It is the sole organization in Zimbabwe with the right to award the Chartered Accountant designation.

[citation needed] ICAZ is a member of the International Federation of Accountants (IFAC).

[2] ICAZ was a charter member of the Pan African Federation of Accountants, which was inaugurated on 5 May 2011.

[3] ICAZ is also a full member of the Eastern Central and Southern African Federation of Accountants.

[4] In January 2010, 134 candidates to become chartered accountants passed part one of the Qualifying Examinations.