Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund-NSSF saga has made stronger the case for ring-fencing senior financial and accounting positions for licensed accountancy professionals in selected organizations, according to Minister Henry Musasizi. The State Minister for Finance, Planning, and Economic Development says that he supports any punishment …
Read More »Accountants latest exam results show decline in performance
Kampala, Uganda | THE INDEPENDENT | The accounting profession is not easy but requires attention and concentration for one to perform well. This is the message that Geoffrey Byamugisha, the chairperson of the Public Accountants Examinations Board delivered while releasing exam results for the September died in Kampala on Oct. 04. …
Read More »Accountants told to explore FinTech opportunities
But Africa remains the most concerned region about consumer protection and cybersecurity risks | THE INDEPENDENT | Accountants now need to take advantage of the possibilities that come with FinTech given that the latter provides products that are solving actual problems, according to the Bank of Uganda Deputy Governor Michael …
Read More »Accountants body prepares crackdown on non-professional practitioners
Kampala, Uganda | THE INDEPENDENT | Persons employed in the public service sector as senior accountants or auditors could find themselves in trouble if they do not have professional accountancy qualifications or a practising certificate. A professional accountant is one who has taken and completed a course in one of the internationally …
Read More »ICPAU advises SMEs to employ part-time accountants
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants Uganda (ICPAU) has appealed to the informal sector and small enterprises to employ part-time accountants if they can’t afford to employ them full-time. ICPAU is a professional accountancy organization established by an act of parliament to regulate and …
Read More »Over 1000 expected to participate in 3rd EAC congress of accountants
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 …
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