Knowledge Centre

Chartered Business Accountant in Practice 

The Chartered Business Accountant in Practice designation gives you independence, authority, and trust — empowering you to run your own practice, sign off as an Accounting Officer, and guide SMEs toward survival and growth.

1. What It Is

The Chartered Business Accountant in Practice (CBAP) designation recognises accountants who have demonstrated competence to operate independently at an operational level.

It gives you:

  • Legal recognition as an Accounting Officer under the Close Corporations Act

  • The authority to open and run your own accounting practice

  • The credibility to guide small and medium-sized businesses through compliance, tax, and advisory

    Unlike generic auditors who only enforce rules, CBAPs help SMEs navigate risks, adapt to realities, and contribute to GDP growth.

2. Requirements

To qualify for the Chartered Business Accountant in Practice designation you need:

  • NQF Level 7 qualification (or equivalent)

  • 4 years relevant operational-level experience

  • Successful completion of an interview assessment with CIBA

3. Why It Matters to You

  • Independence: You can own and operate your own firm.

  • Authority: You can sign off as an Accounting Officer for close corporations.

  • Revenue potential: CBAPs can charge more by offering compliance, tax, and advisory services.

  • Trusted SME advisor: You help small businesses survive and grow — keeping the economy moving forward.

4. Key Rules, Standards, or Requirements

  • Registered on the SAQA database.

  • Recognised as an Accounting Officer under the Close Corporations Act.

  • Must adhere to CIBA’s professional code of ethics.

  • Requires annual CPDand compliance declarations

5. How to Apply

  • Check eligibility — NQF 7 qualification + 4 years operational experience.

  • Apply — submit your application through CIBA’s membership system.

  • Interview — attend a readiness interview.

  • Awarded — once approved, you may use the CBAP title and act as an Accounting Officer.

6. Maintaining Your Designation

To keep your Chartered Business Accountant in Practice status active, you must:

  • Ensure that your fees are up to date

  • Complete annual CPD in line with CIBA’s CPD policy.

  • Submit your annual compliance and ethics declaration.

This ensures your practice stays credible, compliant, and competitive