The Institute of Accounting and Commerce of South Africa (IAC) is another recognised professional body that aims to maintain the ethical standards of the profession and hold its members to high standards.
IAC has the following professional accounting designations:
- Technical Accountant – TA
- Financial Accountant in Commerce – FAC
- Financial Accountant in Practice – FAP
- Independent Accounting Professional – IAP
- Associate Tax Practitioner – ATP
- Certified Tax Practitioner – CTP
- Business Rescue Practitioner – BRP
As well as having various designations for accountants, it also has several designations relating to tax.
Organisation website: IAC