"Recognising and rewarding ethical accountants"

Draftworx Financials Statements & Working Papers

The official CIBA partner for the automation of financial statement preparation with supporting working papers.

Draftworx features: Save time by preparing financial statement that are compliant with IFRS standards or cash basis of accounting. Issue compilation, agreed-upon-procedures, reviews, and audit reports easily with all the evidence as required by engagement standards.

It’s easier to use than Excel and automatically updates to the latest standards.

Draftworx is quick to learn, easy to use and includes the following templates, IFRS, IFRS for SME's, Compilations, Independent Review and Audit from Sole Proprietors to JSE listed companies.

Reward: Up to 10% discount for CIBA members who are new to Draftworx, with full integration into all Sage Pastel, Quickbooks & Xero accounting products, PLUS R500 donated to the CIBA Empowerment Fund for African Accountants (EFAA).

Quickbooks accounting software

he official CIBA partner that manages your firm and your clients' bookkeeping and accounting needs all in one place.

QuickBooks features: Accounting software, Invoicing, Payroll, Expenses, Bank account feeds, Time tracking, Mobile apps, Payments, Mileage tracking, and much more.

Quickbooks has developed specific tools to assist accountants. Quickbooks Accountant features include:

• Manage workflows effortlessly - Track clients and projects from start to finish and let nothing fall through the cracks.
• Practice management: Manage your workflow and stay connected with multiple clients in one place.
• Tools for growth: Take your business to the next level with tailored advice and marketing support.

Reward: Up to xxx% discount for CIBA members who are new to QuickBooks

Providing CPD to CIBA members

The official CIBA partner that provides CPD products, records, certificates and licensing to CIBA members.

CIBA Academy features: Online CPD events for aspiring accountants, qualified accountants, specialising accountants and finance executives.

CPD options include affordable subscription model that allows for small monthly payments and access to 100s of CPD hours on technical update topics.

Reward: CPD is offered at cost to CIBA members.

CIBA Technical Support

The official technical support platform for CIBA members.

1. Legal helpline: CIBA members based in South Africa have access to a Legal Helpline, provided by LegalSense:

   • Option 1: Free service: All areas of personal law are covered for whenever you have a legal enquiry. The free service is limited to a phone in service only.
   • Option 2: Members can opt-in for the comprehensive subscription based service, directly with LegalSense. The paid service includes labour representation, drafting of contracts, and debt collection.

   Reward:Option 1: Free. Option 2: From R540 per month.

2. CIBA Tax and VAT helpline: CIBA members based in South Africa and Namibia have access to a Tax and VAT Helpline, provided by SAIT. This service is limited to CIBA members that have obtained the CIBA specialist license in Tax, and is telephone advice only. It offers:

   • Advice: Expert, practical advice on South African and Namibian tax and VAT issues and trends.
   • Areas: Areas covered include income and corporate tax, CGT, PAYE, and VAT matters, as well as advice and guidance on dealing with investigations.

   Reward: Access to a tax helpline at no cost but only for CIBA license holders

3. Member WhatsApp Groups: Members can join CIBA’s regional membership WhatsApp groups. These are unpaid volunteer groups that are always on hand to act as a listening ear and offer free non-judgmental assistance whenever you need it.

   Reward: Access to a member helpline at no cost but only for CIBA designation holders

4. QuickUpdate: Access a technical knowledge base with support provided by an expert presenter. This includes a monthly online webinar covering specific updates, amendments or new developments in tax, accounting, company law, labour law, ethics and assurance standards.

   This is a monthly subscription based service offered by CIBA Academy.

   Reward: Monthly CPD subscription is offered at cost to CIBA members

5. Help sheets and guidance: Access technical help sheets, ethical guidance and practice resources by topic from CIBA's Technical Advisory Service.

   Reward: Monthly CPD subscription is offered at cost to CIBA members

6. Technical direction: CIBA members based in South Africa and Namibia may request technical guidance to navigate them in the right direction.

   • Technical queries are complex and unique to circumstances.
   • We can however assist you in identifying the likely route that may lead to an answer.
   • Responses are in the form of a conversation between two individuals in their quest for clarity and are therefore not to be confused with legal opinions, legal arguments, or relied on for accuracy or relevance.

   Reward: Free technical guidance for CIBA designation holders

Mazars advisory services

The official CIBA Strategic Alliance appointment that provides advisory and assurance support services to CIBA members.

Features: Mazars is an international, integrated and independent firm, specialising in audit, accountancy, advisory, tax and legal services.

Mazars and CIBA have developed specific pathways to assist CIBA members in obtaining advanced accountancy services for all types of clients, including large corporates, significantly expanding accessibility and the market share for CIBA members:

• Audit: Mazars is a registered audit firm with the IRBA.
• BBBEE advisory: Mazars can perform BBBEE compliance and advisory services.
• Advance tax planning: Mazars has access to a number of international and local experts to perform advance tax planning services.
• Business Rescue: Mazars can perform a complete business rescue process.

