What next after CPA?
Reigning Young Accountant of the Year CPA Charles Busingye has urged graduates of the Certified Public Accountants (CPA) course to resist the temptation to rest on their laurels after their most recent accomplishment.
He advised them to expedite their full membership enrolment with the Institute of Certified Public Accountants of Uganda (ICPAU) so that they can belong to a fraternity.
“The Institute is there to ensure that you are regulated,” said CPA Busingye.
“A person without an accountability partner is as good as lost,” he added.
CPA Busingye was speaking at the 14th ICPAU Graduation ceremony. He was the Guest Speaker.
He further advised the graduates to seek mentors along their membership journeys, referencing scripture from Proverbs 27.17 in the Bible, “As iron sharpens iron, so one person sharpens another”.
“The nature of accountancy is that we have legacies left by those who came before us, and because the profession is dynamic, you need like-minded people to sharpen you and remind you of the values of the profession,” said CPA Busingye.
Accountants operate in a dynamic environment marked by changing tax laws, evolving accounting standards and volatile financial markets, hence the need for them to skill up and continuously add value to themselves.
The profession offers the flexibility and versatility to enable accountants to explore several career options, for example, in tax, audit, insolvency practice, financial analysis, investment analysis and asset management, among others.
According to CPA Busingye, it is only when accountants commit to continuing professional development that they can reap the full potential that the profession offers.
“Your human capital is a part of your economic net worth,” he noted.
He encouraged the graduates to emulate the tenets of the profession, by building trust within their various spheres.
The 14th ICPAU Graduation Ceremony was held on 7 March 2024 at the Imperial Royale Hotel. There were 250 graduates: 231 for CPA, 4 for the Certified Tax Advisor (CTA) and 15 for the Accounting Technicians Diploma (ATD). The graduates completed their studies in 2023.
END.
