ICAS and CIPFA in Uganda partnership
IFAC announces a joint venture between ICAS and CIPFA to strengthen the accountancy profession in Uganda through work with ICPAU.
The International Federation of Accountants (IFAC) has announced a joint venture between ICAS and the Chartered Institute of Public Finance and Accountancy (CIPFA) to strengthen accountancy in Uganda.
ICAS and CIPFA will work with the Institute of Certified Public Accountants of Uganda (ICPAU) in key areas of accountancy education; quality assurance; continuing professional development and public sector financial management in Uganda.
In 2014, IFAC received almost £5m from the UK Department for International Development (DFID) to fund professional accountancy organization (PAO) capacity building in 10 emerging countries over a period of seven years.
IFAC Executive Director of Strategy and Chief Operating Officer, Alta Prinsloo, said : “By working together, ICAS and CIPFA will combine world-class expertise in PAO capacity building and public sector financial management, both of which are areas of development opportunity in Uganda.
“This joint venture will draw from ICAS’ 20-plus years of development experience and CIPFA’s specialisation in the public sector - a marriage that will produce strong, sustainable results for the accountancy profession in Uganda and, ultimately, contribute to the economy in Uganda.”
“ICAS and CIPFA together are extremely well placed to deliver a partnership and program with ICPAU,” said ICAS CEO Anton Colella.
“ICAS has a long-standing relationship with ICPAU and Uganda, which we will be drawing from and building on - and which we believe will lead to a profession and PAO in Uganda that is robust, sustainable, prepared for the future, and ready to grow with the nation.”
CIPFA CEO Rob Whiteman said: “CIPFA champions improved performance of public services across the world by driving effective and efficient use of public money.
“Helping ICPAU work with the Ugandan central and local governments to improve public financial management and training to all levels of the government will lead to accountants working in the public sector to ensure transparency and accountability.”
The selection of ICAS and CIPFA was made following a global Call for Expressions of Interest and an extensive proposal and review process involving multiple global organisations and the IFAC PAO Capacity Building Program Oversight Committee and Independent Selection Panel.
This partnership is the second in a series of projects around the world making use of the funding IFAC received from DFID.