Knowledge Centre
Accounting for NPO’s
1. What You Need to Know
Non-profit organisations (NPOs) play a critical role in civil society and need sound financial oversight. CIBA is officially recognised under the NPO Act (No. 71 of 1997) to authorise members to act as accounting officers for registered non-profits.
Non-profits can take various legal forms:
Voluntary associations under common law,
Non-profit trusts under the Trust Property Control Act, or
Non-profit companies (NPCs) under the Companies Act.
Each structure comes with its own reporting and compliance requirements. With this licence, you’ll be equipped to provide financial oversight across all types of NPOs.
2. Why It Matters to You
This licence opens a specialised, in-demand service area:
Offer accounting officer services for NPOs, NPCs and public schools.
Assist NPOs navigate complex compliance requirements for the Department of Social Development and SARS.
Expand your practice into a values-driven, socially impactful sector.
Position yourself as a trusted advisor in the growing non-profit space.
3. Legal and Professional Frameworks
Legislation
Nonprofit-Organisations Act, 1997
Trust Property Control Act (1988)
Income Tax Act (Public Benefit Organisations provisions)
Frameworks and Standards
International Financial Reporting Standards (IFRS)
International Financial Reporting Standards for Small and Medium Entities (IFRS for SMEs)
ISRS4410 IFAC Standards on Compilation Engagements
IFAC SMPC Guide to Compilation Engagements
ISRS4400 Revised Agreed Upon Procedures
CIBA Guides and Templates
CIBA Non-Profit Organisations Guide
4. Key Areas of Competence
Accounting and financial reporting for NPOs
Tax compliance and exemption rules
Governance, risk, and internal control practices
Planning and delivering audit or review engagements
Filing requirements with SARS and the Department of Social Development
5. How to Apply
To apply for the NPO Accounting Licence:
Hold a BAP(SA) designation
Complete the full NPO licence training programme
Apply through the CIBA Licensing Portal
Stay up to date with CPD and compliance obligations
License Curriculum Includes:
Introduction to Non-profit Entities
Financial Reporting & Tax Compliance
Governance & Assurance
Audit Planning, Evidence, and Completion
Going Concern & Reporting Standards.
6. Common Mistakes to Avoid
Applying one-size-fits-all financial reporting, know the entity type and legal requirements
Failing to meet filing deadlines with the Department of Social Development or SARS
Overlooking income tax risks on unrelated business activities
Ignoring governance requirements or board expectations
Not communicating clearly with clients about engagement scope and responsibilities.
7. Need Help?
Any assistance required for technical enquiries, membership related queries, access to the system you need to log into your member profile and: