President-elect Seimavula and Vice President-elect Tanwone in an interview with reportersThe newly elected leadership of the Liberia Institute of Certified Public Accounts (LICPA) has vowed to institute existing policies and adopt new ones that will make the Accounting profession in Liberia more respectable and gain public trust.The President-Elect, Steven D. Seimavula, and Vice President-Elect, Victor S. Tanwore both winning on white ballots during the Institute’s election on October 14, 2017, said Accounting is a trustworthy profession that builds public trust and helps to uphold national economy, but its practice in Liberia is somehow characterized by lapses.LICPA has been in existence here in Liberia since 1933 and currently has 83 members, but President-Elect Steven D. Seimavula promised that he will and his coworkers will ensure to increase the membership to a higher number in order to enhance fund raising for the institution.According to him, government’s subsidy has been the major source of support to LICPA, and if this scenario can change, it will require the collective efforts of both the leadership and members to design strategies that will increase membership of the institution.Mr. Seimavula said he is targeting about 700 to 800 members for the institution during his administration as president.He also promised to increase the number of Accounting students at graduate programs at universities in the country and those still pursuing an undergraduate degree, and to establish professional programs that undergraduates will undergo so that upon graduation they will be competent Accountants.He said the vision to increase the number of Accounting students and establish a professional program is driven from the fact that, though thousands of students graduate every year in Accounting, there is still shortage of professional Accountants.Mr. Seimavula emphasized that “Accounting programs at the various universities are not uniformed and instructors providing instruction to the students have questionable professional status.”“The number of professional Accountants correlates with national economic development. When a better and convincing financial statement is provided by the Accountant, it fuels investment because investors are interested in certain things in the financial statement to encourage them invest their money in the economy,” Seimavula noted.In the absence of competent and qualified Accountants, the newly elected LICPA president said, there can be no quality financial report.Vice president-elect, Victor S. Tanwone said he will work in close collaboration with the president and members of the Institute to embark on the national government to legislate a bill that will compel a Finance Minister and Comptroller Generals occupying key public and private institutions to be certificated by LICPA and other professional Accounting institutions before serving in those positions.He said this legislative restriction will make the Accounting profession not only credible and respectable, but will also encourage ethical behavior in the performance of duties of the Finance Ministers and Comptrollers.“In Ghana and Nigeria, this exists, but not in Liberia. And because such a system is not here, the power of the day can appoint anyone to become Finance Minister and Comptroller, and these people do whatever that pleases them without ethical consciousness,” he added.Nim’ne Elliott Mombo, a council member to the leadership, was described by his colleagues as a prolific writer whose analogies are motivating.He said he drafted the first law of LICPA and it became the law guiding the institution today. As a member of the leadership also elected on a white ballot, he said it is his hope to do what is delegated to him and will do the best for the institution and Accounting profession.The immediate past president of LICPA, Arthur W.B. Fumbah, recalled that the institution was established by law to regulate the practice of Accountancy.He said, however, there was no proper law governing Accounting practice in Liberia, and as a result foreigners were carrying the money and denying Liberians of what belonged to them.As required in the new law, he said, all professional Accountants must pass the Certified Public Accountants (CPA) test before being recognized, and this is working well in the country.About elected leadersSteven D. Seimavula, president-elect, hails from town called Mano Gleh, Porkpa District, Grand Cape Mount County. He holds a Bachelor of Business Administration (BBA) Degree in Accounting from the University of Liberia. He is a Chartered and Certified Accountant, a fellow of the Association of Chartered Certified Accountants (ACCA) based in the United Kingdom (UK). He is currently a partner at PKF Liberia, a member firm of PKF International.Before joining PKF Liberia in 2012, he served as country Financial Controller of Ecobank Liberia from where he got seconded to Ecobank Nigeria, the largest affiliate of the Ecobank Group, where he served as head of Performance