ICSAZ admitted into international accounting federation

CONSTANTINE CHAGONDA

MASVINGO -The Institute of Chartered Secretaries and Administrators in Zimbabwe (ICSAZ) has been admitted as the second Zimbabwean associate member of the internationally acclaimed International Federation of Accountants (IFAC).

A press statement released by MHPR Public Relations Consultants dated November 11, 2020 in possession of The Mirror confirms the development.

Bouncing ball

The presser states that the institute was admitted after a recommendation was made by the IFAC board in September to admit ICSAZ as an associate member. IFAC has associate members and regular members.

IFAC has more than 175 members and associate member organisations in 130 countries and jurisdictions, together representing nearly 3 million professional accountants. IFAC requirements for membership include the adoption of international standards and support for their implementation.

The Institute of Chartered Accountants of Zimbabwe was until now the only Zimbabwean associate member.

 ICSAZ CEO Dr Lovemore Gomera said he was delighted that the institute’s application for membership had been accepted.

“It has long been our wish to become members of IFAC, the international accountancy body. Our admission as a member of IFAC is a significant milestone for ICSAZ and confirms our place within the accountancy profession.

“ICSAZ as a division is unique within the global Chartered Governance Institute (CGI) in producing chartered governance professionals who are also professional accountants. Our members are able to register as public accountants with the Public Accountants and Auditors Board (PAAB), a body on which ICSAZ is also represented,” said Dr Gomera. https://masvingomirror.com

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