Who we are

The Institute of Certified Public Accountants of Uganda (ICPAU) is the national Professional Accountancy Organisation (PAO).

ICPAU was established in 1992 by an Act of Parliament, now the Accountants Act, 2013.

The functions of the Institute, as prescribed by the Accountants Act, 2013 are:

To regulate and maintain the standard of accountancy in Uganda;
To prescribe and regulate the conduct of accountants and practising accountants in Uganda.

Vision

A globally recognised promoter of accountants for sustainable economies.

Mission

To develop and regulate accountants for professional excellence and sustainable impact.

Values

Professional Excellence
Accountability
Integrity
Responsiveness

Affiliations

ICPAU is a member of:

IFAC Statements of Membership Obligations

As a member of IFAC, ICPAU attests to the seven (7) Statements of Membership Obligations (SMOs) which set the fundamentals of the 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

Responsibilities of the Institute

In pursuance of the functions enshrined in the Accountants Act and the IFAC SMOs, the responsibilities of the Institute also include the following, among others:

Issues practising certificates to accountants that would like to offer services to the public;
Conducts continuous professional education to ensure that members keep up to date with the developments in the profession;
Sets examinations for the aspiring accountants who will gradually become Certified Public Accountants of Uganda [CPA(U)]; and
Does whatever is required of the accountancy profession with due regard to public interest.