ICPAR has made significant progress since its inception in 2008. ICPAR has already achieved a number of key milestones, many of which directly respond to recommendations made by international partners such as the World Bank (WB) and IFAC; it has:
• Established a secretariat and governance structure – the building blocks for a strong Professional Accountancy Organisation;
• Established a pipeline of locally trained, professionally qualified accountants through the national qualification;
• Grown the iCPAR membership from 98 in 2009 to 407 in 2016 i.e. an annual average of 22.6%;
• Elaborated the strategic plan (2012-2016); and established a continuing professional development (CPD) programme;
• Become a trusted partner and service provider to key organisations in Rwanda;
• Achieved IFAC Associate membership and is a founding member of the Pan African Federation of Accountants (PAFA); and
• Doubled internally generated revenue from 26% in 2009 to 50% in 2016.The Institute of Certified Public Accountants of Rwanda (iCPAR) is the National Professional Accountancy Organization (PAO). ICPAR exists to strengthen and support the accountancy profession in Rwanda and thereby serve the public interest by promoting professional and ethical
Standards. The Institute’s broad remit, which is key to supporting Rwanda’s economic growth and ambitions, includes fulfilling its legal mandate to:
• Regulate and promote the accountancy profession;
• Lead the implementation of, and compliance with international standards;
• Undertake investigation and discipline of accountants; and
• Deliver and examine accounting qualifications.
Our vision is to ensure that Rwanda has a strong, relevant and sustainable profession and our mission is to build a strong and engaged professional accountancy organization that consistently anticipates and delivers on stakeholder expectations while acting firmly in the public interest.