Accountants' Discussion Forum: The impact and implications of fees


Date: Dec 9, 2024 - Dec 9, 2024

CPD hours: 2 Hours

Time: 10:00 - 12:00

Event Type: Webinar

Presenter: Caryn Maitland CA(SA)
Owner, Maitland & Associates
Presenter: Carmen Westermeyer CA(SA)

This webinar provides a deep dive into the often overlooked but critically important subject of professional fees within the accounting industry.

Overview   

This webinar provides a deep dive into the often overlooked but critically important subject of professional fees within the accounting industry. Through an engaging discussion led by two seasoned Chartered Accountants, Caryn Maitland and Carmen Westermeyer, participants will examine how fees impact professional independence, client relationships, and ethical obligations. 

Topics will include the consequences of lowballing, the ethical dilemmas posed by different pricing models, and how these choices align with the requirements of regulatory frameworks such as the Code of Professional Conduct. Additionally, we'll explore SARS's stance on certain pricing models and what this means for your practice. 

This session is essential for accounting professionals seeking to align their fee structures with best practices, regulatory compliance, and long-term client trust. 

Join our experts Caryn Maitland CA(SA) and Carmen Westermeyer CA(SA) on 09 November 2024, from 10:00 a.m. to 12:00 p.m., for a thought-provoking discussion that will elevate your understanding of fee-related dynamics in the profession. 


Learning objectives and competencies developed 

Through real-world case studies, practical examples, and an in-depth analysis of the latest regulatory developments, this webinar will equip you with the following competencies: 

  • Understand what your fees telegraph to your clients 

  • Understand the behaviours incentivized by different fee structures. 

  • Consider the impact of lowballing on the profession 

  • Impact of fees on your independence and objectivity 

  • Understand the moral concerns with different fee structures.  

  • Understand the legal limitations/requirements of various professional bodies regarding fee structures. Areas included would be: 

              Code of Conduct 

              Tax Practitioners 

              Accountants 


Content to be discussed 

The following topics are under discussion for this month: 

  • Impact of fees on accountants behaviours 

  • Consideration of various pricing models 

  • Fees and the Code of Professional Conduct 

  • SARS's perspective of certain pricing models   


Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   


Meet your presenters 

  

Caryn Maitland CA(SA) 

Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002 and is also a registered member of SAICA. 

Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics. She has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014.  Caryn is also involved with the annual SAICA SMP Technical tour. 

  

Carmen Westermeyer CA(SA) 

Carmen Westermeyer graduated in 2001 from the University of Natal, Durban (now UKZN), with a BCom Honours degree in Accounting and completed her articles with PwC in 2004. She has been a member of SAICA since then. In 2008, she was appointed lecturer at UKZN and coordinated the Taxation 300 course until December 2010. She then took over the role of Academic Leader for the Taxation Department, as well as the coordination of the Postgraduate Taxation Programme.  

In December 2012 Carmen started running ad hoc training courses for members of the profession. From December 2013, she moved into commercial training and consulting on a full-time basis. She has been involved in various training activities, such as the SAICA SMP training in 2014 and the FASSET Budget and Tax Update in 2015 and 2016. 


Who should attend? 

The following persons will benefit from attending this webinar: 

  • Professional accountants such as CA(SA), BAP(SA), AGA(SA), Professional Accountant (SA), FCCA, BA(SA) and ACCA. 

  • Registered auditors. 

  • Company directors. 

  • Financial managers. 

  • Registered tax practitioners.  

  • Trainee accountants.  


Price 

  • Individual Booking: R380.00  

  • Company Booking: 

    • Group Price 1 - From R198 per person (up to 5 users)  

    • Group Price 2 - From R153 per person (up to 10 users)  

    • Group Price 3 - From R132 per person (over 11 users) 

 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. Click here to create a free profile (There is no charge to create a profile and gain access to our free content). 

To find out about the Resource Centre, Accounting Library and CPD Subscription Plans, click here 


Corporate training solutions 

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience. 

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios. 

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.   


Contact us 

Have any questions or need any assistance? Contact us today! 

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