Botswana Institute of Chartered Accountants
Member | Established: 1990 | Member since 1984
BICA was established in 1990 following the adoption of the Accountants Act 1988, which has subsequently been repealed and replaced by the Accountants Act 2010, as the body responsible for regulating the accountancy profession under the oversight of the Botswana Accountant Oversight Authority. The BICA is a mandatory membership organization comprising auditors, accountants, and firms. The institute’s responsibilities are to: (i) establish, develop, and implement the Botswana Professional Accountancy Qualification; (ii) establish and monitor compliance with initial professional development and continuing professional development requirements; (iii) oversee professional examinations; (iv) implement an quality assurance review system for Non-Audit Member Firms who are not Certified Auditors; (v) establish and publish of a Code of Ethics in line with the IESBA’s Code of Ethics for Professional Accountants; (vi) investigate and discipline members for professional misconduct; and (vii) maintain registers of professional accountants, distinguishing between practicing certificate and non-practicing certificate holders, and member firms.
In addition to being a member of IFAC, BICA is a member of the Pan African Federation of Accountants.
Statements of Membership Obligation (SMO)
The Statements of Membership Obligations form the basis of the IFAC Member Compliance Program. They serve as a framework for credible and high-quality professional accountancy organizations focused on serving the public interest by adopting, or otherwise incorporating, and supporting implementation of international standards and maintaining adequate enforcement mechanisms to ensure the professional behavior of their individual members.
Methodology
Last
updated: 11/2022
We welcome feedback. Please email membership@ifac.org
Status of Fulfillment by SMO
Disclaimer
IFAC bears no responsibility for the information provided in the SMO Action Plans prepared by IFAC member organizations. Please see our full Disclaimer for additional information.
Contact
Plot 50676, Block B, Second Floor
Fairground Office Park, Private Bag 0021
Gaborone
Botswana
Tel: 267 - 3972992
Fax: 267 - 3972982
dmajinda@bia.org.bw
http://www.bia.org.bw