THE Institute of Chartered Accountants of Zimbabwe (Icaz) President Walter Mupanguri says chartered accountants have a critical role to play towards the success of the economy.
Addressing over 100 students who passed the Professional Practice Examination (PPE) at the weekend, Mupanguri also urged the qualified and aspiring chartered accountants to respect values and ethics as this was important for the profession.
“As you are aware, chartered accountants are of much significance to the well-being of any economy,” he said.
“Therefore, we have a role to play towards national development and economic recovery.
“We are part of the equation towards success of economic turnaround efforts, the upholding of professional ethics and corporate governance issues.
“Chartered Accountants (Zimbabwe) certificate is a reputable qualification that is internationally recognised,” Mapunguri added.
“To be a chartered accountant comes with a lot of weight and magnanimous reverence.
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“It also comes with a lot of responsibilities and this means that members of the institute are expected to tread the moral high ground and be exemplary citizens in their professional and social conduct.”
Icaz exam board chairman Bryan Thorn expressed optimism with the Icaz standards and the examination structure.
“The ZCTA (Zimbabwe Certificate in Theory of Accounting) and qualifying levels have met the required standards because ZCTA is fitting in with the South African Unisa programme and Icaz is working well with the examination body in South Africa,” he said.
Thorn also applauded candidates who were training outside public practice (TOPP).
Students study for their examinations alongside the practical training, while serving articles of clerkship with an accounting firm or a company accredited as a training office by Icaz.