Heynes Kotze Heynes Kotze

Phishing Scams And Fraud:Why Accounting Firms Are In The Crosshairs

Accounting firms aren’t falling for phishing because someone clicked carelessly, they’re being targeted because the job runs on constant pressure. Tight deadlines, broken portals, impatient clients, cash-flow stress, and month-end that never ends create the perfect opening for cybercriminals. Attackers don’t need advanced hacking tools, they simply wait for you to be tired, rushed, or juggling ten things at once. One “urgent instruction,” one “payment release,” one “SARS confirmation,” and the trap is set. Phishing succeeds not through incompetence, but through timing and criminals are exploiting the realities of accounting work with precision.

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Heynes Kotze Heynes Kotze

When Power Becomes Risk: Why Every Accountant Must Understand PEPs

That new client who “knows people in government” might be your biggest compliance risk. Under South Africa’s anti-money-laundering laws, politically exposed persons (PEPs) (and even their families) trigger the toughest checks in the book. Miss one, and your firm could face FIC sanctions that make tax penalties look like pocket change. From cabinet cousins to state-contract CFOs, the line between influence and exposure is thinner than ever. Here’s what every accountant needs to know before saying yes to a powerful client and how to keep your practice off the regulator’s radar.

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Heynes Kotze Heynes Kotze

When Accounting Advice Becomes Legal Advice: Knowing Your Boundaries

📞 “Can I sue him? Do I have to pay this? Is this contract enforceable?”

If you’re an accountant in South Africa, you’ve heard these questions. And maybe — in the heat of a client crisis — you’ve even answered them. But here’s the brutal truth: the second you step from accounting into legal advice, you’re not protecting your client. You’re exposing yourself — to lawsuits, PI insurance refusals, even disciplinary action.

Yes, tax practitioners have a narrow statutory carve-out. But beyond that line? It’s dangerous ground.

👉 Read the full article: When Accounting Advice Becomes Legal Advice.

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Heynes Kotze Heynes Kotze

Fraud Fighters: Why SA Whistleblowers Still Fear Speaking Up

If your client’s bookkeeper blows the whistle tomorrow, are you ready?

Half of all fraud worldwide isn’t caught by auditors, it’s exposed by whistleblowers. In South Africa, speaking up can end careers… or worse.

For CBAPs, that risk isn’t abstract. Weak protections mean fraud scandals quickly land on your desk with reputational damage, compliance fallout, and lost clients.

👉 Read how CIBA is fighting for whistleblower protection and why helping SMEs build safe reporting systems could become your next billable service.

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Heynes Kotze Heynes Kotze

AI Tsunami: Lifeline or Liability for Accountants?

Artificial intelligence is no longer a distant threat to the accounting profession, it’s already here, reshaping how firms operate and how clients expect results. From reconciliations completed in minutes to real-time cash flow forecasts, AI is raising the bar for efficiency. For accountants, this shift is both opportunity and risk. Smaller firms can now access affordable, cloud-based tools once reserved for the Big Four. But without oversight, AI can also expose practices to compliance breaches and reputational damage. The challenge is clear: how do you harness AI responsibly while protecting the trust at the heart of your profession?

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Heynes Kotze Heynes Kotze

From Outbox to Inquiry: The Real Cost of Careless Communication

Think a rushed WhatsApp or late-night email is harmless? Think again. In the high-stakes world of accounting, a single emotional or poorly worded message can trigger client complaints, regulatory inquiries, disciplinary action, or even legal claims. This article exposes the hidden dangers of digital communication, shares real-life consequences, and gives accountants a simple 5-second rule to protect their reputation, clients, and career

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Leana van der Merwe Leana van der Merwe

Time Management Techniques for Accountants in Practice

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.

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