The Institute of Administration and Commerce (IAC) is a professional management Independent Examining Board which was established in Cape Town, South Africa in 1927, and registered in Zimbabwe with the registrar of companies in 1958. IAC is Internationally recognised and has students in all African countries, Asia, Europe and other countries around the Globe. It is registered with the Ministry of Higher & Tertiary Education Science and Technology of the Government of Zimbabwe. All IAC Diplomas and Higher Diplomas are accredited by the Ministry. It is a member of Pan African Federation of Accountants (PAFA) and also a member of Public Accountants Auditors Board (PAAB).