• The PAAB oversees the ZAPB’s adherence to its due process and governance
  • The ZAPB is independent of the PAAB in its technical decision-making
  • The PAAB “host” the ZAPB by giving it office space and other facilities such as HR


Independent endorsement , adoption of standards and influencing activities

  • ZAPB’s delegated statutory functions are to:
    1. Endorse and adopt international accounting standards , international standards on auditing and international public sector accounting standards when they meet certain criteria for prescription by PAAB in accordance with section 44 (2) (a)of the PAA Act.
    2. Carry-out influencing activities relating to the development of global international financial reporting standards, international standards on auditing ,international public sector accounting standards  and other accountancy reporting standards.

ZAPB Structure Diagram