SAIPA (the South African Institute of Professional Accountants) has launched its Centre of Excellence for quality tax practioners wishing to specialise in the field of taxation to meet with a higher standard of distinction.
In terms of the Tax Administration amendment bill SARS will only register members of approved professional bodies as tax practitioners. SAIPA has launched their Centre of Tax Excellence (CoTE). The tax centre invites applications from all tax practitioners that fit the criteria for the different designations
The Companies Act 71 of 2008 recognises SAIPA members as Independent Reviewers. However, this is a totally new line of reporting for Professional Accountants (SA), and SAIPA is constitutionally bound to ensure that its members do not take up appointment for duties that they are not competent to conduct.