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There are many reasons to join CIBA. When you become a member, you become a part a community of finance professionals transforming the African continent. As a CIBA member you are rewarded for your commitment to professionalism.

Salary

Starting salaries for professionals with a degree and a professional body designation can be 5 to 15 percent more than the market average.

Employability

Employers value the process of awarding a designation as it shows commitment, knowledge and experience.

Professional Image

Earning a designation enhances your professional image and reputation.

Membership

CIBA Member

Designations

  • SAQA recognised,
  • Statutory recognition as Accounting Officer,
  • Commissioner of Oaths,
  • Independent reviewer,
  • Business Rescue Practitioner,
  • Recognition as Accountant in Practice and Business Advisor.
  • SAQA recognised,
  • Industry recognized designation for junior accountants and consultants.
  • SAQA recognised,
  • Industry recognized designation for specialized financial managers.
  • SAQA recognised,
  • Industry recognized designation for specialized finance executives and CFOs.

International Recognition

IAFEI is the global society for finance executives and represents more than 21000 CFOs, FD, FMs in more than 21 countries. CIBA is a member of IAFEI and CIBA CBA(SA) and Cert.Fin.Officer(SA) members gain access to a network of global finance executives

IAFEI is a member of the Consultative Advisory Group of the International Federation of Accountants. CIBA has adopted the IFAC Code of Conduct and Engagement Standards and complies with SMO 1 – 7 as issued by IFAC.

Local Recognition

In the Government Gazette R421 dated 30 May 2014, it was approved that the CIBA members with the designation BAP(SA) are ex officio (by reason of the designation they hold) Commissioners of Oaths in terms of the Act.

CIBA members that have obtained the designation Business Accountant in Practice (BAP(SA)) are recognised as accounting officers in terms of section 60 of the Close Corporations Act, 1984.

In terms of Section 30(7) of the Companies Act, 2008 CIBA members with the designation BAP(SA) that have completed the CIBA Independent review assessment may perform independent reviews for companies with a PI Score of less than 100 points.

CIBA is an accredited professional body for business rescue practitioner status in terms of Section 138(1) of the Companies Act 2008. CIBA members that have obtained the designation Business Accountant in Practice (BAP) may apply to become a Business Rescue Practitioner.

CIBA members that have obtained the designation Business Accountant in Practice (BAP(SA)) may issue a certificate or a factual finding report for persons applying for a Business Visa.

Representation / Committees

CIBA is a member of the CIPC Liaison Committee representing the interest of the accounting sector with the Companies Commission.

CIBA is a member of the Financial Reporting Standards Technical Committee. The FRSC is a created in terms of Section 204 of the Companies Act, 2008 to advise the Minister of Trade and Industry on the adoption of Financial Reporting Standards.

The Companies Commission established a Business Rescue Liaison Committee to represent the interest of the Business Rescue profession.

Professional Body Recognition

CIBA signed a mutual recognition agreement with the South African Institute of Tax Professionals. CIBA members that have been awarded a CIBA designation receive 50% discount of SAIT membership.

CIBA signed a mutual recognition agreement with the Institute of Certified Bookkeepers. ICB members that have obtained an NQF 6 (old) qualification may apply for CIBA BAP(SA) status.

University Accreditation

UNISA SBL

The MBL programme of the UNISA School for Business Leadership have been accredited by CIBA for the attainment of the Cert.Fin.Officer(SA) designation.

Support

Provides up-to-date information on industry news.

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The annual journal of CIBA

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Satisfy your CPD requirements with a broad catalogue of courses for every stage of your career.

CIBA offers quality technical support to its members and their Accounting Practices. Grow your practice with the help of our top-quality technical support.

CIBA and AMAX SA has signed an agreement that provides access to BAP(SA) access to mentorship support from AMAX SA.

Risk Mitigation

Professional Indemnity cover

CIBA members that have been awarded a designation qualify for professional indemnity cover at lowest industry rates.

Discounts

Draftworx

CIBA members qualify for up to 25% discount on Draftworx products. Draftworx automates the preparation of working papers and financial statements in terms of IFRS, IFRS for SME and Cash bases of accounting.

Become a CIBA Member

Join us and become part of an exclusive accounting community.

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