During an annual retreat at Kivu Serena Hotel, The Institute of the Certified Public Accountants of Rwanda (ICPAR) embarked on the knowledge towards enhancing the ‘profession’ as the main contributor to national development.
“Accountability, transparency and robust public financial management practice draws from the contribution of the accountancy profession,” observed Peter Rutaremara ICPAR president.
He added, “we are not looking at accountability itself, but also how the profession can protect and bring a robust economy. I hope participants here are the very responsible people and even decision makers, meaning all the ideas shared within this seminar can be implemented easily.”
Felicien Muvunyi, Chief Finance Officer of Cristal Ventures Told IGIHE, “Having such seminars helps strengthen accounting profession in Rwanda because we want people who are professionally qualified. The topics being covered here will not only help Accountants but even Business Managers.”
The institution also signed a Mutual Recognition Agreement (MRA) with all members in the East Africa that allow them move and work freely in the sister countries.
According to them, the integration efforts among the East Africa Countries will provide surmountable ingredients for the respective residents to demand more in terms of Public Accountability.
The session also sought to equip players with sufficient emphasis and influence while linking Public Accountability to; Economic Development, Public Accountability, Public Financial Management Reforms, and Link Between Reforms and Economic Development.
Robert Kamoga Tebasuulwa a Senior Accountant from the Institute of Certified Public Accountants of Uganda recommended quick attitude towards Rwandans CPA qualifications.
“Rwanda’s ICPAR is still young but the number of qualified CPA is increasing steadily.”
During the seminar, negotiations were made for the institution to work with the office of the Auditor General in order to overcome and reduce challenges in the many of the public departments’ reports.
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