The following are some comments on the contents of the Draft amended Verification Manual (“the new manual” or “VM”) that was gazetted the 6th November 2015:

• The Measurement Period in the new manual refers to 12 consecutive calendar months. If the financial period is amended then the
company may elect to use financial information for:
o The 12 months ending on the last day of the amended financial period, or
o The amended financial period, irrespective of the number of months it may include.

When determining if the company is an EME, QSE or Generic Enterprise, the financial information must be……(Click here to read further)