BICA urges accountants to register

SHARE   |   Monday, 25 July 2016   |   By Staff Writer
Verily Molatedi-BICA CEO [L] and Rudi Binedell-BICA President Verily Molatedi-BICA CEO [L] and Rudi Binedell-BICA President

Botswana Institute of Chartered Accountants (BICA) is scheduled to hold its 9th Biennial International Conference next month under the theme, ‘Leading, Building and Innovating in Turbulent Times’. The two-day conference will begin on August 11. Speaking at a press conference on Friday, BICA President Rudi Binedell said through the conference they aim to set the agenda as a professional body that promotes the observance of standards and codes, including ethical behaviour, as advocated for by both the World Bank and the International Monetary Fund (IMF). “These are believed to promote accountability and transparency in a country and are globally recognised to be essential prerequisites for the attraction of Foreign Direct Investment (FDI),” said Binedell.

Abel Monnakgotla – owner of AT&T buses and related businesses – will be the guest speaker and will focus on the important role of the modern day accountant, especially in turbulent times. The conference will include a panel discussion about the ‘Financial Voice Steering the Conversation in Turbulent Times’ which will be led by knowledgeable facilitators with topics ranging from governance to managing and accounting for natural resources, money laundering and terrorist financing. BICA Vice President and Acting Chairperson; Conference Organising Committee, Gosego Motsamai said the target audience for the conference includes BICA members and non-members, trainee accountants, tax consultants, finance directors, finance managers, auditors and financial controllers.

BICA Chief Executive Verily Molatedi said there is a concern about unregistered accountants, which soil the reputation of the profession as well as having a detrimental effect on the organisations that employ their services. She said currently BICA has 1119 members with 448 of those being the citizens, emphasizing that practicing accountants should register with the institution.