>>> The Institute of Accounting and Commerce (IAC)

In terms of section 60 of the close corporations act 69 of 1984, the Institute of Accounting and Commerce (IAC) registers Accounting Officers, since 2013 is also a Recognised Controlling Body with SARS for Tax Practitioners (in terms of section 240 of the tax administration act 28 of 2011), and since 2016, the IAC is a Recognised Controlling Body for Business Rescue Practitioners.