South African Institute of Professional Accountants

South African Institute of Professional Accountants

Abbreviation	SAIPA
Motto	Your Wealth
Objective	Encourage professionalism in accountancy
Headquarters	Midrand,  South Africa
Region served	South Africa
Membership	> 10 000
Chairperson	Cindy Dibete
Deputy Chairperson	Muhammad Seedat
Chief Executive	Mr Bongani Coka
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. As of 2016, the institute had more than 10,000 members.^[1]

Qualification

The requirements for membership are:^[2]

• 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 Financial Accounting, Auditing, Taxation, Commercial Law, Management Accounting and Practice Management.

Associated organizations

SAIPA is a full member of the International Federation of Accountants (IFAC) and the Pan African Federation of Accountants (PAFA). SAIPA has reciprocal agreements with national and international bodies. Members of foreign bodies wishing to become a member of SAIPA and who wish to practice in South Africa have to meet the full membership requirements of SAIPA in all respects. A reciprocal membership agreement alone may not allow anyone to practice in South Africa until these requirements are met. (IAAER).^[3] SAIPA members are eligible for membership of the Institute of Accounting and Commerce.^[4]

References

1. "BENEFITS OF MEMBERSHIP". SAIPA. Retrieved 25 July 2016.
2. "GENERAL INFORMATION ON THE PE". SAIPA. Retrieved 2012-01-26.
3. "Institutional Members". IAAER. Retrieved 2011-06-30.
4. "CRITERIA FOR ADMISSION TO PROFESSIONAL MEMBERSHIP". Institute of Accounting and Commerce. Retrieved 2011-06-30.