The Institute of Certified Public Accountants of Uganda (ICPAU) on 18 February 2021 announced the winners of the second batch of the Certified Public Accountants of Uganda (CPA-U) scholarships.
There are 10 beneficiaries (4 female and 6 male), selected from both public and private chartered universities.
|
1. |
Racheal Nahurira |
Makerere University
|
|
2. |
Francis Mubiru |
Kyambogo University |
|
3. |
Alex Kisakye |
Makerere University
|
|
4. |
John Michael Muyobo |
Kyambogo University |
|
5. |
Precious Aheirwe |
Kyambogo University |
|
6. |
Emmanuel Bugembe |
Makerere University
|
|
7. |
Mercy Orishaba |
Uganda Christian University |
|
8. |
Jotham Wante |
Makerere University
|
|
9. |
Andrew Ocen |
Kabale University |
|
10. |
Mary Carolyne Najjemba |
Makerere University
|
ICPAU will meet the costs of: registration, annual studentship renewal, study materials and examinations whereas beneficiaries will meet their tuitions costs.
The students are expected to write their first CPA-U examinations in June 2021 and they must complete the course within 2 ½ years.
In his keynote address, CPA Stephen Muchelule, a member of ICPAU who was recognised as the top student in Integration of Knowledge (Paper 18) of the November 2019 CPA-U examinations diet advised the students to plan ahead and prepare adequately, so as to complete the course within the stipulated time. He further advised the students to continuously recall why they selected the course.
“You need to understand the reason why you selected CPA,” CPA Muchelule said. “There is no other alternative, because in order to become a CPA, you must be a member of ICPAU and you need CPA, in order to qualify for membership,” he added.
The scholarships selection process began in May 2020, with an invite for applications. Among the criteria, applicants were required to have completed their bachelors’ degrees between October 2019 - March 2020 and hold an Honours Degree (1st Class or second class - upper division). There were 187 applicants
Mr. John Bosco Ntangaare, the Director - Education advised the scholarship winners who are actively employed to begin recording their practical experience immediately, through the ICPAU Practical Experience Training (PET) programme, to enhance their eligibility for ICPAU full membership.
Section 5 (2) of the Accountants Act, 2013 stipulates that a person is eligible for ICPAU membership if he/she passes the qualifying examinations and completes the requisite practical training.
The 8th president of ICPAU, CPA Frederick Kibbedi advised the students to aim at acquiring new skills such as: digital, analytical, risk analysis and problem solving, in order to be competitive.
Glory Consultants and Professional Trainers Limited pledged to cover tuition fees for the 4 female students.
“In tandem with the spirit of the International Women’s Day which is fast approaching, Glory Consultants and Professional Trainers will cover the tuition costs for the 4 female beneficiaries,” CPA Gloria Wakooba Tuhaise, the Director of the institution announced.
The CPA-U scholarship programme was introduced in 2019 as part of ICPAU’s commitment towards nurturing talent among young people, in this case through giving university graduates the opportunity to build on their initial professional development. The CPA course imparts professional knowledge, skills and values, which are key elements for serving in the public interest.
The inaugural beneficiaries who were awarded the scholarships in December 2019 wrote their first examinations in December 2020.
-END-
