ACCOUNTANTS AND AUDITORS (REGISTRATION) ACT -

CHAPTER 286
ACCOUNTANTS AND AUDITORS (REGISTRATION) ACT

[SUBSIDIARY LEGISLATION]

INDEX TO SUBSIDIARY LEGISLATION

BY-LAWS

National Board of Auditors and Accountants (Registration and Membership) By-laws

National Board of Auditors and Accountants (Practising) By-laws

Professional Accountants (Code of Conduct and Ethics) By-laws

National Board of Accountants and Auditors (Examinations and Training) By-laws

REGULATIONS

National Board of Auditors and Accountants (Practising) Regulations

BY-LAWS

THE NATIONAL BOARD OF AUDITORS AND ACCOUNTANTS (REGISTRATION AND MEMBERSHIP) BY-LAWS

TABLE OF CONTENTS

By-law

Title

1. Citation.

2. Interpretation.

3. Membership.

4. Applications for admission and registration.

5. Approved relevant accountancy or auditing experience.

6. Registration of Accounting Technicians.

7. Absentee members.

8. Membership Certificate.

9. Description and designatory letters.

10. Eligibility to membership.

11. Classification of existing members.

12. Register.

13. Reciprocal membership.

14. Membership fees.

15. Address and change of address.

16. Continuing professional education programmes.

17. Record and return forms.

18. Post qualification education.

19. Cessation of membership.

20. Re-admission.

21. De-registration of accounting technician.

22. Re-registration.

SCHEDULE

THE NATIONAL BOARD OF AUDITORS AND ACCOUNTANTS (REGISTRATION AND MEMBERSHIP) BY-LAWS

(Section 45)

[1st July, 1997]

G.N. No. 665 of 1997

1. Citation

These By-laws may be cited as the National Board of Auditors and Accountants (Registration and Membership) By-laws.

2. Interpretation

In these By-laws, unless the context otherwise requires–

“absentee member” means an accountant or auditor who is not ordinarily a resident in Tanzania and who is not working in Tanzania;

“Act” means the Accountants and Auditors (Registration) Act function a1(msg) { myWindow=window.open(”,”,’width=143,height=73,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}*;

“continuing professional education” means a post qualifying training programme for a registered NBAA resident or non-resident member and may include the attendance of any such member of technical workshops, accounting seminars examinations setting, or contributions to professional journals etc;

“service period” in relation to Graduate Accountants means a period of three years of relevant practical post qualification experience;

“work record book” means the record book of work experience of the Graduate Accountant issued by the Board.

3. Membership

(1) Any person on making an application in Form A set out in the Schedule to these By-laws, and upon payment to the Executive Director of the prescribed fees and has his application supported by the following appropriate references is eligible to be a member of the Board–

(a) if he is a holder of a Certified Public Accountant Certificate of Tanzania or its equivalent; and

(b) if he has the relevant accountancy or auditing work experience required by the Board.

(2) The Board may review the qualifications for membership from time to time.

(3) The Board shall have three classes of members, namely–

(a) fellow members;

(b) associate members; and

(4) Graduate members shall not have voting rights until they are admitted as full Associate members.

4. Applications for admission and registration

(1) Every application for membership and registration of any category of membership to the Board shall be accompanied by the following particulars, namely–

(a) certified copies of relevant certificates as evidence that the applicant has passed the relevant examination prescribed by the Board or the foreign examination considered equivalent by the Board;

(b) proof that the applicant has completed the prescribed period of relevant accountancy or auditing experience;

(d) applicant’s two recent passport size photographs;

(e) prescribed application fees.

(2) The work experience record book shall accompany the application for registration of a Graduate Accountant and by-law 4(1)(b) shall not apply in such case.

(3) Every person applying for membership–

(a) shall be required to sign an undertaking that upon admission to membership and as long as that person is a member, that person shall observe the provisions of the Act, By-laws, and other pronouncement in force;

(b) shall not use the designation or designatory letters after ceasing to be a member;

(c) shall satisfy the Board that he has attained the age of majority and is a fit and proper person for admission into membership of the Board.

5. Approved relevant accountancy or auditing experience

(1) The period of approved relevant accountancy or auditing experience of the applicant shall–

(a) be three years of continuous work in the relevant field under the supervision of a registered Certified Public Accountant or a registered Certified Public Accountant in Public Practice, as the case may be;

(b) be obtained after passing the Board’s final Certified Public Accountancy examinations, or their equivalent.

(2) Upon completion of the professional examinations the Board shall issue to the Graduate Accountant a work record book in which each Graduate Accountant shall record the nature of his practical experience.

6. Registration of Accounting Technicians

Any persons who have completed the final examinations of the Accounting Technicians or its equivalent and have completed one year approved accounting experience may apply for registration.

7. Absentee members

Any applicant who is not ordinarily a resident in Tanzania may be considered for admission as an absentee member of the Board.

8. Membership Certificate

Upon admission and registration as a member the Board shall issue an applicant with a membership certificate showing the membership classification and category of registration.

9. Description and designatory letters

An applicant who has been admitted into membership and registered with the Board may describe himself appropriately, as follows–

(a) a Fellow Member of the National Board of Accountants and Auditors and may use the designatory letters FCPA after his name;

(b) an Associate Member of the National Board of Accountants and Auditors and may use the designatory letters ACPA after his name.

10. Eligibility to membership

(1) An applicant shall be eligible for admission as an Associate member if the applicant satisfies the Board on the qualifications of admission and registration prescribed under by-laws 4 of these By-laws.

(2) An associate member shall be eligible for admission as a fellow member if he satisfies the Board that he has been–

(a) an associate member of the Board in good-standing for seven years prior his application for fellow membership and has made significant contribution to the development of such profession;

(b) a fellow in good standing of a recognised professional accountancy body; or

(c) an associate member in good standing of a recognised professional accountancy body for seven years prior to his application for fellow membership.

11. Classification of existing members

Upon the coming into operation of these By-laws, the existing registered members of the Board in good standing shall be classified into Fellows or Associate members as appropriate and be categorised accordingly.

12. Register

The Board shall compile annually a register of members and circulate the register to the members and any interested party.

13. Reciprocal membership

The Board may, in its absolute discretion admit to membership–

(a) any professional accountancy body of equivalent standing existing outside Tanzania;

(b) any person who is a foreigner upon passing two conversion papers in local taxation and company law and on such other terms as the Board may, from time to time, determine.

14. Membership fees

(1) Upon admission into membership, every member shall be required to pay an admission fee as may be fixed by the Board from time to time.

(2) Every member shall pay an annual subscription fee on the first day of January of each year.

(3) Every member in public practice shall pay an annual practising fee as prescribed by the Board from time to time.

15. Address and change of address

(1) The Executive Director shall send a demand not for payment of the annual subscription fee to each member at his last known address two months before the due date.

(2) It is the responsibility of a member to inform the Executive Director of any changes in his address.

16. Continuing professional education programmes

(1) Every registered member shall participate in continuing professional education programmes.

(2) Every Graduate Accountant shall attend a minimum of forty hours of continuing professional education annually during the three years of approved relevant practical experience before applying to be registered as either a Certified Public Accountant or a Certified Public Accountant in Public Practice.

(3) Every member whose practice covers audit, investigations, insolvency and receivership, investment and corporate financial advisory services shall attend at least sixty hours of continuing professional education every year.

(4) Every member who is not in practice and employed in any industry, commercial activity industries, commerce, training institution, non-governmental organisation, parastatal and any Ministry shall attend a minimum of forty hours of continuing professional education every year.

17. Record and return forms

The record and return of continuing professional education hours shall be made on prescribed forms and submitted to the Board at the end of each calendar year and such forms shall be considered as evidence of attendance to a course, workshop or seminar, as the case may be.

18. Post qualification education

Every accounting technician shall be required to attend a minimum of twenty hours of post-qualification education every year.

19. Cessation of membership

(1) A member of the Board shall cease to be a member upon the occurrence of any of the following, namely–

(a) annual subscription fees being in arrears for more than three months from the due date;

(b) on being declared bankrupt;

(d) on being declared to be medically unfit for continued membership;

(e) being guilty of a professional misconduct;

(f) on resignation; or

(g) on death.

(2) A list of members who membership has ceased shall be published in the Gazette from time to time and the publication shall be evidence of such cessation.

20. Re-admission

Any person who has ceased to be a member in accordance with by-law 19(1) may be re-admitted by the Board on such conditions as the Board may deem fit.

21. De-registration of accounting technician

(1) An accounting technician shall be de-registered on the occurrence of any of the following–

(a) annual subscription fees being in arrears for more than three months from the due date;

(b) on being declared bankrupt;

(d) on being declared to be medically unfit for continued registration with the Board;

(e) being guilty of a professional misconduct;

(f) on resignation; or

(g) on death.

(2) A list of registered accounting technicians who have been de-registered shall be published in the Gazette from time to time and the publication shall be evidence of de-registration of such accounting technicians.

22. Re-registration

An accounting technician who has been de-registered under by-law 21(1) may be re-registered by the Board on such terms as it may deem fit.

SCHEDULE

FORM A
APPLICATION FOR REGISTRATION AS AN ACCOUNTANT/
CERTIFIED PUBLIC ACCOUNTANT IN PUBLIC PRACTICE

THE NATIONAL BOARD OF AUDITORS AND ACCOUNTS BY-LAWS

(Please read guidance notes first and fill form using block capitals)

Please return this form to:
The Executive Director,
National Board of Accountants and Auditors,
P.O. Box 5128,
Dar es Salaam.

I, …………………………………………………………………………………………. hereby apply for registration as a Certified Public Accountant/Certified Public Accountant in Public Practice (See note 1).

SECTION I: PERSONAL PARTICULARS

1. Surname: …………………………………………………………………………………………..

2. First Name: ………………………………………………………………………………………..

3. Middle Names: ……………………………………………………………………………………

4. Sex: ………………………………………………………..

5. Date and Place of Birth: …………………………………………………………………………

6. Present Address: …………………………………………………………………………………
………………………………………………..	Tel. No. ………………………………………
7. Permanent Address: …………………………………………………………………………….. ……………………………………………………. Tel. No. ………………………………………

8. Country of Residence: …………………………………………………………………………..

9. Nationality: …………………………………………………………………………………………

10. Previous Nationality, if any: …………………………………………………………………….

11. Period of Residence in Tanzania: ……………………………………………………………..

12. Particulars of Previous Registration and/or refusal of registration ………………………
………………………………………………………………………………………………………..

13. Particulars of conviction of criminal offences and professional misconduct if any
(See note 2). ………………………………………………………………………………………
………………………………………………………………………………………………………..

PART II: ACADEMIC QUALIFICATIONS

14. (a) Particulars of Secondary and other institutions attended:

	School/College/Private Tuition attended	Date	Qualification(s) obtained with dates
	………………………….	………………………	………………………….
	………………………….	………………………	………………………….
	………………………….	………………………	………………………….
(b) Accounting Qualifications:
	………………………….	………………………	………………………….
	………………………….	………………………	………………………….
	………………………….	………………………	………………………….

