The World Bank has awarded the Institute of Certified Public Accountants in Ireland (CPA Ireland) two contracts advising on the development of the accountancy profession in Africa.
CPA Ireland said the combined value of the contracts is $1.5 million and will be carried out in collaboration with outsourcing specialists KOSI Corporation.
CPA Ireland said the first assignment in Rwanda will focus on assisting the Institute of Certified Public Accountants in Rwanda to develop processes around the education and training of professional accountants.
The second contract will be an assignment in Mozambique to establish a new national accountancy body, including the development of legal, institutional and governance structures.
“Apart from the prestige of these contracts they come at a very important time for the restoration of Ireland’s international reputation and we are delighted to have played our part in that,” CPA Ireland chief executive Eamonn Siggins said.