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Kenya and South Africa sign agreement of mutual recognition of their designations

The South African Institute of Chartered Accountants (SAICA) and the Institute of Certified Public Accountants of Kenya (ICPAK) have signed a Memorandum of Recognition (MoR) to ensure their designations are mutually recognised at the same level by the two institutes. 

According to SAICA’s project director, Adri Kleinhans, the MoR will apply to members of both SAICA and ICPAK who have obtained their membership through completion of the required education, passing the exam and gaining the practical experiences set by the either of the two institutes. Members who have obtained their membership via other channels will not benefit from this MoR.

The MoR is effective from early June this year.

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