The Economic Forum provides insights from eminent and forward-looking thought leaders and senior practitioners from leading public, private and civil society organizations on issues pertinent to Uganda’s social economic development, to enable the country accentuate its focus on Uganda’s competitive advantage. Policy recommendations are generated at this Forum and submitted to the Ministry of Finance, Planning and Economic Development.
The Institute of Certified Public Accountants of Uganda, ICPAU is a member of the International Federation of Accountants (IFAC) and the Association for Educational Assessment in Africa (AEAA) as well as being a founder member of the Pan African Federation of Accountants (PAFA).
As part of the East African Community (EAC) Common Market Protocol, ICPAU signed a Mutual Recognition Agreement (MRA) with the other East African Community Institutes of Accountants (EACIAs). These are L’Ordre des Professionnels Comptables (OPC), Burundi; Institute of Certified public Accountants of Kenya (ICPAK); the Institute of Certified Public Accountants of Rwanda (ICPAR); and National Board of Accountants and Auditors (NBAA), Tanzania.
ICPAU has over 3,000 registered members and over 8,000 active students going through the Institute’s examinations scheme at various levels of completion.
As a member of IFAC, ICPAU attests to the seven (7) Statements of Membership Obligations (SMOs) which set the fundamentals of accountancy profession around the world. These are about;
SMO 1 – Quality Assurance
SMO 2 – International Education Standards for Professional Accountants
SMO 3 – International Standards on Auditing
SMO 4 – Code of ethics
SMO 5 – International Public Sector Standards
SMO 6 – Investigation and Discipline
SMO 7 – International Financial Reporting Standards