The Institute

The Institute of Certified Public Accountants of Zimbabwe abbreviated as ICPAZ was incorporated as a Company in 1984 as the Zimbabwe Institute of Public Finance and Accountancy (ZIPFA) and subsequently changed its name in May 2007 to its current name. ICPAZ is independent of Government control and, like all other accounting bodies in Zimbabwe (including nominating member), is a member of the local Public Accountants and Auditors Board which oversees all accounting and auditing bodies in the country. . The Institute is also a member of the Pan African Federation of Accountants (PAFA) PAAB and its member bodies adopt IFAC Code of Ethics and ICPAZ, like other members of IFAC in Zimbabwe, therefore has no direct responsibility for establishing its own code of ethics. ICPAZ is based in Zimbabwe. The official language of Zimbabwe is English. ICPAZ examinations are conducted in the English language.

ICPAZ is one of the constituent bodies of the Public Accountants and Auditors Board (PAAB). PAAB was founded by an act of Parliament, Act 13/1995, Chapter 27:12; PAAB is the only setter of Accounting and Auditing Standards in Zimbabwe and it is also the only authority that issues Practicing Rights in Zimbabwe.


The Institute is the educational, representative and regulatory body for over 1,000 members and students. More info ...

There is no constant threat of loss of respect and loss of international recognition faced by local professionals where examinations originate locally.

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Victoria Falls

Zimbabwe is located in Southern Africa, between South Africa and Zambia at geographic coordinates 20 00 S, 30 00 E. It is also bordered by Botswana and Mozambique.

Area total: 390,580 sq km
land: 386,670 sq km
water:3,910 sq

The country has a tropical climate, moderated by altitude. The rainy season starts from November to March. The terrain is mostly high plateau with higher central plateau (high veld) and mountains in the east. The lowest point in the country is the junction of the Runde and Save rivers, at 162m and the highest point is Inyangani at 2,592m. Natural resources include coal, chromium ore, asbestos, gold, nickel, copper, iron ore, vanadium, lithium, tin, platinum group metals

Great ZimbabweGreat Zimbabwe, the greatest medieval city in sub-Saharan Africa, provides evidence that ancient Africa reached a level of civilisation not suspected by early scholars. As a religious and secular capital, this city of 10,000 to 20,000 people dominated a realm which stretched across eastern Zimbabwe and into Botswana, Mozambique and South Africa between the 13th and 15th centuries

The structure best identified with the site is the elliptical Great Enclosure. Nearly 100m (330ft) across and 255m (840ft) in circumference, it's the largest ancient structure in sub-Saharan Africa. The mortarless walls rise 11m and, in places, are 5m (16ft) thick. The most accepted theory is that it was used as a royal compound. The greatest source of speculation is the 10m (33ft) high Conical Tower, a solid and apparently ceremonial structure which probably has phallic significance. The monument is in south-eastern Zimbabwe, accessible from Masvingo by bus.

Vistoria FallsVictoria Falls town was built on tourism and has now developed into an archetypal tourist trap. Fortunately, the star attraction is safely cordoned off by a real jungle of its own creation. To walk along the paths through the spray-generated rainforests that flank the gorge, you'd never suspect the existence of anything other than the monumental waterfall that's giving you such a good soaking. For something really special, time your visit to coincide with the rising of the full moon when the park stays open later to allow you to witness the magical lunar rainbow over the falls.

International relations

CPA (Zimbabwe) is a member of PAFA (Pan African Federation of Accountants). The institute is actively seeking IFAC membership and other institutes. In Zimbabwe the institute proactively participates in the PAAB activities. The PAAB gives the five main Accountancy Bodies a platform to meet and discuss matters affecting the profession, and also allows them to present themselves as a unified force to address issues with Government and other regulators. CPA continues to adopt that position.

The institute was a founding member of the PAAB in Zimbabwe- the national Standards Setter for the accountancy profession in Zimbabwe.

Members of the Council and Office Bearers

The members of the Council of the Institute from the twenty-fifth (25th) Annual General Meeting (AGM) up to the next AGM to be held on 02 October 2014 are listed on the Office Bearers page.

Legal Standing

The Institute of Certified Public Accountants is a constituency member of Public Accountants and Auditors Board (PAAB), CHAPTER 27:12 Public Accountants and Auditors Board is a statutory body governed by an Act of Parliament in Zimbabwe for the accreditation of Registered Public Accountants and Auditors. PAAB does not set examinations. Examinations are set by the constituent professional bodies.

Continuing Professional Education

The CPA Institute is a strong advocate of CPE. From 2007 the institute reinforced mandatory Continuing Professional Education (CPE),programme for all members. The CPE requirement ensures that members maintain their existing technical skills and knowledge to the highest level, acquire new skills, and professional skills, and advance their personal development throughout their careers.


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