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7TH PRACTICE MANAGEMENT COURSE

 

20 - 22 NOVEMBER 2019

 

IMPERIAL ROYALE HOTEL, KAMPALA

 

INTRODUCTION:

 

The Institute of Certified Public Accountants of Uganda (ICPAU) has organized a three day Practice Management Course (PMC) targeting all and prospective practising accountants.

 

The course will be conducted at Imperial Royale Hotel, Kampala from 20 - 22 November 2019 starting at 8.00 am to 5.00 pm.

 

The aim is to equip practitioners with current, emerging and future required knowledge, skills and competences to continue the quality management of their practices and the delivery of services in public interest.

 

WHAT YOU WILL LEARN?

 

  • The regulatory framework of accountancy practice.
  • Current and emerging trends in practice management.
  • Commercial management of an accounting firm.

 

PROGRAMME:

 

MASTER OF CEREMONIES – CPA LYDIA NANKABIRWA

DAY ONE: WEDNESDAY, 20 NOVEMBER 2019

REGULATORY FRAMEWORK

TIME

TOPIC

RESPONSIBILITY

8.30 – 9.00 am

Course Overview

CPA Ambrose Mugisha

9.00 – 10.30 am

1. Preparing the Future-Ready Accountancy Practitioner

This session will:

  1. Highlight the mandate of ICPAU as the voice of the profession and strategic approaches to the accountancy profession challenges/disruptions and opportunities from the changing environment.
  2. Propose how accounting firms can position themselves by providing alternative value adding services and how to occupy the required space in the profession and the economy at large.

CPA Derick Nkajja, Secretary/CEO, ICPAU

10.30 – 11.00 am

Coffee/Tea Break

11.00 – 1.00 pm

2. Enhancing Audit Quality

This session will provide feedback on the state of audit quality in Uganda and how ICPAU supports commitment to quality.

  • CPA Susannie Teega Kyamanywa &
  • CPA Mark Omona

1.00 – 2.00 pm

Lunch Break

2.00 – 4.00 pm

3. Ethics & Professional Conduct

The session will examine common ethical dilemmas encountered by practising accountants and propose safeguards that can be applied to deal with ethical threats.

CPA Charles Lutimba

4.00 – 5.00 pm

4.  IES 8 requirements & Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT)

  • International Education Standard (IES) 8 Professional Competence for Engagement Partners Responsible for Audits of Financial Statements (Revised) sets out the competencies that you are expected to have if you are an engagement partner. The session will highlight on the current and emerging requirements for audit partners.
  • AML/CFT will provide feedback on the practical implementation challenges and propose the way forward.
  • CPA Ambrose Mugisha &
  • CPA Susannie Teega Kyamanywa

5.00 pm

Networking & Refreshments

 

 

MASTER OF CEREMONIES – CPA NOOR NAKATO NAKABUGO

 

DAY TWO: THURSDAY, 21 NOVEMBER 2019

CURRENT & EMERGING ISSUES IN ACCOUNTANCY PRACTICE

TIME

TOPIC

RESPONSIBILITY

8.30 – 10.00 am

5. Starting Your CPA Firm

This session will explore the requirements for registering as a practising accountant, preparing for inspection & licensing of an accounting firm.

CPA Henry Nabaasa, Quality Assurance  Officer, ICPAU

10.00 – 10.30 am

Coffee/Tea Break

10.30 – 12.00 pm

6. Strategic Planning For Your Practice

In today's changing business environment, it is more important than ever to understand why your firm exists and where it is headed in the future.

The session will highlight dos and don'ts to guide your accounting firm towards developing and effectively implementing a strategic plan.

CPA Julius Tumuhimbise,

Partner, Jim Roberts & Associates

12.00 – 1.30 pm

7. SMPs of the Future – Embracing Change

Accounting firms operate in a dynamic business environment.  Practising accountants need to keep on top of current and emerging developments as advanced technologies push CPAs to seek new skills, explore different services, and enter into new practice structures.

CPA James Magson Musabe,

Managing Partner, JP Magson

1.30 – 2.30 pm

Lunch Break

2.30 – 4:30 pm

8. Leveraging Technology for Your Practice

This session will explore the ways in which practitioners can leverage on technology, including workflow management techniques and systems to contribute to the success of the accounting firm.

CPA Ronald Bwosi, Managing Partner, Ronalds LLP

4.00 pm

Refreshments

 

 

MASTER OF CEREMONIES – CPA VERONICA NAMBAJJWE

DAY THREE: FRIDAY, 22 NOVEMBER 2019

COMMERCIAL MANAGEMENT OF AN ACCOUNTING FIRM

TIME

TOPIC

RESPONSIBILITY

8.30 – 10.00 am

9.  Human Capital and Competitiveness of an SMP

This session will:

  1. Examine how to develop a people & firm culture strategy.
  2. Help the practitioner to position the human capital and improve the management and operational efficiency of the practice.

CPA Dr. Albert Otete

Partner, J Samual Richards & Associates

10.00 – 10.30 am

Coffee/Tea Break

10.30 – 12.00 pm

10.  Client Relationship Management

This session will examine the development and maintenance of client relationships, and strategies to improve and cement the client relations including networks, referrals, and other alliances.

CPA Clayton Mwaka,

Practitioner,

Clayton and Company

12.00 – 1.30 pm

11. Building a Sustainable Accountancy Practice

To remain competitive and continue to grow a business, the practitioner needs to revisit the fee base and provide value-adding services. This session will examine strategies for sustainable growth of accounting practices.

CPA Norbert Kagoro,

Partner, Deloitte & Touche

1.30 – 2.30 pm

Lunch Break

2.30 – 4.15 pm

12.  Monitoring the Quality Control System

This session will:

  1. Examine how to monitor & implement continuous improvement and quality at the firm.
  2. Explore how to measure, monitor and implement activities, which improve firm performance.

CPA Dativa Nabimanya,

Partner, Dativa & Associates

4.15 – 4.30 pm

Wrap Up

CPA Ambrose K. Mugisha

4.30 pm

Refreshments & Closure

 

Event Date
Venue
IMPERIAL ROYALE HOTEL, KAMPALA