Public Interest Score Calculator

Public Interest Score Calculator

A DIY Public Interest Score calculator which will email you a professionally designed certificate detailing your PI Score

 

R115.00

Additional information

Calculating your Companies Public Interest Score with the TAT Calculator:

Public Interest Score is determined on a points system. Points are given for a simple set of structural and financial parameters:

  • Number of employees (or average over a financial year, if this number varies from year to year) – 1 point per employee
  • Third party liabilities – 1 point per R1 million (or portion of)
  • Turnover – 1 point per R1 million (or portion of)
  • Number of shareholders – 1 point per shareholder (irrespective of how many shares they hold individually).

These points are added to calculate your company PIS score. The higher the Public Interest Score, the higher the requirement for public accountability, i.e. regulation and oversight through financial statements review and audit, and, where applicable, social/ethics review. However, these requirements are also subject to whether a company is owner managed or not, and whether financial statements are internally or externally compiled. Review may be required for internal compilations, whereas only compilation is required for an owner managed company with a PIS of less than 350, if financial statements are compiled externally by a registered accountant, in compliance with International Financial Reporting Standards (IFRS). Use our Pi Score Calculator to determine what level of financial accountability reporting you need to submit: compilation, review or audit.

Companies and Intellectual Property Commission Compliance