Institute of Certified Public Accountants of Uganda

The Institute of Certified Public Accountants of Uganda (ICPA Uganda) is a professional body for certified public accountants (CPAs) in Uganda. As of July 2016, total membership was about 2,000 members.[1][2]

AbbreviationICPAU, CPA Uganda
Formation31 August 1992; 32 years ago (1992-08-31)
Legal statusOrganization established by Act of Parliament
Headquarters42 Bukoto Street
Kololo, Kampala, Uganda
Region
Uganda
ProductsCPA, ATD, CTA
ServicesProfessional Accountancy Organisation
FieldsAccountancy
Membership
c. 3,500 (2019)[1]
Official language
English
President
Constant Othieno Mayende
Websitewww.icpau.co.ug

Location

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ICPA Uganda maintains its headquarters at 42 Bukoto Street, on Kololo Hill in Kampala, the capital and largest city of Uganda.[2][3] The coordinates of the institute's headquarters are 0°20'27.0"N, 32°35'20.0"E (Latitude:0.340833; Longitude:32.588889).[4]

History

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Institute of Certified Public Accountants of Uganda, ICPAU, was established in 1992 by an act of parliament. The first five-member governing council was appointed by the minister of finance in 1993. The first duly elected seven-person council was installed on 8 November 1994 for a three-year renewable term.[5]

Overview

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ICPAU is a national professional accountancy organization established to regulate and maintain the standard of accountancy in Uganda. It is also mandated to regulate the conduct of all professional accountants in the country. The members of this organization are employed in public service, private enterprise, government, education, industry, and commerce.[2] In collaboration with the Uganda National Examinations Board (UNEB), the institute organises and administers the professional competency examinations that lead to the recognition of an accountant as a CPA in Uganda.[6][7][8]

Governing council

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The eleven-person governing council is chaired by ICPA Uganda's president, CPA Constant Othieno Mayende, deputized by CPA Josephine Okui Okwakol Ossiya, the second woman to serve in that capacity since the institute was founded in 1992.[9]

The secretariat

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The secretariat is headed by the chief executive officer, Derick Nkajja, who also serves as the secretary to the governing council.[7][10] He is assisted by three directors, in the following areas:[11] (a) Director of Examinations[7][8] (b) Director of Corporate Services (c) Director of Standards and Regulations

The Current Director of Education is Mr John Bosco Ntangaare, Director of Corporate Services is CPA Simon Oola, The Director of Standards & Regulations is CPA Mark Omona

International affiliations

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ICPAU has been a member of the International Federation of Accountants (IFAC) since 1997.[2]

References

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  1. ^ a b ICPA Uganda (8 July 2016). "List of Members of the Institute of Certified Public Accountants of Uganda". Kampala: Institute of Certified Public Accountants of Uganda (ICPA Uganda). Retrieved 1 October 2016.
  2. ^ a b c d IFAC (1 October 2016). "Institute of Certified Public Accountants of Uganda". New York City: International Federation of Accountants (IFAC). Retrieved 1 October 2016.
  3. ^ "Location of the Headquarters of the Institute of Certified Public Accountants of Uganda" (Map). Google Maps. Retrieved 1 October 2016.
  4. ^ "The Geographical Coordinates of the Headquarters of the Institute of Certified Public Accountants of Uganda" (Map). Google Maps. Retrieved 1 October 2016.
  5. ^ ICPA Uganda (1 October 2016). "The History of the Institute of Certified Public Accountants of Uganda". Kampala: ICPA Uganda. Retrieved 1 October 2016.
  6. ^ ICPA Uganda (1 October 2016). "The Public Accountants Examinations Board". Kampala: Institute of Certified Public Accountants of Uganda (ICPA Uganda). Retrieved 1 October 2016.
  7. ^ a b c Martin Luther Oketch (8 July 2015). "More students fail accounting exams". Daily Monitor. Kampala. Retrieved 1 October 2016.
  8. ^ a b Rwothungeyo, Billy (8 January 2014). "40.7 Percent Pass CPA Exams". New Vision. Kampala. Retrieved 1 October 2016.
  9. ^ Tentena, Paul (28 June 2018). "New ICPAU President Promises Crackdown On Illegal Accountants". East Africa Business Week. Kampala. Retrieved 3 October 2018.
  10. ^ Vision Reporter (27 February 2011). "Executive Watch: Derick Nkajja is the new chief executive officer of the Institute of Certified Public Accountants of Uganda (ICPAU)". New Vision. Kampala. Retrieved 1 October 2016.
  11. ^ ICPA Uganda (1 October 2016). "Institute of Certified Public Accountants of Uganda: The Secretariat". Kampala: Institute of Certified Public Accountants of Uganda (ICPA Uganda). Retrieved 1 October 2016.
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00°20′27″N 32°35′20″E / 0.34083°N 32.58889°E / 0.34083; 32.58889