Members of MIPA registered as Professional Accountant (PFA) can be employed as Professional Accountants and employed in different roles.
Registration of Professional Accountants
Section 51 (2) of the Act requires members of the following Accounting bodies to register with MIPA:
a) The Association of Chartered Certified Accountants (ACCA)
b) The Chartered Institute of Management Accountants (CIMA)
c) The institute of Chartered Accountants in England and Wales (ICAEW)
d) The Institute of Chartered Accountant s of Scotland (ICAS)
e) The Institute of Chartered Accountant of Ireland
f) The Institute of Chartered Accountant of India
g) The South African Institute of Chartered Accountants (SAICA)
h) The Association of International Accountants (AIA)
According to Section 51 (3) of the Act, any person who is a member of a professional accountancy body and who satisfies the requirements relating to qualifications and has a minimum of 3 years’ practical experience in the field of accountancy may apply to the MIPA to be registered as a Professional accountant (PFA).