Employment at an Approved Training Centre (ATC): The trainee should secure employment at an Accounting Firm that is registered with SAIPA as an Approved Training Centre (ATC). A list of available learnership positions can be accessed on the SAIPA website. Alternatively, you may directly approach ATCs to explore potential employment opportunities. Follow this link for a full list of ATCs
- Educational Requirements: The trainee must be pursuing or have completed a BCom Degree in Accounting from a recognized university. The degree program should encompass the following core subjects:
- Financial Accounting 3
- Taxation 1
- Auditing 1 or Internal Auditing 2 or Internal Control and Code of Ethics
- Corporate Law 1 or Commercial Law 2
- Management Accounting or Financial Management
- Learnership Duration: The Learnership spans three (3) years. Upon the completion of this period, along with the fulfilment of academic requirements, trainee accountants must undergo the Professional Evaluation (PE) to qualify for full membership.
- Documents for PE Registration: To register for the Professional Evaluation (PE), the following documents are essential:
- Certified copy of the degree or academic record
- Certified copy of your ID
- Employment contract
- Proof of payment for administration fees
- Submission of Learnership Agreement: It’s the responsibility of the ATC to submit the signed learnership agreement to FASSET within thirty (30) days from the agreement’s signing date.
Ensuring that these criteria are met will set you on the path to becoming a successful trainee accountant.