- Public Interest Score (PIS)
Public Interest Score (PIS)
What is a Public Interest Score (PIS)?
A Public Interest Score is a numerical score used in South Africa to determine a company’s reporting and assurance requirements, based on factors like employees, turnover, third‑party liabilities, and the number of shareholders.
Think of it like this…
It’s a points system that decides how much external oversight your company needs.
Why does PIS matter?
- Indicates whether your company needs an independent review or a full audit
- Influences whether you must appoint additional governance structures
- Helps right‑size compliance as your business grows
Where is PIS used?
PIS thresholds appear in the Companies Regulations and guide the assurance requirements for private companies and NPCs.
Example
A small company with a low PIS may only need an independent review, while a higher PIS could trigger a statutory audit.