(a) to establish, approve, or conduct courses of instruction for the education and training of those persons wishing to become members of the institute;
(b) to prescribe the nature and extent of the practical experience in accountancy which must be possessed by a person before being admitted as a member of the institute;
(c) to provide facilities for the examination of persons seeking to become members of the institute, and to provide for the discipline of those persons;
(d) to make suitable affiliation arrangements with a university, school, college or other institution of learning or with an institute or society of accountants for the instruction and examination of persons seeking to become members of the institute;
(e) to borrow money for the purposes of carrying out the objects of the institute and to give security for money so borrowed on the real, personal, or mixed property of the institute by way of mortgage, pledge, charge or otherwise;
(f) to purchase, lease, take, hold or otherwise acquire all goods, chattels, lands, tenements, and hereditaments and all real estate or personal property and an interest in the property, which may be considered necessary or convenient for the purposes of the institute or for the advancement of the objects of the institute and to sell, lease or otherwise dispose of the goods, chattels, lands, tenements, and hereditaments and real estate or personal property or a part of the property, but otherwise the institute shall not deal in lands or an interest in lands or engage in trade;
(g) to receive money and other real, personal, or mixed property either for the purposes of helping needy members of the institute and the dependents of deceased members of the institute, or for the purposes of establishing scholarship or prize funds, and to administer and disburse them;
(h) to establish and maintain a register and to record in it the names and addresses of all persons pursuing a course in accountancy with a view to becoming members of the institute;
(i) to grant a certificate of competency or diploma to all members of the institute;
(j) to fix the fees payable by a person wishing to write an examination prescribed by the institute with a view to becoming a member of the institute;
(k) to fix the fees payable by a person upon being admitted as a member of the institute;
(l) to fix the annual fees payable by members of the institute;
(m) to exempt a member from the payment of those fees for the reason and upon the terms and conditions that the council may determine;
(n) to assess its members for ordinary, special, or extraordinary expenditures that may be considered necessary or expedient to further the objects of the institute, and the assessment shall be made in the manner provided by the by-laws of the institute;
(o) to provide for the discipline of its members and for their suspension and expulsion from membership in the institute;
(p) to establish and maintain a library for the benefit of the members of the institute;
(q) to make by-laws relating to the objects and powers of the institute;
(r) to institute or authorize proceedings under this Act; and
(s) to do all other matters and things that may be necessary for or incidental or conducive to the exercise of the previously enumerated powers.