SAIPA ACRONYMS - NATIONAL

SAIPA ACRONYMS - NATIONAL
 
 
Abbreviation
Name
 
 
A
AAT(SA)
Association of Accounting Technicians (of Southern Africa)
ABASA
Association for the advancement of Black Accountants of Southern Africa
ABC
Activity Based Costing
ABET
Adult Basic Education and Training
AC
Advisory Council
ACCA
Association of Chartered Certified Accountants
ACFE
Association of Certified Fraud Examiners
ACFIST
SGB for Accounting and Financial Standards
ACTSA
Association of Corporate Treasurers of Southern Africa
ADRA
Association of Debt Recovery Agents
AFS
Annual Financial Statements
AFSA
Arbitration Foundation of Southern Africa
AG
Accountant General
AGA(SA)
Associate General Accountants
AGC
Audit Guidance Committee
AGM
Annual General Meeting
AGSA
Auditor General of South Africa
AHI
Die Afrikaanse Handelsinstuut
AMI
Association of Management Institutes
APA1
Accelerated Professional Advancement
APA2
Auditing Profession Act
APB
Accounting Practices Board
APC1
Assessment of Professional Competence
APC2
Accounting Practices Committee
APSO
Association of Personnel Service Organisations
APT
Accounting Professional Training
ARC
Academic Review Committee
ARD
Audit Research and Development
ASA
Accountancy SA
(Magazine)
ASB
Accounting Standards Board
ASC
Auditing Standards Committee
ASISA
Association for Savings and Investment SA
ASPO
Association of Personal Service Organisations
ASSMSE-WG
Accounting Standards for Small and Medium Sized Entities Working Group
ATO
Approved Training Organisation
ATR
Annual Training Report
(previously the WSPIG)
AWCA
African Woman Chartered Accountants
B
BB-BEE
Broad-Based Black Economic Empowerment
BBC
Black Business Council
BC
Business Continuity
BEE
Black Economic Empowerment
BFF
Black Firms Forum
BHAG
Big Hairy Audacious Goal
(IT Terminology)
BI
Business Intelligence
BIFSA
Building Industries Federation of South Africa
BMA
Board for Municipal Accountants
BSSA
Business Skills for South Africa
BUSA
Business Unity South Africa
C
CA
Chartered Accountant
CAF
Consultative Accountancy Forum
CAG
Consultative Advisory Group
CAGE
Chartered Accountants Group of Executives
CAIA
Chemical and Allied Industries Association
CAJIC
Chartered Accountants Joint International Committee
CAP
Compliance Advisory Panel
CAPEX
Capital Expenditure
CARB
Chartered Accountants Review Board
CAT
Certified Accounting Technician
CC
Close Corporation
CCA
Certified Commercial Accountant
CBET
Competency Based Education and Training
CCMA
Commission for Conciliation, Mediation and Arbitration
CCPE
Compulsory Continuing Professional Education
CFA
Certified Financial Analyst
CFAA
Country Financial Accountability Assessment
CFAS
Committee for Auditing Standards
CFWG
Conceptual Framework Working Group
CGT
Capital Gains Tax
CHE
Council on Higher Education
CI
Corporate Identity
CIA
Certified Internal Auditor
CIC
Continuous Improvement Centre
CIBM
Chartered Institute of Business Management
CIDA
Community & Individual Development Association
CIMA
Chartered Institute of Management Accountants
CIPC
Companies and Intellectual Property Commission
(previously referred to as CIPRO – Companies & Intellectual Property Registration Office)
CIPFA
Chartered Institute of Public Finance & Accountancy 
CIPRO
Companies & Intellectual Property Registration Office
(see CIPC)
CLA
Commercial Lease Agreement
COBIT
Control Objectives for Information and Related Technology
COM
The Chamber of Mines
COSAB
Council of South African Bankers
CPA1
Certified Professional Accountant
CPA2
Consumer Protection Act
CPD
Continuous Professional Development
CPE
Continuous Professional Education
CPI
Consumer Product Inflation
CPIX
Consumer Price Index
CQS
Corporate Quality Systems
CSA
Computer Services Association
CSF
Critical Success Factors
CSSA
Institute of Chartered Secretaries and Administrators – Southern Africa
CTA
Certificate in the Theory of Accounting
CTICC
Cape Town International Convention Centre
CV
Curriculum Vitae
D
DBE
Department of Education
DBSE
Development Bank of Southern Africa
DCF
Discounted Cash Flow
DCGTA
Department of Cooperative Governance and Traditional Affairs
DFI
Development Finance Institution
DHET
Department of Higher Education and Training
DIP
Detailed Information Pack
DOA
Delegation of Authority
DoL
Department of Labour
DoRA
Division of Revenue Act
DR
Disaster Recovery
DTA
Double Tax Agreements
DTI
Department of Trade and Industry
DUT
Durban University of Technology
E
EBWG
Employee Benefits Working Group
ED1
Economic Development
ED2
Enterprise Development
ED3
Exposure Draft
EDD
Economic Development Department
EE
Employment Equity
EEA
Employment Equity Act (1998)
EEG
Emerging Economies Group
EESD
Employment Equity and Skills Development Committee
EIPG
Extractive Industries Project Group
EISA
Ethics Institute of South Africa
EOCP
Ethics Officer Certification Programme
EPWP
Extended Public Works Programme
ESDA
Employment and Skills Development Agency
ESED
Enterprise and Socio-Economic Development Committee
ETQA1
Education and Training Qualification Authority
ETQA2
Education and Training Quality Assurance
EY
Ernst & Young
F
FAB
Forum of Accounting Bodies
FABCOS
Foundation for African Business and Consumer Services
FAESA
Future of Accounting Education in South Africa
FAF
Financial Accounting Foundation
FAIS
Financial Advisory and Intermediary Service Act, 2002
FASB
Financial Accounting Standards Board
FASSET
SETA for Financial and Accounting Services Sector Education and Training
FCAG
Financial Crisis Advisory Group
FDI
Foreign Direct Investment
FET
Further Education and Training
FICA
Financial Intelligence Centre Act, 2001
FIWG
Financial Instruments Working Group
FM
Financial Management
FMAC
Financial and Management Accounting Committee
FMISA
Financial Management Institute of South Africa
FNB
First National Bank
FPI
 
