The SAICA AGA(SA) Qualification
Why the AGA(SA)?
SAICA is uniquely positioned to offer a credible professional home for accountants at all levels of the economy. The AGA(SA) designation will formally recognise those individuals who have accredited qualifications, excellent hands-on training and an impeccable standard of ethics, and are therefore able to deliver the high-level accountable competencies that will contribute to responsible financial management in their organisations, whilst helping to make South Africa work.
What the experts say
According to the World Bank, SAICA is not only the largest professional accounting organisation in South Africa but ‘plays an instrumental role in thought-leadership initiatives that support protection of public interest and the growth of the accountancy profession in South Africa and at a global level’.
SAICA's CEO, Mr Terence Nombembe, says: ‘The decision to establish the AGA(SA) designation promises positive outcomes in a number of areas. Accountants who have completed a SAICA-accredited BCom and a SAICA training contract, as well as accounting students wanting to push their capabilities as far as possible, will be offered a professional home. Businesses and government departments looking for skilled accountants will reap the benefits.
The benefit factor
As an industry body, SAICA is responding to the implicit obligation to respond to calls made by its members, government and the private sector by helping to fill the gap with an existing group of already qualified people who should be recognised professionally for their quality. We are also working towards the vision outlined in the National Development Plan of a South Africa at work.
There are clear benefits for accountants who qualify as AGA(SA)s. Associate membership of SAICA, as part of an existing acknowledged designation and recognised professional body, will provide increased professional recognition. AGA(SA)s will also gain access to SAICA’s Continuous Professional Development programmes, as well as to work opportunities via SAICA’s Career Suite job portal (www.careersuite.co.za).
The inclusion of a significant number of accountants within SAICA will allow the Institute to make a tangible contribution to the national interest – developing capable and competent accounting specialists, promoting and enforcing strong professional and ethical standards, and acting as a resource for government and NGOs, as well as the private sector.
SAICA’s nation-building initiative is geared towards enhancing capacity in the land, and one such mechanism is the AGA(SA) mid-tier qualification, which will have far-reaching effects on the country, especially where it really counts - judicious financial management and reporting.