Kampala, Uganda | JULIUS BUSINGE | Uganda will this month host the 3rd East African Congress of Accountants. The congress was supposed to be held last year in March but was suspended due to COVID-19 pandemic restrictions on gatherings. “We have now assessed and it is possible to host the congress,” …
Read More »Ugandan economy needs more accountants – experts
COVID-19 pandemic hit student enrolled for accountants’ proficiency courses Kampala, Uganda | JULIUS BUSINGE | Uganda will need more professionals including accountants as the economy expands, according to the top executives at the Institute of Certified Public Accountants of Uganda. The executives, who spoke during the release of the Institute’s …
Read More »Nandala loses ICPAU council vote, faces off with institute over license renewal
Kampala, Uganda | THE INDEPENDENT | Budadiri West MP Nandala Mafabi has lost a vote to become a council member of the Institute of Certified Public Accountants of Uganda (ICPAU) on the technicality that his 2020 practicing license was not renewed. ICPAU published a list of seven members that have …
Read More »Accountants boost government’s coronavirus fight with Shs 38million
Kampala, Uganda | Julius Businge | The Institute of Certified Public Accountants of Uganda has donated Shs 38.5million to the National COVID-19 Response Fund, it said on May 05. The amount contributed was generously pooled from donations of members, students and staff of ICPAU, CPA Frederick Kibbedi, president of ICPAU said. …
Read More »Companies asked to give young accountants placements for practical experience
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) Chief Executive Officer Derrick Nkajja has implored established companies to give fresh accounting graduands placements as a venue to gain practical experience. Speaking at the graduation of 370 professional accountants on Friday in Kampala, Nkajja said …
Read More »Local government accountants hesitant to get certified
Kampala, Uganda | THE INDEPENDENT | Accountants in local governments are still reluctant to enroll for Certified Public Accountants professional courses contrary to the Accountant Act 2013. The Accountant General, Lawrence Semakula, says although the Accountant Act 2013 has been in force for the last eight years, local governments are …
Read More »Smaller companies urged to use affordable accountants
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) has advised smaller companies that cannot afford to hire expensive audit firms to prepare their accounts to make use of the cheaper auditors that the institute has certified. Stephen Ineget, the chairman of the Financial Reporting …
Read More »THIS WEEK: Accountants November exam results show 1.4% improvement
Kampala, Uganda |THE INDEPENDENT | The Public Accountants Examinations Board (PAEB) of the Institute of Certified Public Accountants of Uganda (ICPAU) released the November 2017 examination results on Jan.05, showing a 1.4% improvement in performance compared with the June – 2017 results. ICPAU executives said 6, 055 candidates sat the …
Read More »Uganda’s accountants hold 22nd seminar, expose achievements
Kampala, Uganda | JULIUS BUSINGE | Accountants in Uganda under their body, the Institute of Certified Public Accountants of Uganda (ICPAU) have outlined achievements recorded over the years at the ongoing 22nd seminar at Imperial Resort Beach Hotel in Entebbe. Speaking at the opening of the seminar on Sept. 06, the Institute’s President …
Read More »Kasekende challenges Uganda’s accountants on international standards
Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda (BOU) Deputy Governor Louis Kasekende has advised accountants in Uganda to borrow and adapt international standards in their bid to positively contribute to nation building. “They must look at international standards that are released by their international body and…then adapt them to Uganda,” Kasekende said, …
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