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Peter Ochen, the experienced finance manager, expert in digital finance, working capital, debt management, forex, funding and investment management is Uganda’s telecommunication giant – MTN’s Mobile Money General Manager. He has been at the company for about 15 years, 10 of which he was the Senior Manager Treasury and MFS right from December 2011 to September 2022. In this role, Ochen was tasked on refinancing arrangement and servicing, working capital management, currency and interest rate exposure management, credit, counter party arrangements and bank guarantee management and investments management. Other responsibilities included; dividend management, Mobile Money Finance management, management of banking…
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Female candidate once again performed better compared to their male counterparts in the March 2022 examinations taking 53.7% as compared to the 46.3%. In addition, out of the 21 top candidates, 11 were female. The Chairperson of the Public Accountants Examinations Board (PAEB) CPA Geoffrey Byamugisha made the revelation at the release of the examinations event organized by the Institute of Certified Public Accountants of Uganda (ICPAU) at Skyz Hotel, Naguru on Friday, 1 April 2022. “The March Examinations were held in Kampala for CPA students only. Whereas 3,081 students registered to sit these examinations, 2,890 turned up representing 93.8…
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Female candidates once again outshine their male counterparts in the CPA examinations. This is the second time this year that female candidates are performing better in the Certified Public Accountants of Uganda (CPA-U) qualification. Out of the 2,371 candidates who passed their papers 1,249 (52.7%) were female and 1,122 (47.3%) male. This was revealed by CPA Geoffrey Byamugisha, the chairperson of the Public Accountants Examinations Board of the Institute of Certified Public Accountants of Uganda (ICPAU) during the release of the October 2021 examinations results. The October examinations were conducted at seven centres including; Arua, Fort Portal, Gulu, Kampala, Mbale,…
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Audit and Assurance services are interlinked with the level of Audit Quality. Audit quality is integral to the effectiveness of a good financial reporting value chain. Audit quality requires all stakeholders involved in the financial reporting value chain to undertake their roles robustly, competently and diligently. The results of the fourth audit quality review cycle of the Institute of Certified Public Accountants of Uganda (ICPAU), which ended in March 2021 reveal that over 50% of the firms reviewed had serious audit quality concerns implying that there are high chances of reaching a wrong audit and assurance opinion due to the…
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A value-based ‘no excuse’ leader set out to transform organizations, communities and nations to the highest level of performance and achievement, Katusiime is a senior Financial Manager professional, with over 18 years of experience in managing financial reporting, talent, appraisal of new projects, preparation and monitoring of budgets, consolidation and financial analysis process of firms. She is known for her commitment to achieving high level of accuracy using ethical work standards, as well as strong organizational, analytical and interpersonal skills. As a professional Accountant, Mary is a fellow of Association of Chartered Certified Accountants (ACCA) of United Kingdom and a…
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CPA Dativa Nabimanya is the Managing Partner, DATIVA & Associates CPA and a Financial Management Consultant with World Bank She is a Member of Institute of Certified Public Accountants of Uganda (ICPAU), and a Fellow of ACCA. She holds an MBA and she is an Alumni of the Maastricht School of Management since 2005. CPA Nabimanya serves on the Audit Committee of the Uganda National Examinations Board. She prides herself in her ability to provide leadership to DATIVA & Associates, a CPA firm with over thirteen years of practice in Uganda. The firm provides services in fields of Audit /Assurance,…
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Minister of Finance, Planning and Economic Development, Matia Kasaija has advised Ugandans and the rest of the East African Community (EAC) to embrace regional integration and work towards its success as a way to tap into the wider market for the goods and services produced. Kasaija made the remarks while speaking to East African accountants gathered at Hotel Africana and online for the 3rd East African Congress of Accountants (EACOA) organized by the Institute of Certified Public Accountants of Uganda (ICPAU). “Regional Integration is not a matter of choice but time,” Kasaija said. “When the three EAC countries – Uganda,…
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For the East African integration to happen seamlessly, leaders in the partner states should ensure that their respective countries are governed in a way that benefits all the citizens. This was said yesterday by Dr. Fred Muhumuza, a seasoned economist during the 3rd East African Congress of Accountants organized by the Institute of Certified Public Accountants of Uganda (ICPAU) at Hotel Africana in Kampala. “Integration will not offer the desired solutions to the EAC countries unless each country addresses its issues related to leadership”, Dr. Muhumuza said. “We are not poor because we lack wealth. EAC countries are poor because…
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The Institute of Certified Public Accountants of Uganda (ICPAU) is set to host the 3rd East African Congress of Accountants (EACOA) from 14 – 16 April 2021, under the theme, Integration for accelerated economic development. The Congress was initially scheduled for 18th to 20th March 2021 at the Imperial Resort Beach Hotel, Entebbe but was postponed owing to COVID-19 disruptions. The Congress will now be held in a hybrid manner: physically, at Hotel Africana, Kampala, and virtually. The Chief Executive Officer of ICPAU, CPA Derick Nkajja said that the East African Community Institutes of Accountants (EACIAs) agreed to hold the…
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