Marketing an accounting practice is about being seen and building trust. Clients need to know who you are and what you offer. A strong online presence, good networking, and clear communication help your business grow. Simple steps like updating your website, sharing useful tips, and asking for referrals can make a big difference. Consistency is key. Small efforts over time will bring steady results.

Before accepting a new client, a structured risk assessment helps identify financial, compliance, and ethical risks. Verifying identity, checking tax compliance, and reviewing financial stability prevent future issues. Clear payment terms and an engagement letter set expectations, while ongoing monitoring ensures a low-risk, professional relationship. Careful client selection protects your practice and supports long-term success.

The accounting world is changing fast with new rules, advancing technology, and growing client expectations. Being flexible and open to change isn’t just a nice-to-have—it’s key to staying ahead. This article explores how accountants can build adaptability to handle challenges like regulatory updates, embrace tools like cloud software, and meet client needs with confidence. Discover real-life examples and practical tips to help you grow and succeed.

A business plan is more than a document; it is a guide to help your business grow and succeed. It sets clear goals, outlines strategies, and keeps your team focused. Whether starting out or expanding, a solid plan ensures you make informed decisions and attract the right support. Learn how to create a practical business plan that works.

Transitioning to ISQM 1 doesn’t have to be overwhelming. This new quality management standard focuses on tailoring systems to fit your firm’s needs. By taking small, practical steps, you can build a stronger foundation for better engagements and a more trusted practice. Learn how to make the shift smoother and tackle common challenges with ease.

Monitoring and remediation are vital parts of ISQM 1, ensuring your firm stays on track with consistent quality standards. In this article, we discuss how to effectively monitor key performance indicators, address deficiencies through targeted actions, and foster a proactive culture of continuous improvement to strengthen your practice and deliver reliable results.

Managing quality risks is essential for delivering consistent, reliable results in your practice. ISQM 1 introduces a practical approach to identifying and addressing these risks, tailored to your firm's unique needs. This article explores how you can simplify risk assessment and design effective solutions to strengthen your quality management system.

Discover how ISQM 1 provides a structured approach to managing quality in accounting practices. This article simplifies the framework into actionable steps, focusing on quality objectives, risk management, and tailoring strategies to fit your firm’s needs. Elevate your practice with a system that ensures consistent and professional engagements. Read more to see how it works for you.

Working with clients in the legal sector comes with unique responsibilities and challenges. Legal firms operate under strict rules, especially concerning how they handle client funds in trust accounts. While CIBA members are not permitted to perform audits, they play a crucial role in helping legal clients maintain accurate records, stay compliant, and manage finances effectively. Key support areas include trust account management, ensuring compliance with legal practice rules, providing clear financial reporting, managing data security, and assisting with tax compliance. Additionally, adopting technology can enhance efficiency and compliance, helping legal firms streamline operations.

Quality management is important for today’s accounting practices. ISQM 1 provides a flexible, risk-based framework tailored to each practice's needs. This article explores ISQM 1’s key elements, its major updates from ISQC 1, and its connection to ISQM 2 and ISA 220 (Revised). With practical tips on risk assessment, monitoring, and implementation, this guide helps firms enhance their quality management practices for greater consistency and client trust.

In the world of accounting, managing time effectively can feel like a never-ending battle against deadlines and client demands. From SARS and CIPC submissions to tax filings and financial reports, the workload can be overwhelming, especially with hundreds of clients to serve. This article dives into practical, no-nonsense time management strategies tailored specifically for business accountants, offering clear advice on setting priorities, streamlining workflows, and staying organized. With simple tips like automating repetitive tasks, delegating effectively, and learning to set boundaries with clients, accountants can regain control of their schedules, reduce stress, and find a better balance in their busy lives.

B-BBEE compliance plays a key role in helping businesses unlock opportunities in South Africa. In this article, we explain how B-BBEE affects your clients' businesses, focusing on ownership, management control, skills development, and supplier development. Learn how compliance can open doors to new contracts and growth, and why guiding your clients through this process is essential for their success.

Discover the key aspects of business valuations in this comprehensive guide, designed for CIBA members. The article covers when and why you need a valuation, different methods like asset-based and earnings-based valuations, and the impact of market conditions and financial health. It also explains how valuations can be performed as agreed-upon procedures, providing clients with tailored insights without giving formal assurance. Whether you’re assisting clients with buying or selling, mergers, or investment decisions, this guide offers clear, practical insights on conducting business valuations.

Accounting isn’t just about balancing the books—it's about making tough calls when ethical lines get blurred. In this article, we explore real-life ethical dilemmas that accountants face, like handling conflicts of interest, resisting pressure to tweak the numbers, and maintaining confidentiality. Discover practical tips and relatable examples to help navigate these challenges with integrity, making the right choices in your day-to-day work. Read on to find out how to keep your ethical compass steady in the world of accounting.

CPD isn’t just a compliance requirement; it’s a powerful tool for staying updated, learning new skills, and growing your practice. Through CPD, you can enhance your expertise and ensure your practice remains competitive and successful. Discover how CPD can drive your professional development.

Recent updates to the International Code of Ethics for Professional Accountants bring critical changes for every accountant. These changes, including redefining engagement teams, ending the Long Association Rule, and expanding definitions related to Public Interest Entities (PIEs), along with new technology guidelines, are essential for trust in financial reporting. This article explores these updates, helping you navigate the evolving ethical landscape and maintain your professional integrity.

As a Business Accountant in Practice (BAP(SA)) with CIBA, it's important to know how to sign off annual financial statements correctly. This article explains the different ways you can approve these documents, ensuring compliance and professionalism. Dive in to learn the steps for sole practitioners, partnerships, and more, and keep your practice on track. Read the full article to get all the details and make sure you're doing it right.

In a world where integrity often battles deception, how do business accountants in South Africa safeguard their practices? Dive into our latest article where we unravel the crucial interplay between ethical practices and fraud prevention. Learn from recent high-profile cases and discover actionable strategies that can fortify your business against financial malfeasance.

In our challenging economy, more companies are entering business rescue, presenting accountants with opportunities to expand their roles as business rescue practitioners. We look at how accountants can apply their expertise in helping distressed companies like Ellies, West Pack, and AutoZone avoid insolvency, providing both professional growth and a chance to significantly impact the economy.