• Tanzania Association of Accountants

WHY TAA?

Apart from working with Accountants in Tanzania, we link them with business and connect them with employment opportunities.

We link the society with professionals, i.e Linking Business Owners of all levels with a nearby Financial expert for assistance.

The membership benefits include:

i) A career in accounting profession can be enhanced by joining a professional accounting association like TAA;

ii) Individual professional growth and accreditation depend on Continued Professional Education (CPE) hour’s classes, TAA organized training sessions offers CPE hours recognized by National Board of Accountants & Auditors (NBAA);

The association is managed democratically elected office bearers and each member has the rights to elect and be elected as office bearer;

i) TAA appoints 4 members to represent association into the NBAA Board; hence through this representation the association’s represents and protect the interests of its members into country’s regulatory organ ie NBAA;

ii) The association promotes the skills, experience & values that members bring to their workplace;

iii) Industry Support – TAA is active in representing the views of all accounting through Government regulations, Industry discussions and other development issues in the country;

iv) TAA offers a range of training and professional development opportunities for accountants to enhance their professional career prospects and

v) TAA website provides Members with access to relevant information including a technical resource library, discussion forums and other useful downloads regarding new development and updates in professional developments.

TAA’s mission is to provide services to and on behalf of its members in public accounting, industry, education and government aimed at facilitating their professional and social development and promote public confidence in their services.

Membership of the Association is open to professionally qualified accountants, accounting firms, accountancy training institutions and students associations who are registered with National Board of Accountants and Auditors.

TAA differs with NBAA as follows:

  1. TAA is a voluntary professional association registered under Societies Ordinance in 1983 started its operations from 02nd January, 1983; whereas NBAA is a regulatory body established by Act No. 33 of Parliament in 1973 commenced its operations from 15th January, 1972;
  2. NBAA is a Government institution under the Ministry of Finance and Economic Planning hence its serves the interests of the Government while TAA is owned by Members and taking care interests of Members;
  3. NBAA is headed by Executive Director implementing Governing Board directives while TAA Governing Council directives are managed by Executive committee through permanent secretariat;
  4. NBAA is an examination body for the accountancy profession qualifications while TAA is not examining institution;
  5. TAA is represented by 5 Members in NBAA Governing Board while NBAA has no representatives in TAA Governing Council;
  6. TAA allows membership from foreign employees working in the country permanently while NBAA while NBAA enroll them on temporary basis; and
  7. Fees charged by NBAA are mandatory while TAA fees are not mandatory rather than token to facilitate running of day to day activities of the association in achieving the overall objectives of the association.