According to the most recent data from the South African Institute of Chartered Accountants (SAICA), there are just over 21 000 chartered accountants in South Africa. This means that, on average, there are approximately one chartered accountant for every 480 people in the country.
While this number may seem small, it’s worth noting that the number of chartered accountants has grown significantly over the past few years. In fact, SAICA reports that the number of chartered accountants has increased by almost 30% since 2012.
So, if you’re looking for someone to help with your small company’s finances or your marketing agency’s budget, chances are there’s a chartered accountant nearby who can help.
While the number of chartered accountants in South Africa may be small, they play a big role in the country’s economy.
What is the difference between chartered accountants and public accountants?
A chartered accountant is a worldwide credential that qualifies an individual to offer financial consultation and keep financial records, and a certified public accountant is an accounting professional who has completed the necessary education and training to become a public accountant in the United States.
