PricewaterhouseCoopers (PwC), a multinational professional service firm, has opened its doors in Rwanda’s capital Kigali, with an academy that will bridge the existing gap in the accounting profession in the country.
Pricewaterhouse Coopers-Rwanda comes at a time when the country needs about over 1,000 accountants to add to the existing 200 qualified accountants.
Pricewaterhouse Coopers Tax Academy will conduct training programmes to help narrow the knowledge and skills gap, especially on tax matters and the firm will be offering a range services including assurance, tax, and advisory services, says Bernice Kimacia, the firm’s country senior partner.
PwC has long provided high-quality Audit & Assurance, Advisory and Tax services to companies across a broad range of industry sectors. PwC Africa Central network includes member firms in Angola, Ghana, Kenya, Nigeria, Mauritius, Tanzania, Uganda and Zambia
The firm will also add to the list of accounting Firms in Rwanda- including TCHEM Associates, Nambiar Associates, Global Professional Organization (GPO) partners, Ruma, Garry Whiteknight & Whiteknight Partners, KPMG Rwanda, PKF Rwanda- all overseen by the Institute of Certified Public Accountants of Rwanda (ICPAR) is the Professional Accountancy Organization (PAO) mandated by law number 11/2008 to regulate the Accounting profession in the republic of Rwanda.
ICPAR is the only body authorized by law to register and grant practicing certificates to Certified Public Accountants (CPAs) in Rwanda.
Peter Rutaremara, the President of ICPAR says that the entry of PwC will facilitate deepening the accounting professional resource in the country.
Rwanda is fast becoming a prime investment destination in Africa. Voted the Top Reformer by The World Bank Group in its ‘Doing Business 2010’ report, Rwanda is the first country in Sub-Saharan Africa to earn this distinction. The country’s GDP has doubled since 2005 with growth of 6% expected this year.