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"Recent scandals in the profession have placed renewed emphasis on quality control and ethical conduct."

Creating awareness of the professional duties applicable to BAP (SA)s and confirming their commitment to professionalism.

Regulators including the National Treasury, Department of Trade and Industry, SAQA, IRBA and SARS have been requested by Parliament to implement new regulations to clamp down on unprofessional conduct by accountants and auditors.

In response, SAIBA has issued a new requirement applicable to SAIBA BAP (SA) designation holders in the form of an Annual Practice Licence (APL)

*SAIBA's Educational Committee reserves the right to prescribe and change the pass percentage as deemed necessary.

Annual Practice License

The APL is a self-assessment that all SAIBA members with the designation BAP(SA) are required to complete annually.

The APL tests the BAP(SA)’s awareness and basic knowledge of the standards required to manage an accounting practice, and provide professional services to clients

Commitment to excellence and getting better clients

As a Business Accountant in Practice (SA) you have an obligation to act with the necessary care, skill and diligence expected of an accounting professional.  

Based on your membership with SAIBA and your BAP(SA) designation you received a licence from the CIPC and SAQA that allows you to provide the services of an Independent Accounting Professional, Accounting Officer and Independent Reviewer to the general public.  

This licence is provided exclusively to you because you have committed to always act professionally and in a manner that protects the public. 

SAIBA is your professional body and must provide annual reports to CIPC and SAQA on how we monitor your commitment to professional conduct.

The way we collect information for our report is through the SAIBA Annual Practice Licence (APL).  

Declaration of competence

The APL consist of two parts.

Part 1 is in the form of a declaration that you will abide by the SAIBA ethics, quality control, and engagements standards and guides when performing work for clients:

  • Declare that your SAIBA membership is in good standing.
  • Confirm your CPD hours are up to date.
  • Commit to adhering to, and upholding the SAIBA constitution, codes of ethics, quality control and engagement standards.
  • Commit to completing part 2 of the APL within 6 months of completing Part 1 of the APL.
  • Declare that you understand the conditions under which this annual practice licence is issued and commit to using it in an ethical manner.

Declare that you understand the conditions under which this annual practice licence is issued and commit to using it in an ethical manner.

Assessment of awareness

The APL consist of two parts.

Part 1 is in the form of a declaration that you will abide by the SAIBA ethics, quality control, and engagements standards and guides when performing work for clients.

Part 2 is in the form of a assessment to test the BAP(SA)s awareness of relevant standards.

To pass Part 2 all BAP(SA)s should have read the following documents:

  1. Ethics
    • Handbook of the Code of Ethics for Professional Accountants issued by the IESBA.
    • SAIBA MOI detailing its responsibility to monitor and sanction compliance to standards of member conduct.
    • SAIBA Guide to Lodging a Complaint against a member.
  2. Reporting Engagements
    • SAIBA Guide for Accounting Officers.
    • IAASB Standard on Quality Management.
    • IAASB Standards for Compilations, Agreed-upon-procedures, and Reviews.
  3. NPO Engagements
    • Non-profit Organisations Act, 1997.
    • SAIBA Guide for Accounting Officers.
    • SAIBA Working Paper Guide for NPO engagements.
  4. Commissioner Of Oaths 
    • Justices of the Peace and Commissioners of Oaths Amendment Act, 1963
    • Government Gazette R421 dated 30 May 2014.
    • SAIBA Guide on Commissioner of Oaths.
  5. Immigration reports
    • Immigration Act 13 of 2002 and regulations.
    • SAIBA Guide to Immigration Engagements.
  6. CPD Policy
    • SAIBA CPD policy.
    • SAIBA CPD guide.
  7. Non-Compliance With Laws And Regulations
    • IESBA Code of Ethics on non-compliance with laws and regulations, or NOCLAR.
    • SAIBA NOCLAR Declaration.
  8. SMME Guide To Practice Management
    • IFAC Guide to Practice Management for Small-and Medium-Sized Practices.

How to complete the APL Part 1 and Part 2

The APL is conducted online at www.saiba.academy, and has to be submitted uploaded to the members online profile at www.saiba.org.za, prior to renewal of fees:

  1. January/July every year is APL month for BAP(SA) only.
  2. APL is due on 31 Dec/30 Jun according to your membership cycle. (This should be in bold at the top of the APL website page for members to know their due date for the APL).
  3. Feb/July the following year SAIBA profile access will be limited due to not completing the APL within the required period (APL non-compliance).
  4. Mar/Aug legal intervention due to APL non-compliance.
  5. Apr/Sep SAIBA profile suspension due to not complying with the APL requirements.
  6. May/Oct penalty will be issued for not complying with the APL requirements.
  7. June/Nov SAIBA membership cancellation due to failing to adhere to the APL requirements.
  8. APL certificates will be generated on the SAIBA Academy profile and the CPD hours must be manually logged on your SAIBA profile.

Showcase your commitment to prospective clients

Once the declaration and assessment is completed the member will be issued with a SAIBA APL certificate in electronic format.

This may be shared on social media (LinkedIn, Facebook, Instagram) and website, brochures, and emails.

The certificates can also be printed and displayed within your office.

Get your APL today

Complete your declaration and assessment and showcase your professionalism