a) Attainment of professional competence: The attainment of professional competence mean qualifications evidencing education levels such as: secondary school, college, university, post graduate master, PhD or CPA Certificate and Accountancy Practicing Certificate etc. Professional competence may require work experience (period of practice).
b) Maintenance of professional competence:
(i) The maintenance of professional competence requires a continuing updating of changes in the accountancy and auditing profession including relevant national and international pronouncements on accounting, auditing and other relevant regulations and statutory requirements.
(ii) The person who performs accounting work and person who performs auditing work should at minimum attend the compulsory annual technical update program designed to ensure quality control in the provision of professional services consistent with appropriate national and international pronouncements