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Accounting Officers

 Accounting Officers

All Close Companies are required to appoint an Accounting Officer who is a member of the Botswana Institute of Chartered Accountants (BICA), and their duties are:

  • Keeping the company’s books and financial records and preparing its financial statements.
  • Determine whether the annual financial statements are in agreement with the accounting records   of the close company.
  • Review the appropriateness of the accounting policies represented to the accounting officer as having been applied in the preparation of the annual financial statements.
A kind reminder: depositing P500 into the CIPA Bank Account or paying P500 at CIPA offices is only one half of the annual return process. You must also file the annual return online before the deadline to avoid removal from the register. Email info@cipa.co.bw for assistance.
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