Cybersecurity threats are a growing risk for accountants, especially those handling sensitive client data stored on office servers and devices. With cyberattacks targeting businesses of all sizes, a single weak password or unlocked file cabinet can lead to serious consequences. This article highlights practical, simple steps to protect client data, such as strong passwords, encryption, limited access, and regular security checks, helping CIBA members ensure data security while maintaining client trust.

Cyber attacks are a growing threat to businesses across South Africa, affecting companies of all sizes. From ransomware that locks your systems to phishing scams that trick employees into handing over sensitive information, the consequences can be severe—financial loss, operational downtime, and damage to your reputation. With high-profile attacks on companies like City Power and Life Healthcare, it's clear that no business is immune. The good news? There are practical steps you can take to protect your business, such as employee training, strong password policies, and regular software updates. Don’t wait until it's too late—fortify your defenses today.

Artificial intelligence (AI) has revolutionised accounting, taking over mundane tasks and uncovering powerful insights like a tireless assistant that never stops working. While it provides many benefits, it also brings challenges that require careful attention. Its rapid expansion poses both opportunities and risks when providing accounting and assurance services. This article explores these changes and underscores the importance of human expertise in this evolving field.

Digital payments are changing the way South Africans do business, making transactions faster, safer, and more convenient. From mobile wallets and QR codes to instant EFTs and contactless payments, this guide dives into the technologies and trends shaping the future of payments in South Africa. Discover how local fintech innovations are driving a shift towards a cashless economy, the latest strategies for finance professionals, and tips on keeping your business ahead of the curve. Whether you’re a seasoned finance leader or just curious about the future of payments, this article will equip you with practical insights to navigate the evolving digital landscape with confidence. Dive in to learn how to leverage these opportunities and stay competitive in today’s fast-paced world.

Have you ever worried about sending money to the wrong place online? A recent court case, Edward Nathan Sonnenberg Inc v Hawarden, shows just how easily this can happen when cybercriminals get involved. The story and its lessons are a must-read for anyone who uses email to make payments. Learn some simple ways to keep your money safe. Check out the full article.

As we face rising cybersecurity threats like phishing, ransomware, and data breaches there is an increased need to plan responses, focusing on security measures including effective use of passwords, staff education, encryption and many more. In this article we provide the steps to a clear incident response plan to ensure preparedness when facing a security incident.

Six Excel functions that make a big difference for accountants by offering ways to simplify their work and improve precision. It covers everything from the straightforward summing power of =SUMIF(S), to the efficient searching capabilities of XLOOKUP, which helps users find exactly what they're looking for without hassle. Learn how to use these tools to make your accounting tasks easier, quicker, and more dependable, turning Excel into a crucial component of your accounting work.

Explore how ChatGPT, an AI chatbot created by OpenAI, can transform how accountants use Excel.

Small and medium-sized businesses (SMBs) face rising cyber threats, with 48% falling victim in the past year alone. Discover how to defend against phishing, malware, and software vulnerabilities. Learn to prioritise protection, manage risks effectively, and avoid common mistakes. Strengthen your cyber defence and safeguard your business in today's digital landscape.

Discover the global landscape of GenAI in financial reporting, emphasising ethics and diverse adoption pathways, influencing accounting practices worldwide.

AI will destroy more jobs than it creates according to expert Dean Furman. Leaving a smaller group of those who benefit and those who lose out. Preparation will be key. 

Tax practitioners know they need to use accounting software, but what is the right level for you? We asked Ettean Smit, the director at SmartPractice, for some advice. 

In a recent press release, Gartner announced its first hype cycle for new financial technologies, focusing on the three technologies that it believes will have the biggest influence on finance functions over the next five years.

Any software installation can look like a daunting task. At the end of the day, data setup is key, it always has been for the successful implementation of any software.

We asked an expert to break down what artificial intelligence means and to talk us through the challenges it creates for CFOs.  

From 16 September 2022 SARS will no longer require you to submit the Supplementary Declaration for Companies or Close Corporations (IT14SD) when identified for a verification. The requirement to submit an IT14SD when a verification case is created will be replaced by a letter requesting specific relevant documents based on the reason for verification.