PART III: EMPLOYMENT

15. Name and Address of Present Employer: ……………………………………………………
…………………………………………………………………………………………………………

16. Nature of Employer’s Business: ……………………………………………………………….
………………………………………………………………………………………………………..

17. Current Position held: ……………………………………………………………………………
………………………………………………………………………………………………………..

18. EXPERIENCE: Please give full details of your accounting experience during the last five years.

EXPERIENCE PARTICULARS

19. SUMMARY OF POSITIONS HELD WITH EMPLOYERS TO DATE
Please give details of previous and present appointments, starting with your present post, listing backwards:

FULL DETAILS OF POSITION HELD	NAME & ADDRESS OF EMPLOYER	DATE
FROM TO

20. REFEREES: Please give names and addresses of three responsible persons to act as your referees (two of whom must be professional accountants registered with NBAA who know you professionally), who are able to vouch for your personal knowledge of accounting experience and character.

Name	Address	Business or Profession
1. ………………………………	…………………………….	……………………………
………………………………	…………………………….	……………………………
………………………………	…………………………….	……………………………
2. ………………………………	…………………………….	……………………………
………………………………	…………………………….	……………………………
………………………………	…………………………….	……………………………
3. ………………………………	…………………………….	……………………………
………………………………	…………………………….	……………………………
………………………………	…………………………….	……………………………
21. I, …………………………………………………………………………………….. the applicant hereby declare that the information contained in this application is true and correct to the best of my knowledge and belief, and I undertake to be bound by the rules and regulations made by the Board for Professional Conduct and Ethics for Accounts.
Date: …………………………………..	Signature ……………………………………………….

FOR OFFICIAL USE

1. Date Application received: ………………………………………………………………………

2. Registration Fees received: …………………………………………………………………….

Receipt No.: ……………………………………………………………………………………….

3. Annual Subscription fees received T.Shs.: ………………………………………………….

4. Documentary evidence attached to the application consists of: ……………………….

………………………………………………………………………………………………………..

5. Executive Director’s comments: ………………………………………………………………
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..

THE NATIONAL BOARD OF AUDITORS AND ACCOUNTANTS (PRACTISING) BY-LAWS

(Section 45)

[1st July, 1997]

G.N. No. 666 of 1997

1. Citation

These By-laws may be cited as the National Board of Auditors and Accountants (Practising) By-laws.

2. Interpretation

In these By-laws unless the context otherwise requires–

“Act” means the Accountants and Auditors (Registration) Act function a2(msg) { myWindow=window.open(”,”,’width=152,height=78,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}*;

“partnership” means a form of business organization in which two or more persons go into business as co-owners to share profits and losses in accordance with the partnership agreement;

“public practice” means the practice or functions of an Accountant or Auditor at the disposal of the public for a consideration;

“I.A.S.C.” means the International Accounting Standards Committee;

“I.F.A.C.” means the International Federation of Accountants.

3. Eligibility for application of Certificate of Practice

(1) Any Certified Public Accountant with the required auditing experience may apply for a Certificate of Practice as set out in the Schedule to these By-laws.

(2) The Certificate of Practice shall be renewed on the first business day of January of each year:

Provided that upon renewal the applicant shall comply with the provisions of By-law 5.

4. Prohibition of practice

No person or firm shall practise as a certified Public Accountant in Public Practice unless that person or firm has been issued with a Certificate of Public Practice.

5. Issuance of Practising Certificate

(1) A person or firm applying for the issue or renewal of practising a certificate shall fulfil the following conditions, namely–

(a) undertake to take professional indemnity insurance cover equal to at least three times the latest annual turnover of the firm;

(b) observe and comply with the local auditing and accounting standards and guidelines or similar directives issued by the Board from time to time;

(c) in the absence of local auditing and accounting standards and guidelines, that person or firm shall be guided by the guidelines issued by I.F.A.C. and I.A.S.C.;

(d) undertake to maintain the quality of his knowledge, skills and service by participating in continuing professional education programmes as directed by the Board from time to time;

(e) strictly observe the code of ethics and conduct issued by the Board;

(f) make arrangements for the continuity of the practice in the event of death or incapacity;

(g) have a proper place of business with proper physical address.

(2) A successful applicant shall pay an annual practising fee as determined by the Board from time to time.

6. Registration practising firms

An application for registration of a practising firm shall be in Form A set out in the Schedule to these By-laws, and shall be reviewed by the Board from time to time.

7. Description of practising firms

Any firm of registered members in public practice that has been duly registered shall be entitled to describe itself as Certified Public accountants or Certified Public Accountant in Public Practice, as the case may be.

8. Condition of partnership

No registered member in public practice shall go into partnership with a member who is not registered.

9. Annual audit fee

Any firm registered by the Board in public practice shall pay an annual audit fee as prescribed by the Board from time to time.

10. De-registration of practising firms

Registration of a practising firm shall cease on the occurrence of any of the following, namely–

(a) where the firm is convicted in a court of law for a criminal offence;

(b) where the actions of the firm’s partners constitute a breach of professional conduct or ethics;

(d) failure of the firm to pay the annual firm fees;

(e) failure of the firm to comply with the Accounting Standards and Guidelines issued by the Board, I.F.A.C. or I.A.S.C. from time to time;

(f) failure of the firm to keep proper book of accounts as required by law and to pay the required tax to the Government;

(g) failure of the firm to maintain good quality work for its clients; or

(h) failure of the firm to participate in continuing professional programmes.

SCHEDULE

FORM A
APPLICATION FOR REGISTRATION OF AUDIT FIRMS

THE NATIONAL BOARD OF AUDITORS AND ACCOUNTANTS
(NBAA)

	N. I. C. Investment House, Samora Avenue, P.O. Box 5128 Dar es Salaam
NBAA/CF/RMC. I/IV	Clearance Certificate ……………….

This is to certify that M/s …………………………………………………………………………………
of P.O. Box ……………………………………………………………………………………………………..
have duly filed their application with the Board in accordance with requirements of the Accountants and Auditors (Registration) Act function a3(msg) { myWindow=window.open(”,”,’width=155,height=69,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}* and are eligible to practise in Tanzania.

We have no hesitation in recommending their application for issue of a trading licence and/or certificate of incorporation/registration function a4(msg) { myWindow=window.open(”,”,’width=233,height=64,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}1 as a partnership firm.

Give under seal of the Board on this ……………………. day of ……………………. 20……..

……………………………………………..
Executive Director

AUDIT FIRM CLEARANCE CERTIFICATE

THE NATIONAL BOARD OF AUDITORS AND ACCOUNTS BY-LAWS

(By-law 6)

(Please use block capital letters only. Read notes before filling form.)

This form should be returned to:

The Executive Director,
National Board of Accountants and Auditors,
P.O. Box 5128
Dar es Salaam

Section I: Personal Particulars:

1. Name of the Firm: …………………………………………………………………………………

2. Date of Registration (if applicable): ……………………………………………………………

3. Business Name Registration No. (if applicable): …………………………………………..

4. Mailing Address: ………………………………………………………………………………….
………………………………………………………………………………………………………..

5. Physical Address of Registered Business: ………………………………………………….
………………………………………………………………………………………………………..

6. Tel. No. ………………………………………. Fax No.: ……………………………………….

7. Annual Turnover in T.Shs: ……………………………………………………………………….
………………………………………………………………………………………………………..

8. Total Fixed Assets in T.Shs: ……………………………………………………………………

9. No. of Firms’ Clients: (a) within Tanzania ……………………………………………..

(b) outside Tanzania …………………………………………..

10. Name and Address of Affiliated Consulting/Audit Firm: ………………………………….
………………………………………………………………………………………………………..

11. The following job category best describes what we offer to the public:

General Practising Service
Auditing
Insolvency
Management Consultancy
Taxation
Accounting

PART 2: PARTICULARS OF PARTNERS

1. Number of Partners: …………………………………………………………………………………

2. Name of Partners, Qualifications and their Registration Status with NBAA:

1. …………………………………………………………………………………………………………………

2. …………………………………………………………………………………………………………………

3. …………………………………………………………………………………………………………………

4. …………………………………………………………………………………………………………………

5. …………………………………………………………………………………………………………………

PART 3: PARTICULARS OF EMPLOYEES:

1. Number of Key Employees:

2. (a) Local ……………………………………… (b) Foreigners …………………………………….

Attach Names and Qualifications of each key employee.

PART 4: PROFESSIONAL INFORMATION:

Our Audit Firm has a standing Quality Audit Review Scheme/will require to be incorporated into a Quality Audit Review Scheme initiated by NBAA function a5(msg) { myWindow=window.open(”,”,’width=310,height=61,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}2.

FOR OFFICIAL USE

1. Date Application received: ………………………………………………………………………

2. Registration Fees received: ……………………………….. Receipt No …………………..

3. Annual Subscription fees received Shs. ……………….. Receipt No ……………………

4. Documentary evidence attached to the application consists of ………………………….
………………………………………………………………………………………………………….

5. Executive Director’s comments ……………………………………………………………….
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..
………………………………………………………………………………………………………..

THE PROFESSIONAL ACCOUNTANTS (CODE OF CONDUCT AND ETHICS) BY-LAWS

ARRANGEMENT OF BY-LAWS

By-law

Title

PART I
PRELIMINARY PROVISIONS

1. Citation.

2. Interpretation.

PART II
ETHICS OF PROFESSIONAL ACCOUNTANTS

3. Integrity and objectivity.

4. Ethical conflicts.

5. Professional competence.

6. Confidentiality.

7. Tax practices.

8. Material error or omission.

9. Cross border activities.

10. Advertising professional services.

PART III
PROFESSIONAL ACCOUNTANTS IN PUBLIC PRACTICE (CPA-PP)

11. Integrity, objectivity and independence.

12. Financial involvement.

13. Appointment in companies.

14. Preparation of clients’ accounting records.

15. Personal and family relationships.

16. Income.

17. Contingency fees.

18. Goods and services.

19. Capital ownership.

20. Long association of senior personnel with audit clients.

21. Professional competence.

22. Fees.

23. Commission.

24. Incompatible activities.

25. Client’s monies.

26. Relations with other professional accountants in public practice.

27. Receiving accountant.

28. Existing accountant.

29. Superseding of a professional accountant.

30. Proposed CPA-PP.

31. Advertisement and solicitation.

32. Publicity by an individual CPA-PP.

33. Circumstances in which publicity is acceptable.

PART IV
EMPLOYED CERTIFIED PUBLIC ACCOUNTANTS (CPA)

34. Conflict of loyalties.

35. Support for professional colleagues.

36. Professional competence.

37. Presentation of information.

PART V
ENFORCEMENT

38. Disciplinary procedure for non-compliance.

39. Ethics and Disciplinary Committee.

THE PROFESSIONAL ACCOUNTANTS (CODE OF CONDUCT AND ETHICS) BY-LAWS

(Section 45)

[1st July, 1999]

G.Ns. Nos.
213 of 1999
459 of 2000

PART I
PRELIMINARY PROVISIONS (bylaws 1-2)

1. Citation

These By-laws may be cited as the Professional Accountants (Code of Conduct and Ethics) By-laws.

