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The Institute of Certified Public Accountants of Uganda (ICPAU) has launched business advisory support services to assist Micro, Small and Medium Enterprises (MSMEs) through the recovery from the effects of COVID-19. The services are free and will be provided in conjunction with its membership.

Business owners will obtain support in: accounting, audit, assurance and advisory, taxation, management consulting, cashflow management, risk management and transaction services, insolvency practice, and funding applications.

CPA Mark Omona, the Director – Standards at ICPAU noted that MSMEs require the services of licensed accounting firms in order to improve their business processes and drive their growth and profitability.

“The auditors possess expert knowledge and experience which help them advise the MSMEs on how to streamline their processes and improve them, especially taking into account the effects of COVID-19,” CPA Omona said.

“Business advisory from auditors further helps business owners to make cost savings within their supply chain,” he added.

The probono programme targets businesses in sectors like governance and security, private sector development, public sector transformation, agro-industrialisation, tourism, education, manufacturing, digital transformation, sustainable urbanisation and housing, and human capital development.  

Interested registered businesses are advised to send details of the services they wish to obtain, through , by 30 June 2022.