Approved SAIPA and Fasset ATC Training Centre

Qualify as a Professional Accountant (SA)

Qualifying as a Professional Accountant (SA) usually takes 6 years (3-year degree and 3-year internship) provided you are able to complete the undergraduate qualification in the minimum time. Qualifying as a Professional Accountant (SA) does not require you to complete a postgraduate qualification. It is possible to qualify as a Professional Accountant (SA) within 3 years by working and studying at the same time.

Your journey to qualifying as a Professional Accountant (SA) works as follows:

There are three requirements that need to be met in order to qualify as a Professional Accountant (SA):

  1. Academic requirements
  2. Practical experience, and
  3. Passing SAIPA’s Professional Evaluation exam.
1. Academic requirement

For the academic pillar, you will need to complete matric with:

  • Accounting; and
  • Mathematics

You will also need to successfully complete a Bachelor of Commerce degree or equivalent at a SAIPA-accredited tertiary institution with the following required core subjects:

  • Financial Accounting 3;
  • Taxation;
  • Auditing 1 OR Internal Auditing;
  • Commercial Law; and
  • Finance OR Management Accounting 3.
2. Practical requirement

Your practical requirement is to complete a three-year internship at a SAIPA Accredited Training Centre (ATC) to gain invaluable work experience.

3. SAIPA’s Professional Evaluation Exam

The final pillar is the Professional Evaluation (PE) exam. The SAIPA PE exam is a four-hour written competency exam to determine your ability to integrate your academic knowledge with your practical experience gained in the workplace. This exam can be taken twice a year, either in May or November, in various venues around South Africa and it is part of the admission process for membership of SAIPA.

Visit SAIPA’s website for more information – www.saipa.co.za.

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