Book 1 - Hola MaHigh-School - June 2022

Understanding Accounting Industry Bodies
An accounting industry body, also known as a professional accounting
organization (PAO), is an association of accountants in a specific area of
jurisdiction, e.g., Institute for Chartered Accountants of Namibia, Lesotho
Institute of Accountants, Eswatini Institute of Accountants, etc. Usually, a
person needs to be a member of such an association in order to be recognized
as an accountant in that particular jurisdiction.
In numerous cases, under a contractual
agreement between industry bodies, a
person can simultaneously be a member
of more than one accounting body.
This then allows you to migrate to
other countries and still be employed
as an accountant.
The goal of a PAO is to produce and maintain the competency of professional
accountants by providing examinations and ongoing accountancy
development and training.
Becoming a member of the right accounting body
Each accounting body produces a set of accountants with specific skills
and expertise. Therefore, when choosing a professional accounting body,
you should consider various things including your personality and what
you enjoy doing.