We perform a complete evaluation of an entity’s BBBEE compliance in respect of the Codes of Good Practice and the Broad Based Black Economic Empowerment Act 53 of 2003, the verification of data provided in support of the B-BBEE achievements.
Upon completion we issue a verification certificate confirming compliance and overall achievement.
Our B-BBEE verification process
Our professional, highly trained consultants guide clients expertly and efficiently through the verification and certification process. Each client receives a high level of attention to make sure their company receives the highest B-BBEE rating they can qualify for.
| Step | Process | Duration |
|---|---|---|
| 1 | We receive the completed application for B-BBEE Services form. We evaluate the information presented and calculate a verification fee. We compile a verification proposal, together with Terms of Engagement for acceptance. This offer is valid for 30 days. |
2 days |
| 2 | Client signs Terms of Engagement indicating acceptance (within 30 days). | 1 – 30 days |
| 3 | We send a client information pack, the pre-audit information request together with the invoice. | 1 day |
| 4 | Client completes and submits the pre-audit information request together with requested evidence. | 14 days |
| 5 | We complete a document review of the information, initiate the audit plan and compile a preliminary scorecard. | 14 days |
| 6 | We mutually agree to a date for on-site verification, inform the client of samples selected for verification and schedule of any additional information required.On-site visit takes place. | 7 – 14 days |
| 7 | We review and issue the verification certificate. Complaints and appeals. |
7 – 14 days |