BICA to bolster public accountant skills, employment
Monday, March 07, 2022 | 910 Views |
Evans Mulera PIC: PHATSIMO KAPENG
The programme is designed to offer accountants the skills they need to effectively enter and operate in the public accounting sector.
Identifying the shortage of qualified public accountants across Africa, PAFA consulted and partnered with state accountant-generals, professional accounting organisations and supreme audit institutions across Africa and formulated the API to bridge the gap in the most efficient manner possible.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...