Business
Indian accounting body launched in Uganda
Publish Date: Feb 03, 2014
Indian accounting body launched in Uganda
Members of Institute of Chartered Accountants of India lighting a candle to wish the newly launched Chapter prosperity .Picture by Andrew Masinde
  • mail
  • img
newvision

By Andrew Masinde          
               
The Institute of Chartered Accountants of India Uganda (ICAIU) was on Saturday launched at Silver Springs Bugolobi, Kampala by Indians living in Uganda. 
 
It’s a branch of India’s professional accounting body known as the Institute of Chartered Accountants of India (ICAI).
 
Speaking at the launch, the Chairman of Indian Association of Uganda, Rajesh Chaplot said the institute is to uphold chartered accountancy profession in Ugandan as trustee of high quality, financial competency, managing business risks, corporate governance, assurance and audit competency and business competitiveness in fast changing business world.
 
“The aim for this chapter is to recognize the need for professional development in the changing global and Ugandan business environment. We also want to organise professional development sessions for Indian and Ugandan professionals with focus on value based, changing business and organisation structures,” he said. 
 

The Finance Ministry Director for Economic Affairs, Lawrence Kiza chatting with Rajni Tailor, Chairman Board of Trustees, Indian Association in Uganda after the launch. Picture by Andrew Masinde

 
The Finance Ministry director for economic affairs, Lawrence Kiza called upon Indians living in Uganda to train Ugandans with skills such that they do not have to spend much on bringing experts from India giving reasons that Ugandans have no skills.
 
“Ugandans are bright, all they need is training and they will offer a great job, so my call to Indians who have investments in Uganda is to train Ugandans. Give them a chance to work freely and also encourage them to be committed to their work, He said
 
Kiza also advised people responsible to standardise the field of accounting in Uganda such that it reaches that of India.
 
The Chapter is expected to help, support, promote and foster a sense of community, loyalty, fellowship, fraternalism, partnership and professionalism among the members of the ICAI. 
 
It will also provide information and guidance to its members.
 

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Farmers tipped on penetrating US market
UGANDAN farmers have been urged to capitalize on organic agriculture and improve packaging in order to tap into the US' massive sh87.7 trillion organic agriculture products market...
Gov’t working on laws governing drones – Thembo
Government efforts are underway to put guidelines and restrictions on how private citizens can use drones, the state minister for ICT says....
IBM to invest $3 bn in
IBM has announced it is pumping an equivalent of 9 trillion Ugandan shillings into a new division focusing on the growing market for connected devices, or the "Internet of Things."...
Graduates get extra business entrepreneur skills
GRADUATES and non-employed youth have been urged to supplement their school knowledge with entrepreneur and vocational to easily help them manage their own businesses...
India
Hundreds of India's companies have failed to find women for their boards despite a last-minute rush to meet a mandatory deadline to appoint at least one female director....
Regional ICT summit opens in Mombasa
The inaugural regional ICT summit dubbed Connect East Africa Summit has opened in the Kenyan coastal city of Mombasa....
Should police arrest parents who do not take their children to school?
Yes
No
Can't Say
follow us
subscribe to our news letter