The South African Institute for Business Accountants simplified the lives of accountants yet again in 2021. New products, easier ways to manage practices and a strong community that accounting professionals can depend on. The year ahead is set to bring more value and ease of access to all SAIBA members. Here is a quick peek […]
Despite the upbeat outlook, accounting firms still face challenges in employee recruitment and retention. A shortage of skilled professionals is allowing the best candidates to receive multiple job offers and the ability to command top salaries. Here are trends that you need to look out for in the next year: Making flexibility part of the […]
Fraud risk has surged during the COVID-19 pandemic as businesses shifted to an online model. In this article, CPA Dawn Brolin explains the emerging risks and how accountants can practice cyber wellness to stop cyber fraud. Read more here.
With the arrival of the year 2022, the world has witnessed many changes. Although these variations were not as exceptional as what was expected by most of us, yet the alteration in the technological world has started the beginning of a new futuristic world. We are currently seeing an upsurge in technological advancements and automated […]
Technology and staffing issues have changed dramatically over the last two years. So, what can firms expect when it comes to hiring and staff management in 2022 and beyond? Vaco, a global talent solutions firm that provides consulting, contract and direct hire solutions in the areas of accounting and finance, technology and operations, has noted […]
Accountants dealing with cryptocurrency are faced with a challenge – no standards are set to account for cryptocurrency as it differs from cash(currency). What standards can you apply when it comes to cryptocurrency? Read more here.
The not so long legalization of cannabis has paved the way for a new industry to develop, and it is doing so at an alarming rate. The move from the black market means that auditors and accountants can seize the opportunity to serve the industry. But, that comes with some challenges. Read more here.
The Future of Accounting Relies on Brand Building, here are tips that you can follow to help build and define your brand: Take the Time to Define Your Brand Create a Target Audience Embrace Digital and Traditional Marketing Set Realistic Goals and Watch The Right KPIs Read more.
Accounting firms, like just about every other business and industry today, are feeling the negative impact of COVID-19. A few lessons are emerging from the crisis that may help Accounting firms, their team members and their clients change behaviours and create some new perspectives. Here are observations that may help you think differently about business. […]
33% of accounting firms reported they anticipated adding new services like financial advisory, cash flow and risk advisory in the next year. The 4 changes that accountants have to adopt are: 1. Adaptability 2. Better communication 3. Flexible work environment 4. Expanded services Read more