RPA Canada and CA Zambia to Sign MoU to Advance Mutual Cooperation

Small Business Canada

Toronto: The Society of Professional Accountants of Canada (SPAC) and the Institute of Chartered Accountants of Zambia (ZICA) announced today that they would sign a MoU on May 17, 2022, that opens fresh opportunities for professional accountants in Canada and Zambia. The signing ceremony will take place on Zoom platform and will be streamed live on the RPA Canada YouTube channel on Tuesday, May
17, 2022 at 10:00 am EST/ 4:00 pm CAT.

Zubair Choudhry, President & CEO of RPA Canada and Anthony Bwembya, CEO of ZICA, will be on hand to put their seal of approval on what is considered a very mutually rewarding partnership between two prestigious and renowned accounting bodies.

Speaking on the initiative, Zubair Choudhry, remarked, “I am overly excited about what our two organizations can do for the benefit of the accounting profession in both our countries. The coming together of RPA Canada and CA Zambia, will help improve the accounting profession by taking advantage of the unique strengths each organization brings to the table. At RPA Canada, we have programs that include the latest technology to meet the demand of the SME sector. We also have a strong code of ethics in place to protect the interest of our clients and members of the public. These are some of the areas that we will be discussing in the future with the leadership at ZICA to develop further synergies.”

ZICA President Cecilia Zimba heaped praise on the initiative, “We are delighted to participate and share this special occasion. Co-ordinated international partnerships are a key ingredient for economic growth and of great value to both countries. This partnership will open doors for mutual benefit including paving way for Accountants in Zambia to work in Canada and vice versa and to allow for cooperation in the field of membership management and professional development. We are cognisant of the fact that we need to explore the benefits of cloud accounting for both parties. We look forward to the extensive knowledge exchange and the drive to enhance capacity building activities under this agreement”.

Her Excellency Pamela O’Donnell, Canadian High Commissioner in Zambia and His Excellency Felix Nicholas Mfula, Zambia’s High Commissioner in Canada will deliver the keynote addresses at this historic MoU signing ceremony.

The MoU is expected to lead to increased cooperation and information exchange between RPA Canada and ZICA. The MoU will cover the possibility of adopting best practices in the fields of membership management, professional development, code of conduct and ethics, technology adoption, quality control, training, and career development.

Under the MoU, RPA Canada will provide scholarships for selected ZICA female students to attend RPA online study program in Canada. This is inspired by the stated goals of the Canadian government commitment in empowering women by making available to them the opportunities to achieve economic independence and gain control in their decision-making process.


About RPA Canada

The Society of Professional Accountants of Canada (SPAC) was established in 1978. RPA designation is an abbreviation for the term Registered Professional Accountant, granted by the SPAC to persons with approved experience and who have successfully completed the Mandatory Professional Exams and the requirements set by the Society. The Society is a professional organization established for ongoing education and setting qualifying standards to ensure professional competence of its members in the practice of accountancy. The Society proudly holds the singular distinction of being the premier professional accounting organization in Canada offering a unique perspective with a special emphasis on Small and Medium sized businesses.

www.rpacanada.org


About ZICA

ZICA is a self-regulated membership Institute established by an Act of Zambian Parliament. The primary mandate of ZICA is to regulate the accountancy profession in Zambia. The Institute has a membership base of over 6,500 members and over 7,000 students and is a member of the following international bodies: International Federation of Accountants (IFAC), Pan African Federation Accountants (PAFA) and Chartered Accountant Worldwide (CAW). The Institute registers all students studying or intending to become Accountants in Zambia as stipulated in the Accountants Act No. 13 of 2008. As a legal requirement, registration of students ensures that the students are introduced to ethical requirements of the accountancy profession at an early stage. The Institute maintains appropriate practice standards that are consistent with the principle of self-regulation and protection of public interest among members.

www.zica.co.zm

Register in advance for this event:

https://us02web.zoom.us/meeting/register/tZAvduqgrjstHt0ArOGb93UkrsR-yJ6unlNy
After registering, you will receive a confirmation email containing information about joining the meeting.

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