Shielding Your Business: How Section 34A Can Hold Companies Accountable for Corruption

With the introduction of Section 34A of the Prevention and Combating of Corrupt Activities Act (PRECCA) , businesses are now directly responsible for corruption linked to their employees and contractors—unless they can prove they've taken adequate preventive measures. We look at the key obligations under Sections 34 and 34A, what it means for businesses, and provide practical tips for accountants to help clients stay compliant.