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“ABWA Congress Will Bring Commercial Value “

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-Madam Joy Adewuyi

The Current president of the Association of Accountancy Bodies in West Africa or (ABWA) Madam Dame Onome Joy Adewuyi says the hosting of the next ABWA Congress here in Liberia by the Liberia Institute of Certified Public Accountants or (LICPA) will bring commercial values to the country and its people.

“If you bring about 200 intelligent men and women together the share skills and experiences they get from networking one cannot fortified it,” she said adding “when they come they buy things, pay hotel bills and this I think they will bring commercial values, and generates revenues for this country”

She made the statements in an interview with scores of Journalist at the climax of a three day ABWA Council meeting hosted under the auspices of the Liberia Institute of Certified Public Accountants held at the Farmington hotel in Harbel Margibi County.

Shenoted that in every economy people will need the services of chartered accountants that will help support the growth, and development of those economy

According to her, Liberia as a country needs chartered accountants to help in the running of the country, saying these are things ABWA is involved with by conducting capacity building, training, and to help various accountancy bodies to reach a professional standard.

Madam Adewuyi opined that the ABWA delegation has come to see how LICPA is preparing for its biggest assignment given them by the council of ABWA.

Touching on issues discussed at the meeting, Madam Adewuyi said key among the issues were how to promote the accountancy profession in the West African region.

“Everything we do at these sub meeting is to see how we can handle all accountancy professional who are members of ABWA, and ensure that they run their institutes at the international level that is acceptable worldwide,” she added.

For his part the president of the Ghanaian Institute of Chartered Accountants Prof. Williams Abayaawein Atuilik praised LICPA preparedness of hosting the ABWA Congress in August of next year, and the country’s interest in making the institution member to the international body.

“One of the many reason why we hosting this meeting here in Liberia is to assess the preparedness of Liberia to host the second ECOWAS ABWA Congress, and we are satisfied about the things we saw the infrastructure, Hotel, Security among others” According to him the Association of Accountancy Bodies in West Africa or ABWA has selected Liberia to host the 2022 ABWA Congress in Liberia through LICPA, based on its interest and preparedness showing. The decision to select Liberia was reached at the end of a three day ABWA governing Council meeting.

Meanwhile the President of LICPA Victor Tawone said the hosting of the Congress in Liberia is a great achievement for his leadership and a boost to the struggling Liberia economy.

“I want to extend thanks and appreciation to the President of ABWA, the President of the Institute of Chartered Accountants Ghana, Council members for accepting Liberia’s request to host ECOWAS ABWA congress in Liberia” He said.

Mr. Tawone noted that at the end of the congress, recommendations will be made on how governance can be improve in the public sector in Liberia and the sub- region.

Mr. Tawone at the same time called on past presidents, council members and members of the Institute for collaborative effect in making the congress a success.

LICPA was established by an act of the National Legislature in June 2011 to regulate the accounting profession in Liberia.

The institution 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. By Lewis S. Teh

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