NIPA, previously the Namibian Region of the South African Institute of Professional Accountants (SAIPA), was formally established in June 2007. Its constitution enables it to regulate the accounting profession in Namibia. Individuals who perform non-attest functions, such as accounting, tax, and business consulting, may voluntarily join NIPA as a Practicing Member (NIPA PM); Accredited Bookkeepers; (NIPA AB); or Trainee Members and be subject to the institute’s rules and regulations. NIPA’s responsibilities are to: (i) advance the accountancy profession and contribute to the development of the profession to provide high-quality services in the public interest; (ii) uphold and enforce a high standard of efficiency and professional conduct by all members; (iii) institute and implement investigative and disciplinary processes with penalties that include suspension of, or expulsion from, membership; (iv) provide continuous professional development (CPD) for members and ensure compliance with CPD requirements; (v) promote the application of internationally accepted accounting practice and standards; (vi) establish and accredit training programs or centers and as well as trainers in accountancy and to regulate such training schemes and centers. NIPA is also a member of PAFA.