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Specialist in not-for-profit

Specialise in the accounting and financial reporting of NPOs, NPC, Schools and NGOs.

R 2500
Category Licence
Accredited SAIBA
CPD Hours 25
Effort 2 month's study, 6 hours per week
Duration 60 hours
Format Self-study
Level NQF Level 6
Assessment Yes
Supervised No
Pre-Entry Yes
Tuition Optional
Study Material Yes

What you will learn

The objective of this licence is to equip Business Accountants with the designations BAP(SA) to:

  • Develop their skills in charity and non-profit organisation accounting, financial management, and financial reporting.
  • Develop a specialist knowledge of the Non-Profit Organisations Act, 71 of 1997 and Income Tax Act provisions regarding Public Benefit Organisations.
  • Recognise the financial statement presentation and disclosure requirements that apply to not-for-profit entities.
  • Identify Department of Social Development and SARS filing requirements of an exempt organisation, recognise the core components of the annual information return, and identify when an NPO may be subject to unrelated business income tax.
  • Recognise best practices in NPO board governance, risk assessment and internal controls.
  • Identify steps involved in planning a successful audit, review or accounting officer engagement and identify key considerations and client communications.

To obtain the licence 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.

*SAIBA provides guides that are available as part of your preparation. Any recommended textbooks and webinars are an additional cost for your own expense. 

Study Units

Identify the unique aspects of NPEs.

Understand the differences between for-profit entities and NPEs.

Recognise the various types of NPEs.

Identify NPE-specific terminology.

Identify the basic financial statement presentation differences between for-profit entities and NPEs.

Identify examples of the differences in the organisational structures of for-profit entities and NPEs.

Understand the provisions relevant legislation affecting NPEs including the Non-Profit Organisations Act, 71 of 1997, Companies Act, 71 of 2008 (NPC), and Income Tax Act provisions regarding Public Benefit Organisations.


Financial Statement Presentation



Programmatic Investments

Split-interest Agreements and Endowments


Fair Value Issues Specific to NPEs

Net Assets

Revenue from Contributions

Exchange and Agency Transactions


Meaning of exempt purpose

Related vs. unrelated activities

Definition of unrelated business income

Consequences of excessive unrelated business income

Exempt vs. non-exempt income

Statutory exemptions and exclusions

SARS Filing Requirements

Best Practices in Board Governance

Risk Assessment and Internal Controls

Fraud Overview and Prevention

Auditing, Review, Accounting officer, Compilation considerations

Planning the professional engagement

Financial Oversight, Budget and Strategy


The entry requirements for the licence is a BAP(SA) or an equivalent designation at NQF level 7, together with a minimum of 8 years of relevant experience.


As specialist in performing Non-Profit Engagements your will stand out from the crowd, be able to attract more clients, and earn higher fees.

As an accountant that specialises in NPOs, Schools, PBOs, Fund-raising, Lotto applications, and NPCs you will be able to set yourself apart with this license that covers the essentials of not-for-profit financial management, including accounting and financial reporting, tax compliance, governance and assurance.

Download the Prospectus

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