management in the Department of Finance. Steve, as he is popularly known, also worked with Coopers & Lybrand which later merged with Price Water House to form Pricewaterhouse Coopers (PWC), as well as Voscon Incorporated (now Baker Tilly Liberia). Steve has also taught at the Stella Maris Polytechnic and the LICPA/ICAG preparatory program.Victor Tanwone, vice president-elect, is a Chartered Accountant (CA) and Certified Public Accountant (CPA), member of the Institute of Chartered Accountants Ghana (ICAG) and the Liberian Institute of Certified Public Accountants (LICPA). He served on the Education and Training Committee of the LICPA and actively participated in the review and development of LICPA country specific subjects (Public Sector Accounting, Taxation and Business Law) in order to provide study materials for the Accounting Technician Scheme West Africa (ATSWA) program for participating Liberian students.He is a Founder and Head Pastor of the Gateway International Church, Founder, President and Chief Executive Officer (CEO) of GIWU Foundation, a Non-Governmental Organization providing Christian Teaching, Logistical (financial and material) support to orphanages within Montserrado and Margibi Counties. He also currently serves as Senior Manager and Head of Internal Audit of the Liberia Airport Authority/Roberts International Airport.Council member Nim’ne Elliott Mombo, Sr., CPA, MBA, is a dynamic, detail oriented CPA (Maryland, USA), with an MBA in Accounting (George Washington University), and a certificate in Financial Management (Harvard University). He is a top rate professional with broad experience in public and corporate accounting, and the Managing Partner of the Liberian office of a global firm. He has proven analytical, problem-solving and system re-engineering skills for accounting and operations issues, and has excellent written and oral communication skills. He is proficient in US GAAP & US GAAS; and also proficient in IFRS, ISA and INTOSAI. He is Immediate Past President of the Liberian Institute of Certified Public Accountants (LICPA).Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
A biker is now dead and an elderly woman hospitalised following an accident on the Essequibo Coast, Region Two (Pomeroon-Supenaam) on Sunday.Dead: Naitram SankarDead is Naitram Sankar, called “Mice” of Agricola, Greater Georgetown, while the injured woman has been identified as 56-year-old Juliet Miller of Kilkenny Street, Queenstown, Essequibo Coast.The accident occurred about 13:00h on the Queenstown Public Road. At the time of the accident, Sankar was among a party of bikers riding on the Essequibo Coast.According to reports, Sankar was riding motorcycle CG 1530, proceeding south along the eastern carriageway of the road at a fast pace when he ended up on the western parapet and struck Miller.After hitting the pedestrian, Sankar then crashed into a utility pole on the parapet.Both the cyclist and the pedestrian were picked up by public-spirited citizens, including Sankar’s biker friends, and rushed to the Suddie Public Hospital, where he was pronounced dead on arrival. Meanwhile, the pedestrian, who suffered a fractured left hip, was admitted for further treatment.The Police are investigating the accident.
Guyana’s education sector is expected to receive an upthrust in the number of qualified teachers as 418 persons successfully completed their respective courses at the Cyril Potter College of Education (CPCE) on Thursday.The 84th convocation saw 76 persons trained in early childhood, 115 in the primary sector, 223 in the secondary sector and four in the post graduate area. Thirteen students were awarded with distinctions while 403 passed with credit and two persons received the standard pass.Principal of the institution, Viola Rowe in her address, presented statistics which show that the number of males during this period has increased by 31 per cent, when compared to last year.“Of the total number of students presented for this period, 82 per cent are femalePrime Minister Mosese Nagamootoo addressing the trained teachersand 18 per cent are male. In comparison with the last reporting period, we present 18 more males to the education system,” Rowe revealed.However, in retrospect to 2017, there was a 16 per cent decrease in the countrywide centres which would have produced distinction graduates. The principal acknowledged that the institution is not pleased with the declining numbers and it is expected that commendable performance should be seen throughout all centres.