ABOUT THE LIA

The Lesotho Institute of Accountants (L.I.A.) was established by the Accountants Act of 1977, which gives the Institute the mandate of regulating the Accountancy practice in Lesotho. Our mission is to develop, enhance and effectively regulate the accounting profession in Lesotho through: Provision of internationally recognized education and training programmes, as well as ensuring compliance.

OUR MISSION

We regulate the accountancy profession and are an association of professional accountants and auditors.

OUR VISION

A reputable world class Institute of choice.

ANNUAL CONFERENCE

Our annual conference will be held this year for all accountants and professionals alike

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PROVISION FOR EDUCATION

Our core feature is to develop professional accounting syllabus, facilitate and monitor training

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REGULATON OF THE PRACTICE

We award membership certificates to qualifying accountants

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BECOME A LIA MEMBER

Become part of the national organization by registering your membership today

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OUR OBJECTIVES

Provide a locally accepted and internationally recognized qualification.

Raise the image and profile of the profession by taking a leading role in matters of public interest.

Develop stronger links and strategic cooperation with leading accounting bodies regionally and internationally.

Develop stronger links and strategic alliances with employers and business organizations.

Support members in providing quality services by offering a range of technical services.

LEGAL BACKGROUND
AND RAISON D'TRE

The Lesotho Institute of Accountants (L.I.A.) was established by the Accountants Act of 1977, which gives the Institute the mandate of regulating the Accountancy practice in Lesotho. This responsibility can further be broken down into the following functions:


To determine the qualifications of persons for admission as members:

To provide for training, educational and examination by the Institute or any other body of persons practicing or intending to practice the profession of accountancy:

To set the standards and rules governing the practice and ensure that compliance with these is maintained

The operations and funds of the Institute are managed by the Council that is elected by the Annual General Meeting. In terms of the Act the composition of the Council is as follows:

The Accountant General (GOL)-ex-officio
The Auditor General (GOL)-ex-officio
The Director (CAS)-ex-officio
Eight Chartered Accountants-elected on a three-year rotational basis
Four General Accountants-elected on a three-year rotational basis
Two Technician Accountants-non-voting members


Council elects two key officers on an annual basis, namely, President and Vice-President.

The Chief Executive Officer is a full time officer of the Institute who is responsible for its day to day administration.


OUR ANNUAL CONFERENCE

Our annual conference will be held this year for all accountants and professionals alike.

The Lesotho Institute of Accountants (LIA) was established by the Accountants Act of 1977, which gives the institute the mandate of regulating the Accountancy practice in Lesotho

This responsibility can farther be broken don into the following functions: 

The Lesotho Institute of Accountants (LIA) was established by the Accountants Act of 1977, which gives the institute the mandate of regulating the Accountancy practice in Lesotho

READ MORE

MEET OUR TEAM

Objectively innovate empowered manufactured products whereas parallel platforms. Holisticly predominate extensible testing procedures for reliable supply chains. Dramatically engage top-line web services vis-a-vis cutting-edge deliverables. Proactively envisioned multimedia based expertise.

Mr. Soaile  Mochaba

Mr. Soaile Mochaba

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Marketing and Public Relations Officer  Vacant

Marketing and Public Relations Officer Vacant

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ACCOUNTANCY AS A CAREER

Accountancy is an occupation based on unique body of specialized knowledge. Members of the profession provide a service that can be relied upon by users from diverse backgrounds, and therefore the professionals are expected to posses intellectual, analytical and advisory skills, contributing value to their clients/principals.