Accountants Park
Plot No. 2374/a
Thabo Mbeki Road, Lusaka
membership@zica.co.zm
education@zica.co.zm
(+260) 211 374 550-9

any questions?


Is it true that ZICA will now start awarding Certificates at the various levels of CA Zambia Qualification?

Yes, ZICA will start awarding exit certifications at the various levels of CA Zambia following accreditation by the Zambia Qualifications Authority (ZAQA) as follows;  

Qualification Level on ZQF Qualification Type/Equivalence
CA Certificate in Accountancy Level 4 Certificate
CA Application Advanced Diploma in Accountancy Level 7 Degree
CA Advisory Professional in Accountancy Level 9 Master’s Degree
 

Which students are eligible to be awarded the CA Zambia exit certificates?

All students who completed the various levels of the CA Zambia Examinations component from December 2017 will be eligible to be awarded the certificates.

When will the certificates be awarded to the CA Zambia students?

The graduation is set for the 3rd quarter of this year because the Institute has to put in place logistics for the graduation to take place; this includes procurement processes for the new certificates and gowns. Depending on the Covid-19 prevalence in the country, the Institute will advise on whether it will be a physical or virtual graduation ceremony. Transcripts will be availed to all eligible students as soon as the graduate lists are ready.

What type of certificates will be awarded to students who completed the examinations component of CA Zambia in the previous examinations?

Answer: The following are the new names for the exit certifications;

  1. CA Certificate in Accountancy (ZQF Level 4);
  2. CA Application Advanced Diploma in Accountancy (ZQF Level 7); and
  3. CA Advisory Professional in Accountancy (ZQF Level 9).

Will the Diploma in Accountancy have a certification as well?

The Diploma in Accountancy is already being certified after completing all the levels (Level 1 and 2) and it is not affected by the new certifications because it is a standalone qualification.

How many courses make up each of the above new qualifications and what is the duration of each qualification?

The CA Certificate in Accountancy is a two (2) year programme comprising six (6) courses, 3 courses per year. The CA Application Advanced Diploma in Accountancy is a four (4) year programme comprising twelve (12) courses, 3 courses per year, whereas the CA Advisory Professional in Accountancy comprises four (4) courses and will take a minimum of one (1) year to complete. The duration for these certificates is in line with international requirements.  The programme structure of the qualification is as follows: Outline and Structure

Certificate in Accountancy CA Application Advanced Diploma in Accountancy CA Advisory Professional in Accountancy
1.1    Financial Accounting 1.2    Business Mathematics 1.3    Business Economics 1.4    Commercial and Corporate Law 1.5    Management Theory & Practice 1.6    Business Communication 2.1 Financial Reporting 2.2 Management Accounting 2.3 Audit 2.4 Taxation 2.5 Financial Management 3.3 Strategic Business Analysis 3.1 Advanced Financial Reporting 3.2 Advanced Audit & Assurance Choose any one of the following routes: Public Practice Route 3.4 Advanced Taxation 3.7 Public Sector Audits and Assurance Business Route 3.5 Advanced Management Accounting 3.6 Advanced Financial Management Public Sector Route 3.7 Public Sector Audits and Assurance 3.8 Public Sector Financial Management
Practical Training   3 years’ supervised practical training  

Can the names of the qualification be changed to ones compared to other Accounting qualifications?

The names of the qualifications have been approved and accredited by ZAQA. ZICA may make changes to the name during the curriculum review process.

Do students need to clear CA 3.3 before graduating at CA Application Advanced Diploma in Accountancy?

Yes, as submitted and accredited by ZAQA, to equate the Advanced Diploma to a Degree, one should have cleared CA Application level plus CA3.3