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. Click here to find a 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.
Registering as a CA(SA)
After completing your learnership and the Qualifying Exams, only one step remains:
Registering as a member with SAICA. You will then be allowed to use the CA(SA) designation and be recognised as having fulfilled all the conditions to be acknowledged as a chartered accountant.