OBS_VALUE: There is a recognition scheme of the qualification awarded by other chartered accountancy bodies abroad under certain conditions. SAICA has Reciprocal Membership Agreements (RMA) or Mutual Recognition Agreements (MRA) with limited number of foreign proffessional accountancy bodies. Members of these bodies can apply for SAICA membership and become chartered accountants in South Africa under certain conditions and provided they meet the criteria. For more information about the membership in SAICA, here: https://www.saica.org.za/become-a-member Regarding the license scheme, both accounting and auditing are subject to the Auditing Profession Act since the qualification of chartered accountant is prerequisite of that of registered auditors. Additional information, in the following link: http://www.irbalearning.co.za/