The Public Accountants Examinations Board (PAEB) on 19 January 2022 released results for the December 2021 examinations of the Institute of Certified Public Accountants of Uganda (ICPAU).  

The National Social Security Fund (NSSF) won the Gold Award at the 2021 Financial Reporting (FiRe) Awards. NSSF beat 87 organisations who submitted their annual reports for evaluation. According to the Chairman of the Financial Reporting Awards Committee, the NSSF report was highly interactive, as it was easy to navigate and the information was interlinked.

The Public Accountants Examinations Board (PAEB) of the Institute of certified Public Accountants of Uganda (ICPAU) has announced an improvement in the pass rates for the October 2021 examinations of the Accounting Technicians Diploma (ATD), Certified Tax Advisor (CTA) and the Certified Public Accountants (CPA) courses.

The 2021 Accountancy Service Awards (ASA) will honour finance teams and accountants that have made remarkable contributions towards assisting their organisations, clients and communities to navigate the COVID-19 pandemic and stay afloat.

By CPA Susannie Kyamanywa

Manager, Quality Assurance and Regulation, ICPAU

Relevance

It is a pleasure to introduce to you the 22^nd edition of Today’s Accountant magazine. The magazine is a CPAs’ platform for knowledge and experience sharing, and in this edition we discuss how CPAs can remain relevant to the organisations and economies that they serve, in spite of the present circumstances.

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.

The Institute of Certified Public Accountants of Uganda (ICPAU) has recommended the scrapping of the proposed UGX 100,000 as stamp duty on payment of professional licenses.

The Stamps Duty (amendment) Act 2020 amended Schedule 2 of the Stamps Duty Act, 2014; by imposing a duty of UGX 100,000 on payment of a professional license or certificate by every professional offering professional services.