Acts Online
GT Shield

Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Industry Charters

Chartered Accountancy Charter


Appendix 2: List of Abbreviations


ABASA                Association for the Advancement of Black Accountants of Southern Africa

ABET                Adult Basic Education and Training

ACCA                Association of Chartered Certified Accountants

AP Act                Auditing Profession Act, 2005 (Act 26 Of 2005)

AWCA                African Women Chartered Accountants

B-BBEE                Broad-Based Black Economic Empowerment

BEE                Black Economic Empowerment. This usually refers to B-BBEE

BMA                Board of Municipal Accountants

CA(SA)                Chartered Accountant (South Africa)

CIMA                Chartered Institute of Management Accountants

dti                Department of Trade and Industry

EAP                Economically Active Population

EBITDA                Earnings before interest, tax, depreciation and amortisation

EME                Exempted Micro Enterprise

FASSET                Financial, accounting and services sector SETA

lAC                Institute of Administration and Commerce

lASA                Institute of Internal Auditors South Africa

ICB                Institute of Certified Bookkeepers

ICSA                Institute of Chartered Secretaries and Administrators

IMFO                Institute of Municipal Finance Officers

IPFA                Institute for Public Finance and Auditing

IRBA                Independent Regulatory Board for Auditors

NPAT                Net Profit after Tax

PPE                Public Practice Exam

QE                Qualifying Examination

QSE                Qualifying Small Enterprises

RA                Registered Auditor

SAIBA                South African Institute of Business Accountants

SAICA                South African Institute of Chartered Accountants

SAIGA                South African Institute of Government Auditors

SANAS                South African National Accreditation Agency

SED                Socio-economic development

SMME                Small, medium and micro enterprises

TIPP                Training Inside Public Practice

TOPP                Training Outside Public Practice