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PRESS RELEASE - 12th CPA and CAT Examinations - JUNE 2018 INTAKE

The 12th Certified Public Accountant (CPA) and Certified Accounting Technician (CAT) examinations are being conducted from 4th to 8th June 2018

The Institute of Certified Accountants of Rwanda (iCPAR) in its mandate under Law Number Nº 11/2008 of 06/05/2008 to promote and regulate the accountancy profession in the Republic of Rwanda is conducting its 12th professional examinations sitting. The first professional examinations were conducted in December 2012.

iCPAR aims at producing a critical mass of qualified professional accountants for the national and regional market. In this regard, iCPAR conducts professional accountancy exams in two main qualifications including Certified Public Accountant (CPA) and Certified Accounting Technician (CAT).

The 12th CPA and CAT examinations that have been organized by iCPAR are being conducted from 4th to 8th June 2018 in four Examinations Centers that include Kigali - Kigali Independent University (ULK); Huye – University of Rwanda Huye campus (UR-Huye); Ngoma – University of Kibungo (UNIK); and Musanze – University of Kigali (UoK) Musanze Campus.

1,355 candidates have been registered to sit for June 2018 examinations where 975 candidates registered to sit for CPAexaminations while 380 candidates registered where 622 Male (64%), 313 Female (32%) and 253 Male (67%), 127 Female (33%) to sit for CAT examinations. The overall total number comprises of 915 Male (68%) and 440 Female (32%).

Qualified professional accountants are at the heart of the development of the country in particular public service delivery and Capital Markets among others. Reliable and credible financial information is needed to build investor confidence, enhance economic development and increase attractiveness of a country’s investment climate thereby encouraging inflows of foreign direct investments (FDI) and general business development.

The Government of Rwanda through implementing the Public Financial Management Learning and Development (L&D) Strategy (Jan 2018), envisages a critical mass of around 7,387 qualified PFM personnel and majority of whom are Certified Public Accountants and Certified Accounting Technicians working across various domains such as auditing – internal and external; finance and accounting; budgeting and revenue management within the next fifteen (15) years.

This would mean having at least 2,463 certified accountants within five years. The number could be bigger if we include other financial services staff needed in the private sector. It is therefore through partnerships with training providers where this ambitious goal can be achieved.

Under the auspices of iCPAR, students who have fully completed CPA Rwanda are 39 CPA and 41 CAT where 2 female (5%), 32 Male (95%) and 17 Female (41%), 24 Male (59%). However, there is still need to increase enrollment of new students to join the profession. iCPAR has therefore embarked on sensitization and collaboration with universities through Memoranda of Understanding (MoUs) to increase students’ enrolment.

The Institute of Certified Public Accountants of Rwanda (iCPAR) wishes success to all candidates sitting for the June 2018 CPA and CAT Examinations.

For further information about CPA and CAT Examinations organized by iCPAR, please contact Jean Marie Vianney Muhire, The Director of Education Development Services, iCPAR on Phone (+250) 788597268; Email jmv.muhire@icparwanda.com

Note: iCPAR is a member of the Panafrican Federation of Accountants (PAFA) and Associate member of the International Federation of Accounting (IFAC).