Training Partnership with CIPFA Launched
Botho University has entered a training partnership with the Chartered Institute of Public Finance and Accountancy (CIPFA).
The CIPFA partnership with Botho University will allow accountancy students in Botswana to study for CIPFA's professional qualification in International Public Financial Management, the only accountancy qualification based upon International Public Sector Accounting Standards (IPSAS). Botho University will be the first institute in Botswana to be given the accredited tuition provider status by CIPFA.
The programme was launched at a ceremony held at the Botho University Gaborone campus on the 20th of August, 2015.
"It is important to note that this curriculum is especially important for all those dealing with accountants in the government, both local and central, and semi-government organisations in Botswana," remarked the keynote speaker of the event, Deputy Accountant General Mr. Othusitse Lebuletswe.
"The curriculum comes at a time when government bodies are making a switch of their accounting system from the erstwhile cash based to the more acceptable and recognised accrual based, and Botswana as a country is adopting International Public Sector Accounting Standards. Students undergoing this course will be properly equipped to implement and handle such a changeover."
Also in attendance were the Auditor General, the Deputy Auditor General, and the CIPFA Development Chairperson, as well as guests from the Ministry of Finance and Development Planning, the Accountant General's Office and accounting bodies such as BICA.
"There is an urgent need for our economies in Africa to leapfrog and we can only do that by leveraging the capacity created within our country and continuing with global best practices, thus offering great value," said Vice-Chancellor Dr. Sheela Raja Ram during her welcoming remarks.
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed.
BU boasts a large and versatile Faculty of Accounting and Business which offers a wide range of accounting programmes such as the BSc Honours Degree in Accounting, professional qualifications such as ACCA, CIMA, BICA and the technician level qualification AAT. The institution currently has over 1200 students in these programmes and the faculty's academic team of almost 60 includes many doctorates and professional accountants with a wide range of industry and public sector experience.