Somali Institute of Certified Public Accountants
About SICPA
The Somali Institute of Certified Public Accountants (SICPA) is the statutory Professional Accountancy Organization (PAO) in Somalia, established under Law No. 45 of 2026. SICPA serves as the national authority responsible for regulating, developing, and advancing the accountancy profession in Somalia in line with international best practices.
Regulatory Authority
Our Mandate in Somalia
The Somali Institute of Certified Public Accountants (SICPA) is the statutory Professional Accountancy Organization (PAO) in Somalia, established under Law No. 45 of 2026. SICPA serves as the national authority responsible for regulating, developing, and advancing the accountancy profession in Somalia in line with international best practices.
SICPA serves as the central authority responsible for ensuring that the accountancy profession operates with the highest levels of integrity, professionalism, and public accountability. It plays a critical role in strengthening financial reporting, audit quality, and governance across both public and private sectors.
Local expertise defining the future of Somali finance.
Vision
“To be a strong, innovative, and globally respected Professional Accountancy Organization, leading the advancement of the accountancy profession in Somalia and beyond.”
Mission
“To promote and uphold the highest standards of professional conduct, ethics, and technical competence among members, thereby safeguarding the public interest and contributing to national development.”
Core Values
SICPA upholds the fundamental principles of the accountancy profession, including:
- Integrity – Acting with honesty and strong moral principles
- Objectivity – Ensuring impartiality and avoiding conflicts of interest
- Professional Competence and Due Care – Maintaining knowledge and skills at required levels
- Confidentiality – Respecting the privacy and sensitivity of information
- Professional Behavior – Complying with laws, regulations, and ethical standards
Our Core Pillars
Providing the framework for excellence in the financial sector across Somalia.
Professional Standards & Regulation
Defining and enforcing the highest technical and ethical standards for the industry.
Public Interest Protection
Acting as a guardian for the public interest through transparency and accountability.
Training & Certification
Comprehensive educational pathways and continuous professional development.
Representation of Accountants
Advocating for the rights and interests of accounting professionals nationwide.
Elevate Your Career with SICPA
Join the ranks of Somalia’s most distinguished financial professionals. Gain the accreditation that opens doors globally.
Core Objectives
Strategic pillars driving the development and oversight of Somalia’s accounting landscape.
Regulation of the Profession
To regulate the accountancy profession in Somalia, including prescribing and enforcing standards for professional accountants and practicing firms.
Protection of Public Interest
To safeguard the public interest by ensuring adherence to the highest standards of ethical conduct, professional competence, and accountability.
Standard Setting and Adoption
To establish, adopt, and continuously improve accounting, auditing, and ethical standards in line with international best practices.
Licensing and Oversight
To issue practicing licenses to professional accountants and firms, and to monitor compliance with the Institute’s Act and bylaws.
Quality Assurance
To review and assess the performance of firms and practitioners to ensure compliance with professional, ethical, and regulatory requirements.
Professional Development
To develop the profession through education, certification, and management of examinations, as well as continuous development (CPD).
Research & Knowledge
To undertake research and publish findings that contribute to the advancement of the profession and informed policy-making.
Advisory Role to Government
To provide expert advice to the Government on issues related to the accountancy profession, financial management, and regulatory frameworks.
Ethics and Discipline
To establish and enforce a robust ethical framework, including taking disciplinary action against members who fail to meet professional standards.
Elevate Your Career with SICPA
Join the ranks of Somalia’s most distinguished financial professionals. Gain the accreditation that opens doors globally.