The Institute of Certified Public Accountants of Uganda (ICPAU), the national professional body for accountants has pledged to continue uplift professionalism in the accountancy as they prepare to celebrate their 25 years of existence.
Established in 1992, ICPAU has been at the forefront in making sure professionalism in accountancy within the country and the world over is upheld through putting in place regulatory mechanism.
According to a statement from the president of the institute, Protazio Begumisa, the body through its trainings and regulations has been making sure that accountants in Uganda are held accountable for their actions.
Part of the statement reads: “The regulatory mechanisms we have in place have improved financial reporting standards in various sectors of the economy by monitoring and providing guidance on the application of reporting standards-IFRS and IPSAS. We are dedicated to making sure that the reporting standards become even well because that is our mandate to make sure that professionalism is upheld.
To make the celebration a memorable one, ICPAU has been and will be carrying on a number of events and trainings in different parts of the country
“We have commemorative activities in Arua, Fort Portal, Gulu, Mbale, and Mbarara to create awareness of the role and contribution of the accountancy profession to the development of our country. These will include amongst others: Town Hall Meetings, Road Shows, public gatherings, CSR activities and street processions,’ reads the statement
The celebrations that started on August 7 will be climaxed with a Gala Dinner to be held at the Imperial Resort Beach Hotel, Entebbe from the 6th to 8th September 2017.
ICPAU was established by an act of parliament in 1992 as a national professional accountancy organization to regulate and maintain the standard of accountancy in Uganda and to prescribe and regulate the conduct of accountants and practicing accountants in Uganda.