Integrated and sustainability reporting are no longer fringe ideas reserved for listed giants. They are fast becoming essential tools for every business that wants to remain competitive, resilient, and respected. This article unpacks the difference between the two, explores why they matter, and shows how Chartered Business Accountants in Practice can turn them into high-impact advisory services. From stakeholder trust to strategic storytelling, discover why these reports are where financial insight meets real-world value.

Many accountants treat Section 10 like background noise, until a client changes their accounting treatment halfway through the year, or an old mistake resurfaces just before an audit. This section is not just about policies and paperwork. It’s where your judgement, compliance risk, and credibility collide. Whether you're correcting prior period errors, updating estimates, or defending your position during a SARS review, Section 10 is your foundation. Use it properly, and it becomes a billable tool. Ignore it, and it becomes a liability.

Inventory is one of the most dangerous blind spots in small business accounting. Hidden among spreadsheets, missed stock counts, and inflated valuations lie the seeds of overstated profits, underpaid tax, and audit exposure. For Business Accountants in Practice, ignoring inventory means ignoring a revenue opportunity and risking your client’s financial stability. This article shows you how to clean up the stock chaos, comply with IFRS for SMEs, and turn inventory headaches into a profitable advisory service your clients will gladly pay for.