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level: Professional Bodies

Questions and Answers List

Question	Answer
SAICA has the task of ensuring that practicing members of the profession to their work according to established accounting standards and conduct themselves in an ethical matter	South African Institute of Chartered Accountants (SAICA)
Involved with public accountancy in South Africa. Funded by fees and levies payable by registered accountants and auditors and reports annually to the Minister of Finance, who then reports to parliament	The Independent Regulatory Board for Auditors (IRBA)
Global watchdog over the ethical behavior of management accountants and financial managers. CIMA’s standards of ethical conduct for practitioners of management accounting and financial management provide guidelines for ethical behavior for members of this profession	The Chartered Institute for Management Accountants (CIMA)
Professional body for bookkeepers, accountants, office administrators, and financial managers. Works to promote the professionalism and reputation of its field	The Institute of Certified Bookkeepers and Accountants