Independent Review Specialist

Become an Independent Review Engagement Specialist, attract more clients, get referrals from non-specialist accountants and diversify your income stream.


To obtain the license you need to provide evidence of competence in the specialist area. This evidence is presented by passing an exam. The exam is set by an independent industry expert and accredited by SAIBA.

As a SAIBA licensed practitioner you will:

  • Be equipped with the necessary skills to fulfill their statutory duties in terms of section 30(7)(b) and regulation 29 of the Act and Regulations.
  • Be equipped with the necessary skills to apply standards of conduct, quality control and ISRS 2400 in performing an independent review.
  • Specialist work attracts higher fees, with higher profit margins.


The Companies Act, 71 of 2008 requires certain companies to be audited and others to have their financial statements independently reviewed by an independent reviewer. An independent review is an alternative to the audit but still allows an opinion to be expressed on the financial statements. Independent reviews have to be performed in terms of the International Standard on Review Engagements 2400 by a qualified independent reviewer.

The Licence: Independent Review Engagements is a pre-requisite for a BAP(SA) to obtain CIPC recognition and registration as an independent reviewer and perform independent reviews.


The following pricing apply: R2,500.00
Annual renewal fee from R1,500.00
The License does not form part of a subscription package.
Any recommended textbooks and webinars are an additional cost for your own expense.


The License includes the following 6 units. For a detailed list of the topics included in the 6 units click here.

  1. Introductions and Definitions
  2. Ethics and Quality
  3. Accepting the Client
  4. Performing the Engagement
  5. Completing
  6. Issue a Report


The entry requirements to enroll are as follows:

  • a BAP(SA) (SAIBA designation) OR an equivalent designation with another professional body equivalent at NQF level 7 plus SAIBA Associate membership together with
  • a minimum of 3 years of general accountancy experience.

Should you lack the 3 years of general accountancy experience you will have the following options:

  • Enroll manually by contacting, but a certificate will NOT be issued upon completion (enrollment at the same price).
  • Apply for an exemption via our Educational Committee based on your practical experience (contact Should the committee approve your experience to be in line with the requirements for the BAP (SA) designation and you successfully obtain the BAP (SA) designation, you will be able to enroll and receive the certificate on successful completion. Should you lack the core subjects required to obtain a BAP (SA) designation, you can upskill and obtain your missing subjects (non-degree purposes). Read more here:


By enrolling in this exam preparation course, you will be provided with:

  • Reference to the recommended textbook
  • Knowledge assessments per study unit
  • Case study as final exam


The successful completion of the course contributes to 25 hours CPD of which 25% (6.25 hours) can be claimed as allocation towards your accounting CPD hours, based on SAIBA’s CPD policy that CPD should be weighed according to different categories/topics.

R 2500 VAT Incl.

Additional Course Information

Category Assurance
Accredited SAIBA
Verifiable CPD Hours 25
Non-verifiable CPD Hours N/A
Effort 1 month
Duration 1 month
Format Self-study
Level NQF Level 7
Assessment Yes
Study Material Yes
Course Date 1 February, 2020
SKU LIC200001L Categories , ,

Who should attend?

Business Accountant in Practice (SA)

Certified Business Accountants (SA)

Certified Financial Officer (SA)

Practicing members of other professional bodies – additional R360 annual fee to become a SAIBA Associate. Join here.

This event is included in the following subscription packages:

If you are not a subscriber, you need to purchase the event as a stand-alone event or subscribe to a SAIBA subscription package.

How to subscribe

Subscribers pay less for their CPD points.
SAIBA offers 4 subscription packages that provides access to everything to run a successful accounting and tax practice.

Pay a small monthly amount and gain access to monthly webinars covering ethics, financials, reporting, audit and assurance, working papers, law, technology, management topics, and tax.






012 643 1800
The Workspace
Cnr Pinaster Avenue & 18th Street
The Club Shopping Centre

The Workspace
Melrose Arch
44 Melrose Boulecard

Copyright © 2020 SAIBA Academy

Scroll to Top


The only thing that interferes with my learning is my education. - Albert Einstein

Log In to Your SAIBA Account!

Please Login
Username can not be left blank.
Please enter valid data.
Password can not be left blank.
Please enter valid data.
Please enter at least 1 characters.