The Institute of Certified Public Accountants of Uganda (ICPAU) is set to host the 3rd East African Congress of Accountants (EACOA) from 14 - 16 April 2021, under the theme, Integration for accelerated economic development.
The Congress was initially scheduled for 18-20 March 2021 at the Imperial Resort Beach Hotel, Entebbe but was postponed owing to COVID-19 disruptions. The Congress will now be held in a hybrid manner: physically, at Hotel Africana, Kampala, and virtually.
The Chief Executive Officer of ICPAU, CPA Derick Nkajja said that the East African Community Institutes of Accountants (EACIAs) agreed to hold the Congress in 2021 despite the encumbrances caused by the pandemic because of the bigger objective of the Congress.
The objective of the Congress is to enhance the involvement of accountants in regional economic development discussions and promote cross boarder experiences.
“The integration spirit is crucial. Even if the prevailing situation lasts for 5 years, the East African Community continues to exist. Therefore we must find ways to interact, transact and promote the integration efforts,” CPA Nkajja noted.
“Accountants support businesses across the region, therefore, conventions such as the EACOA provide an ideal platform for accountants to discuss and share strategies for the EAC integration, notably, the harmonisation of regulations that impede mobility and the ease of trade,” CPA Nkajja said.
Discussions will focus on cross border trade, public financial management, Africa’s Agenda 2063, the EAC geopolitics, the impact of technological advancements, and progress on the EACIAs’ Mutual Recognition Agreement, among others. There will also be a discussion on lifestyle diseases.
Key speakers include: Dr. Fred Muhumuza of Makerere University, Ms. Sandra John Chogo of the National Audit Office of Tanzania, CPA Edwin Makori (Chief Executive Officer of ICPAK), Mr. Vickson Ncube (Former Chief Executive Officer of the Pan African Federation of Accountants), and Mr. Ndebesa Mwambutsya of Makerere University.
EACOA is an initiative of the East African Community Institutes of Accountants (EACIAs), namely: Institute of Certified Public Accountants of Uganda (ICPAU), the Institute of Certified Public Accountants of Kenya (ICPAK), the Institute of Certified Public Accountants of Rwanda (ICPAR), the National Board of Accountants and Auditors of Tanzania (NBAA), and Ordre des Professionnels Comptables du Burundi (OPC)/the Order of Professional Accountants of Burundi.
In recognizing the value of regional integration as enshrined in the East African Community (EAC) Common Market Protocol, the regional accountancy Institutes formalized their relationship through a Mutual Recognition Agreement (MRA) which was signed in 2011. The EACIAs’ MRA provides a framework for developing, regulating and facilitating regional integration of the accountancy profession in the EAC.
The EACIAs organise the Congress every two years. The first EACOA was hosted by NBAA in 2016, while the second was hosted by ICPAK in 2018.
The 3rd EACOA is supported by: The Ministry of Finance, Planning and Economic Development, the National Social Security Fund, the Association of Chartered Certified Accountants, SICPA Uganda, Mazars BRJ, and the Uganda Printing & Publishing Corporation.
To register for the Congress, visit www.eacoa2021.com
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 practicing accountants in Uganda.
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