Mwanakatwe directs govt accountants to register with ZICA

By Staff Reporter

FINANCE Minister, Margaret Mwanakatwe, has directed the Accountant General to ensure that all accountants in government are registered with a regulatory body.

Mwanakatwe said that the Ministry of Finance should take up the payment of subscriptions for all accountants that are going to be registered.

The Minister’s directive comes after one of the delegates at the 34th Zambia Institute of Chartered Accountants (ZICA) Annual Conference, expressed concern over unregistered accountants serving in government, especially in remote areas.

Mwanakatwe has urged Accountant General and the Deputy Secretary to Cabinet to ensure all accountants in government were registered.

And Accountant General, Dick Sichembe said his office would comply with the minister’s directive as it was a requirement by law for accountants to subscribe to the regulatory body.

He said that most accountants in government are registered but that the challenge has been in paying annual subscription fees to regulatory bodies.

Meanwhile, Deputy Secretary to Cabinet, Christopher Mvunga, has urged Directors of Finance in the public sector to provide professional advice on financial management issues to respective controlling officers to stem out audit queries.

Mvunga has further urged the Directors of Finance to work closely with the office of the Accountant General to encourage the use of more efficient digital financial products to promote efficiency and reduce financial irregularities.

He said government through cabinet office looks forward to working with ZICA in driving the financial reforms and advance the country’s development agenda as espoused in the 7th National Development Plan and Vision 2030.

And Mvunga has assured that the government is fully committed to implementing various public sector financial management reforms.

He urged accountants to familiarise themselves with the Accountants Bill of 2018.