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SAIBA is a voluntary accounting membership body with more than 6 500 members. Members fall into membership tiers, according to experience and qualifications. By joining our community of accounting professionals, members take the first step towards advancing their careers.
SAIBA offers members accessible and recognisable designations that deliver opportunity. More than fifty percent of our members are employed in business, the public sector or academia. The remainder manage their own accountancy practices within the private sector.
SAIBA’s purpose is to develop a community of successful accounting professionals who excel in their career goals. To achieve our purpose, we focus on three core functions:
We are a proudly South African Institute that subscribes to the values incorporated in the South African Constitution and Bill of Rights. Members and potential members are treated as individuals with unique needs, values, interests and career goals. We are here to help them reach these important career goal.
The below graph depicts SAIBA’s business model diagram:
From the business model diagram above, our pay-line was formed:
Join. Earn. Share.
The following core values guide us in delivering our services: Audacious, Ambitious, Encourage and lead, Responsive, Accessible, Passionate, and Inquisitive.
A full-time staff complement under the direction of the Chief Executive Officer is responsible for the day-to-day administration of SAIBA, ensuring that these values are met.
SAIBA supports its members by adopting and implementing international standards relating to ethics, quality, education, financial reporting, assurance and other engagements. SAIBA enables the sharing of knowledge and assists members in understanding all areas affecting accountants and financial professionals.
SAIBA offers the following to its members:
SAIBA was established in 1987 as one of many professional bodies within the accounting sector. SAIBA members were granted accounting officer status on 7 July 1996. Accreditation was also granted to the Institute in terms of the Namibian Close Corporations Act, 1988, on 13 June 2006. The Institute is registered as a Non-Profit Company (NPC) under the South African Companies Act, 71 of 2008. SAIBA members that have obtained the right to use a SAIBA designation have voting rights at the SAIBA Annual General Meeting (AGM) where the Board is elected.
In 2010 the executive team implemented a new strategy that repositioned SAIBA as an open professional body. This initiative had the potential of changing the face of the profession to be more inclusive and representative. As an open professional body SAIBA endeavoured to fundamentally change the way aspiring accountants accessed the profession. In 2015 SAIBA appointed a new board that is taking the body to its next stage.
Bank : Absa Bank
Branch : Centurion
Account Name: SAIBA
Account Number: 1044000152
Branch Code: 632005