Practice Ready Assessment (PRA) for BAP(SA)s

Creating awareness of the professional duties applicable to BAP (SA)s and confirming their commitment to professionalism.

Date:

1 December, 2024

Time:

Available from 08:00

Hours:

10 hours

CPD Units:

Category:

Practice Management

Group:

Channel 3: Specialisation

Format:

Self-study

Product Information

As a Business Accountant in Practice (SA) you have an obligation to act with the necessary care, skill and diligence expected of an accounting professional.

Based on your membership with CIBA and your BAP(SA) designation you received a license from the CIPC and SAQA that allows you to provide the services of an Independent Accounting Professional and Accounting Officer to the general public.

The Practice Ready Assessment (PRA) is the first step in ensuring you are familiar with the standards and legislative frameworks applicable to our profession

CIBA is your professional body and must provide annual reports to CIPC and SAQA on how we monitor your commitment to professional conduct.

The way we collect information for our report is through the Practice Ready Assessment (PRA).

Pass mark: 80%

Attempts: Unlimited

What will set you apart

By completing the Practice Ready Assessment (PRA) you will be able to:

Understand the legislative frameworks and standards applicable to your business work environment
Showcase your commitment to professionalism.
Understand and apply the various rules of conduct applicable to accountants.
You will be able to display your Practice Ready Assessment (PRA) certificate on Social Media.

Event breakdown

Declaration

Declare that your CIBA membership is in good standing.
Confirm your CPD hours are up to date.
Commit to adhering to, and upholding the CIBA constitution, codes of ethics, and engagement standards.
Declare that you understand the conditions under which this Practice Ready Assessment (PRA) is issued and commit to using it in an ethical manner.

Study Unit 1: Reporting Requirements

CIBA Guide for Accounting Officers.

Study Unit 2: Code of Ethics and Quality Management

Handbook of the Code of Ethics for Professional Accountants issued by the IESBA.
CIBA powers as a controlling body to monitor and sanction compliance to standards of member conduct.

Study Unit 3. Practice management

SMME Guide to Practice Management
IFAC Guide to Practice Management for Small-and Medium-Sized Practices.

Study Unit 4: Engagements: International Standards

Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements issued by the IAASB.

Study Unit 5: Commissioner of Oaths

Justices of the Peace and Commissioners of Oaths Amendment Act, 1963
Government Gazette R421 dated 30 May 2014.
CIBA Guide on Commissioner of Oaths.

Study Unit 6: Non-Compliance with Laws & Regulations

IESB Code of Ethics on non-compliance with laws and regulations, or NOCLAR.
CIBA NOCLAR Declaration.
CIPC Review Notice 30 of 2021 on Reporting of Reportable Irregularities

Study Unit 7: CPD Policy

CIBA CPD policy.
CIBA CPD guide

Study Unit 8: Immigration Certificates

Immigration Act 13 of 2002 and regulations.
CIBA Guide to Immigration Engagements.

Study Unit 9: NPO Engagements

Non-profit Organisations Act, 1997.
CIBA Guide for Accounting Officers.
CIBA Working Paper Guide for NPO engagements

Certificate

Applicants must have received initial approval for their designation application.
Applicants must have settled their designation fee.
Moderate level.

Presenter/s

No presenters are provided as this is a self-study course.