Introduction to IAC

The IAC is a Professional Accounting & Management Institute. Established in 1927, it is registered as a Section 21 company, Registration No. 1981/0011981/08. The Institute has applied to be registered as a Public Benefit Organisation (PBO) in terms of Section 30 of the Income tax Act. It is fully self-funded and conducts its business from its Head Office in Cape Town.

In terms of Section 60 of the Close Corporations Act, No. 69 of 1984, certain categories of members are allowed to register as Accounting Officers.

In terms of Section 6 of the Justice of the Peace and Commissioner of Oaths Act, No. 16 of 1963, all registered Accounting Officers with the Institute are ex-officio Commissioner of Oaths.

View the latest Informant (March 2010)- the regular IAC Newsletter (PDF File)

View Latest Legislative Updates (Vat Guide for Vendors, March 2009 )