The Institute of Accounting and Commerce (IAC) is a Recognised Controlling Body for Accounting Professionals, Tax and Business Rescue Practitioners based in South Africa and is a registered professional body under the National Qualifications Framework Act, 2008. The Institute regularly publishes articles in various publications and distributes a journal to members
Maps, Directions, and Place Reviews
History
The Institute of Accounting and Commerce (IAC) was established in 1927 as a provider of distance learning education and a professional management institute. In 2009 the Institute changed to become a professional accounting membership body only and is registered in South Africa as a non-profit company (NPC) (Reg. No. 1981/011981/08).
In terms of section 60 of the close corporations act 69 of 1984, the IAC registers Accounting Officers , and since 2013 is also a Recognised Controlling Body with SARS for Tax Practitioners (in terms of section 240 of the tax administration act 28 of 2011). On the 21st October 2016 the IAC became a Registered Controlling Body for Business Rescue Practitioners (in terms of Section 138 of the Companies Act 71 of 2008).
Distance Learning Accounting Video
Associated organizations
The IAC is a member of the Pan African Federation of Accountants (PAFA)
Source of the article : Wikipedia
EmoticonEmoticon