Adjumani | Certified Public Accountants (CPAs) have been encouraged to raise their brand awareness and promote their professional services.
This call was made during the Institute of Certified Public Accountants of Uganda (ICPAU) West Nile regional networking event in Adjumani district.
CPA is a globally recognized professional certification that indicates that an accountant has completed rigorous education, experience, and examination requirements, allowing them to provide a wide range of accounting services.
Derick Nkajja, the Secretary and CEO of ICPAU, highlighted the self-sustaining nature of the institute, which was established by an Act of Parliament but does not receive direct government funding.
Instead, it relies on support from employers and the broader community to advance the accounting profession.
Nkajja emphasized the critical role accountants play in managing the nation’s economy and urged them to uphold public interest by ensuring the proper utilization of resources.
“The Institute of Certified Public Accountants of Uganda was established by an Act of Parliament. We don’t have direct government funding but rely on support from employers and the community to promote the profession. It is the accountancy profession that manages the economy,” he explained.
“If accountants fail to adhere to professional standards in resource management, the economy suffers. It is our duty to act in the public interest,” he added.
Simon Peter Obumai, the Assistant Resident District Commissioner (RDC) of Adjumani, commended CPAs for their role in sustaining the economy and called on them to collaborate in the fight against corruption, which he described as the country’s greatest challenge.
“On behalf of the government, I thank you for keeping our economy running. Without accountants, the government cannot function. You are the lifeblood of this system. I also urge you to join hands in combating corruption, the biggest vice eating up our nation,” Obumai remarked.
Candia Stephen, the Chairman of the Certified Public Accountants Members’ Network in West Nile, echoed the sentiments of previous speakers.
He promised to increase the visibility of CPAs in the region and encouraged members to step forward and demonstrate their value to society.
“As accountants, we have agreed to improve our brand. Let us be visible. We are no longer accountants working in the shadows. We must prove to the world that we exist and innovate to maximize the benefits of our profession,” Candia asserted.
As the ICPAU West Nile Chapter continues its efforts to empower members, the accounting profession in the region is set for significant growth.
CPAs in West Nile are well-positioned to provide high-quality services while also promoting regional economic development by prioritizing brand visibility and leveraging a strong online presence.
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