The pathways include a structure that allows the CIBA member to perform support or preparation services for the client, whilst the advanced services are offered by Mazars. CIBA regulates the relationship so as to ensure and protect the integrity of the client relationship.

Reward: Empowered to provide support services to medium and large companies with access to a new pool of fees.

Member Mentorship Scheme

Our team of unpaid volunteer support members are always on hand to act as a listening ear and offer free non-judgmental assistance whenever you need it.

This is a call-in service for all members. 

Reward: Confidential conversations with experienced accountants that understands what you are going through.

PI Financial Risk Services

The official CIBA partner that provides professional indemnity cover for members in practice.

Features: PIFRS is a specialist brokerage for PI Insurance:

• PI: Covers some of your legal costs in defending you, as well as an agreed amount of any damages you may have to pay as compensation for any actual or alleged negligence or breach of professional duty
• Summary of cover: Professional liability, Public liability. Sub-contracted duties, Employee dishonesty, Loss of documents, Claims preparation costs, Defamation, Statutory defence, and Wrongful arrest.
• Insurer:The PI programme is insured through Mutual & Federal Risk Financing Ltd a subsidiary of Old Mutual Insure. The Underwriting Managers are Liability Matters (Pty) Ltd.
• Support: Legal Risk Management Services via a legal team under the management of PIFRS. Obtain day-to-day legal advice and contract vetting so as to prevent and mitigate potential problems.

Cover is dependent on members completing an insurance questionnaire available in their online membership profiles, and having read and accepted the policy wording.

R5 million full indemnity for BAP(SA) only. Other designation holders (BA(SA), CBA(SA), CFO(SA) can apply for individual cover should they require PI.

Reward: R5 million indemnity for BAP(SA) only at a cost to CIBA of R300 per BAP(SA) per year, plus limited additional cover.

Buy a Tax Shop Franchise

The official CIBA partner that provides franchise opportunities to CIBA members establishing successful accounting and tax practices.

Features: The TaxShop offers the following in a nutshell:

• Network: the first and are now the largest accounting and tax franchise in SA with 70 outlets operating in Southern Africa.
• Franchising opportunity: for bookkeepers, accountants, auditors, tax and related practitioners who want to start a new practice or expand their existing practice(s).
• Branding: accounting franchise brand with access to professional support, proven practice models, cutting-edge software and applications.
• Marketing: latest marketing strategies and marketing campaigns to help set up and expand your franchise.
• Franchise licence fee: Lumpsum payable upfront as well as % of Turnover.

Reward: Easily setup your own firm with no experience but with full support – for all types of designations: BA(SA), CBA(SA), CFO(SA) or BAP(SA).

Smart engagement letters that gets you paid

The official CIBA Proposal-to-Paid platform that streamlines accounting and tax service proposals, with automatically generated engagement letters and fee collection.

Practice Ignition eliminates friction by sending your clients a single smart proposal and engagement letters they can read, sign and pay in one place. That's more closed deals for you and less back and forth for everyone.

Features: Automated engagements that saves you time and helps you sell more services:

• One click engagement letters: Click to add services and pricing from your library, automatically include your terms of service, and set your payment terms.
• Automatic collections: Payment processing is built in, you can require bank or credit card details before your client can sign and never chase a payment again.
• Automatic follow-ups: Set some automated follow ups so that you can forget about the proposal until it's signed.
• Automatic notifications: Get notified the second your client opens a proposal.
• Automatic integration of invoices: Invoices are created in your account software and marked as paid automatically. No more double and triple checking that everyone has paid.
• Dashboards: When you send a proposal or get paid, you get automated dashboards and forecasts.
• Smart marketing: Embed PDF brochure that includes testimonials and results, your process, a visual project road map, or videos in your client proposal.

Reward:For every package you buy, up to R3000 is donated to the CIBA Development Fund for African Accountants (DFAA)

Practice management and document software

Software that helps manage your client workflow.

SmartPractice: helps you manage and monitor the completion of client services. Create a client, create the required services (tax and CIPC returns, monthly accounts, financial statements, and secretarial services), request outstanding information, provide client access to WIP and completed work, and monitor staff processes.

TaxSmart: provides a complete provisional tax submissions, with direct SARS e-Filing integration, bulk CRM and submission options.

Features: Automated engagements that saves you time and helps you sell more services:

• Client engagement logs: Provide clients with records of email logs, and online access to their SARS assessments and returns. Clients will always be able to see what you have done for them.
• Dashboard of outstanding information: VAT, PAYE, Annual returns, Annual financial statements and more. Know what is happening and send email/sms reminders.
• Support:Software developed by accountants for accountants. Specialists in software development and client support
• Workflow: Set workflow, deadlines, wide reporting capabilities and accounting software integrations. 

Reward: Up to xxx% discount per transaction for CIBA members who are new to SmartPractice