NATIONAL BOARD OF ACCOUNTANTS & AUDITORS ( NBAA)

ABOUT US

The NBAA is a Tanzanian accountancy professionalbody established under the Auditors and Accountants(Registration) Act No 33 of 1972, as amended by Act No 2 of 1995. It is an accountancy regulatory professional body,operating under the Ministry of Finance and Economic Affairs of Tanzania (MOFEA). The Board started carrying out its activities from 15th January 1973.

The NBAA has made a significant contribution to accountancy development in Tanzania over the pastdecade, especially on administration and examination processes. NBAA is an examining body for the accountancy professional qualifications. However, NBAA does not train candidates who are preparing to sit for its examinations, but is collaborating with a number of training institutions, both public and private institutions to train candidates for its examinations. Training can either be on full time or on part time basis, depending on one’s choice. There is a number of training institutions in the country offer training and learning facilities for the candidates’ preparing for the Board’s examinations.

Various reports have indicated that Tanzania has shortage of qualified accountants compare to other African countries. The qualified accountants are the ones who have passed the Board’s examination and awarded the Certified Public Accountants, CPA (T) certificate. Becoming a CPA (T) requires the candidates passing the Board’s examination and obtaining practical experience. Candidates pursuing the Board’s examination must have the same entry qualifications as for university.