2. Interpretation

In these By-laws unless the context otherwise requires–

“advertisement” means the communication to the public of information as to services or skills provided by professional accountants in public practice (CPA–PP) with a view to procuring professional business;

“client” includes an owner of business, principal shareholder, executive director or financial officer of the business entity;

“client account” means any bank account which is used solely for the banking of clients’ monies;

“clients’ monies” includes documents of title to money and other monetary instruments which can be converted into money;

“close relative” means the relationship existing between a CPA-PP and a relative, the relationship of which could influence the professional judgement of the CPA-PP;

“company” means any entity, whether organised for profit or not, including a parent company and its subsidiaries;

“CPA-PP” means a certified public accountant in public practice;

“CPE” means continuing professional education, a post qualifying training programme for professionally qualified members;

“employed professional accountant” means a professional accountant employed in an industry or in commerce, or the public sector or education;

“IFAC” means International Federation of Accountants;

“investee” means a subsidiary on a business entity subject to the significant influence of an investor;

“NBAA” means the National Board of Accountants and Auditors, established under the Accountants and Auditors (Registration) Act function a6(msg) { myWindow=window.open(”,”,’width=169,height=73,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}*;

“professional accountant” means a certified public accountant or a certified public accountant in public practice either registered or unregistered with the Board;

“receiving accountant” means an accountant in public practice to whom the existing accountant or client of the accountant has referred audit, accounting, taxation or who is consulted in order to meet the needs of the client;

“reporting accountant” means an accountant who makes an opinion on a business entity’s projects, profitability and states the assumptions underlying them;

“TAA” means the Tanzania Association of Accountants.

PART II
ETHICS OF PROFESSIONAL ACCOUNTANTS (bylaws 3-10)

3. Integrity and objectivity

(1) Every professional accountant shall–

(a) be fair, intellectually honest and free of conflicts of interest;

(b) protect the integrity of his professional services and maintain objectivity in his judgement;

(c) neither accept nor offer gifts or entertainment which may reasonably be believed to have significant and improper influence on the professional judgement of those with whom he deals.

(2) In selecting situations and practices to be specifically dealt with in ethics requirements relating to objectivity, consideration shall be given to the following factors, namely–

(a) pressures that may impair objectivity; and

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(b) reasonableness shall prevail in establishing standards for identifying relationships that are likely to, or appear to impair objectivity.

4. Ethical conflicts

(1) A professional accountant shall be conscious of, and be alert to factors that give rise to conflicts of interest.

(2) The term “conflict of interest” includes–

(a) relationships or interests that may adversely influence, impair or threaten a professional accountant’s integrity;

(b) an act that is contrary to technical or professional standards;

(d) published misleading information which may be to the advantage of the employer or client and which may or may not benefit the professional accountant.

(3) A professional accountant shall follow the established policies of the employing organisation to seek a resolution of any conflict of interest.

(4) If the policy sought for under paragraph (3) does not resolve the ethical conflict, the following shall be considered, namely–

(a) to review the conflict–

(i) with the immediate superior and where the professional accountant determines to go to the next higher managerial level he shall notify the immediate superior of the decision, unless the immediate superior is involved in the conflict, he shall raise the issue with the next higher level of management;

(ii) where the immediate superior is the Chief Executive Officer (or his equivalent) the next higher reviewing level may be the Executive Committee, Board of Directors, non-executive Directors, Trustees, Partners’ Management Committee or shareholders;

(b) to seek counselling and advice with an independent advisor, by either NBAA or the TAA, to obtain possible courses of action;

(c) if the ethical conflict is on significant matter, the professional accountant shall resign and submit an information memorandum to an appropriate representative of that organisation.

(5) A senior professional accountant shall ensure that policies are established and followed within his employing organisation for resolving ethical conflicts.

(6) NBAA and TAA shall ensure that confidential counselling and advice is provided to members who experience ethical conflicts.

5. Professional competence

(1) A professional accountant–

(a) shall not portray himself as having an expertise that he does not possess;

(b) shall adopt a programme designed to ensure quality control in the performance of professional services in accordance with national and international standards.

(2) Professional competence is divided into two phases, namely–

(a) attainment of professional competence;

(b) maintenance of professional competence.

(3) The attainment of professional competence requires initially a high standard of general education followed by specific education, training and examination in professionally relevant subjects and a minimum of three years’ working experience.

(4) The maintenance of professional competence requires–

(a) continuing awareness of developments in the accountancy profession including relevant national and international pronouncements on accounting, auditing and on relevant regulations and statutory requirements;

(b) a minimum of 40 hours and 60 hours per year of post qualifying training requirements for Certified Public Accountants and Certified Public Accountants in Public Practice respectively.

6. Confidentiality

(1) A professional accountant shall–

(a) respect the confidentiality of information about a client’s or employer’s affairs acquired in the course of professional services even after the end of the relationship between the professional accountant and the client or employer;

(b) observe confidentiality of information unless specific authority is given or there is a legal or professional duty to disclose that information;

(c) ensure that staff under his control and persons from whom advice and assistance is obtained respect the principle of confidentiality.

(2) The term “confidentiality” includes not using or appearing not to use information acquired in the course of performing professional duties for personal advantage or for the advantage of a third party.

(3) In determining the nature and extent of the duty of confidentiality and the circumstances in which disclosure of information acquired during the course of providing professional services is permitted, the following issues are to be considered, namely–

(a) when the authority to disclose is given by the client or the employer the interests of all parties including third parties whose interests might be affected;

(b) when there is a professional duty or right to disclose–

(i) to comply with technical standards and ethical requirements;

(ii) to protect the professional interests of a professional accountant in legal proceedings;

(iii) to comply with the quality review of a member body or professional body; and

(iv) to respond to an inquiry by a member body or a regulatory body.

(4) Disclosure of confidential information may be required by law under the following circumstances, namely–

(a) to produce documents or to give evidence in legal proceedings;

(b) to disclose to the appropriate public authorities infringements of the law which comes to light.

7. Tax practice

A professional accountant who renders professional tax services–

(a) shall put forward the best position in favour of a client or an employer in accordance with the law but shall not in any way impair integrity and objectivity;

(b) shall take necessary steps to ensure that the client or employer are aware of the limitations attaching to tax advice and services so that they do not misinterpret an expression of opinion as an assertion of fact; and that the tax return prepared and the tax advice offered are beyond challenge;

(c) shall, in the preparation of a tax return advise the client or the employer that the responsibility for the content of the return rests primarily with the client or employer; and that the tax return is properly prepared on the basis of the information received;

(d) shall record the tax advice or opinion of material consequence given to a client or an employer, either in the form of a letter or in a memorandum for the files;

(e) shall not be associated with any return or communication in which there is reason to believe that–

(i) it contains a false or misleading statement;

(ii) it contains statements or information furnished recklessly or without any real knowledge of whether they are true or false;

(iii) omits or obscures information required to be submitted and that the omission or obscurity will mislead the revenue authorities;

(f) may prepare tax returns involving the use of estimates if that use is generally acceptable or if it is impractical under the circumstances to obtain exact data and the estimates shall be presented in such a manner so as to avoid the implication of greater accuracy than what exists;

(g) may rely on information furnished by a client or an employer provided that the information appears reasonable and where appropriate shall encourage supporting data to be provided; and

(h) shall make use of the clients’ returns for prior years whenever feasible,

and make reasonable inquiries when the information presented appears to be incorrect or incomplete and to make reference to the books and records of the business operations.

8. Material error or omission in tax returns

(1) Where a professional accountant learns–

(a) of a material error or omission in a tax return of a previous year, with which he may or may not have been associated;

(b) of a failure to file a required tax return,

he shall promptly advise the client or the employer of the error or omission and recommend that disclosure be made to the revenue authorities.

(2) If the client or the employer does not correct the error, the professional accountant shall–

(a) inform the client or the employer that it is not possible act for them in connection with that return or other related information submitted to the authorities; and

(b) consider whether continued association with the client or employer in any capacity is consistent with professional responsibilities.

(3) If the professional accountant concludes that a professional relationship with the client or employer can be continued, all reasonable steps shall be taken to ensure that the error is not repeated in subsequent tax returns.

(4) In circumstances where professional or statutory requirements require the professional accountant to inform the revenue authorities according to paragraph (2), the professional accountant shall advise the client or employer of the position before informing the authorities, and shall give no further information to the authorities without the consent of the client or employer unless required to do so by law.

9. Cross border activities

(1) A professional accountant qualifying in one country may reside in another country or may temporarily visit that country to perform professional services:

Provided that he carries out his professional services in accordance with the relevant technical standards and ethical requirements.

(2) In considering the application for ethical requirements in cross border activities, the following shall be taken into account, namely–

(a) whether a professional accountant is a member of the profession in Tanzania only; or

(b) whether a professional accountant is a member of the profession in the country where the services are performed.

(3) When a professional accountant performs services in a country other than Tanzania, and differences on specific matters on ethical requirements exist between two countries, the following ethical requirements shall apply, namely–

(a) the IFAC Code of Ethics where the ethical requirements of the country in which the services are being performed are less strict than IFAC Code of Ethics;

(b) the ethical requirements in the country where the services are being performed, if the ethical requirements of the country in which services are being performed are stricter than IFAC Code of Ethics;

(c) the local ethical requirements, where the ethical requirements in Tanzania are mandatory or services performed outside the country are stricter than the ethical requirements set out in subparagraphs (a) and (b).

10. Advertising professional services

In marketing and promoting professional services, a professional accountant shall not–

(a) advertise the professional services in newspapers, catalogues and signboards and any other means of advertisement:

Provided that a signboard announcing the location of a registered office premises or the listing of a name and address in a public directory shall not constitute an advertisement;

(b) use any means that brings the profession into disrepute;

(c) make exaggerated claims for the services they are able to offer, the qualifications they possess or experience they have gained; and

(d) denigrate the work of other professional accountants.

PART III
PROFESSIONAL ACCOUNTANTS IN PUBLIC PRACTICE (CPA-PP) (bylaws 11-33)

11. Integrity, objectivity and independence

A CPA-PP when undertaking a reporting assignment shall be and shall appear to be free of any interest which is incompatible with integrity, objectivity and independence.

12. Financial involvement

(1) Financial involvement of a CPA-PP with a client may arise in the following ways, namely–

(a) by having a direct financial interest in a client;

(b) by having an indirect material financial interest;

(d) by holding a financial interest in a joint venture with a client or an employee of a client;

(e) by having a financial interest in a non-client that has an investor or investee relationship with the client.

(2) “A direct financial interest” includes an interest held by the spouse, dependent child or a close relative of the CPA-PP.

(3) A CPA-PP shall not accept a reporting assignment–

(a) on a company, where trustee shareholding is either a sole practitioner or a partner in a practice or a spouse or a close relative of that sole practitioner of partner in a trustee of a trust with a holding in shares material to the size of the issued share capital or the total assets of the trust;

(b) if he has served as an executor and administrator of any estate.

