Guide ZA-Contingent Liability & Guarantees

Published: 03/03/2023

The ZA-Contingent Liabilities & Guarantees form provides information on written guarantees and other contingent liabilities.

By referring to the bank instructions, users will be able to determine what type of accounts they will need to send for the ZA-Contingent Liabilities & Guarantees Form.

Instructions:

Auditor Setup of the ZA-Contingent Liabilities & Guarantees form

The following image provides a detailed description on what is required for the different fields.

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ZA-Contingent Liabilities and Guarantees 1.png

Completed ZA-Contingent Liabilities & Guarantees form

The below image describes what the ZA-Contingent Liabilities & Guarantees form will look like once the bank has completed the form. The image also highlights where the auditor needs to focus on to obtain the information they require to complete their audit.

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