Become a Professional Accountant (SA)

The South African Institute of Professional Accountants (SAIPA) is one of the country’s leading professional accountancy institutes with more than 10,000 members. SAIPA represents qualified Professional Accountants in practice, commerce and industry, academia and the public sector.
For over 30 years, SAIPA has been a pioneer in the South African economy, contributing to the advancement of the accountancy profession, influencing legislation and constantly transforming to keep abreast of business, financial and social developments in the country and internationally.
SAIPA leads the way in forging a new and dynamic role for the Professional Accountant (SA) to fulfil the escalating demands made by businesses in South Africa’s growing economy by equipping its members with the latest knowledge, techniques and accreditation in the increasingly advanced services they render.
Why should I become a Professional Accountant (SA)?
Membership of a recognised professional body like SAIPA gives accountancy professionals additional recognition in the marketplace.
SAIPA members can perform certain functions and issue certain reports in terms of the following Acts that regular accountants are not permitted to do: Companies Act, Close Corporations Act, Micro lending industry regulations, Sectional Titles Act, Non Profit Organisations Act and Schools Act. These include:
Performing independent reviews
Performing BEE for EME: Mentoring and Coaching of Entrepreneurs
In addition, practising members are recognised by certain Masters of the Supreme Court as Executors of Deceased Estates and Administrators of Insolvent Estates. The Professional Accountant (SA) is also recognised as a Commissioner of Oaths.
What are the benefits of being a SAIPA member?
As a SAIPA member, you enjoy a number of benefits:
Professional Indemnity (PI) insurance: The annual membership subscription includes cover to the value of R5 million, should you be sued for any oversight or anything you might have unintentionally done.
Directors and Officers Liability cover: As a professional accountant, you are a public officer. The annual membership subscription includes cover to the value of R1 million to protect you against any third party liability/claims.
SAIPA is a full member of the International Federation of Accountants (IFAC) as well as the Pan African Federation of Accountants (PAFA).
SAIPA qualifications are nationally recognised at Level 8 by the South African Qualifications Authority (SAQA) in terms ofthe National Qualifications Framework (NQF).
SAIPA is one of the Professional Accountancy Organisations in South Africa that sets mandatory requirements for its members with regard to Continuous Professional Development (CPD).
To join SAIPA contact us on: www.saipa.co.za or 08611 (SAIPA) 72472