The Accountants Act requires all individuals holding accountancy qualifications to register with the Institute before being employment as accountancy professional. Once an individual is registered with the Institute, they have to keep their membership active by paying annual subscription fees approved by ZICA Council every first January of the year. Membership subscription is valid up to 31 December of each year. Employers and other stakeholders are encouraged to check validity of membership of individuals who claim to be members of ZICA on the list of valid members available in the download section. All individuals who claim to be accountants but do not appear on this list are holding out. In such a case, both the employee and the employer are liable to prosecution as per Section 18 of the Accountants Act of 2008.