Icaz flies the chartered accountant flag
From B2
In Zimbabwe there is the Mashonaland District Society chapter and the Matabeleland District Society chapter.
Icaz members also in the diaspora, have come together in their countries of residence and created communities in the form of chapters. The following are the ICAZ chapters in the diaspora:
••
South African Chapter
Botswana Chapter
••
United Kingdom Chapter
Perth Chapter (Australia)
••
Sydney Chapter (Australia)
Brisbane Chapter (Australia)
•
North American Chapter ( USA , Cayman Islands and Canada)
•
Dubai Chapter
Becoming a CA(Z)
In order to become a CA in Zimbabwe one must:
•
Satisfy the institute’s requirements regarding practical experience during training,
•
Serve under a training contract with an Accredited Training Office (ATO ),
•
Pass the Institute’s Qualifying Examinations (i.e. CTA , ITC and AP C) and
•
Apply to the institute for admission as a member.
Certificate in Theory of Accounting
•
Students with accounting degrees sit for a 10 module full year bridging course if it is the Unisa route and after passing embark onto CTA Level 2.
•
This is a process the student will have to conduct on their own. Icaz is no longer taking new students under this arrangement.
•
Through the Chartered Accountants Academy (CAA), students can do a one year full time or 2 years part time of the CTA programme.
•
The National University of Science and Technology (Nust) is also a service provider for CTA and their requirements are available from Nust
Articles
•
The probationary period for a student accountant (articles) is 15 months which can be terminated on one-month notice from either side.
•
This long probationary period allows a student to decide whether being a Chartered Accountant is (or is not) the career for the student.
•
On completion of the probationary period, the training contract becomes binding on both sides until completion
•
The training contract for students with accounting degrees is 3 years.
•
A degreed student can complete the first bridging course in the first year, the Zimbabwe Certificate in Theory of Accounting (CTA ) in the following year and qualifying examinations in the third year.
•
Training to be a chartered accountant requires hard work and dedication.
•
While training, a student will be working on a full – time job and will be expected to perform at a professional level.
•
Students are expected to equally balance the two challenging tasks.
•
On completion, a student will be a drilled accounting professional
Influence of Icaz members in Zim
As Icaz we have the important mandate of representing, promoting and enhancing the accountancy profession. At the national level, we are the voice for the nation’s CA; this includes all professional accountants both in practice and in business. As a result of their different roles in the society, the overall status of the accountancy profession can only be strengthened when both professional accountants in practice and in business are well-perceived by society.
Icaz development programs
Icaz in partnership with Pathways Africa (Joe Mutizwa as founder) are currently running 3 human capital development programmes.
Since inception in 2016 the programmes and many corporates have taken them up and testify of excellent results. Testimonials are available on request.
•
Young Leaders Development Programme
(YLDP )
The programme seeks to introduce young graduates to key concepts and behaviours expected of leaders. The programme is suitable for graduate trainees and staff being prepared for supervisory roles.
•
Management Develeopment Programmes
(MDP )
The programme is ideal for middle managers or supervisors, it gives participants a solid, all round grounding in management competencies. It is ideal for staff being prepared or equipped for a managerial role.
•
Executive Development Programme (EDP ) The programme is aimed at experienced managers who have had more than five years’ experience managing other people.
It is ideal for managers who are being prepared for general management positions and executives with broad responsibilities.
Course delivery
All courses are delivered through 6 modules over a three-month period. Two modules are delivered per month.
An Icaz certificate is issued at the end of the programme.