South African Institute of Chartered Accountants (SAICA)

A holder of the Chartered Accountant (CA) credential may be eligible to sit for the International Qualification Examination (IQEX) if he or she is a member in good standing of the South African Institute of Chartered Accountants (SAICA) and meets the eligibility criteria set forth in the 2019 Mutual Recognition Agreement (MRA).

Member in Good Standing

You must be a member in good standing with the South African Institute of Chartered Accountants. Your application will not be complete without a Letter of Good Standing.

Education

You must meet the following education requirements:

• Hold a baccalaureate or higher degree; AND
• Have successfully completed the SAICA accredited Postgraduate Graduate qualification

Examination

You must have successfully completed the following examinations:

• the SAICA Initial Test of Competence AND
• the SAICA Assessment of Professional Competence

Experience

You must meet the following experience requirements:

• completed the SAICA Training Programme prior to obtaining the CA(SA) credential; AND
• completed an additional 12 months of relevant work experience after obtaining the CA(SA) credential and being admitted to membership in SAICA. Note: A completed Verification of Work Experience form will be needed in order to complete the application for the IQEX.

Continuing Professional Development

You must be in compliance with the continuing professional development (CPD) requirements of SAICA.

Materials to Be Submitted

The following documents must be submitted to support your application:

• Letter of Good Standing from the South African Institute of Chartered Accountants. You will need to contact them to request this letter.
• To document the completion of the additional work experience, you will need to submit a Verification of Experience form.

Exclusions

CA(SA)s who obtained their credential by qualifying under a reciprocal agreement that SAICA may have with another professional accountancy organization are not eligible under this agreement. This includes all mutual recognition agreements, reciprocal membership agreements, and other similar agreements which SAICA may have or may have had at any time.