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
To determine the qualifications of persons for admission as
To provide for training, educational and examination by the
Institute or any other body of persons practising 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.