FRC
Financial Reporting Council
FRSC
Financial Reporting Standards Council
FSA
FASSET Skills Advisor
FSAP
Financial Sector Assessment Programme
FSB
Financial Services Board
FSPWG
Financial Statement Presentation Working Group
G
GA
General Accountants
GAAP
Generally Accepted Accounting Practice
GAAS
Generally Accepted Auditing Standards
GATS
General Agreement on Trade in Services
GDP
Gross Domestic Product
GDS
Growth and Development Summit
GEAR
Growth, Employment and Redistribution
GIA
General Internal Auditor
GRAP
Generally Recognised Accounting Practice
H
HDI
Historically Disadvantaged Individual
HE
Higher Education
HEQC
Higher Education Quality Council
HE&T
Higher Education and Training
HIV/AIDS
Human Immuno-Deficiency Virus/Acquired  Immuno-Deficiency Syndrome
HLM
Honorary Life Membership
HOD
Head/s of Department
HRDS
Human Resource Development Strategy
HSRC
Human Sciences Research Council
I
IACSA
Institute of Administration and Commerce of South Africa
IAT
Internal Audit Technician
IBASA
Institute of Business Advisors of South Africa
IBS
Institute of Business Studies
IBSA
Institute of Bankers in South Africa
ICB
Institute of Certified Bookkeepers
ICFASA
Institute of Commercial and Financial Accountants of Southern Africa
ICSA
Chartered Secretaries South Africa (International)
IDC1
Independent Development Corporation
IDC2
Industrial Development Corporation
IDP
Integrated Development Plan
IFM
Institute of Financial Markets
IIASA
Institute of Internal Auditors South Africa
IIP
Investors in People
IISA
Insurance Institute of South Africa
IM
Information Management
IMA
Institute of Management Accountants
IMCSA
Institute of Management Consultants South Africa
IMFO
Institute of Municipal Finance Officers
IMM
Institute of Marketing Management
IODSA
Institute of Directors for South Africa
IP
Intellectual Property
IPDC
Initial Professional Development Committee
IPFA
Institute for Public Finance and Auditors
IPMSA
Institute of Personnel Management South Africa
IRBA
Independent Regulatory Board For Auditors
IRC1
Integrated Reporting Committee
IRC2
Interim Representative Council
IRCWG
Integrated Reporting Committee Working Group
IRMSA
 
