23.1. If the trainee accountant has not achieved the required number of core hours, the training officer, after
having issued the written notification referred to in Regulation 26.2, must apply for an extension of the
training contract for a minimum of 3 (three) months and up to a maximum of 12 (twelve) months, with
the purpose of allowing the trainee accountant to gain the required core hours.
23.2. If the trainee accountant has not achieved the required competencies, after having issued the written
notification referred to in Regulation 26.2, the training officer may choose to either apply for the
cancellation of the training contract or apply for the extension of the training contract for a minimum of
3 (three) months and up to a maximum of 12 (twelve) months if the trainee accountant, after having
been given exposure to all the relevant prescribed competencies, will not have achieved competence
in all the prescribed competencies by the end date of his training contract. (Also refer to Regulations
21.2.2. and 26.4).
23.3. Should the trainee accountant achieve the prescribed core experience hours or achieve competence
in all the prescribed competencies before the end of the extended training contract period, the training
officer may discharge the contract.
23.4. If, by the end of the extended period of the training contract, the trainee accountant has not achieved
the prescribed core experience hours or competence in all the prescribed competencies, the training
contract must be cancelled.
23.5. The training officer must apply for the extension of the training contract via TCMS, 30 (thirty) days
before the original end date of the training contract and must include all supporting documents
prescribed by SAICA.
23.6. SAICA may investigate the reasons for an extension and may, where appropriate, require additional
information from the training officer regarding the extension.
23.7. SAICA may reverse the extension if, in its opinion, the training officer’s reasons do not justify such
extension.