“Our records for the reporting period show that only 71 per cent of our centres registered at least one distinction compared to 87 in the last reporting period. We’re certainly not comfortable with this decrease and would like to acknowledge that while individual brilliance or the outstanding performance of any one centre is commendable, albeit that the desired results should be outstanding performances at all centres.”In the 2018 batch, 36 per cent was trained in Mathematics, 20 per cent in English, 14 per cent in Agricultural Science, six per cent in business studies, five per cent inStudent recieving an awardPure Sciences, five per cent in Home Economics, four per cent in Social Studies, four per cent in Industrial Technology, two per cent in Information Technology and one per cent in Spanish.On behalf of the Education Minister, Nicolette Henry, Director of the National Centre for Education Resource Development (NCERD), Jennifer Cumberbatch highlighted some improvements that were made to the facilities and services over the past year.Along with an increase in the water supply, meals are now offered for non-resident students and the dormitories have received a facelift.“With increased investments and improvements to the infrastructure, curriculum and courses, the priority is to provide modern facilities with new equipment, enhanced training and reviewed courses so as to cater for our 21st century needs,” said Cumberbatch on behalf of the Minister.Meanwhile, delivering the feature address was Prime Minister Moses Nagamoottoo, who acknowledged the work of women in society in the Judiciary and other divisions.“The nation places great confidence in our women… The critics look at Guyana and they said it seems as though in Guyana, the women are running things. WeA section of the students graduating from the CPCEhave a Chancellor who is a woman, a Chief Justice… the Director of Public Prosecutions… the Chief Magistrate and 82 per cent of the new teachers in our schools will be women,” said the Prime Minister.Throughout the ceremony, tribute was paid to the first female principal of the institution, Olive Lyken, who would have served in that capacity from 1974 to 1979.This year, Annamarie Iserdeen Samaroo was named the Best Graduating Student.
In addition to the one millimetre of rain recorded Saturday, this was the first measurable amount of precipitation received since the 9th of month, but the total was already well past the October norm of 25.8 millimetres, and unofficially it now stands at 33.3. It also marks the unofficial return to winter driving conditions and there’s already been a South Peace collision in which weather might have been a factor. There’s nothing yet from the RCMP on it, but DriveBC reports suggest that Highway 2 in Dawson Creek just south of the junction with Highway 97 North was closed for at least eight hours prior to being reopened just before 6 a.m. this morning.- Advertisement –
Ryan Giggs – Winger, coach, caretaker manager – It was quite a moment to savour when club legend Ryan Giggs took to the dugout for his first game in charge as caretaker player/manager following David Moyes departure, as the whole of Old Trafford rallied to support their hero and their team as they attempted to restore some confidence. The Chosen One – He wasnt looking so chirpy for long. It seemed David Moyes Old Trafford tenure was doomed from the moment Fergie bellowed the words: You must stand by your new manager. He saw the team slump to their worst home record since 1978 and achieve their lowest Premier League points tally, which saw him axed just ten months into a six-year contract. 6 6 King Louis – Things have looked more rosy under Van Gaal seen here handing out presents to fans on Boxing Day, what a legend! with the Red Devils firing on all cylinders again. Hes organised and united the team, and though he still has problems at the back, he certainly seems to be the man to steer the club back to glory glory days once again. 6 Record breaker – United smashed the British transfer record to sign Angel di Maria in the summer. The £60m Argentine has excelled for Louis van Gaal’s side this season, but with just three goals in 14 appearances, there’s certainly still more to come from him too. Click the arrow to see five memorable photos from United’s 2014 It’s fair to say it’s been an interesting year for Manchester United.Sir Alex Ferguson’s retirement was always going to be a shock to the system which brought over 20 trophies to the Old Trafford cabinets, but it couldn’t have gone much worse with ‘chosen one’ David Moyes at the helm.Hand selected as Fergie’s successor by the great man himself, the former Everton boss lasted just ten months before the club unceremoniously tore up his six-year contract following a disastrous tenure.Things have looked brighter under new chief Louis van Gaal. The Red Devils are finally beginning to look like 20-time champions again, with the side back where they belong, or there abouts, in the top four.It sure has been a 12 months to remember – or forget – for United fans, so check out our small selection of picture highlights above! 6 6 Dream Team? – Van Gaal has overseen wholesale changes in the squad, but most notably have been his attacking acquisitions. Loanee Radamel Falcao initially struggled following his deadline day switch but has looked in bright form recently. His partnership with Wayne Rooney and Robin van Persie could prove vital in their task to maintain their top four place and secure Champions League football. 6