The Institute of Certified Public Accountants of Rwanda (ICPAR)

The Institute of Certified Public Accountants of Rwanda (ICPAR)

The Institute of Certified Public Accountants of Rwanda (ICPAR) ,   located on Prester Building in Kacyiru, is the professional accountancy organization (PAO) mandated by law number 11/2008 to regulate the accounting profession in the republic of Rwanda.

There are currently 218 certified public Accountants, 10 Accounting Technicians and 170 students in the country.

ICPAR is the only body authorized by law to register and grant practicing certificates to Certified Public Accountants (CPAs) in Rwanda

The Institute currently offers two qualifications based on the International Federation of Accountants (IFAC) / ISAEB guidelines leading one to becoming a professional accountant i.e. Certified Public Accountant Of Rwanda (CPA-R) and Certified Accounting technician (CAT-R).

The Institute has wide-ranging responsibilities including promotion and adherence to financial reporting, auditing and ethical. The Institute has responsibility for regulating and promoting efficient accounting practices in public interest

The Institute affairs are managed by a secretariat headed by a Chief Executive that executes the Institute Policies with support from the General Assembly, Governing Council and Technical Commissions

ICPAR’s responsibilities

  • To regulate the accountancy profession
  • To preserve the integrity of the accounting profession
  • To promote the competence and the capacities of its members
  • To provide to its members professional education in accounting and other related disciplines
  • To issue regulations for promoting the functioning of the Institute
  • To take disciplinary measures against members unable to perform their duties and guilty of misconduct
  • To promote and preserve the professional independence of its members while exercising their profession
  • To promote the common interests of its members
  • To advocate for members in the country and abroad
  • To promote the recognition of the Institute in the country and abroad
  • To issue and to promote the implementation of accounting and auditing standards in public organs and private sector
  • To provide advisory commentary on curricula for any accountancy courses
  • To develop teaching programmes, to organize examinations and to issue certificates in matters relating to accounting profession
  • To make contribution on bills relating to the accounting profession
  • To give advice to Government on matters relating to the accounting profession
  • To take appropriate measures enabling the Institute to perform its responsibilities
  • To issue licence of exercising the accounting profession to qualifying members requesting such license and to withdraw it in case of misconduct
  • To determine any other functions aiming at promoting the accounting profession
  • To promote membership of the Institute in IFAC