South African Institute of Professional Accountants

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South African Institute of Professional Accountants
File:SAIPA (SA) logo.jpg
Abbreviation SAIPA
Motto Your Wealth
Objective Encourage professionalism in accountancy
Headquarters Midrand,  South Africa
Region served South Africa
Membership < 6000
Chairperson Mrs R Hattingh
Deputy Chairperson Mr S Olsen
Chief Executive Shahied Daniels
Website www.saipa.co.za
Former name Institute of Certified Public Accountants of South Africa

The South African Institute of Professional Accountants (SAIPA) is a professional association of accountants based in South Africa. The institute had more than 6000 members as of 2011.[1]

Qualification

SAIPA is the leading Professional Accountancy institute in South Africa for the suitably qualified Professional Accountant(SA). The Professional Accountant(SA) performs a wide range of accounting and tax related services and is regarded as the business advisor to the SME ( Small Medium Enterprise)offering tailored advice on business challenges and creating opportunities of business success for their clients .[2]

The requirements to earn the designation are:[3]

  • Academic: A Degree with a major in financial accounting and with tax, management accounting, auditing and commercial law as subjects.
  • Practical training or experience: at least 3 years under a SAIPA recognised Learnership, or 6 years of relevant verifiable experience.
  • SAIPA Professional Evaluation: This is a three-hour examination offered twice yearly covering [1] Financial Accounting, Auditing, Taxation, Commercial Law, Management Accounting and Practice Management.

Associated organizations

SAIPA is a member of the International Federation of Accountants (IFAC) and of the Eastern Central and Southern African Federation of Accountants.[4][5] SAIPA is also an institutional member of the International Association for Accounting Education & Research (IAAER).[6] SAIPA members are eligible for membership of the Institute of Accounting and Commerce.[7]

References

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