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Student membership

Any bonafide student studying towards a relevant NQF 6 or higher qualification, may apply for and be awarded student membership.

Student Member is reserved for bona fide students who are studying towards a relevant NQF 6 or higher qualification.  Student membership is limited to a maximum of four years duration and students must annually provide the ICFP with proof that he/she is a bona fide student at a tertiary institution.

On completion of the relevant qualification or the stipulated four years duration, whichever comes first, the student’s membership will be cancelled.  Student members in good standing may apply to be upgraded to Associate membership.

Student annual membership dues:             R200,00 + VAT

Associate Membership

Any fit and proper person, having passed a Senior Certificate and who is obtaining experience in the commercial forensic field or studying towards a relevant qualification, may apply for and be awarded associate membership.

(FP)SA

Any fit and proper person who applies will qualify as an (FP)SA on the following grounds:

  1. proof of having passed a pre-approved qualifying examination, as determined by the Board, with at least 3 years’ relevant commercial forensic experience; or
  2. proof of any relevant degree, diploma or other qualification having a rating of at least NQF 7, with at least 10 years relevant commercial forensic experience; or
  3. proof of a senior certificate with at least 15 years of relevant commercial forensic experience.

Please see the practice notes for more information.

Relevant experience

Relevant experience refers to experience gained in the prevention, detection and investigation of commercial crimes (such as fraud, corruption and money laundering). Commercial Forensic Practitioners require skills and knowledge in accounting, criminal- and civil law, investigations and IT. Investigations can include regulatory investigations (money laundering and bribery), criminal and civil investigations, as well as strategies to prevent and detect commercial crimes such as fraud risk assessments and forensic data analytics.

Logo's

(FP)SA's

Members that were awarded the professional designation (FP)SA and are in good standing with the ICFP may use the following trademark.

(FP)SA See guidelines.

Associate members and Students

Associate members and Student members may use the ICFP logo given they have the necessary permission from their employer/ tertiary institution. 

Honorary Membership

Honorary membership may be awarded by the Board to any person in recognition of an outstanding contribution to the development of the commercial forensic profession or outstanding service to the Institute.

Membership Fees

As approved by the ICFP members at the AGM on 25 July 2019, membership dues will increase equal to the average inflation rate as communicated by the South African Reserve Bank Monetary Policy Committee (“MPC”) during their last meeting.

Designation

2019

Increase

2020

Increase

2021

Associate members R 1,155.00 + VAT R 42.74 R 1,197.74 + VAT R 38.33 R  1,236.07 + VAT
(FP)SA R 2,310 + VAT R 85.47 R 2,395.47 + VAT R 76.66 R  2,472.13 + VAT
Honorary members NA NA NA NA NA

 

 

 

 

Membership application

Should you have inquiries with regard to membership kindly contact us at memberships@icfp.co.za or via telephone per the details listed on the 'contact us' tab on our website.

Apply for membership