Dear Prospective Member

ICAM MEMBERSHIP

We would like to advise you that to avoid delays in processing your application for
membership, you need to ensure that you have provided the following:

1. The application should be sponsored by two existing members of ICAM (proposer

and seconder).

2. Copies of certificates of your professional qualifications. At least one of your

sponsors or Commissioner of Oaths needs to write on the copy certificates that
he/she has seen the original. The sponsor should then sign for this statement and
indicate his/her mailing address.

3. You need to provide a detailed Curriculum Vitae.

4. Your employers should provide a letter of reference in support of your membership

and should comment specifically on the following:-
  
Your skill and competence;
  
The nature and extent of accountancy duties undertaken by you;
  
Responsibilities undertaken by you;
  
Your attitude to work;
  
Your ability to exercise judgement; and
 
The extent to which you have developed a professional approach to work.


5. Application fees, which should be inclusive of entrance fees, MAB fees and ICAM
subscription fees. All cheques should be payable to ICAM.

We wish you all the best.

Yours faithfully

CHIEF EXECUTIVE OFFICER

 Passport
THE INSTITUTE OF CHARTERED ACCOUNTANTS IN MALAWI
Photo
P O BOX 1, BLANTYRE, MALAWI
January 2021

NON-PRACTISING MEMBERSHIP APPLICATION FORM

1. PERSONAL INFORMATION

(a) Surname (block letters)………………………………………………………..

(b) Other names (block letters)…………………………………….……………...
(c) Title (Prof., Dr, Rev, Mr, M/s, etc)…………………………………….………..
(d) Date of Birth………………………………………………………….………….
(e) Nationality………………………………………………………….…………….
(f) Academic Qualifications…………………………………………………….….
(submit certified copies of certificates)
(g) Membership of Other Professional Bodies (submit copies of certificates
certified by two sponsors)………………………………….………………..…..
(h) Country Currently Resident………………………………..…………………….
(i) Mailing Address………………………………………..…………………..……..
(j) Telephone (O)……………………(Cell) ……..…..…….. (H) …….……………
(k) Fax………………………………………………………………………………….
(l) E-mail………………………………………………………………………………

2. LATEST EMPLOYMENT INFORMATION

(a) Name and Address of Employer…………………………..…………………..

………………………………………………………………………..……………
(b) Nature of Employer's Business (e.g. Practice, Agriculture, Retail, Banking,
Transportation,
etc………………………………………………………………………………….
(c) Size of employer's organisation (approximate number of
employees)………………………………………………………………………..
(d) Your Current Job Title……………………………………………………………
(e) Duties( e.g. General Management, Accounting, Auditing, Taxation,
etc)………………………………………………………………………………….
………………………………………………………………………………………
(f) Period of Practical Experience Accumulated in Days to Date……..………..
(This should be supported by a completed log book or in special cases a
detailed CV giving type of practical experience and period in days).

3. SPONSORS

You are required to identify at least two sponsors who must be Practising or Non-
Practising members of the Institute. The proposer must be a member who has had
the opportunity to monitor/assess your work in the normal course of his/her duties
such as your training principal, Finance Manager or your auditor.
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 THE INSTITUTE OF CHARTERED ACCOUNTANTS IN MALAWI

(a) Proposer: Name……………………………………..………………..………………

Certificate No…………………………..…………..……………………..
Category of Membership……………………….………………………..
Address………………………………………….…………………………
………………………………………………….…………………………..

Declaration:
I,…………………………………………………… having known
………………………………………. for (number of
years)…………………………., am satisfied that he/she holds a
qualification(s) recognised by the Institute and in my opinion he/she is
a fit and proper person for membership of the Society and satisfies the
requirements for Non Practising Resident membership.

Signature………………….……………… Date….……..….………

(b) Seconder: Name…………………………………………………..………..…………

Certificate No……………………………………..…………..………..
Category of Membership……………………….………………………..
Address……………………………………………………………………
……………………………………………………………………………..

Declaration:
!,……………………………having known ………..………… for
(number of years)…………… years, am satisfied that he/she holds a
qualification(s) recognised by the Institute and in my opinion he/she is
a fit and proper person for membership of the Society and satisfies the
requirements for Non Practising Resident membership.

Signature…………………………….…… Date……..………………..

