Institute of Chartered Accountants of Zimbabwe
Encyclopedia
The Institute of Chartered Accountants of Zimbabwe (ICAZ) is a professional accountancy
body in Zimbabwe
. It is the sole organization in Zimbabwe with the right to award the Chartered Accountant
designation.
ICAZ is a member of the International Federation of Accountants
(ICAN).
ICAZ was a charter member of the Pan African Federation of Accountants
, which was inaugurated on 5 May 2011.
ICAZ is also a full member of the Eastern Central and Southern African Federation of Accountants.
In January 2010, 134 candidates to become chartered accountants passed part one of the Qualifying Examinations. With 216 students sitting the examination, the pass rate was 62%.
On 28 June 2011 ICAZ hosted a one-day tax conference in Harare
with focus on taxpayers' rights to tax privacy, customs valuation of goods and international commercial terms.
Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in...
body in Zimbabwe
Zimbabwe
Zimbabwe is a landlocked country located in the southern part of the African continent, between the Zambezi and Limpopo rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia and a tip of Namibia to the northwest and Mozambique to the east. Zimbabwe has three...
. It is the sole organization in Zimbabwe with the right to award the Chartered Accountant
Chartered Accountant
Chartered Accountants were the first accountants to form a professional body, initially established in Britain in 1854. The Edinburgh Society of Accountants , the Glasgow Institute of Accountants and Actuaries and the Aberdeen Society of Accountants were each granted a royal charter almost from...
designation.
ICAZ is a member of the International Federation of Accountants
International Federation of Accountants
International Federation of Accountants is the global organization for the accountancy profession. IFAC has 164 member and associates in 124 countries and jurisdictions, representing more than 2.5 million accountants employed in public practice, industry and commerce, government, and academe...
(ICAN).
ICAZ was a charter member of the Pan African Federation of Accountants
Pan African Federation of Accountants
The Pan African Federation of Accountants is the regional body that is aimed to represent African professional accountants with one and louder voice, particularly in relating with International Federation of Accountants...
, which was inaugurated on 5 May 2011.
ICAZ is also a full member of the Eastern Central and Southern African Federation of Accountants.
In January 2010, 134 candidates to become chartered accountants passed part one of the Qualifying Examinations. With 216 students sitting the examination, the pass rate was 62%.
On 28 June 2011 ICAZ hosted a one-day tax conference in Harare
Harare
Harare before 1982 known as Salisbury) is the largest city and capital of Zimbabwe. It has an estimated population of 1,600,000, with 2,800,000 in its metropolitan area . Administratively, Harare is an independent city equivalent to a province. It is Zimbabwe's largest city and its...
with focus on taxpayers' rights to tax privacy, customs valuation of goods and international commercial terms.