4 May 2020
The Institute of Certified Public Accountants of Uganda (ICPAU) has today donated 38,500,000 Shillings to the National COVID Task force at the office of the Prime Minister.
The handover of the cheque was done by CPA Frederick Kibbedi, President of ICPAU, CPA Derick Nkajja the Chief Executive, and ICPAU members, CPA Gloria Wakooba and CPA Gervase Ndyanabo of Vision Group.
During the handover, CPA Kibbedi appreciated the efforts, started by His Excellency the President of Uganda to build capacity in the country’s fight against the Coronavirus (COVID-19) pandemic.
“The professional accountants in Uganda under our national body, the Institute of Certified Public Accountants of Uganda, applaud the efforts designed by Government to manage the novel Coronavirus pandemic. As faithful citizens of our motherland Uganda, we are answering the call H.E. Yoweri Kaguta Museveni, the President of the Republic of Uganda made, to contribute to the National COVID-19 Fund in support of government efforts to defeat the pandemic, CPA Kibbedi said.
He further said that efforts are underway to organize the practising accountants to avail themselves for a period of one year to offer pro-bono services to small and medium enterprises in areas of understanding how to restructure their finances as a way of overcoming effects of COVID-19 on their businesses.
The money was generously pooled from donations of members, students and staff of ICPAU and is meant for the procurement of Personal Protective Equipment for medical workers and frontline staff.
ICPAU is the national professional accountancy organization, established in 1992 by an Act of Parliament, now the Accountants Act, 2013. The functions of the Institute, as prescribed by the Act, are:
To regulate and maintain the standard of accountancy in Uganda.
To prescribe and regulate the conduct of accountants and practising accountants in Uganda.
ICPAU is a member of the International Federation of Accountants, the global organization for professional accountants.
For More Information:
CPA Derick Nkajja