The Public Accountants’ and Auditors’ Board administers training regulations (“Regulations”) pertaining to the training of trainee accountants, registration of training officers and administration of training contracts.
Training administration also includes the set of requirements with which an organisation has to comply before it can be accredited or re-accredited as a training office. These Regulations are interpreted in a manner that is consistent with the PAA Act 51 of 1951 (as amended), By-laws, Code of Professional Conduct and any other applicable legislation of the Republic of Namibia.
In order to ensure that the PAAB qualification retains its status and credibility, PAAB has to fulfill certain responsibilities in relation to its training programme and ensure that prospective PAAB members are equipped with the skills required to perform a wide variety of roles and activities.
Training administration includes:
- Training office accreditation
- Training officer registration
- Assessor registration
- Trainee accountant registration
- Training contract administration:-