Female candidates overwhelmingly performed better in the March 2021 Certified Public Accountants of Uganda (CPA) examinations.
This was revealed by CPA Prof. Twaha Kaawaase, the chairperson of the Public Accountants Examinations Board (PAEB) at a virtual release of the examinations results on Thursday, 1 April 2021.
The results released showed that, out of the 18 papers under the CPA course, the female candidates emerged top in 13.
Doreen Musimenta was top student in two papers: Financial Reporting and Quantitative Techniques. Joan Nakajjubi emerged top candidate in Economic Environment, while Judith Kyomugisha topped Business Management & Information Systems. Sandra Ayebazibweand Sharif Babirye topped Taxation and Cost & Management Accounting respectively at Level One of the CPA course.
At Level Two, Mildred Lunkuse and Estar Nimusiima were top candidates in Financial Reporting and Advanced Taxation respectively.
Allen Nassali, Bridget Namudhoola and Solome Margaret were top candidates in Public Sector Accounting & Reporting, Business Policy & Strategy, and Advanced Financial Management respectively.
At Level 4, which is the final stage to becoming a Certified Public Accountant, Immaculate Hope was recognized as both the best Female candidate and 3rd Top Student.
“The good performance of the female candidates is an indication that the time has come for female accountants to tale up position that were once thought to be a preserve of their male counterparts” Prof. Kaawaase said.
He further called upon the women to embrace accountancy. “Women are more ethical, professional and have a high degree of integrity, which are the guiding principles of the accountancy profession, and thus the need to have so many in decision making positions of organisations”, he added.
CPA Frederick Kibbedi, the 8th President of ICPAU congratulated those who completed the CPA course. “Every time students are passed out as CPAs, the economy and profession grow stronger” he said.
He also applauded the female candidates for exhibiting excellence. “When you train a woman, you train a nation, he said. He also encouraged women to embrace accountancy because organizations need to tap into a number of virtues they possess.
61.4% of the candidates were under 30 years of age and many of them attempted the examinations for the first time
Since inception, 4,132 students have completed the CPA course