SAIBA actively searches for meaningful relationships with other professional bodies, institutes of education, government bodies and commercial partners. Joint agreements give members access to focused and specialised services, provided by a variety of quality professional bodies and commercial partners.
Department in Social Development (DSD)
During Minister Dlamini’s Social Development Budget Vote speech tabled in Parliament on 4 May 2016, the importance of strengthening partnerships with civil society organisations was once again highlighted. “The NPO Act will be amended this year to ensure that NPOs are better placed to deliver services without any obstacles to the almost 17 million South Africans that depend on social assistance programmes. The National Development Agency (NDA) and Provincial Departments in collaboration with the private sector will embark on intensive capacity building and mentoring for NPOs,” says Minister Dlamini.
The South African Institute for Tax Practitioners (SAIT)
Section 240 of the Tax Administration Laws Amendment Act, 21 of 2012 requires that every person (except certain groups specifically excluded) that either: provides advice to another person with respect to the application of a Tax Act or completes or assists in completing a tax return on behalf of another must register as a tax practitioner with SARS, and a recognised controlling body or a body whose members fall under the jurisdiction of a controlling body.
The MOU between SAIBA and SAIT enables SAIBA members that have been awarded the SAIBA designation “Business Accountant in Practice” to register with SAIT at a 50% discount.
SAIBA members that act as tax practitioners are therefore required to:
- Maintain their membership of SAIBA
- Obtain the SAIBA designation “Business Accountant in Practice”
- Ensure that they are a member in good standing by being fully paid up and compliant with CPD requirements
- Register with SAIT as tax practitioners or tax technicians
- Recognition as a tax practitioner in terms of the Tax Administration Laws Amendment Act, 21 of 2012
- Professional designation in tax
- Local and international recognition
- Comprehensive technical support via tax helpline, CPDs, training, qualifications, magazines and journals
Institute of Certified Bookkeepers (ICB)
The MOU between SAIBA and ICB enables ICB members that have been awarded an ICB qualification at NQF level 6 to qualify as a SAIBA member and apply for a SAIBA designation.
ICB members are therefore required to:
- Maintain their membership of ICB
- Apply for SAIBA membership
- Apply for a SAIBA designation
- Maintain their membership fees and CPD hours
International Association of Financial Executives Institute (IAFEI)
SAIBA is an affiliate of IAFEI. The IAFEI is an association of Financial Executives Institutes from all over the world founded in 1969. IAFEI currently has 17 Member Institutes in the Americas, Asia, Europe and the Middle East, with a total membership of over 12 000 financial executives.
South African Accounting Academy (SAAA)
SAAA offers Continuing Professional Development (CPD) seminars and workshops for accountants, auditors and bookkeepers. All training offered by SAAA is recognised as CPD points by the relevant professional bodies including the South African Institute of Chartered Accountants (SAICA), the Association of Accounting Technicians (AAT), the Association of Chartered Certified Accountants (ACCA), the South African Institute of Professional Accountants (SAIPA), ICB, SAIBA, the Institute of Accounting and Commerce (IAC), the Institute of Internal Auditors (IIA) and CIMA.
Certificate and short courses are also offered, including:
- Certificate in Independent Reviews™
- Certificate in IFRS for SMEs™
- Certificate in IFRS™
SAAA’s service offerings includes products to clients, including practice support, review services, publications, and accounting software.
- CPDs designed to meet the needs of SAIBA members
- Comprehensive course notes
- Free webinars
- Access to expert presenters
UNISA Graduate School of Business Leadership (UNISA SBL)
SAIBA is also licensed to offer selected UNISA certificate courses.
Members will be able to purchase QuickBooks software when registering as a SAIBA member. All members will benefit from reduced product costs.
BAP (SA)s will gain access to SMEs that purchase QuickBooks software and SAIBA membership will be offered to all QuickBooks subscribers.