CIBA Annual Practice Management Conference 2024 – Day 1 and Day 2 Online

Overview

The Chartered Institute for Business Accountants NPC (CIBA) is hosting our Annual Practice Management Conference (PMC).

This two-day immersive experience conference is designed specifically for accountants and tax practitioners in practice.

Whether you’re ready to unlock new opportunities in your clients’ sectors, want to better steer your client’s accounting cycle as their indispensable business partner or navigate the latest compliance requirements with confidence, this conference is your roadmap to future success.

What you will learn at the CIBA Practice Management Conference

Day 1 is SECTOR FOCUSSED and dives deep into the sectors your clients operate in to understand the latest trends and developments. CIBA has invited sector bodies representing thousands of members to provide insights into their specific member base and economic environment.

You’ll also hear from accounting firms that have successfully leveraged sector knowledge to grow their practices, implement control systems, prepare budgets, and offer assurance.

Discover new ways to support your clients, from financial reporting to tax planning.

The six sectors to be discussed include:

1. 1. Legal Practitioners: Understand the financial planning and compliance challenges faced by law firms and how to manage trust accounts, billing, and cash flow.
   2. Construction: From project-based accounting to managing capital-intensive projects, learn how to support construction companies through budgeting, financial reporting, and tax planning.
   3. Agriculture: Explore how to assist agribusinesses with seasonal cash flow management, compliance with agricultural regulations, and long-term financial sustainability.
   4. Schools: Dive into the world of educational institutions, where accountants are critical for managing budgets, handling funding, and ensuring regulatory compliance.
   5. Medical (Doctors, Physios, Audiologists): Learn how to navigate the financial complexities of medical practices, including healthcare billing, tax planning, and compliance with health sector regulations.
   6. Technology and IT: Tech firms are fast-paced and ever-changing—understand how to assist them with cash flow, R&D tax credits, financial planning, and adapting to rapid growth.

Day 2 is REGULATOR FOCUSSED and is designed to equip you with the knowledge and tools to confidently navigate the complex world of regulatory compliance. CIBA has invited critical regulatory bodies that shape the landscape for accountants and tax practitioners, providing you with practical insights and actionable strategies to support your clients effectively.

Here’s what to expect from the key sessions:

1. Session 1: Navigating CIPC Compliance with Confidence: Get the latest updates on the Companies Act and CIPC requirements, including annual returns, financial statement submissions, and beneficial ownership reporting. Learn how South Africa’s greylisting impacts compliance and how to avoid penalties.
2. Session 2: SME Launch Roadmap: CIBA has partnered with CIPC, SACCI and The Inhlanyelo Hub to introduce SMELaunch, aiming at accelerating SME growth. This initiative enhance the professional practice of accountants. Join us to learn about the initiative and see how you can benefit.
3. Session 3: Roadmap to the National Lotteries Commission’s (NLC) Requirements: Master the financial reporting and audit requirements for NLC-funded organisations. Get practical advice on managing grant funding and adapting to recent regulatory changes.
4. Session 4: SARS (Tax) Essentials: Edward Kieswetter, SARS Commissioner will lead this session. Stay up to date with planned improvements to SARS eFiling and eVAT. Learn best practices for handling tax disputes and how to obtain appointments with SARS. The Commissioner will be followed by Johan Heydenrich, Kreston Tax Director to discuss the role of the modern Tax Practitioner in today’s tax compliance landscape, delve into best practices and preparing clients for audits, and avoiding common compliance pitfalls.
5. Session 5: Panel Discussion – Navigating Anti Money Laundering with the FSCA and FIC: Gain insights into AML regulations and enforcement in South Africa from FSCA and FIC experts. Discover best practices for AML risk assessments, reporting, and collaboration between the public and private sectors.

Information

• • Theme: Regulator Focus and SME Launch
  • Format: Recording of Online Event
  • CPD: 4 Hours/units