Anton Colella: Strengthening the global profession
Our project work in Uganda is the latest example of our efforts to support and develop the profession around the world.
For a small Institute, ICAS has always made a big impact on the world stage. In the past, our members have been instrumental in the founding and development of many accountancy bodies around the world.
These days we are still focussed on nurturing and developing the profession in many countries.
We’ve just recently secured work to help improve financial and accounting standards in Uganda.
This comes after the UK Department for International Development awarded more than £5m for projects to fund education, training and capacity building in ten different countries over the next seven years.
The Uganda project is being carried out by us for the International Federation of Accountants.
We will be working in partnership with our colleagues from the Chartered Institute of Public Finance and Accountancy (CIPFA).
We believe that this marriage will produce strong, sustainable results for the accountancy profession in Uganda and, ultimately, contribute to the development of that economy.
Across the last two decades, ICAS has carried out similar development work in around 25 different countries.
We’ve supported the Singapore Institute in delivering a formal training programme for all new practising certificate holders and assisted the Hong Kong Institute in benchmarking its qualification.
We’ve helped in Kazakhstan; worked with the World Bank in Moldova; and supported the Vietnamese Ministry of Finance.
In, China, Armenia, Serbia, and Slovakia we have worked to share our knowledge for the greater good.
We've helped set up the Saudi Organisation of Certified Public Accountants and the Chamber of Financial Officers of Romania.
With history comes responsibility. As the world’s first professional body we have a long track record of reaching out to nurture and develop accountancy bodies around the world.
Better financial management, better governance, better transparency and the application of professional ethics are all vital ingredients to maturing a developing economy.
The ultimate winners in implementing these professional disciplines is the wider society in each and every one of these countries and the global profession as a whole.