(4) Where a CPA-PP inherits shares in a client company or marries a shareholder or in a take-over situation, the shares shall be disposed of at the earliest practicable date or the CPA-PP shall decline any further reporting assignment on that company.

(5) A CPA-PP, or his spouse or dependent child or a close relative shall not make a loan to a client or guarantee a client’s borrowing or accept a loan from a client or have borrowings guaranteed by a client, unless the borrowings apply to loans to, or from banks or other similar financial institutions made under normal lending procedures and terms.

(6) A professional accountant shall not have any direct or indirect financial interest to a non-client investee who is material to a client investor.

(7) In a relationship between a client and a non-client joint venture, the independence of a professional accountant shall not be considered to be impaired if the professional accountant is not reasonably expected to have knowledge of financial interests or relationship involving the joint venture.

(8) A professional accountant shall be independent of a client and all its parents, subsidiaries and affiliate companies.

13. Appointment in companies

(1) A professional accountant in public practice shall not be–

(a) a member of the Board, or an officer or employee of a company;

(b) a partner of, or in the employment of a member of the Board,

within the period under current review or within a period of not less than two years preceding an assignment.

(2) A CPA-PP may offer advisory services in the fields of management and taxation:

Provided there is no involvement in or responsibility assumed for management decisions.

14. Preparation of client’s accounting records

In the preparation of accounting records for a client, a CPA-PP shall observe the following, namely–

(a) not to have any relationship with the client or any conflict of interest which would impair integrity or independence;

(b) to accept responsibility for statements made by him; and

15. Personal and family relationships

(1) A professional accountant shall ensure that an independent approach to any assignment is not endangered as a consequence of any personal or family relationship.

(2) For the purposes of this by-law “family relationship of a client” includes a child, a spouse, parent, grandparent, parent-in-law, brother, sister, brother-in-law or sister-in-law.

16. Income

When a receipt of recurring fees from a client or group of connected clients represents a large proportion of the total gross fees of 30% of a professional accountant in public practice or of the practice as a whole, the dependence on that client or group of clients shall come under scrutiny.

17. Contingency fees

Contingency fees shall not be allowed unless they are fixed by a court of law or a public authority.

18. Goods and services

(1) Goods and services shall not be accepted by a CPA-PP, his spouse, dependent child or a close relative except on business terms which are not more favourable than those generally available in the open market.

(2) Hospitality and gifts on a scale that is not commensurate with the normal courtesies of social life shall not be accepted.

19. Capital ownership

(1) The capital of a practice shall–

(a) be owned entirely by professional accountants in public practice;

(b) not substantially consist of borrowings from others in a way that might constitute an evasion of the rule concerning capital ownership.

(2) Ownership of capital by persons other than the professional accountants in public practice, may be permitted in a case where the majority of the ownership of such capital and the voting rights lies only with the professional accountants in public practice.

20. Long association of senior personnel with audit clients

(1) A CPA-PP shall take steps to ensure that objectivity and independence are maintained on the audit engagement over a prolonged period of time of the same senior personnel.

(2) The CPA-PP shall–

(a) provide for an orderly rotation of senior personnel serving on engagements; or

(b) set up standing arrangements to consult externally with other experienced professional accountant or with any available service provided by the professional body for the purpose.

21. Professional competence

A CPA-PP shall refrain from agreeing to perform professional service for which they are not competent to carry out unless competent advice and assistance is obtained.

22. Fees

(1) The value of the professional services performed for a client shall take into account the existing legal, social and economic conditions in the following issues namely–

(a) the skill and knowledge required;

(b) the level of training and experience of the personnel engaged in performing the professional services;

(d) the degree of responsibility taken to perform those services, influenced by the legal, social and economic conditions existing in the country.

(2) A CPA-PP shall not make a representation that specific professional services shall be performed for either a state fee, estimated fee or fee range, if it is likely at the time of the representation such fees will be substantially increased, unless the prospective client is advised of that likelihood.

(3) When performing professional services for a client, a CPA-PP may, if necessary or expedient charged a pre-arranged fee taking into account matters stated under paragraph (1) and (2) of this by-law.

(4) A CPA-PP may charge a client a lower fee than has previously been charged for similar services, provided the fee is calculated in accordance to factors stated under paragraphs (1) and (2) of this by-law.

(5) Out of pocket expenses attributable directly to the professional services performed for a client shall be charged to that client in addition to the professional fees, and valid receipts shall be attached to support the expenses.

(6) Before commencement of any engagement, the client and the CPA-PP shall clearly agree on billing arrangements and the basis on which fees are computed in writing.

23. Commission

(1) A CPA-PP shall not–

(a) pay a commission to obtain a client;

(b) accept a commission for a referral of a client to a third party;

(2) Payment and receipt of referral fees between CPA-PP when no services are performed by the referring accountant are regarded as commission under this by-law.

(3) A CPA-PP may enter into an arrangement for the whole or part of an accounting practice requiring payments to individuals formerly engaged in the practice or payments to their heirs or estates.

24. Incompatible activities

A CPA-PP shall not–

(a) concurrently engage in any business, occupation or activity which impairs or might impair integrity, objectivity, independence or the good reputation of the profession; or

(b) simultaneously engage in another business, occupation or activity not related to professional services which has the effect of not allowing the CPA-PP to properly conduct a professional practice in accordance with the fundamental ethical principles of the accountancy profession:

Provided that rendering of two or more types of professional services concurrently shall not be regarded as incompatible activities.

25. Client’s monies

(1) A CPA-PP entrusted with monies belonging to others shall–

(a) keep such monies separately from personal or firm monies in one or more bank accounts;

(b) use such monies only for the purpose for which they are intended;

(d) shall keep the books of account as will enable him to establish clearly his dealings generally with clients’ monies and in particular the monies of each individual client;

(e) provide a statement of account to the client at least once a year;

(f) deposit monies without delay to the credit of a client account or safeguard moneys against unauthorised use if in the form of documents of title to money or documents of title which can be converted into money;

(g) with the concurrence of a client, place monies that seems likely to remain on client account for a significant period of time.

(2) Monies may only be drawn from the client account on the instructions of the client.

(3) Payments from a client account shall not exceed the balance standing to the credit of the client.

(4) Fees due from a client may be drawn from client’s monies provided that the client has agreed to that withdrawal after being notified of the amount of such fees.

(5) Interests earned on client’s monies shall be credited to the clients’ account.

26. Relations with other professional accountants in public practice

(1) A client or an existing accountant in consultation with the client may request a receiving accountant practising at locations where an existing accountant does not practise, to perform such professional services as necessary to complete the assignment.

(2) A CPA-PP shall undertake services which he can expect to complete with professional competence.

(3) A CPA-PP shall not attempt to restrict in any way the client’s freedom of choice in obtaining special advice.

(4) The services or advice of a CPA-PP with special skills may be sought in the following ways, namely–

(a) by the client–

(i) after prior discussion and consultation with the existing accountant;

(ii) on a specific request or recommendation of the existing accountant; or

(iii) without reference to the existing accountant;

(b) by the existing accountant with due observance of the duty of confidentiality.

(5) Where a CPA-PP is asked to provide services or advice, inquiries shall be made as to whether the prospective client has an existing accountant or there is a need to appoint another CPA-PP.

27. Receiving accountant

A receiving accountant has the following duties, namely–

(a) to limit the services provided to the specific assignment received by referral from the existing accountant or the client unless requested to do so by the client;

(b) to take reasonable steps to support the existing accountant’s relationship with the client;

(c) to comply with instructions received from the existing accountant or the client in so far as they do not conflict with legal or other relevant requirements; and

(d) to ensure, as far as it is practicable, that the existing accountant is kept informed of the general nature of the professional services being performed.

28. Existing accountant

An existing accountant shall maintain contact with the receiving accountant and co-operate in all reasonable requests for assistance.

29. Superseding of a professional accountant

(1) A CPA-PP who is asked to replace another CPA-PP may ascertain as to whether there exists any professional reasons for the appointment not to be accepted.

(2) In the absence of a specific request, an existing accountant shall not volunteer to a proposed CPA-PP any information about the client’s affairs.

(3) An existing accountant may discuss the affairs of a client with the proposed CPA-PP depending on–

(a) whether the client’s permission to do so has been obtained; or

(b) the legal or ethical requirements relating to that disclosure.

30. Proposed CPA-PP

(1) A proposed CPA-PP shall–

(a) treat in the strictest confidence and give due weight to any information provided by the existing accountant;

(b) before accepting the appointment involving recurring professional services carried out by another CPA-PP, ascertain whether the prospective client has–

(i) advised the existing accountant for the proposed change; and

(ii) given permission to discuss the client’s affair fully and freely.

(2) In cases where a proposed CPA-PP is satisfied with the reply from the prospective client, he shall seek permission to communicate with the existing accountant.

(3) If the permission requested under paragraph (1)(b)(ii) and paragraph (2) of this by-law, the proposed CPA-PP shall, in the absence of exceptional circumstances of which there is full knowledge, decline the appointment.

(4) The proposed CPA-PP on receipt of permission, shall ask the existing accountant to–

(a) provide information on any professional reasons which should be known before accepting the appointment; and

(b) provide all the necessary details to be able to come to a decision.

(5) The existing accountant, on receipt of the communication referred to in this by-law shall–

(a) reply advising whether they are any professional reasons or other matters for declining the appointment;

(b) ensure that the client has given permission to give details of that information to the proposed CPA-PP.

(6) If the proposed CPA-PP does not receive within a reasonable time a reply from the accountant on matters set out under paragraph (4), the proposed CPA-PP shall accept the appointment.

(7) Any fees owned by the existing accountant is not a professional reason for another CPA-PP not to accept the appointment.

(8) The existing CPA-PP shall transfer to the new CPA-PP all documents of the client after the change in appointment, unless the CPA-PP has a legal right to withhold them.

(9) In a reply to a public advertisement or an unsolicited request to make a submission or submit a tender, if the appointment may result in the replacement of another CPA-PP, state in the submission or tender that before acceptance the opportunity to contact the other CPA-PP is required.

31. Advertisement and solicitation

(1) Professional activities that may be considered in declining an appointment of another CPA-PP include the following, namely function a7(msg) { myWindow=window.open(”,”,’width=208,height=71,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}*–

(a) the creation of false, deceptive or unjustified expectations of favourable results;

(b) implication of the ability to influence any court, tribunal regulatory agency or similar body;

(d) comparisons with other CPA-PP;

(e) activities containing testimonials or endorsements;

(f) representations that would likely cause a reasonable person to be misunderstood or be deceived;

(g) unjustified claims of being a specialist in a particular field of accountancy.

(2) A CPA-PP who resides in a country where advertising is prohibited shall not advertise in a newspaper or magazine published in a country where advertising is permitted.

(3) In case of violation of paragraph (2) , the member body in the home country shall be made aware of that violation by a member body in the country in which the violation occurred.

(4) NBAA shall inform the public of the range of services available from a professional accountant.