IST
Inter-Seta Transfer
ITACSA
International Trade Administration Commission of South Africa
ITC
Initial Test of Competence
IWG
Insurance Working Group
J
JAAC
Joint Attorneys and Accountants Committee
JCCI
Johannesburg Chamber of Commerce and Industry
JET
Joint Education Trust
JIP
Joint Implementation Plan
JSE
Johannesburg Stock Exchange
JV
Joint Venture
K
KPA
Key Performance Area
 KPI
Key Performance Indicator
L
LAWG
Lease Accounting Working Group
LED
Local Economic Development
LGAC
Local Government Accounting Certificate
LGSETA
Local Government Sector Education and Training Authority
LOA
The Life Offices Association
LRA
Labour Relations Act
LSSA
Law Society of South Africa
M
MANCOSA
 Management College of Southern Africa
MBA1
The Association of MBA’s of South Africa
MBA2
Master’s in Business Administration
MDGs
Millennium Development Goals
MFMA
Municipal Finance Management Act
MIB
Members in Business
Micro-GAAP
Micro-Generally Accepted Accounting Practice
MIF
Multilateral Investment Fund
MOA
Memorandum of Agreement
MOI
Memorandum of Incorporation
MOU
Memorandum of Understanding
MRA
Mutual Recognition Agreement
MRM
Member Relationship Management
MSA
Municipal Systems Act
MSI
Member Satisfaction Index
MTA
Manpower Training Act
N
NAAMSA
National Association of Automobile Manufacturers of South Africa
NAVPS
Net Asset Value Per Share
NBFET
National Board for Further Education and Training
NBI
National Business Initiative
NCA
National Credit Act
NCOP
National Council of Provinces
NCR
National Credit Regulator
NDP
National Development Plan
NEDLAC
National Economic Development and Labour Council
NEHAWU
National Education, Health and Allied Workers Union
NGO
Non-Governmental Organisation
NLRD
National Learner Records Database
NMMU
Nelson Mandela Metropolitan University
NPC
National Planning Commission
NPO
Non-Profit Organisation
NQF
National Qualifications Framework
NRF
National Revenue Fund
NSA
National Skills Authority
NSB
National Standards Body
NSBA
National Standards Body for Accounting
NSBAC
National Small Business Advisory Council
NSDS
National Skills Development Strategy
NSF
National Skills Fund
NSS
National Standards Setters (for Audit and Accounting)
NTB
National Training Board
NTC
National Tax Committee
NWU
North West University
O
OBET
Outcomes Based Education and Training
OD
Organisational Design
ODAC
Open Democracy Advice Centre
OECD
Organisation for Economic Co-operation and Development
OHSACT
Occupational Health and Safety Act
OPCAR
Operation Clean Audit Report
OPEX
Operational Expenditure
P
PAA
Public Audit Act
PAAB
Public Accountants and Auditors Board
PABC
Professional Accountants in Business Committee
PAIA
Promotion of Access to Information Act (Act No 2 of 2000)
PAIB
Professional Accountants in Business
PAODC
Professional Accountancy Organisation Development Committee
(previously referred to as DNC)
PAYE
Pay-As-You-Earn
PBO
Public Benefit Organisation
PCAOB
Public Company Accounting Oversight Board
PDI
Previously Disadvantaged Individual
PDP
Personal Development Plan
PEAS
Paperless Estate Administration System
PESTEL
Political, Economic, Social, Technological, Environmental and Legal Factors
(business evaluation)
PFMA
Public Finance Management Act (act No 1 of 1999), as amended
PI
Professional Indemnity
PII
Public Investments Initiative
PIOB
Public Interest Oversight Board
PIS
Public Interest Score
PMISA
Production Management Institute of South Africa
POPI
Protection of Personal Information Bill
PR1
Press Release
PR2
Public Relations
PRS
Poverty Reduction Strategy/ies
PSA
Public Servants Association
PSC1
Public Sector Committee
PSC2
Performance Score Category/ies
PSC3
Product and Services Committee
PSG
Public Sector Governance
PSIMF
Public Service Integrity Management Framework
PSR
Public Service Regulations
PSSC
Public Sector Standing Committee
PWC
PriceWaterhouseCoopers Incorporated
Q
QAP
Quality Assurance Partner
QC
Quality Control
QCTO
Quality Committee for Trades and Occupations
QE
Qualifying Examinations
QMS
Quality Management Systems
QRM
Query Resolution Management
R
RAMS
Representative Association of Medical Schemes
RCA(A)
Representative Council for Accountants (and Auditors)
RDPF
Reconstruction and Development Programme Fund
RFI
Request for Information
RFP
Request for Proposal
RMB
Rand Merchant Bank
ROI
Return on Investment
ROSC
Report on the Observance of Standards and Codes
RPL
Recognition of Prior Learning
RSS
Really Simple Syndication
S
SAA
South African Airways
SAAA
Southern African Accounting Association
SAACE
South African Association of Consulting Engineers
