SAIPA is the second largest accounting institute in South Africa, boasting a membership of more than 6000 members.
SAIPA is a full member of the International Federation of Accountants (IFAC) as well as the Eastern, Central and southern African Federation of Accountants (ECSAFA).
SAIPA is a Recognised Representative Body and as such can consider compliance officer and financial service provider application in terms of the Financial and Intermediary Services Act.
SAIPA Members Handbook provides for a Code of Conduct, the Constitution and By-laws. This includes comprehensive investigation and disciplinary procedures.
SAIPA qualifications are nationally recognised at Level Seven by the National Qualifications Framework (NQF) in terms of the South African Qualifications Authority (SAQA).
SAIPA is one of the Professional Accountancy Institutes in South Africa that sets mandatory requirements for its members with regards to Continuing Professional Education (CPE) and subscription to Professional Indemnity (PI) insurance.
SAIPA members can perform certain functions and issue certain reports in terms of the Micro lending industry regulations, Sectional Titles Act, Non Profit Organisations Act, Schools Act as well as the Close Corporations Act.
SAIPA practising members are recognised by certain Masters of the Supreme Court as Executors of Deceased Estates and Administrators of Insolvent Estates.
SAIPA members are recognised as Commissioners of Oaths.