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The South African Institute of Taxation (SAIT) is a recognised professional body focusing solely on taxation. It is a registered professional body under the National Qualifications Framework Act, 2008. The Institute is a professional association of tax professionals regulating tax practitioners in South Africa.
In terms of the Tax Administration Act 28 of 2011, South African Revenue Service (SARS) will only register members of approved professional bodies as tax practitioners. Only registered tax practitioners may provide advice with respect to the application of a tax law, and complete or assists in completing a return for another person or company.
The Institute of Certified General Accountants (CGA-Pakistan) Philippines. Financial Reporting Standards Council (FRSC) [9] [10] Saudi Arabia. Saudi Organization for Certified Public Accountants (SOCPA) [11] South Africa. South African Institute of Chartered Accountants (SAICA) South African Institute of Professional Accountants (SAIPA)
Although ACCA holds recognition for statutory tax purposes, [56] it has no agreement with any accountancy body in South Africa, while ICAEW, ICAS and CA Ireland have agreements with South African Institute of Chartered Accountants.On the 6th of July 2023, the Independent Regulatory Board for Auditors, formally accredited the ACCA as an ...
The South African Institute of Chartered Accountants (SAICA), South Africa’s pre-eminent body for accountants. The institute provides a wide range of support services to more than 48,000 members and associates who are chartered accountants (CAs(SA)), as well as associate general accountants (AGAs(SA)) and accounting technicians (ATs(SA)).
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The Institute of Accounting and Commerce (IAC) was established in 1927 as a provider of distance learning education and a professional management institute. In 2009 the Institute changed to become a professional accounting membership body only and is registered in South Africa as a non-profit company (NPC) (Reg. No. 1981/011981/08).
The establishment of a Pan-African association for tax institutes was initiated and spearheaded by Stiaan Klue, the Chief Executive of the SA Institute of Tax Practitioners (SAIT). [ 1 ] The AATI was launched during a meeting of Presidents of Taxation Institutes and Heads of Revenue Agencies in Africa in Lagos in June 2011.