Lesotho Institute of Accountants (LIA) and Botho University (BU) have signed a Memorandum of Understanding (MOU) to cement a partnership on the training of Lesotho Professional Accounting Programmes. Under this agreement Botho University shall provide tuition for Lesotho Professional Accounting Programme (LePAP), a professional accountancy programme developed by LIA while LIA shall be responsible for the management of examinations for the same programme.
The two institutions, both having education and training mandates; one for the determination of competencies for education and training of aspiring accountants and one for provision of tuition for higher education sub sector, have decided to forge closer relations as partners.
The signing of the MOU was held at a cocktail event at AVANI Lesotho on Tuesday 13th November 2018, attended by stakeholders known to both LIA and Botho University in the public and private sector. The relationship between LIA and BU began early this year when the LIA approached Botho University for a partnership on the training of LePAP, which the university welcomed with open arms. LIA chose Botho University because the institution already has successful professional accounting programmes that are run in Botswana and are recognized by global professional accountancy bodies, which made Maseru Campus an obvious choice to train the next calibre of professional accountants.
The training of the first cohort of students under this partnership began this academic year (2018/2019) with forty one students enrolled to the fully sponsored LePAP programme. The end goal of this programme is to graduate a fully-fledged, well recognized, industry relevant and professional Chartered Accountants.
This collaboration will go a long way in ensuring quality provision of LePAP thus increasing the number of competent accountants in the country.
KHOTSO! PULA! NALA!