In order to comply with the Education and Training Policy, which requires that after every five years, the ZiCA qualifications should be reviewed to ensure that they are in line with current business and environmental changes.
In order to comply with the Education and Training Policy, which requires that after every five years, the ZiCA qualifications should be reviewed to ensure that they are in line with current business and environmental changes.
Yes, the current ZiCA Accountancy programme has been split into two: Chartered Accountant Zambia (CA Zambia) and Diploma in Accounting.
The CA Zambia Programme will have three levels, with 6 modules at Knowledge level, 5 modules at Application level and 3 compulsory subjects plus 2 optional subjects from a choice of three routes, Public Practice, Business, and Public Sector at Advisory level.
The Diploma in Accounting Programme will have two levels with seven (7) modules or papers in level one and five (5) modules or papers in level two.
Under the CA Zambia and Diploma in Accounting Programmes, candidates will be certified at the end of the programme and therefore there will be no certification at each level. For the CA Zambia qualification, candidates should note that the certificate will only be awarded upon completion of both the examinations and practical training components.
The CA qualification has three levels and therefore candidates can enter into the programme at each of these levels
The minimum entry requirements for the Diploma in Accounting are as follows: i) School Leavers: Full School Certificate or its equivalent with five credits or better in English, Mathematics and three other subjects. ii) Non School Leavers: Holders of any other recognised qualifications approved by the Institute.
The CA Zambia and Diploma in Accounting will take effect from July 2017 for tuition and studying.
The first examination for CA Zambia and Diploma in Accounting will be held in December 2017
Students on the current programme at Technician and Licentiate levels will be switched to the CA Zambia and Diploma in Accounting depending on the subjects they have already passed. Those students at Technician and Licentiate levels who meet the direct entry requirements into CA Zambia will be given an option to switch to CA Zambia directly or go through the Diploma in Accounting route. For those at Professional level, they will automatically be moved to the CA Zambia programme. Download conversion document here.
Two exemptions – 2.2 Management Accounting and 2.4 Taxation.
The status of both the ZICA professional graduates and CA Zambia will be the same in terms of recognition and equivalence. It must be noted that the CA Zambia status will not be granted automatically. CA Zambia graduates will be required to attain the mandatory 3 year practical experience, which is also a requirement for ZiCA professional graduates.
No, students who have already passed examinations in the subjects whose content has changed will not be required to sit examinations in those subjects.
There will be two (2) examinations sessions each year, in June and December.
Yes, there has been changes on the due date for subscription from 31st March to 1st January each year. For June examination session, the due date for new registrations/re-registrations, and examinations has changed to 28th February and 31st March respectively. The table below shows the new due dates.
The students will maintain the exemptions provided they pay for them by 30th June, 2017. Exemptions that will not be paid for by 30th June 2017 will be forfeited and students will have to re-apply.
Accountants Park, Plot No. 2374/a,
Thabo Mbeki Road, Lusaka.