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Tag Archives: IFRS

IRA’s Kaddunabbi urges accountants to make insurance the pillar of Uganda’s social cohesion

Entebbe, Uganda | Julius Businge | Kaddunabbi Ibrahim Lubega, the chief executive officer of the Insurance Regulatory Authority (IRA), has challenged Uganda’s accountants to transform their profession and safeguard the nation by championing personal insurance. Speaking at the 30th Annual Seminar of the Institute of Certified Public Accountants of Uganda …

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UAP Old Mutual Insurance shines at 2024 Financial Reporting Awards

Kampala, Uganda | THE INDEPENDENT | UAP Old Mutual Insurance has once again been recognized for its commitment to excellence in corporate reporting. The company secured top honours at the 2024 Financial Reporting Awards (FiRe Awards), solidifying its position as a leader in transparent and accountable business practices within Uganda’s insurance …

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IFRS set to transform business practices

KAMPALA, UGANDA | THE INDEPENDENT | Entities operating in Uganda will have to adopt International Financial Reporting Standards (IFRS) in their reporting. International Financial Reporting Standards (IFRS) consist of a set of accounting rules that determine how transactions and other accounting events should to be reported in financial statements. The Institute …

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