NIPA

HISTORY

The Namibian Region of the South African Institute of Professional Accountants (SAIPA) started in 1992 with a small group of Accountants. Due to the dramatic changes in the regulations, the Namibian Institute of Professional Accountants (NIPA) was formally established in June 2007. NIPA is constituted by the members, to regulate the accounting profession in Namibia. The NIPA brand is used since 2014.   The Institute facilitate a membership body for persons engaged in work of a professional nature, including accounting, tax, business consulting and related services, operating in public practice and in the Commercial, Industrial or Public Sector. NIPA  advance all aspects of the theory and practice of accountancy and contribute to the development and enhancement of an accountancy profession and enable services of consistently high quality in the public interest, liaise between members and relevant Government Institutions and co-operate with, and comply with the requirements of, all relevant regulatory authorities and other public bodies in Namibia;  
  • Our Mission: We are renowned for our integrity, competency and technologically advanced services to the business community.
 
  • Our Vision: To be the accounting institute of choice.
 
  • Our Values: As an institute, it is our intent to work towards ensuring that we enshrine the following values in all our formal and informal interactions among ourselves and with our clients and other stakeholders.
  • Integrity- honest, reliable, trustworthy, credible
  • Ethics- principled, fair, just
  • Excellence- quality, superiority, objectivity, urgency
  • Professionalism- qualified, certified, expert, skilled, confident
  • People-centeredness- understanding, accepting, emphatic, polite
  Our members offer the following services
  • Compliance Officers/Reports
    • Accountants review organisation systems, financial statements and accounting principles while assessing the accuracy of the organisation's financial records. The accountant is responsible for issuing a report on the financial statements and also acts as an Accounting Officer of a Close Corporation, if so appointed.
  • Taxation
    • Accountants in public practice advise their clients on all forms of relevant taxation and assist with efficient tax planning. They also submit tax returns, resolve tax problems, advise on tax implications and generally aid clients with their personal financial affairs and business related issues.
  • Financial Management
    • Budgeting, cash flow forecasting, business plans and advice regarding corporate structures are all skills that clients expect to be available to them from their Professional Accountants.
  • Management Consultancy
    • Advising clients on the management of their businesses to make them more profitable and effective. Professional Accountants often have an intimate business involvement with their smaller clients.
  • Secretarial & Accounting Services
    • Design and implement accounting systems, capture and record financial data and assist clients to comply with various requirements of the Namibian Legislation.
  • Information Technology
    • Develop computer information systems to enhance business performance.
  • Management Accounting
    • Delivering up to date information on the status of an organisation to enable management to make decisions about the day to day running of their businesses.
  • Forensic Accounting
    • This specialist area involves investigating accounting where fraudulent accounting may be suspected.
  • Business Valuations
    • Perform business valuations for acquisition, disposal and other purposes.
 

Some of our Members in Practice