How to become Certified Public Accountant in Zimbabwe : CPA(Z)

The Institute of Certified Public Accountants of Zimbabwe abbreviated as ICPAZ was incorporated as a Company in 1984 as the Zimbabwe Institute of Public Finance and Accountancy (ZIPFA) and subsequently changed its name in May 2007 to its current name. ICPAZ is independent of Government control and, like all other accounting bodies in Zimbabwe, is a member of the local Public Accountants and Auditors Board which oversees all accounting and auditing bodies in the country. The Institute is also a member of the Pan African Federation of Accountants (PAFA). PAAB and its member bodies adopt IFAC Code of Ethics and ICPAZ, therefore has no direct responsibility for establishing its own code of ethics. ICPAZ is based in Zimbabwe. The official language of Zimbabwe is English. ICPAZ examinations are conducted in the English language. ICPAZ is one of the constituent bodies of the Public Accountants and Auditors Board (PAAB). PAAB was founded by an Act of Parliament, Act 13/1995, Chapter 27:12; PAAB is the only setter of Accounting and Auditing Standards in Zimbabwe and it is also the only authority that issues practising rights.


Entry Qualifications

Formation 1 – 5 O Level subjects including English Language and Mathematics/Accounts,  Formation 2 – 2 A Level subjects including or National Diploma in Accounting, Professional 1 – Bachelor’s Degree in Accounting & Professional 2 – Masters Degree in Accounting

Duration

Formation 1 and Formation 2 minimum of 1 year, Professional 1 and Professional 2 minimum of 1 year

Exam Month: April and August

Formation Level

Formation 1

Paper 1 - Management in Organisation, Paper 2 - Economics and Business Planning

Paper 3 - Business Law and Professional Ethics

Formation 2

Paper 1 - Management Accounting, Paper 2 - Financial Accounting, Paper 3 - Information Systems &Paper 4 - Taxation

 Professional Level

Professional 1

Paper 1 - Managerial Finance, Paper 2 - Corporate Reporting, Paper 3 - Corporate Laws and Governance & Paper 4 - Auditing

Professional 2 (Select only 4 papers)

Paper 1 - Strategic and Leadership (Mandatory), Paper 2 - Audit Practice and Assurance Services (Elective), Paper 3 - Advanced Corporate Reporting (Mandatory), Paper 4 - Strategic Corporate finance (Elective), Paper 5 - Strategic Performance Management (Elective) & Paper 6 - Advanced Taxation (Mandatory)

ICPAZ Local Office

info@cpazimbabwe.co.zw - The Institute General Enquiries

Institute Administrator : admin@cpazimbabwe.co.zw

Physical Address

Unit 6, Cambitzis Building Corner King George/Kenny Roads, Avondale, Harare

Contact on Mobile +263786653889 / +263775330889

Landlines 0242 302867 / 302877

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