelines to understand the Preferential Procurement Sub-element, Enterprise Development Sub-element, Supplier Development Sub-element and Socio-economic Development Element of the Amended B-BBEE Codes of Good Practice.
  • Training on how to apply the relevant calculations of the Preferential Procurement Sub-scorecard, Enterprise Development Sub-scorecard, Supplier Development Sub-scorecard and Socio-economic Development
  • Theoretical scenario testing to understand the application of the guidelines and applicable calculation relating to applicable elements.
  • To answer any questions posed by the delegates.

Deliverables

  1. Two day interactive presentation facilitated by a BEE Academy Facilitator including the following:

a. General Key Principles aligned to the Amended B-BBEE Codes of Good Practice:

  1. Basic understanding of the B-BBEE Verification Cycle and the significance of the relevant B-BBEE initiatives aligned to the cycle.
  2. How to determine the B-BBEE Recognition Level for a Large Enterprise, Qualifying Small Enterprise and Exempt Micro Enterprise.
  • Understanding of the Priority Elements and the impact of the Discounting Principle.

b. An In-depth understanding of the Preferential Procurement Sub-element in the Amended B-BBEE Codes of Good Practice.

  • The Preferential Procurement theoretical understanding includes:
    • What constitutes as Recognised Supplier Expenditure
    • What constitutes as a valid B-BBEE Certificate or Affidavit
    • Understanding how to calculate the Total Measured Procurement Spend
    • Understanding the importance of Import Substitution Plan
    • Understanding Empowering Supplier criteria
    • What is defined as a Black Owned and Black Woman Owned supplier status and the impact of the Net Value calculation aligned to these status.
  • The Preferential Procurement theoretical scenario testing includes:
    • Calculate Recognised Supplier Expenditure
    • Calculate the Total Measured Procurement Spend

c. An In-depth understanding of the Enterprise Development & Supplier Development Sub-elements and Socio-economic Development Element in the Amended B-BBEE Codes of Good Practice.

  1. The Enterprise Development, Supplier Development and Socio-economic Development theoretical understanding includes:
    • Qualifying Beneficiary criteria
    • Recognisable contribution
    • Impact of the Benefit Factor Matrix
    • Impact of the Industry Norm in calculated each element’s target
  • The Enterprise Development, Supplier Development and Socio-economic Development theoretical scenario testing includes:
    • Classify applicable Beneficiary
    • Identify applicable contribution type and benefit factor
    • Testing the Industry Norm to determine the applicable target

d. Identify the interpretational issues in the B-BBEE industry.

e. Understanding of the required  documentation to support each element claim.

  • Learning Material Pack which consist of the basic principles of the Amended B-BBEE Codes of Good Practice, general explanation and basic calculations.
  • PDF PowerPoint Presentation of the Workshop.
  • Attendance Certificate of the Intermediate Course.

Curriculum is empty

Price

R1,250.00

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