Do you wish to complete your professional SAICA articles at MMS?
MMS Group is looking for aspiring Chartered Accountants (SA), who have completed their postgraduate studies to join our team in 2021!
How to become a Chartered Accountant with MMS Group and The South African Institute of Chartered Accountants (SAICA).
Tertiary Academic Requirements:
Obtain a SAICA accredited qualification at a SAICA-accredited university.
Obtain a Certificate in the Theory of Accounting (CTA) or equivalent qualification. This is a post-graduate course – your fourth year at university. This course focuses on Accounting, Auditing, Taxation and Financial Management. The course takes a minimum of one year and must also be completed at a SAICA-accredited university.
Tertiary Practical Requirement:
The second part of your path towards becoming a CA (SA) entails completing a learnership programme. This is known as a training contract, and one which a trainee accountant enters into with a registered training office. Mahdi Meyer Steyn Chartered Accountants Inc. is a registered SAICA training office.
Pass SAICA's Professional Examinations:
The final two steps on your pathway to becoming a CA(SA) involve passing two qualifying examinations, namely the Initial Test of Competence (ITC) and the Assessment of Professional Competence (APC). Both of these exams are set and administered by SAICA.
The Initial Test of Competence (ITC)
To qualify for entry to the ITC, you must have passed the CTA or equivalent CA (SA) exam. This generally means that candidates enter for the ITC during their first year of their training contracts if they studied full time or the fourth year if they have been studying part time.
A CTA is valid for three years. This means candidates will be eligible to sit for the ITC exam for a period of three consecutive years, starting the year after obtaining a CTA or equivalent qualification. There are two examination opportunities per year for the ITC, namely in January and June of each year. This means candidates have a maximum of six attempts at the ITC.
The Assessment of Professional Competence (APC)
To qualify for entry to the APC, a candidate must have –
- passed the ITC; and
- completed a minimum of 20 months of a registered training contract with an accredited training office, by the beginning of the month in which the assessment is written; and
- successfully completed a professional programme with a registered provider.
- The professional programme remains valid for a period of three consecutive years, which means that the APC must be passed within those three years; otherwise you will have to complete a professional programme again.
Continued Professional Development (CPD):
As a fully qualified SAICA Member, you will be required to complete your CPD regularly to improve and update your knowledge and skills through additional courses and resources.
Mahdi Meyer Steyn Chartered Accountants Inc, are proud to be Accredited Training Centres registered with SAICA. Tiana Kluyts, and Jannie van Deventer, our SAICA Training Centre Principles assist with training our SAICA Trainee Accountants.