About Us

About Us

The Institute of Chartered Accountants in Malawi (ICAM) is a professional accountancy body in Malawi which was established out of a merger of the Public Accountants Examination Council of Malawi (PAEC) and the Society of Accountants in Malawi (SOCAM). This followed the passing and coming into effect of the Public Accountants and Auditors Act (Act No.5 of 2013). ICAM is a full member of the International Federation of Accountants (IFAC) and the Pan African Federation of Accountants (PAFA).

Our Vision

A chartered accountant in every organization in Malawi

Mission Statement

Promote the development of the accountancy profession in Malawi through the provision of globally recognized qualification and training and advocate for issues of public interests for the benefits of students, members, government and others.


a) Customer Centric: We understand customers’ situations, perception and expectations.
b)Leadership: We develop and empower leaders.
c) Integrity: We know and do what is right with professionalism and fairness
d) Diversity: We respect and appreciate differences in age, gender, ethnicity, education, physical
abilities, race and religion amongst individuals.
e) Adaptability: We positively respond to change.
f) Transparency: We promote honest and open communication.
g) Accountability: We are responsible for our words, our actions and our results.