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"We develop people to become successful business accountants"

Awarding designations of the highest quality that give relevance, credibility, and higher income potential, within the finance department.

The steps toward earning our designations can be summarized in the following formula:

Membership + Qualifications + Experience + Competency Assessment = Designations

Use the diagram below to identify the designation that best aligns to your job level and role:

LEVEL >> ROLE >> << DESIGNATION APPLY NOW
Strategic Financial executive Chartered Chief Financial Officer Click here
Management Financial manager Chartered Financial Manager Click here
Operational Financial accountant Chartered Business Accountant - Commerce Click here
Administration Financial administrator Chartered Financial Administrator Click here
Support Bookkeeper Chartered Bookkeeper Click here
Practice Accountant in Practice Chartered Business Accountant - Practice Click here

As CIBA expands globally and accounting principles remain universal, CIBA has defined its designations to reflect this international reach, ensuring broader recognition and greater professional mobility beyond South Africa.


Our designations have been carefully researched and aligned to industry norms and regulations. Each designation is based on a set of competencies that reflect the expertise required for each level within the finance department.

Choose the designation that fits your career stage

Chartered Business Accountant - Commerce (CBAC)

CBAC - A designation for finance operational roles

The CBAC is relevant to you if you have experience in performing various operational functions within the finance department. The CBAC designation will demonstrate your operational abilities to future employers.

Typical operation roles performed by a CBAC

Bookkeeper, Assistant accountant, Accountant, Assessors, Finance adminstrator, Payroll administrator, Tax accountant, Budget analyst, Bank manager, Cost estimator, Financial analyst, Insurance underwriters, Loan officer, Mortgage advisor, Personal bankers.

The job descriptions associated with a CBAC

There are a variety of job descriptions associated with the CBAC designation. This short summary explains more about what is expected of a CBAC within the finance department

The earning potential associated with a CBAC

A CBAC, when performing work as an accountant can earn on average R303 457 p.a. Click here to learn more about the Average Accountant Salary in South Africa. (R306 457 in 2020).

Read more

Click here to read more and apply for the designation

Chartered Financial Manager (CFM)

CFM - A designation for finance management roles

The CFM is relevant to you if you have experience in performing various financial management functions within the finance department. The CFM designation will demonstrate your management abilities to future employers.

Typical management roles performed by a CFM

Financial manager, Finance Controller, Credit Controller, Comptroller, Corporate Controller, Finance lawyer, Commercial lawyer, Investment bankers, Relationship manager, Relationship banker, Procurement Manager, Treasury Analyst.

The job descriptions associated with a CFM

There are a variety of job descriptions associated with the CFM designation. This short summary explains more about what is expected of a CFM within the finance department/

The earning potential associated with a CFM

A CFM, when performing work as a financial manager can earn on average R 534 810 p.a. Click here to learn more about the Average Financial Manager Salary in South Africa (R 534 810 in 2020)

Read more

Click here to read more and apply for the designation

Chartered Chief Financial Officer (CCFO)

CCFO - A designation for finance strategy roles

The CCFO is relevant to you if you have experience in performing various finance executive functions within the finance department. The CCFO designation will demonstrate your leadership abilities to future employers.

Typical leadership roles performed by a CCFO:

Chief Financial Officer, Finance Director, Finance Executive, Head of Finance, Chief Accountant.

The job descriptions associated with a CCFO

There are a variety of job descriptions associated with the CCFO designation. This short summary explains more about what is expected of a CCFO within the Finance Department

The earning potential associated with a CCFO

A CCFO, when performing work as an accountant can earn on average R1 200 934 p.a. Click here to learn more about the Average CFO Salary in South Africa (R1 200 934 in 2020)

Read more

Click here to read more and apply for the designation

Chartered Business Accountant - Practice (CBAP)

CBAP - A designation for accountants in practice

The CBAP is relevant to you if you have experience in performing various outsourced accounting, tax and financial management functions for clients. The CBAP designation means you can manage the finance department for your small, medium, and large business clients.

Typical outsourced roles performed by a CBAP:

Accounting officer, Independent reviewer, Independent accounting professional, Bookkeeper, Payroll administrator, Tax administration, Tax planning, Budget preparer, Financial analyst, Business planning, Preparing financial statements, Assurance and non-assurance engagements, Business proposals, Due diligence, Quality reviews, Filing of statutory reports, Design and implementation of finance systems

The job descriptions associated with a CBAP

There are a variety of job descriptions associated with the CBAP designation. This short summary explains more about what is expected of a CBAP within the finance department

The earning potential associated with a CBAP

A CBAP, when performing work for clients can earn an average income of R600 000 p.a.

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Click here to read more and apply for the designation

Chartered bookkeeper, CBK

CBK - A designation for finance functional roles

The CBK is relevant to you if you have experience in performing various functional tasks within the finance department. The CBK designation will demonstrate your functional abilities to future employers.

Typical operation roles performed by a CBK

Accounting Clerk, Accounting Trainee, Assistant Accountant.

The job descriptions associated with a CBK

There are a variety of job descriptions associated with the CBK designation. This short summary explains more about what is expected of a CBK within the finance department.

The earning potential associated with a CBK

A CBK, when performing work as an accountant can earn on average R202,975 p.a. Click here to learn more about the Average Bookkeeper Salary in South Africa.

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Click here to read more and apply for the designation

Chartered Financial Administrator, CFAdmin

CFAdmin - A designation for finance administrative role

The CFAdmin is relevant to you if you have experience in performing various administrative tasks within the finance department. The CFAdmin designation will demonstrate your administrative abilities to future employers.

Typical operation roles performed by a CFAdmin

Senior bookkeeper, Accountant, Full service bookkeeper

The job descriptions associated with a CFAdmin

There are a variety of job descriptions associated with the CFAdmin designation. This short summary explains more about what is expected of a CFAdmin within the finance department.

The earning potential associated with a CFAdmin

A CFAdmin, when performing work as an accountant, can earn an average of R273,041 p.a. Click here to learn more about the Average Financial Administrator Salary in South Africa

Read more

Click here to read more and apply for the designation

Pathway to earning a designation

The diagram below illustrates a pathway to obtaining your relevant CIBA designations. It includes the entry points, required qualifications and experience, as well as the type of competency tests required. Figure 1 is the pathway for employed accountants. Figure 2 is the pathway for self-employed accountants

Fig 1: CIBA Designation Pathway