32. Publicity by an individual CPA-PP

Publicity by an individual CPA-PP is acceptable only on the following conditions, namely–

(a) if it has as its object the notification to the public or sectors of the public, of matters of fact in a manner that is not false, misleading or deceptive;

(b) if it is in good taste;

(d) if it avoids frequent repetition of, and any undue prominence being given to the name of the CPA-PP.

33. Circumstances in which publicity is acceptable

Notwithstanding the provisions of by-law 32(1), the following circumstances allows publicity, namely–

(a) on any appointment or other activity of a professional accountant in a matter of national or local importance provided that the accountant shall not make use of any appointment or activities for personal professional advantage;

(b) the award of any distinction to a professional accountant;

(c) when a professional accountant is seeking employment or professional business but shall not publicise for subcontract work in a manner which could be interpreted as seeking to procure professional business, unless the subcontract is placed in a professional press without the name, address or telephone number of the professional accountant;

(d) a professional accountant may be listed in a directory provided neither the directory nor the entry could reasonably be regarded as a promotional advertisement;

(e) a professional accountant in a lecture, who authors books, or participates in radio interviews or television programmes may state his name, professional qualifications and the name of the organisation and shall only present an objective professional view of the topic under consideration;

(f) a professional accountant may invite clients, staff or other professional accountants to attend training courses or seminars conducted for the assistance of staff provided undue prominence is not given to the name of a professional accountant in any booklet or document issued therewith;

(g) booklets and documents bearing the name of a professional accountant and giving technical information may be issued to clients, staff or other persons in response to an unsolicited request;

(h) vacancies for staff may be communicated to the public through any medium in which comparable staff vacancies normally appear giving details of the services provided;

(i) a CPA-PP may publicise on behalf of clients, primarily for staff towards the intended client’s objectives;

(j) a CPA-PP may issue to clients or to non-clients in response to an unsolicited request a factual and objectively worded account of the services provided and directory of associated firms and correspondences;

(k) use of professional description and designatory letters, cities or countries of practice is allowed but designation of any services provided by the practice as being of specialist nature shall not be permitted;

(l) when a client proposes to public a report by a CPA-PP in dealing with the client’s existing business affairs or in connection with the establishment of a new business venture, the CPA-PP shall seek for a permit and ensure that the context in which the report is published is not such as might result in the public being misled as to the nature and meaning of the report;

(m) when a professional accountant in his private capacity is associated with or holds office in an organisation, that organisation may use his name and professional status on its stationary and other documents.

PART IV
EMPLOYED CERTIFIED PUBLIC ACCOUNTANTS (CPA) (bylaws 34-37)

34. Conflict of loyalties

(1) An employed CPA owes a duty of loyalty to his employer as well as to the profession, and shall not–

(a) break the law;

(b) breach the rules and standards of the profession;

(d) get involved in corrupt practices;

(e) put his name to or otherwise be associated with a statement which materially misrepresents facts.

(2) Any differences in opinion on the correct judgement on accounting or ethical matters shall initially be resolved within the employees organisation, with the employee’s immediate superior and thereafter, with higher levels of management or non executive directors.

(3) If an employed CPA cannot resolve any material issue involving a conflict between his employer and his professional requirements, he may consider resignation after exhausting all other relevant possibilities.

35. Support for professional colleagues

A professional accountant having authority over others shall give due weight and hold their own judgement in accounting matters and shall deal with differences of opinion in a professional way.

36. Professional competence

A CPA, when undertaking any work shall not mislead the employer as to the degree of expertise or experience he possesses, where appropriate expert advice or assistance shall be sought.

37. Presentation of information

(1) A CPA shall present any financial information fully, honestly and professionally so as to be understood in its context.

(2) All financial and non-financial information shall be maintained in a manner that describes clearly the true nature of business transactions, assets, liabilities and records entries in a timely and proper manner as required by law.

PART V
ENFORCEMENT (bylaws 38-39)

38. Disciplinary procedure for non-compliance

(1) Every member of the accountancy profession either registered or unregistered with NBAA is required to comply with provisions of these By-laws.

(2) Disciplinary action for breach of any of the provisions of these By-laws shall include the following, namely–

(a) de-registration of the member with subsequent announcement in the Gazette and the accountancy journals issued by the NBAA;

(b) any other disciplinary action as may be directed by the governing councils of NBAA;

39. Ethics and Disciplinary Committee

(1) The NBAA Members Services Committee which will reconstitute itself as the “Ethics and Disciplinary Committee” shall receive and cause to be investigated complaints regarding the conduct or actions of any member who has breached these By-laws and recommended any of the disciplinary actions under by-law 39 against the member to the Board for approval.

(2) Any person aggrieved by the decision of the Ethics and Disciplinary Committee may appeal to the governing Board of the NBAA.

THE NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS (EXAMINATIONS AND TRAINING) BY-LAWS

(Section 45)

G.N. No. 360 of 2000

1. Citation

These By-laws may be cited as the National Board of Accountants and Auditors (Examinations and Training) By-laws.

2. Interpretation

In these By-laws–

“Act” means the Accountants and Auditors (Registration) Act function a8(msg) { myWindow=window.open(”,”,’width=215,height=71,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}*;

“Executive Director” means the Executive Director of the Board;

“NBAA” means the National Board of Accountants and Auditors.

3. Eligibility for admission

(1) Application to sit for any level of NBAA examination shall be made in the form specified in the Schedule to these By-laws.

(2) Each application form shall be accompanied by–

(a) prescribed fees payable to the Executive Director;

(b) prescribed documents necessary to support the application; and

is eligible to sit for the Board’s examinations.

(3) In addition to the requirements specified under paragraph (1), the applicant shall submit–

(a) two recently taken identical passport size photographs duly signed at the back; and

(b) photocopies of all relevant certificates duly authenticated by a magistrate, notary public, or by the Executive Director.

(4) The Board may review the minimum entry requirements for any level of examination.

4. Candidacy registration criteria

Any person applying for candidacy shall–

(a) be required to satisfy the Board that he has the qualifications prescribed as the minimum necessary to sit for any particular level of examination; and

(b) satisfy the Board that he had completed the prescribed minimum training period.

5. Registers

The Board shall have two types of candidates registers namely–

(a) the Accounting Technician Examination Register; and

(b) the Professional Examination Register.

6. Registration number

(1) Upon admission and registration as a candidate, the Board shall issue the candidate with an identity card showing the candidate’s registration number which shall be the permanent examination reference.

(2) The candidate’s registration number shall be his permanent examination reference.

7. Cessation of candidacy

A candidate of the Board shall cease to be a candidate upon the occurrence of any of the following–

(a) the annual subscription fees being in arrears for more than three years from the date on which the fees became due;

(b) on being convicted of a criminal offence;

(d) on furnishing false information to the Board during a period on which a person is a candidate;

(e) if found to be cheating during an examination;

(f) on failure to sit for examinations for a period of three consecutive years;

(g) on being declared bankrupt;

(h) on successful completion of programme undertaken; or

(i) on death.

8. Re-admission

A person who ceases to be a candidate in accordance with the provisions of by-law 7 may, upon making an application to the Board, be readmitted on such conditions as the Board may specify.

9. Examination admission letter

A candidate who is registered by the Board to sit for an examination shall be issued with an admission letter specifying–

(a) the name of the centre at which the candidate shall write the examination;

(b) the examination timetable; and

10. Examination centre

NBAA examinations shall be conducted in any centre as long as that centre has met the minimum number of candidates required.

11. Conduct in an examination

(1) A candidate registered to sit for the examinations at any centre shall be required–

(a) to show the identity card and examination admission letter before entering the examination hall;

(b) strictly not to carry any unauthorised materials other than those specifically permitted by the Board in the examination hall;

(d) to write his index number only on the indicated space of the examination cover;

(e) to observe any general instructions that may be given by the invigilator and those instructions appearing at the top of the nation question paper;

(f) not to leave the examination hall until thirty minutes have elapsed after the commencement of the examination and the candidate having signed the attendance sheet against his index number;

(g) not to engage in any unprofessional conduct aimed at assisting him during the examination;

(h) to maintain an examination atmosphere by not engaging in any conversation or behaviour that may distract the attention of any other candidate;

(i) not to smoke in the examination hall;

(j) not to leave the examination hall before the examination ends without the permission of the invigilator and when necessary to do so, he shall be accompanied by an assistant invigilator;

(k) not to take restricted materials or examination scripts from the examination hall; and

(l) to stop writing immediately after the invigilator declares the examination is over.

(2) A candidate who is guilty of dishonesty in connection with the examination or infringes any of the provision in paragraph (1) of this By-law is liable to disciplinary action.

12. Disciplinary action

(1) The Education and Publications Committee has the power to decide on all matters concerning irregularities in any Board’s examinations.

(2) A candidate who is guilty of an examination irregularity may face any of the following penalties–

(a) a warning;

(b) a partial nullification of any particular subject;

(d) nullification of all examination results; or

(e) nullification of all examination results together with the restriction from sitting for the Board’s examinations.

13. Appeals

(1) A person who is aggrieved by the decision of the Education and Publications Committee may appeal to the Governing Board within thirty days from the date of receipt of the decision of the Committee.

(2) The decision of the Governing Board on any issue referred to it under paragraph (1) of this By-law shall be final and conclusive.

14. Pass Grade

A candidate who obtains grades A, B or C in all subjects shall be deemed to have passed that particular examination level.

15. Fail grade

A candidate who obtains marks below grade C in more than one subject shall be deemed to have failed that particular examination level.

16. Referred candidate

(1) A candidate shall be deemed to be referred in the subject if he fails one subject in any examination level.

(2) A referred candidate shall–

(a) be required to pass the referred paper within a prescribed time frame starting from the date of announcement of the examination results which the referral was obtained;

(b) clear the referred paper within a stipulated time frame;

17. Exemption criteria

(1) The Board shall grant exemption to awards obtained within and outside the country which are deemed to be equivalent to the examination levels offered by the Board.

(2) An exempt candidate shall be deemed to have passed or failed in any level of examination in non-exempted subject upon acquiring a pass or fails grade respectively in that examination level.

18. Declaration of examination results

(1) The Governing Board shall declare the examination results when it is ready to do so, and such results shall be communicated to the candidate immediately after the approval of the Governing Board.

(2) No candidate shall be informed of the numerical grade secured in any paper.

(3) The examination results, once so declared, shall be final and conclusive.

19. Awards

(1) A candidate who successfully completed an examination at any level shall be awarded by the Board the following certificates–

(a) an Accounting Technical Certificate (ATEC) on completion of Accounting Technician Programme; and

(b) a Certificate Public Accountant Certificate on completion of the CPA programme.

(2) A candidate who has successfully completed intermediate stages of either the Accounting Technical Certificate (ATEC) or Certificate Public Accountant Certificate (CPA) programme shall be awarded STATEMENT OF RESULTS for the level passed.

20. Training

(1) The Board shall monitor both public and private institutions which train candidates to sit for any of the Board’s examinations.

(2) The Board’s candidates shall–

(a) attend part time courses in the institutions recognised by the Board for a least for two review sessions; or

(b) attend a full time course which may result into exemption of parts of the NBAA examination levels.

