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Employers and firms may register to become a Southern African Institute for Business Accountants (SAIBA) Approved Training Centre (ATC). Registering as an ATC allows an employer to offer learnerships and as a result, obtain a tax deduction. SAIBA’s ATC programme is run in conjunction with the Chartered Institute of Management Accountants (CIMA). This means that SAIBA ATCs must register as CIMA Training Providers and in this way register their trainee accountants on the Finance and Accounting Services Sector Education and Training Authority (FASSET) accredited learnership.
SAIBA ATC status is available to any employer who meets certain standards.
Employers currently employing or intending to employ SAIBA students can apply to become a SAIBA ATC.
The process of becoming a SAIBA approved employer is managed by CIMA on behalf of SAIBA.
This means that employers and students will be subject to a dual registration process. Employers are registered with SAIBA as SAIBA approved employers and with CIMA as training providers. Students are registered with SAIBA as SAIBA students and with CIMA as CIMA students.
Approved employer/training provider accreditation is awarded for three years to employers with registered SAIBA/CIMA students and 12 months for employers without any SAIBA/CIMA students. Any organisation wishing to become approved employer/training providers must meet the foundation standards for the training of CIMA students.
As an ATC you must show how you support trainees and that you have certain HR policies and procedures in place. You will also need to monitor your students’ development using a logbook. As part of your application as an ATC you must be able to show how you comply with the following:
The SAIBA/CIMA learnership is a registered workplace programme established by FASSET which is the Seta responsible for the Finance, Accounting, Management Consulting and other Financial Services sector.
The programme is tailored to SAIBA/CIMA and is available at each level of your CIMA studies i.e. Certificate, Managerial and Strategic. Students may exit the programme at any of the levels. However, a SAIBA designation may be issued only after completion of the first two levels (Certificate and Managerial). CIMA membership may only be awarded after completion of all three levels.
On successful completion of each of these levels you will be awarded the following professional qualifications:
Learnerships are a government initiative established by the various Setas, in order to incentivise South African companies, e.g. CIMA, to encourage skills development and education in recognised professional qualifications.
For more information see the section on: