The Accountants and Auditors (Registration) Act Cap. 286 [R.E 2002] empowers the National Board of Accountants and Auditors (NBAA) to issue accounting and auditing standards and guidelines as appropriate and ensure compliance with those standards and guidelines by its members and other stakeholders.

In 2024, NBAA issued a Technical Pronouncement No. 1 of 2024 on the Adoption and Implementation of Sustainability Reporting Standards in Tanzania. The Technical Pronouncement approved the adoption of the IFRS Sustainability Disclosure Standards, namely, IFRS S1: General Requirements for Disclosure of Sustainability-Related Financial Information and IFRS S2: Climate-related Disclosures, issued by the International Sustainability Standards Board (ISSB), with mandatory adoption by Public Interest Entities (PIE) and Public Sector Entities for periods beginning on or after 1^st January, 2025. The Technical Pronouncement further provided a roadmap outlining the phased implementation milestones for entities adopting the standards.

Having considered the progress made by reporting entities and the need to enhance the visibility, comparability and quality of sustainability-related disclosures, and further recognizing the need to broaden the scope of application of sustainability reporting in Tanzania, NBAA hereby issues this Technical Pronouncement No. 1 of 2026 to amend the Technical Pronouncement No.1 of 2024 in the manner set out below.

Click here to view the Technical Pronouncement No. 1 of 2026