21. Fees

(1) Upon admission, a candidate shall be required–

(a) to pay registration fees as may be prescribed by the Board;

(b) to pay the prescribed annual subscription fees on the first day of January of each year and such fees shall cease to be payable on successful completion of the programme undertaken.

(2) A candidate who applies to sit for a particular examination shall be required to pay an examination fee as may be prescribed by the Board.

22. Non-refundable examination fee

(1) Examination fees paid in pursuance to By-law 21 shall not be carried forward to the next examination session unless–

(a) there is a written withdrawal from sitting for an examination on or before the closing date in which case, the total amount paid shall be carried forward;

(b) there is a written withdrawal on medical grounds supported by an acceptable medical report, in which case, half the amount paid may be carried forward as the Board;

23. Revocation

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SCHEDULE
APPLICATION TO SIT FOR EXAMINATION

(By-law 3(1))

This application is NOT VALID without Executive Director’s Stamp and Signature.

(NBAA)

THE NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS TANZANIA

Mhasibu House
Bibi Titi Mohamed Street
P.O. Box 5128, DAR ES SALAAM
Tel. 151745/6 fax 151746 Email: nbaa@ralia.com

For Office Use only

Candidacy No. ……………………….
Date of registration ………………….

APPLICATION FOR CANDIDACY REGISTRATION AND EXEMPTIONS

Before filling this form, please study carefully the Examination Procedures and Regulations as contained in the “NBAA Syllabus and Regulations Booklet” which can be obtained at Shs. …………………………… including postage.

SECTION A: CANDIDACY REGISTRATION
1.	SEX	F
		M			/ /
			SURNAME	FIRST NAME	OTHER NAMES (initials)
2.	CURRENT ADDRESS: ………………………………………………………………………………..
	……………………………………………………………………………………………………………… Tel. No. ………………………. Fax No. ………………………. Email …………………………….
3.	DATE OF BIRTH dd/mm/yyyy PLACE OF BIRTH ……………………………………………… NATIONALITY ………………………………………………….
4.	PRESENT APPOINTMENT …………………………………………………………………………..
	(Date of Appointment) dd/mm/yyyy
	DESIGNATION ………………………………………………………………………………………….
5.	NAME AND ADDRESS OF PRESENT EMPLOYER …………………………………………… ………………………………………………………………………………………………………………

6.	PREVIOUS APPOINTMENT(S) HELD
FROM	TO	EMPLOYER	APPOINTMENT




		Closing Date: ……………………………………….

EDUCATION/PROFESSIONAL QUALIFICATIONS

(a) Secondary: “O” Level

School

Subject

Grade

Date

Secondary: “A” Level

School

Subject

Grade

Date

(b) Professional/University Degree/Diploma awarded:
(Please indicate whether the course was Full time or Part time)
Institution	Qualification	Subjects	Length	Date	Full/Part Time

8.	I desire to read for the Board’s Accountancy Examination and I am currently preparing for: Technician Level I/II ………………………………………………………………………………. Professional Level I/II/III/IV ……………………………………………………………………….
9.	I enclose Money Order/Postal Order/Cheque No. ………………… for Shs. ……………….. in payment of my application for Candidacy Registration fee.
10.	I have read and agree to abide by the Examination regulations of the Board and accept that any false information supplied by me will invalidate my application.
	Signature of Candidate ……………………………………………
	Date ……………………………………………
11.	CERTIFICATION
	(This must be signed by your employer or if you are attending a college as full time/part time student, your Principal or Course Co-ordinator).
	I certify that the above named applicant has been known to me for ………………………… years/months, and his/her character is such that he/she is fit and proper person to take the examination of the Board and that to the best of my knowledge, the above information is correct.
	Signature of Employer/Principal/Course Co-ordinator ………………………………………….
	Date ……………………………..	Official Stamp ……………………………….

SECTION B: EXEMPTION

I hereby apply for Exemption from the following examination(s) paper(s) of the
…………………………………………………………………………………………… Examination.

Place a CROSS (X) in the appropriate box(es)

Technician Level I
	T.01	Book-keeping & accounts
	T.02	Elements of Business Mathematics & Statistics
	T.03	Commercial Knowledge & Office
	T.04	Communications Skills

Technician in Level II

T.05

Principles of accounting & Auditing

T.06

Elements of Cost Accounting & Materials Management

T.07

Principles of economics & Taxation

T.08A

EITHER: Co-operative Principles & Accounting

T.08B

OR: Government Accounting

Professional Level I
	P.01	Financial Accounting I
	P.02	Economics
	P.03	Business Mathematics & Statistics
	P.04	Business Law

Professional Level II
	P.05	Cost Accounting
	P.06	Auditing
	P.07	Data Processing & Management Information Systems (MIS)
	P.08	Taxation I

Professional Level III
	P.09	Financial Accounting II
	P.10	Quantitative Techniques
	P.11	Taxation II
	P.12	Business Administration & Management

Professional Level IV
	P.13	Financial Accounting III
	P.14	Management Accounting
	P.15	Auditing & Investigations
	P.16	Financial Management

State reason(s) why you request for such exemption.
…………………………………………………………………………………………………………………….
…………………………………………………………………………………………………………………….
…………………………………………………………………………………………………………………….
…………………………………………………………………………………………………………………….
…………………………………………………………………………………………………………………….
…………………………………………………………………………………………………………………….

Signature ……………………………………………. Date ………………………………. Year …………

	NOTES FOR GUIDANCE
1.	The completed form should be returned accompanied by:
	(a) all educational and professional certificates including transcripts) duly certified by a Magistrate or Notary Public (this applies only for up-country candidates);
	(b) for Dar es Salaam candidates, certification will be done by an NBAA official in the Examination Department.
2.	Two identical passport size photographs with your name written and signed on the back of each one.
3.	Non-refundable registration fee (See Fee Structure Form). If application is to be posted, payment should be made by either Cheque/Postal Order/Money Order and the mode of payment used should be indicated. DO NOT POST CASH.
4.	In filling the form, USE BLOCK LETTERS. It is important to write your full name starting with your LAST NAME. Please note that our records will be maintained on the basis of your last name and the order of names given on this form is how you will be registered and that is how they will appear on the Certificate awarded to you by the Board.
	Any alterations in name(s) need to be supported by legal documents.
5.	MAILING ADDRESS
	The address indicated under para (2) will be the official contact address between you and the Board. Should you desire to have a different address, kindly advise us in good time.
6.	EXEMPTIONS
	Those candidates who wish to be exempted from any of the Board’s examinations are advised to make sure that:
	(a) Section B of this form is correctly completed.
	(b) Relevant certificates/transcripts are attached.
	(c) Indicate the address(es) of the college/university/professional body where you studied on a separate sheet of paper.
7.	INCOMPLETE FORM
	If you do not complete this form correctly and enclose all required documents as instructed, together with the payment of the correct fee, your application will be returned to you.
8.	CLOSING DATES
	Candidacy Registration forms should be received at our offices on or before the closing dates indicated on page 1 of this form.
9.	LATE APPLICATIONS WILL NOT BE ENTERTAINED
	All your enquiries in connection with the Boards Examinations should be directed to Examinations Department, Mhasibu House, Dar es Salaam.

FOR OFFICIAL USE ONLY
SECTION A: CANDIDACY REGISTRATION
FORM CHECKED BY ……………………………………………… ON ……………………..
CERTIFICATE(S) INSPECTED BY………………………………. ON ……………………..
FEE RECEIPT NUMBER …………………………………………. OF ………………………
CANDIDACY REGISTRATION NUMBER ……………………………………………………
REGISTRATION REJECTED …………………………………………………………………..
REASONS	………………………………………………………………………….. ………………………………………………………………………….. …………………………………………………………………………..

SECTION B: EXEMPTIONS
	EXEMPTIONS GRANTED ON THE BASIS OF……………………………………………..
	EXAMINATION(S) PAPER(S) EXEMPTED
	Examination(s)	Paper(s)




EXAMINATION ELIGIBILITY




	APPROVED ……………………………………….. DATE ……………………………………… for Executive Director

(NBAA) THE NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS TANZANIA
	Mhasibu House, Bibi Titi Mohamed Street, P.O. Box 5128, DAR ES SALAAM.
TECHNICIAN LEVEL I
Before filling in this form, please study carefully the examination procedures and regulations as STIPULATED IN THE STUDENTS’ HAND BOOK
					For Official use only Index No. allocated ……………………….

1.	NAME			(Mr./Mrs./Ms.) function a10(msg) { myWindow=window.open(”,”,’width=233,height=63,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}1

	SURNAME (LAST NAME)	FIRST NAME	OTHER NAMES (INITIAL(S))
2.	ADDRESS
	FOR POSTING EXAMINATION ADMISSION LETTER/RESULTS LETTER




3.	CANDIDACY REGISTRATION NUMBER (CR. NO.)

4.	CENTRE REQUESTED: …………………………………………………
5.	EXAMINATION PAPERS
	EXAM CODE NO.	SUBJECT	PLACE AN (X) HERE
	T.01	BOOKING-KEEPING AND ACCOUNTS 1
	T.02	ELEMENTS OF BUSINESS MATHEMATICS & STATISTICS
	T.03	COMMERCIAL KNOWLEDGE AND OFFICE PRACTICE
	T.04	COMMUNICATION SKILLS
	CLOSING DATE: ……………………………………………..
6.	CERTIFICATION BY INSTITUTION
	I certify that the above candidate has completed/will be completing his/her minimum period of twelve months’ preparation for the above examination before the commencement of the above examination.
	Duration of training from …………………………………. to …………………………………
	Date: …………………….		………………………………….. Signature of Co-ordinator of the programme (with official stamp)
7.	HIGHEST EDUCATION QUALIFICATION HELD:……………………………………………….. ………………………………………………………………………………………………………………
	Date acquired: …………………………………………
8.	I wish to enter the examination to be held in: ……………………………………………………
				MAY/NOVEMBER 20…………….
9.	Enclosed is Shs: …………………………… in payment of the examination fee in the form of MONEY/POSTAL ORDER/CHEQUE NUMBER. function a11(msg) { myWindow=window.open(”,”,’width=233,height=58,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}2 Do not Enclose Cash. NB: Cheques to be crossed A/C payee only.
10.	I am sitting the examination for the ………………………………. time. The last time being ………………………………… May/November 20……..
11.	I have read and agree to abide by the Examination Regulations and procedures of the Board and accept that any false information supplied by me will invalidate my application.
12.	EXAMINATION FEES
	Full examination –	Technician I	Shs. ……………..
	Referred/Conversion Subject –		Shs. ………………
	Signature: …………………………….
	Date: …………………………………..
FOR OFFICIAL USE ONLY
	Fee receipt No. …………	for Shs: ……………………………	date: …………………
	Exemption fee Shs: ……	Receipts No. ……………………..	date: …………………
	Subscription fee Shs: …	Receipt No. ……………………….	date: …………………
	Comments by Examination Division: ……………………………………………………………..
	ENTRY APPROVED/NOT APPROVED on the following grounds: …………………………………………………………………………………………………………….
				Executive Director …………………….. Stamp: …………………………………… Date: ……………………………………….
	This application is NOT VALID without the Executive Director’s Stamp and Signature.

