A three day Second Economic Community of West African States(ECOWAS) and the Accountancy Bodies in West Africa(ABWA) Joint Congress under the auspices of the Liberian Institute of Certified Public Accountants(LICPA) kicks off today, Thursday, March 17, 2022 at the Farmington Hotel, Harbel, Margibi County and is expected to be opened by President George Manneh Weah with an array of government officials, delegates from regional accounting bodies , members of the Diplomatic Corps, international development partners and distinguished guests from within and without Liberia..
Liberia was elected to host the event following an overwhelming endorsement during the first congress held in The Gambia.
Speaking to The Analyst Newspaper via his mobile phone, Mr. Victor SBK Tanwone, President of LICPA said the congress will focus on strengthening regional partnership and collaboration among member countries of and professional accounting bodies with the aim of formulating strategic measures to advance the profession through knowledge sharing.
While disclosing that the theme will be “Good Governance and Sustainable Development for Regional Prosperity”, he also said that the event will mark a historic achievement for the LICPA and Liberia as a country.
He also said that some of the benefits of the Congress to Liberia and LICPA has to boosting the trade, hospitality and other commercial ventures of the economy and participants will acquire knowledge as per the topics to be discussed as well as giving further international exposure of LICPA to the larger global community
“The congress is open to sponsorship and partnership from corporate institutions in Liberia and across the West African region. This will enable businesses to expand their products or services in Liberia and the entire West African region”. The Accountancy Bodies in West Africa was established in August 1982 in Lagos, Nigeria with the aim to develop and encourage professionalism in accountancy in West Africa, strengthen the accountancy profession in member countries, enhance technical competence and ethical standards of members among others”, he said.
The Liberian Institute of Certified Public Accountants (LICPA) is the successor of the Institute of Certified Public Accountants, Liberia (LICPA) which was established by an Act of the National Legislature in 1933. It was established by an Act of the National Legislature in June 2011 to regulate the accounting profession in Liberia. The LICPA is empowered to set standards, license accounting and assurance practitioners, build capacity and do all things appertaining to regulating the accounting and assurance professions aimed at building a strong and vibrant public accounting sector in the country.
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