PAYMENT
I have enclosed a cheque for K… ………….. in payment for entrance fees and annual
subscription fees to ICAM and for registration to Malawi Accountants Board.

DECLARATION
I,………………………………………………………… am a holder of an accounting
qualification recognised by the Institute and have the minimum practical experience
required for Non Practising membership. I am aware of the contents of the Memorandum
and Articles of Association as well as the Ethical Code and By-laws of the Institute of
Chartered Accountants in Malawi, and do hereby certify that the information given by me
on this form is true and correct in every detail and do undertake, in the event of my
election as a Non-Practising member of the Institute, to observe the contents of the
aforesaid Memorandum and Articles of Association and Ethical Code and By-laws.

Signature…………………………………….……. Date………………..……………………

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APPLICATION GUIDANCE (NON PRACTISING MEMBERSHIP)

A. General
The overall requirements you need to satisfy in order to be considered as a Non
Practising member of the Institute are:

1. You must be in possession of such professional qualification(s) recognized by ICAM

or must have passed the Institute’s final professional examination and training
approved by the ICAM Council.

2. You must have gained a minimum of 500 working days relevant practical
experience. (See B below).

3. You must submit a comprehensive record of practical experience.

4. You must complete an appropriate membership application form duty signed by two
ICAM members and submit it together with a reference letter from your employer or
sponsor. (See C below)

5. You must submit copies of accounting professional certificates certified as genuine

copies by your two sponsors.

6. You must pay membership application fees which may vary from time to time.

B. Practical Experience
Your record of practical experience must be clear and concise so that it is easy to
ascertain the type of experience gained and also the period over which the
experience was gained.

(i) Applicants with experience from Public Practice

You will be expected to have gained practical experience in at least 3 of the

following areas (experience in at least two of the areas must be in great
depth):

- Financial Accounting
- Auditing
- Taxation
- Financial Management and Management Accounting

(ii) Applicants with experience from Industry, Commerce and Public Sector You
will be expected to have gained experience in all of the following areas:
- Basic Accounting
- Management Accounting
- Decision making
- Other areas e.g.Personnel
Production, Marketing
Information Systems

You must also prove that you have practical experience of not less than 150
working days in basic accounting and management accounting.
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C. Guidelines for Employers and
Sponsors Providing Letters of Reference

In addition to completing examinations, successful applicants are required to satisfy

the Council of ICAM that their accountancy experience has been of a responsible
nature, and of a scope and character appropriate to a professional qualification.

Referees are therefore kindly asked to provide comments on the applicant, taking
into account the following points:

- skill and competence in accountancy

- nature and extent of the accountancy duties undertaken
- responsibilities undertaken
- attitude to work
- ability to exercise judgement
- extent to which a professional approach to work has been developed

C. If you have any queries please contact the Secretariat.

ICAM
POBOX1
BLANTYRE
Email: [email protected]

TEL: 01 820301/01 824312

FAX: 01 824312

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 THE INSTITUTE OF CHARTEREDACCOUNTANTS IN MALAWI
POBOX1
BLANTYRE

MEMBERSHIP APPLICATIONS - PROCESSING CHECKLIST

Category of Membership

Applicant's Name

Membership of Professional Bodies

Have certificates been submitted?

Are certificates certified by a sponsor?

Is application sponsored by two ICAM members?

Has a comprehensive record of experience been

submitted?

Is relevant practical experience adequate?

Has a letter of recommendation been received?

Has fees been paid?

Recommendation for Council's approval by the Membership Admissions Committee on

……………………………………………………..

Signed on behalf of the Committee by………………………. Signature………………….

Approved for admission by Council on………………………………………………………

President's
Signature………………………………………………………………………….………………….

Date:…………………………………………………………………………………………………..

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 THE INSTITUTE OF CHARTERED ACCOUNTANTS IN MALAWI (ICAM)

ICAM SUBSCRIPTION FEES FOR 2021

ICAM TOTAL
MEMBERSHIP MAB SUB- ENTRANCE FEES
FEES FEES TOTAL FEES PAYABLE

K K K K K

Resident Practising 480,000 55,000 535,000

Non Resident Practising 480,000 55,000 535,000

Resident Non Practising 255,000 55,000 310,000

Non Resident Non Practising - 255,000 55,000 310,000

Diplomate 9,000 65,000 55,000 120,000