Requirements
The application must be able to demonstrate the acquisition of significant academic knowledge and practical experience. The admission requirements for the accredited fall into 4 different categories:
Competency based qualifiers
Applicants who have obtained qualification as Certified Accounting Technician at the approved Institutes will be accepted if they comply with the practical experience requirements.
Part qualified NIPA Trainee
Registered NIPA trainees, or NIPA trainees that abandoned the program, who have completed the practical experience of their training, but not their academic requirements will be accepted, if they comply with the practical experience requirements.
Part qualifiers
Applicants who hold only a part academic qualification, or a degree that is not prescribed by the Institute, with at least Accounting II AND relevant experience of a minimum of 5 years will be accepted if they comply with the practical experience requirements.
Experienced qualifiers
Applicants who have no academic but at least Grade 12 AND have relevant experience of a minimum of 5 years will be accepted if they comply with the practical experience requirements.
Practical experience
- Applicants will be evaluated to determine the level of practical experience. It is required to demonstrate their ability to apply their knowledge to an evaluation panel appointed by Council. Upon the recommendation of such evaluation panel and fulfilment of all other entrance requirements, Council may admit the applicant as an affiliate Member.
- It is required that all Accredited Bookkeepers acquire Professional Indemnity for not less than N$1,000,000.
- It is required that all Accredited Bookkeepers shall comply with the CPD requirements applicable to members as prescribed.
- It is required that all Accredited Bookkeepers will be subject to a Practice Visit as Prescribed
Firms
A firm, whether incorporated or not, may be registered as a practising firm, provided all Accredited Bookkeepers and ultimate beneficial members (or shareholders, partners or beneficiaries, as the case may be) are registered and continue to be so registered as Accredited Bookkeepers with the Institute. The firm name to be registered with the institute is subject to the approval by Council, who has the right to decline a name if it is deemed to be undesirable or misleading.
Restrictions
Accredited Bookkeepers may not perform the duties of Accounting Officers, nor will they be allowed to sign off any AFS of a trust, CC or company.
Recognition for prior learning
- Once admitted to the Accredited Bookkeeper tier, applicants will be able to progress to full membership as prescribed. Accredited Bookkeepers that comply with the following requirements may be admitted as full members of the Institute. Academic requirements:-
- Applicants must at least have obtained grade 12 certificate
- Applicant must at least have passed the following subjects:
- Financial Accounting NQF level 6
- Taxation NQF level 6
- Commercial and Business Law NQF level 6
- Or any such subjects which in the opinion of Council are significantly similar to the above subjects and NQF levels
- Other requirements:
- Applicants must be between the ages of 35-55
- Must have practical experience of not less than 10 years
- Accredited Bookkeepers who have the academic and practical requirements and fall within the age group will be required to demonstrate their ability to apply their knowledge to an evaluation panel. Upon the recommendation of such evaluation panel and fulfilment of all other entrance requirements, Council may admit the applicant as a Member.
Fees
Membership fee structure:
| Admission date | 1 January 2022 | 1 July 2022 |
|---|---|---|
| Application Fee | N$ 300.00 | N$ 300.00 |
| Application & Evaluation / Logbook | N$ 2,300.00 | N$ 2,300.00 |
| Annual Fee | N$ 500.00 | N$ 250.00 |
All fees are excluding VAT