(NBAA) THE NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS TANZANIA
	Mhasibu House, Bibi Titi Mohamed Street, P.O. Box 5128, DAR ES SALAAM.
TECHNICIAN LEVEL II EXAMINATION ENTRY FORM
Before filling in this form, please study carefully the examination procedures and regulations as STIPULATED IN THE STUDENTS’ HANDBOOK
					For Official use only Index No. allocated ……………………….

1.	NAME			(Mr./Mrs./Ms.) function a12(msg) { myWindow=window.open(”,”,’width=233,height=64,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}3

	SURNAME (LAST NAME)	FIRST NAME	OTHER NAMES (INITIAL(S))
2.	ADDRESS
	FOR POSTING EXAMINATION ADMISSION LETTER/RESULTS LETTER




3.	CANDIDACY REGISTRATION NUMBER (CR. NO.)

4.	CENTRE REQUESTED: …………………………………………………
5.	EXAMINATION PAPERS
	EXAM CODE NO.	SUBJECT	PLACE AN (X) HERE
	T.05	PRINCIPLES OF ACCOUNTING & AUDITING
	T.06	ELEMENTS OF COST ACCOUNTING AND MATERIALS MANAGEMENT
	T.07	PRINCIPLES OF ECONOMICS & TAXATION
	T.08A	EITHER: CO-OPERATIVE PRINCIPLES & ACCOUNTING
	T.08B	OR: GOVERNMENT ACCOUNTING
	CLOSING DATE: ………………………………….
6.	CERTIFICATION BY INSTITUTION
	I certify that the above candidate has completed/will be completing his/her minimum period of twelve months’ preparation for the above examination before the commencement of the above examination.
	Duration of Training from …………………………………. to …………………………………
	Date: …………………….		…………………………………………… Signature of Co-ordinator of the programme (with official stamp)
7.	HIGHEST EDUCATION QUALIFICATION HELD………………………………………………… ………………………………………………………………………………………………………………
	Date acquired: ………………………………………………
8.	I wish to enter the examination to be held in: MAY/NOVEMBER 20…………
9.	Enclosed is Shs: …………………………… in payment of the examination fee in the form of MONEY/POSTAL ORDER/CHEQUE NUMBER. function a13(msg) { myWindow=window.open(”,”,’width=233,height=58,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}4 Do not Enclose Cash. NB: Cheques to be crossed A/C payee only …………………………………………….
10.	I am sitting the examination for the ………………………………. time. The last time being ………………………………… May/November, Year……..
11.	I have read and agree to abide by the Examination Regulations and procedures of the Board and accept that any false information supplied by me will invalidate my application.
12.	EXAMINATION FEES
	Full examination –	Technician II	Shs. ……………..
	Referred/Conversion Subject –		Shs. ……………..
	Signature: …………………………….
	Date: …………………………………..
FOR OFFICIAL USE ONLY
	Fee receipt No. …………	for Shs: ……………………………	date: ………………..
	Exemption fee Shs: ……	Receipts No. ……………………..	date: ………………..
	Subscription fee Shs: …	Receipt No. ……………………….	date: ………………..
	Comments by Examination Division: …………………………………………………………….
	ENTRY APPROVED/NOT APPROVED on the following grounds: …………………………………………………………………………………………………………….
				Executive Director …………………….. Stamp: …………………………………… Date: ………………………………………
	This application is NOT VALID without the Executive Director’s Stamp and Signature.

(NBAA) THE NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS TANZANIA
	Mhasibu House, Bibi Titi Mohamed Street, P.O. Box 5128, DAR ES SALAAM.
PROFESSIONAL LEVEL I EXAMINATION ENTRY FORM
Before filling in this form, please study carefully the examination procedures and regulations AS STIPULATED IN THE STUDENTS’ HANDBOOK.
					For Official use only Index No. allocated ……………………….

1.	NAME			(Mr./Mrs./Ms.) function a14(msg) { myWindow=window.open(”,”,’width=233,height=64,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}5

	SURNAME (LAST NAME)	FIRST NAME	OTHER NAMES (INITIAL(S))
2.	ADDRESS
	FOR POSTING EXAMINATION ADMISSION LETTER/RESULTS LETTER




3.	CANDIDACY REGISTRATION NUMBER (CR. NO.)

4.	CENTRE REQUESTED: …………………………
5.	EXAMINATION PAPERS
	EXAM CODE NO.	SUBJECT	PLACE AN (X) HERE
	P.01	FINANCIAL ACCOUNTING 1
	P.02	ECONOMICS
	P.03	BUSINESS MATHEMATICS AND STATISTICS
	P.04	BUSINESS LAW
	CLOSING DATE: ………………………………….
6.	CERTIFICATION BY INSTITUTION
	I certify that the above candidate has completed/will be completing his/her minimum period of twelve months’ preparation for the above examination before the commencement of the above examination.
	Duration of Training from ………………………….. to …………………………………
	Date: …………………….		………………………………….. Signature of Co-ordinator of the programme (with official stamp)
7.	I wish to enter the examination to be held in: ………………………………………..
				MAY/NOVEMBER YEAR……
8.	Enclosed is Shs: …………………………… in payment of the examination fee in the form of MONEY/POSTAL ORDER/CHEQUE NUMBER. function a15(msg) { myWindow=window.open(”,”,’width=233,height=58,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}6 Do not Enclose Cash. NB: Cheques to be crossed A/C payee only.
9.	I last sat for the Board’s examination in May/November Year ………………..
10.	I have read and agree to abide by the Examination Regulations and procedures of the Board and accept that any false information supplied by me will invalidate my application.
11.	EXAMINATION FEES
	Full examination	Professional I	Shs: ……….
	Referred/Conversion Subject		Shs: ……….
	Signature: …………………………….
	Date: …………………………………..
FOR OFFICIAL USE ONLY
	Fee receipt No. …………	for Shs: ……………………………	date: …………
	Exemption fee Shs: ……	Receipt No. ……………………….	date: …………
	Subscription fee Shs: …	Receipt No. ……………………….	date: …………
	Comments by Examination Division: ………………………………………………………
	ENTRY APPROVED/NOT APPROVED on the following grounds: ……………………………………………………………………………………………………..
				Executive Director ………………. Stamp: …………………………….. Date: ……………………………….
	This application is NOT VALID without Executive Director’s Stamp and Signature.

(NBAA) THE NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS TANZANIA
	Mhasibu House, Bibi Titi Mohamed Street, P.O. Box 5128. DAR ES SALAAM.
PROFESSIONAL LEVEL II EXAMINATION ENTRY FORM
Before filling in this form, please study carefully the examination procedures and regulations AS STIPULATED IN THE STUDENTS’ HANDBOOK.
					For Official use only Index No. allocated ……………………….

1.	NAME			(Mr./Mrs./Ms.) function a16(msg) { myWindow=window.open(”,”,’width=233,height=64,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}7

	SURNAME (LAST NAME)	FIRST NAME	OTHER NAMES (INITIAL(S))
2.	ADDRESS
	FOR POSTING EXAMINATION ADMISSION LETTER/RESULTS LETTER




3.	CANDIDACY REGISTRATION NUMBER (CR. NO.)

4.	CENTRE REQUESTED: …………………………
5.	EXAMINATION PAPERS
	EXAM CODE NO.	SUBJECT	PLACE AN (X) HERE
	P.05	COST ACCOUNTING
	P.06	AUDITING
	P.07	DATA PROCESSING AND MIS.
	P.08	TAXATION I
	CLOSING DATE: ………………………………….
6.	CERTIFICATION BY INSTITUTION
	I certify that the above candidate has completed/will be completing his/her minimum period of twelve months’ preparation for the above examination before the commencement of the above examination.
	Duration of Training from ………………………….. to …………………………………
	Date: …………………….		………………………………….. Signature of Co-ordinator of the programme (with official stamp)
7.	I wish to enter the examination to be held in: ………………………………………..
				MAY/NOVEMBER 20……
8.	Enclosed is Shs: …………………………… in payment of the examination fee in the form of MONEY/POSTAL ORDER/CHEQUE NUMBER. function a17(msg) { myWindow=window.open(”,”,’width=233,height=58,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}8 Do not Enclose Cash. NB: Cheques be crossed A/C payee only.
9.	I last sat for the Board’s examination in May/November Year ………………..
10.	I have read and agree to abide by the Examination Regulations and procedures of the Board and accept that any false information supplied by me will invalidate my application.
11.	EXAMINATION FEES
	Full examination	– Professional II	Shs: ……….
	Referred/Conversion Subject –		Shs: ……….
	Signature: …………………………….
	Date: …………………………………..
FOR OFFICIAL USE ONLY
	Fee receipt No. …………	for Shs: ……………………………	date: …………
	Exemption fee Shs: ……	Receipt No: ……………………..	date: …………
	Subscription fee shs: …	Receipt No: ……………………….	date: …………
	Comments by Examination Division: ………………………………………………………
	ENTRY APPROVED/NOT APPROVED on the following grounds: ……………………………………………………………………………………………………..
				Executive Director ………………. Stamp: …………………………….. Date: ……………………………….
	This application is NOT VALID without Executive Director’s Stamp and Signature.

(NBAA) THE NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS TANZANIA
	Mhasibu House, Bibi Titi Mohamed Street, P.O. Box 5128, DAR ES SALAAM.
PROFESSIONAL LEVEL III EXAMINATION ENTRY FORM
Before filling in this form, please study carefully the examination procedures and regulations AS STIPULATED IN THE STUDENTS’ HANDBOOK
					For Official use only Index No. allocated ……………………….

1.	NAME			(Mr./Mrs./Ms.) function a18(msg) { myWindow=window.open(”,”,’width=233,height=64,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}9

	SURNAME (LAST NAME)	FIRST NAME	OTHER NAMES (INITIAL(S))
2.	ADDRESS
	FOR POSTING EXAMINATION ADMISSION LETTER/RESULTS LETTER




3.	CANDIDACY REGISTRATION NUMBER (CR. NO.)

4.	CENTRE REQUESTED: …………………………
5.	EXAMINATION PAPERS
	EXAM CODE NO.	SUBJECT	PLACE AN (X) HERE
	P.09	FINANCIAL ACCOUNTING II
	P.10	QUANTITATIVE TECHNIQUES
	P.11	TAXATION II
	P.12	BUSINESS ADMINISTRATION AND MANAGEMENT
	CLOSING DATE: ………………………………….
6.	CERTIFICATION BY INSTITUTION
	I certify that the above candidate has completed/will be completing his/her minimum period of twelve months’ preparation for the above examination before the commencement of the above examination.
	Duration of training from ………………………….. to …………………………………
	Date: …………………….		………………………………….. Signature of Co-ordinator of the programme (with official stamp)
7.	I wish to enter the examination to be held in: ………………………………………..
				MAY/NOVEMBER 20……
8.	Enclosed is Shs: …………………………… in payment of the examination fee in the form of MONEY/POSTAL ORDER/CHEQUE NUMBER. function a19(msg) { myWindow=window.open(”,”,’width=233,height=58,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}10 Do not Enclose Cash. NB: Cheques to be crossed A/C payee only.
9.	I last sat for the Board’s examination in May/November Year ……………………..
10.	I have read and agree to abide by the Examination Regulations and procedures of the Board and accept that any false information supplied by me will invalidate my application.
11.	EXAMINATION FEES
	Full examination	Professional III	Shs: ……….
	Referred/Conversion Subject		Shs: ……….
	Signature: …………………………….
	Date: …………………………………..
FOR OFFICIAL USE ONLY
	Fee receipt No. …………	for Shs: ……………………………	date: …………
	Exemption fee Shs: ……	Receipts No: ……………………..	date: ………….
	Subscription fee Shs: …	Receipt No: ……………………….	date: ………….
	Comments by Examination Division: ………………………………………………………
	ENTRY APPROVED/NOT APPROVED on the following grounds: ……………………………………………………………………………………………………..
				Executive Director ………………. Stamp: …………………………….. Date: ……………………………….
	This application is NOT VALID without Executive Director’s Stamp and Signature.

