Accounting Officer
Quick Answer
What is Accounting Officer?
An accounting officer is the independent professional a close corporation appoints to oversee its accounting.
Accounting Officer explained
CCs must appoint one (from a recognised professional body); companies need auditors or independent compilers only at certain public-interest scores.
Who it applies to: Close corporations.
Cost: Professional fees.
Related terms and guides
Official source: CIPC (Companies and Intellectual Property Commission)
Always verify this information with official South African government sources. Rules, fees and thresholds change. Check SARS, CIPC, the Department of Employment and Labour or gov.za before you act.
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Last reviewed: September 2026 by the BizAnswers editorial team. How we write and check our guides.