All SA’s professional accounting designations in one comprehensive list

Financial Accountant in Commerce – IAC

The Financial Accountant in Commerce (FAC) designation is offered by the Institute of Accounting and Commerce of South Africa (IAC). [internal link]

Duties of a Financial Accountant in Commerce (FAC) include the preparation of annual financial statements for their employers or clients and the control, gathering, analysis and interpretation of financial information. Notably, a Financial Accountant in Commerce cannot act as an Accounting Officer. This designation requires a minimum NQF level 7 qualification [internal link], such as the Bachelor of Commerce in Accounting [internal link]. UJ Online [external partner link] offers an online Bachelor of Commerce in Accountancy [partner link] degree.

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Certified Internal Auditor (CIA) – IIASA

The Certified Internal Auditor designation is offered by the Institute of Internal Auditors South Africa (IIASA). [internal link]

The Certified Internal Auditor designation is the only globally recognised internal audit certification, with more than 170,000 CIAs working in more than 170 countries around the world. Qualified CIAs are able to fill more senior managerial roles. This designation requires a minimum NQF level 7 qualification [internal link], such as the Bachelor of Commerce in Accounting [internal link]. UJ Online [external partner link] offers an online Bachelor of Commerce in Accountancy [partner link] degree.

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Registered Government Auditor – SAIGA

The Registered Government Auditor (RGA) designation is offered by the Southern African Institute of Government Auditors (SAIGA). [internal link]

A Registered Government Auditor (RGA) is a professional who is specifically equipped to audit in the public sector. This designation requires a minimum NQF level 7 qualification [internal link], such as the Bachelor of Commerce in Accounting [internal link]. UJ Online [external partner link] offers an online Bachelor of Commerce in Accountancy [partner link] degree.

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Professional Tax Practitioner (SA) – SAIPA

The Professional Tax Practitioner (SA) designation is offered by the South African Institute of Professional Accountants (SAIPA). [internal link]

A Professional Tax Practitioner (SA) is able to register with SARS as a Tax Practitioner and can offer all the services offered by a Professional Tax Technician (SA). In addition, they can register all tax types, prepare and file income tax returns for individuals and any business as well as preparing and filing of PAYE and VAT returns. This designation requires a minimum NQF level 7 qualification [internal link], such as the Bachelor of Commerce in Accounting [internal link]. UJ Online [external partner link] offers an online Bachelor of Commerce in Accountancy [partner link] degree.

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Professional Tax Technician (SA) – SAIPA

The Professional Tax Technician (SA) designation is offered by the South African Institute of Professional Accountants (SAIPA)

The Professional Tax Technician (SA) designation allows for all the registration with SARS as a Tax Practitioner. They are able to carry out may administrative tasks relating to tax, but they usually work in a support role for a Tax Professional as they are not authorised to submit VAT or PAYE returns.

They are authorised to register individuals for income tax, prepare and file income tax returns. For VAT and PAYE, they are able to carry out registrations, but are only able to prepare returns and not submit them. They are also able to post basic notice of objections for all tax types, check the tax compliance status of a tax payer, attend to enquiries in support of Tax Professionals and attend to SMEs without complex transactions.

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Accounting Technician (SA) – SAIPA

The Accounting Technician (SA) designation is offered by the South African Institute of Professional Accountants (SAIPA)

An Accounting Technician (SA) performs support functions to the Professional Accountant (SA), including the accounting functions, the preparation of working papers, working papers for tax returns and the preparation of financial reports. Notably, an accounting technician cannot sign off financial statements.

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Recommended online accounting courses

Bachelor of Commerce in Accountancy

Offered by UJ Online