Jinsi ya Kujisajili Bodi ya Taifa ya wahasibu na Wakaguzi wa Hesabu The National Board of Accountants and Auditors Tanzania (NBAA) is an institution that registers and manages Accountants and Auditors and regulates the Accounting profession in the country. NBAA was established by the Accountants and Auditors Act Chapter 286 as revised in 2002. The National Board of Accountants and Auditors is under the Ministry of Finance. The board was established in 1972 and began to do its official work from January 15, 1973.
Jinsi ya Kujisajili Bodi ya Taifa ya wahasibu na Wakaguzi wa Hesabu NBAA
Since its inception, NBAA has made a significant contribution to the development of the accounting profession in Tanzania, particularly in motivating, registering, setting standards and administration of examinations. NBAA strives to make a significant contribution to encouraging good governance through the development of the accounting profession in Tanzania.
The accounting profession plays an important role in stimulating business confidence and supporting economic growth. NBAA members make a significant contribution to influence the public and private sector as a professional body. NBAA also supports members and stakeholders through various services and provides a common voice for the profession.
PROCEDURE FOR REGISTRATION AND ADMISSION OF NEW MEMBERS
- Only holders of CPA(T) or its equivalent with at least 3 years practical experience may apply for membership with the Board.
- Most foreign accountancy qualifications from the International Federation of Accountants [IFAC] member bodies are currently recognized by the Board for purposes of examination entry and or membership with NBAA.
- The detailed registration formalities are now part of the 1997 NBAA Registration and Membership Bye-laws. Some of the registration procedures include:
- Filling and submission of an application form that is accompanied by application forms’ fee.
- Submission of original and one photocopy of professional and academic certificates.
- Submission of 2 recently-taken passport size photos of the applicant.
- Listing of at least 2 referees who are NBAA registered members.
- Payment of registration fee.
- Receipt of a letter of a “good standing” from the applicant’s professional institute.
VETTING CRITERIA FOR REGISTRATION & ADMISSION OF NEW MEMBERS
Kujiunga na NBAA The Board uses the following vetting criteria to register new members:
1. Certified Public Accountants in Public Practice – CPA-PPs
Qualifications
Only applicants with the CPA(T) professional qualifications or its equivalent will be registered in this category. Foreign applicants may be required to produce a practicing certificate from a recognized professional body of their country of origin or any other country from where his/her professional certificates were obtained.
Experience
The applicants must have had at least 3 years post-qualifying experience under the supervision of a Certified Public Accountant in Public Practice, or must hold a practicing certificate from recognized professional bodies elsewhere.
Referees
Three responsible persons including the employer to act as referees, two of whom must be professional accountants registered as Certified Public Accountant in Public Practice with NBAA who know the applicant professionally, and are able to vouch from personal knowledge of the applicant’s audit/accounting experience and character.
2. Certified Public Accountants – CPAs
Qualifications
Kujisajili na NBAA Only applicants with the CPA(T) professional qualifications or its equivalent will be registered in this category.
Experience
The applicants must have had at least 3 years post-qualifying experience.
Referees
- Three responsible persons including his/her employer to act as referees, two of whom must be professional accountants registered with NBAA as Certified Public Accountants/Certified Public Accountants in Public Practice who know the applicant professionally, and who are able to vouch from personal knowledge of the applicant’s accounting/auditing experience and character.
3. Accounting Technicians
- This category has been entrusted to the management for vetting. However, on vetting the management would be required to observe if the applicant has the following:
Qualifications
- Only applicants with ATEC qualifications or equivalent will be registered in this category.
Experience
- The applicants must have had had at least one year’s post-qualifying experience.
Referees
- Three responsible persons including the employer to act as referees, one of whom must have a CPA(T) professional qualification. Fore more visit Usajili wa Watahiniwa NBAA