(NBAA) THE NATIONAL BOARD OF ACCOUNTANTS AND AUDITORS TANZANIA
	Mhasibu House, Bibi Titi Mohamed Street, P.O. Box 5128, DAR ES SALAAM.
PROFESSIONAL IV EXAMINATION ENTRY FORM
Before filling in this form, please study carefully the examination procedures and regulations AS STIPULATED IN THE STUDENTS’ HANDBOOK
					For Official use only Index No. allocated ……………………….

1.	NAME			(Mr./Mrs./Ms.) function a20(msg) { myWindow=window.open(”,”,’width=233,height=64,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}11

	SURNAME (LAST NAME)	FIRST NAME	OTHER NAMES (INITIAL(S))
2.	ADDRESS
	FOR POSTING EXAMINATION ADMISSION LETTER/RESULTS LETTER




3.	CANDIDACY REGISTRATION NUMBER (CR. NO.)

4.	CENTRE REQUESTED: …………………………
5.	EXAMINATION PAPERS
	EXAM CODE NO.	SUBJECT	PLACE AN (X) HERE
	P.13	FINANCIAL ACCOUNTING III
	P.14	MANAGEMENT ACCOUNTING
	P.15	AUDITING AND INVESTIGATIONS
	P.16	FINANCIAL MANAGEMENT
	CLOSING DATE: ………………………………….
6.	CERTIFICATION BY INSTITUTION
	I certify that the above candidate has completed/will be completing his/her minimum period of twelve months’ preparation for the above examination before the commencement of the above examination.
	Duration of Training from ………………………….. to …………………………………
	Date: …………………….		………………………………….. Signature of Co-ordinator of the programme (with official stamp)
7.	I wish to enter the examination to be held in …………………………………………
				MAY/NOVEMBER 20……
8.	Enclosed is Shs: …………………………… In payment of the examination fee in the form of MONEY/POSTAL ORDER/CHEQUE NUMBER. function a21(msg) { myWindow=window.open(”,”,’width=233,height=58,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}12 Do not Enclose Cash. NB: Cheques to be crossed A/C payee only………………………………………..
9.	I last sat for the Board’s examination in May/November Year ………………..
10.	I have read and agree to abide by the Examination Regulations and procedures of the Board and accept that any false information supplied by me will invalidate my application.
11.	EXAMINATION FEES
	Full examination	– Professional IV	Shs. ……….
	Referred/Conversion Subject –		Shs. ……….
	Signature: …………………………….
	Date: …………………………………..
	FOR OFFICIAL USE ONLY
	Fee receipt No. …………	for Shs: ……………………………	Date: …………
	Exemption fee Shs: ……	Receipts No: ……………………..	Date: …………
	Subscription fee Shs: …	Receipt No: ……………………….	Date: …………
	Comments by Examination Division: ………………………………………………………
	ENTRY APPROVED/NOT APPROVED on the following grounds: ……………………………………………………………………………………………………..
				Executive Director ………………. Stamp: …………………………….. Date: ……………………………….
	This application is NOT VALID without Executive Director’s Stamp and Signature.

REGULATIONS

THE NATIONAL BOARD OF AUDITORS AND ACCOUNTANTS (PRACTISING) REGULATIONS

(Section 45)

[1st July, 1997]

G.N. No. 316 of 1997

1. Citation

These Regulations may be cited as the National Board of Auditors and Accountants (Practising) Regulations.

2. Interpretation

In these Regulations, unless the context otherwise requires–

“Act” means the Accountants and Auditors (Registration) Act function a22(msg) { myWindow=window.open(”,”,’width=157,height=81,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}*;

“partnership” means a form of business organization in which, two or more persons go into business as co-owners to share profits and losses in accordance with the partnership agreement;

“public practice” means the practice or functions of an Accountant or Auditor at the disposal of the public for a consideration;

“I.A.S.C.” means the International Accounting Standards Committee;

“I.F.A.C.” means the International Federation of Accountants.

3. Eligibility for application of Certificate of Practice

(1) Any Certified Public Accountant with the required auditing experience may apply for a Certificate of Practice as set out in the Schedule to these Regulations.

(2) The Certificate of Practice shall be renewed on the first business day of January of each year:

Provided that upon renewal the applicant shall comply with the provisions of regulation 5.

4. Prohibition of practice

No person or firm shall practice as a certified Public Accountant in Public Practice unless that person or firm has been issued with a Certificate of Public Practice.

5. Issuance of practising certificate

(1) A person or firm applying for the issue or renewal of a practising certificate shall fulfil the following conditions, namely–

(a) undertake to take professional indemnity insurance cover equal to at least three times the latest annual turnover of the firm;

(b) observe and comply with the local auditing and accounting standards and guidelines or similar directives issued by the Board from time to time;

(c) in the absence of local auditing and accounting standards and guidelines, be guided by the guidelines issued by I.F.A.C. and I.A.S.C;

(d) undertake to maintain the quality of his knowledge, skills and service by participating in continuing professional education programmes as directed by the Board from time to time;

(e) strictly observe the code of ethics and conduct issued by the Board;

(f) make arrangements for the continuity of the practice in the event of death or incapacity;

(g) have a proper place of business with proper physical address.

(2) A successful applicant shall pay an annual practising fee as determined by the Board from time to time.

6. Registration of practising firms

An application for registration of a practising firm shall be in Form “A” set out in the Schedule to these Regulations, and shall be reviewed by the Board from time to time.

7. Description of practising firms

8. Condition of partnership

No registered member in public practice shall go into partnership with a member who is not registered.

9. Payment of annual audit fee

Any firm registered by the Board in public practice shall pay an annual audit fee as prescribed by the Board from time to time.

10. De-registration of practising firms

Registration of a practising firm shall cease on the occurrence of any of the following, namely–

(a) where the firm is convicted in a court of law for a criminal offence;

(b) where the actions of the firm’s partners constitute a breach of professional conduct or ethics;

(d) failure of the firm to pay the annual firm fees;

(e) failure of the firm to comply with the Accounting Standards and Guidelines issued by the Board, IFAC or IASC from time to time;

(f) failure of the firm to keep proper book of accounts as required by law and to pay the required tax to the Government;

(g) failure of the firm to maintain good quality work for its clients; or

(h) failure of the firm to participate in continuing professional programmes.

SCHEDULE

AUDIT FIRM CLEARANCE CERTIFICATE

(NBAA)

THE NATIONAL BOARD OF AUDITORS AND ACCOUNTANTS

	N.I.C. Investment House, Saniora Avenue, P.O. Box 5128, Dar es Salaam
NBAA/CF/RMC.1/IV	Clearance Certificate ……………………………

This is to certify that M/S ……………………………………………………………………………………..
of P.O. Box ………………………………………………………………………………………………………
have duly filed their application with the Board in accordance with requirements of the Accountants and Auditors (Registration) Act function a23(msg) { myWindow=window.open(”,”,’width=143,height=77,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}* and are eligible to practice in Tanzania.

We have no hesitation in recommending their application for issue of a trading licence and or certificate of incorporation/registration as a partnership firm function a24(msg) { myWindow=window.open(”,”,’width=233,height=73,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}1.

Given under the seal of the Board on this …………….. day of ……………… 20…………

……………………………………..
Executive Director

FORM A
APPLICATION FOR REGISTRATION OF AUDIT FIRMS

The National Board of Auditors and Accounts Regulations

(Regulation 6)

(Please use block capital letters only. Read notes before filling form)

This form should be returned to:

The Executive Director,
National Board of Accountants and Auditors,
P.O. Box 5128,
Dar es Salaam.

Section I: Personal Particulars:
1. Name of the Firm: ………………………………………………………………………………..
2. Date of Registration (if applicable): …………………………………………………………..
3. Business Name Registration No. (if applicable) …………………………………………..
4. Mailing Address: ………………………………………………………………………………… ……………………………………………………………………………………………………….
5. Physical Address of Registered Business: ……………………………………………….. ……………………………………………………………………………………………………….
6. Tel. No.: ……………………………………. Fax No.: ………………………………………..
7. Annual Turnover in T.Shs: ………………………………………………………………………
8. Total Fixed Assets in T.Shs. ………………………………………………………………….. ……………………………………………………………………………………………………….
9. No. of Firms’ Clients: (a) within Tanzania ……………………………….
(b) outside Tanzania ……………………………..
10. Name and Address of Affiliated Consulting/Audit Firm: ……………………. …………………………………………………………………………………………. ………………………………………………………………………………………….
11. The following job category best describes what we offer to the Public:
General Practising Service ……………………………………………….
Auditing ……………………………………………………………………….
Insolvency …………………………………………………………………….
Management Consultancy ………………………………………………..
Taxation ……………………………………………………………………….
Accounting ……………………………………………………………………

Part 2: Particulars of Partners:

1. Number of Partners: ……………………………………………………………………

2. Names of Partners, Qualifications and their Registration Status with NBAA.

1. ……………………………………………………………………………………….

2. ……………………………………………………………………………………….

3. ……………………………………………………………………………………….

4. ……………………………………………………………………………………….

5. ……………………………………………………………………………………….

Part 3: Particulars of Employees:

1. Number of Key Employees:

2. (a) Local ………………………………….. (b) Foreigners………………………………..

Attach Names and Qualifications of each key employee

Part 4: Professional Information:

Our Audit Firm has a standing Qualify Audit Review Scheme/will require to be incorporated into a Quality Audit Review Scheme initiated by NBAA. function a25(msg) { myWindow=window.open(”,”,’width=289,height=68,left=400 ,scrollbars=1,top=400,screenX=400,screenY=100′);myWindow.document.write(msg);}1.

FOR OFFICIAL USE

1. Date Application received: ………………………………………………………….

2. Registration Fees received: ………………………. Receipt No…………………

3. Annual Subscription fees received Shs. ……….. Receipt No………………….

4. Documentary evidence attached to the application consist of ………………

5. Executive Director’s comments: …………………………………………………..

…………………………………………………………………………………………….

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