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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. All APL assessments are conducted online.
  2. July of every year is APL month.
  3. All members that joined prior to January are required to write the APL in the month of July following January.
  4. All members that join from January onwards will only write the APL in the following year.
  5. SAIBA will provide a study plan to members to explain what to study from January to June in order to prepare for the July APL.
  6. The APL only opens in July of every year.
  7. The APL is taken free of charge
  8. The APL consist of 50 Multiple Choice questions counting 1 mark each. The pass rate is 70%.
  9. The study materials include the standards as detailed above. Members must use the materials to prepare for the assessment.
  10. Members may use the materials during the assessment.
  11. The format of the assessment is an open book, self-assessment, online and with a 60 minutes duration.
  12. Each BAP(SA) is allowed two (2) opportunities to write and pass.
  13. If the pass mark is not achieved, SAIBA will contact you to discuss a development plan with the aim of improving your knowledge and understanding.
  14. If you fail after the third attempt the matter will be handed to the disciplinary committee and a practice review will be conducted.

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