SAAPS
South African Auditing Practice Statements
SAAU
South African Agricultural Union
SABC
South African Broadcasting Corporation
SAC
Standards Advisory Council
SACCI
South African Chamber of Commerce and Industries
SACOB
South African Chamber of Business
SADC
Southern African Development Community
SADCOSAI
South African Development Community of Supreme Auditing Institutions
SAF
South African Foundation
SAFCEC
South African Federation of Civil Engineering Contractors
SAI
Supreme Audit Institution
SAIA
South African Institute of Accountants
SAIBA
South African Institute of Business Accountants
SAICA
South African Institute of Chartered Accountants
SAICSA
South African Institute of Chartered Secretaries and Administrators
SAIFM
South Africa Institute of Financial Markets
SAIGA
South African Institute of Government Auditors
SAIM
South African Institute of Management
SAIP
South African Institute of Printing
SAIPA
South African Institute of Professional Accountants
(previously CFA’s)
SAIT
South African Institute of Tax Practitioners
SAJAR
South African Journal of Accounting Research
SALGA
South African Local Government Association
SAMAF
South African Micro-Finance Apex Fund
SAMF
South African Mathematics Foundation
SAPIA
South African Petroleum Industry Association
SAPO
South African Post Office
SAPOA
South African Property Owners Association
SAQA
South African Qualifications Authority
SARB
South African Reserve Bank
SARS
South African Revenue Service
SASMEF
South African Small and Medium Enterprise Federation
SCCL
Specialist Committee on Corporate Law
SCET
Standing Committee for Education and Training
(for the IRC)
SCG
Strategic Cash Grant
SCOPA
Standing Committee on Public Accountants
SDA
Skills Development Act, 1998 (Act No 97 of 1998)
SDBIP
Service Delivery and Budget Implementation Plan
SDF
Skills  Development Facilitator
SDL
Skills Development Levy
SDLA
Skills Development Levies Act, 1999 (Act No 9 of 1999)
SEC
Securities Exchange Commission
SED
Socio-Economic Development
SEDA
Small Enterprise Development Agency
SEFA
Small Enterprise Finance Agency
SEIFSA
Steel and Engineering Industries Federation of South Africa
SETA
Sector Education and Training Authority
SGB
Standards Generating Body
SGM
Special General Meeting
SHAWCO
Student Health and Welfares Organisation
SIC
Standard Industrial Classification
SIPA
School of International and Public Affairs
SLA
Service Level Agreement
SMEs
Small and Medium Entities
SMEGA
Small and Medium-sized Enterprises
SMEIG
Small and Medium Entity Implementation Group
SMMEs
Small, Medium and Micro Enterprises
SMO
Statements of Membership Obligations
SMP
Small and Medium Practice/s
SMPC
Small and Medium Practices Committee
SMREA
Sugar Manufacturers and Refiners Employers Association
SMS
Seta Management System
SOC
Standard Occupational Classification
SOCPA
Serious Organised Crime and Police Act
SOW
Statement of Work
SPF
Senior Partners Forum
SPOC
Single Point of Contact
SSA
Support Services Agreement
SSC
Shared Services Centre
SSI
Special Skills Initiative
STATS SA
Statistics South Africa
STC
Secondary Tax on Companies
STI
Short Term Incentive
STT
Securities Transfer Tax
SWOT
Strengths, Weaknesses, Opportunities and Threats
T
TAC
Transnational Auditors Committee
TBF
Thuthuka Bursary Fund
(SAICA entity)
TCC
Tax Clearance Certificate
TCMS
Training Contract Management System
(for SAICA trainees)
TCOE
Total Cost of Employment
TEUF
Thuthuka Education Upliftment Fund
(SAICA entity)
THF
The Hope Factory
(SAICA entity)
TIPP
Training Inside Public Practice
TM
Trademark ™
TOPP
Training Outside Public Practice
TOR
Terms of Reference
TR
Treasury Regulations
TRO
Training Room Online
U
UICM
United Institute of Credit Management
UIF
Unemployment Insurance Fund
UJ
University of Johannesburg
UKZN
University of Kwazulu Natal
UMALUSI
Further Education Quality Council
UNISA
University of South Africa
UP
University of Pretoria
(commonly referred to as Tuks)
USB
University of Stellenbosch Business School
USP
Unique Selling Points
UWC
University of the Western Cape
UZ
University of Zululand
V
VAT
Value Added Tax
VC
Video Conferencing
VLE
Virtual Learning Environment
W
WITS
University of Witwatersrand
WSP
Workplace Skills Plan
WSPIG
Workplace Skills Plan Implementation Grant/Report (ATR)
WSU
Walter Sisulu University
X
XAC
XBRL Advisory Council
XBRL
Extensible Business Reporting Language (South Africa & International)
XML
Extensible Mark-up Language
 XQRT
XBRL Quality Review Team
Y
Z
 
 

 

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