Risk: The Threat You Can’t Afford to Ignore, But Can Get Paid to Solve
Missed SARS deadlines, dodgy invoices, outdated systems... these risks cost your clients more than they realise. The good news? You’re already in the perfect position to help. In this article we show you how to transform everyday oversight into a powerful (and profitable) advisory service. Turn risks into revenue: learn why clients will pay you to spot trouble before it starts! Read below + download our risk register template from our webinar!
Accounting Practices as Accountable Institutions: Building an RMCP and Applying a Risk-Based Approach
When an accounting practice is registered with the Financial Intelligence Centre (FIC), it plays a crucial role in safeguarding the financial system against money laundering, terrorist financing, and other financial crimes. This article explains the responsibilities of implementing a risk based approach with practical guidance on the specific risks accountants may encounter.
Introduction to ISQM 1: What It Is and Why It Matters
Quality management is important for today’s accounting practices. ISQM 1 provides a flexible, risk-based framework tailored to each practice's needs. This article explores ISQM 1’s key elements, its major updates from ISQC 1, and its connection to ISQM 2 and ISA 220 (Revised). With practical tips on risk assessment, monitoring, and implementation, this guide helps firms enhance their quality management practices for greater consistency and client trust.