In accordance with the provisions of the Accountants and Auditors (Registration) By-Laws, 2017 and NBAA Guidelines on Continued Professional Development (CPD), non-compliance with the CPD requirements will result in sanctions being imposed on members who are not compliant within the required calendar year.

Clause 17(3) of the Accountants and Auditors (Registration) By-Laws, 2017 states that “A registered person who, without cause, fails to attain the required Continuing Professional Development hours shall pay to the Board a penalty fee as prescribed in the Third Schedule”. The Third Schedule indicates a charge of US$.500 or equivalent for failure to attain the required Continued Professional Development hours. Furthermore, clause 17(4) elaborates that, for the avoidance of doubt, persons referred to are: Temporary registered Certified Public Accountants (TACPAs and TFCPAs), Temporary registered Certified Public Accountants in Public Practice (TACPA-PPs or TFCPA-PPs), or Certified Public Accountants in Public Practice (ACPA-PPs or FCPA-PPs).

Based on information generated from MEMS, our records indicate that list of members attached to this public notice have not attained the minimum requirements of relevant CPD activities for the calendar year ended 31^st December 2022 which required you to attain 40 CPD hours.

This notice serves to inform listed members that the Board is imposing a penalty of TZS equivalent amount to USD 500 for failure to attain the required 40 CPD hours during the calendar year ended 31^st December 2022. Click this link to see the list of CPD-non-compliant’ members liable to pay penalty.

If you are in the list, you are required within thirty days from the date of this notice to pay the penalty or within twenty-one days from the date of this letter show cause as to why the Board should not impose a penalty for non-compliance with the CPD requirements. After the expiry of twenty-one days, the Board will not accept any presented case with regard to penalty imposed.

To pay for the penalty please login into your MEMS’ account, open subscription bills menu available under bills and click pay now to generate control number.

Failure to pay the penalty within the required time for those members who have no reasonable cause may lead to disciplinary action that the Board may consider appropriate as per the NBAA Establishing Act, Cap 286.

All enquiries should be addressed to:

EXECUTIVE DIRECTOR,

AUDIT HOUSE, 8^TH FLOOR,

4 ‘BARABARA YA UKAGUZI’

P.O BOX 1271

41104 TAMBUKARELI

DODOMA