P.O. Box 3213 Kigali; Tel.

+250784103930; 1st Floor, Prester Building, Kacyiru, Opposite Top Tower Hotel; Email: info@icparwanda.com www.icparwanda.com

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iCPAR 2012 ANNUAL SEMINAR THE 11TH 13TH OF JULY 2012 AT THE SERENA LAKE KIVU, GISENYI
__________________________________________________________________ Seminar Overview
Do You Have the Ability to Inspire Change? Create Sustainable Performance? Deliver Results? Thrive in a Modern Complex Business Environment? These Strategic Questions are at the Very Core of Your Business Agenda. iCPAR has Organized this Event to Offer You Exposure to Knowledge and Outstanding Networking Opportunities for Business Growth that Will Enable You to Uncover the Definitive and Practical Solutions. The Theme, Accountancy and Development is a timely reminder of the responsibilities borne by accountants as business partners and advisers. Thriving organizations rely on professional advice from accountants. The accountancy profession plays the role of strategic partner with government as a contributor to public policy development. More importantly, accountability, transparency and robust public financial management practice draws from the contribution of the accountancy profession. iCPAR has therefore organized this seminar to interrogate knowledge towards enhancing contribution to national development. This theme is therefore appropriate. _________________________________________________________________________________ The Markets will Reward those Ready to Polish their Skills and Flourish. Be good at what you do by attending this seminar and gain from the following topics,

THEME: ACCOUNTANCY AND DEVELOPMENT

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1. Impact of Public Accountability on Socio-Economic Development in East Africa Overview Public Accountability is an evergreen topic that receives high profiling in all public debates from time to time. The integration efforts among the East Africa Countries will provide surmountable ingredients for the respective residents to demand more in terms of Public Accountability. This session will seek to equip the players with sufficient emphasis and influence while linking Public Accountability to Economic Development. Public Accountability Public Financial Management Reforms Link Between Reforms and Economic Development

Vision: Achieve Unrivalled Regulatory Excellence and Become a Globally Recognised Professional Accountancy Institute. Membership: iCPAR is member of the Pan African Federation of Accountants (PAFA) We Collaborate with: CMA, BCR, OCCAR

Idea in Practice Many public sector departments today do not report the true position of their balances e.g. liabilities and receivables. These are recognized when cash changes hands. So the user of information will not know that the department owes 75% of total expected revenues because only the proportion that has been paid is reported. This is misleading information as basis for planning and decision making. When the Global economy went into free fall in 2008, it wasnt because those economies lacked sound macroeconomic fundamentals, it is because there was no transparency or reliable information to guide decision making. What is the state of affairs in your organization? Theme- Link Accountancy and development offers the first line of action to address these issues. We shall examine the role the accountancy profession will play in addressing this strategic challenges and thus development. _________________________________________________________________________________ 2. Leadership and Governance: Focus on Competitiveness and Sustainability Overview Leadership involves strategic decision making. Accountability and transparency is a key ingredient for successful leadership. At the centre of this, sustainability has become a key driver for long term growth. Effective leadership should be practiced at all levels of the organization to foster both shareholder value enhancement and business sustainability. This session will cover; Achieving Competitiveness Embracing Corporate Citizenship Managing Conflict of Interest- The Agency Problem Management of Corporate Strategic Risk Idea in Practice Good Governance has sometimes been taken for granted. The second largest supermarket chain in Kenya, Tuskeys faces an imminent crisis due to questionable leadership and governance practices. Of course, corporate scandals like Enron remind us that eventually, weak governance systems lead to decline or collapse. Rupert Murdochs News Corp empire faces a down grade in great Britain due to what has been referred to as a total failure of corporate governance. Effective leadership impacts sustainability. How does your organization guarantee superior productivity and long term sustainability through effective leadership and governance? Theme- Link The Accountancy profession has for a long time now been looked upon by the private and public sectors for corporate leadership solutions. The Accountancy profession is driven by principles for good governance for effective leadership. This session will outline how this can be applied in real business situation to drive the development agenda.

Vision: Achieve Unrivalled Regulatory Excellence and Become a Globally Recognised Professional Accountancy Institute. Membership: iCPAR is member of the Pan African Federation of Accountants (PAFA) We Collaborate with: CMA, BCR, OCCAR

________________________________________________________________________________ 3. Standards Updates: IPSAS, IFRSs, IFRS for SMEs, ISAs Overview Gaps in financial reporting and disclosure obligations continue to pose a challenge to the objective of producing reliable financial reports. The case for Rwanda is highlighted by the 2008 World Bank study on compliance with accounting and auditing standards. Financial reporting standards are dynamic and accountants must stay up-to date to meet business, market and investor expectations. The iCPAR Annual Seminar seeks to not only review the International Standards but also provide technical updates and guidance by imparting knowledge and skills to your staff. Idea in Practice The Companies Act in Rwanda requires application of International Accounting standards for financial reporting. The Accountants law requires use of IFRSs for private sector entities and IPSASs for public sector entities. ISAs are to be used for auditing. Numerous organizations are investing resources in compliance with these standards. What is the status of compliance by your organization? Are you aware of the latest developments? Do you have an in-house training program? How would you like iCPAR to assist? Theme- Link Compliance with these standards places businesses at a competitive level in terms of attracting international capital from investors. This is because compliance both enhances the confidence of investors relying on the information to assess opportunities but also makes it easy to arrive at the decision to invest as they are able to compare opportunities globally. The Accountancy profession plays a key role in fostering compliance with these standards thus contributes to development of the country and the region. _________________________________________________________________________________ 4. Infrastructure and Development in East Africa Overview East Africa has, in the recent past witnessed heightened activity and major capital investments in Infrastructure Development projects. This is expected to have far reaching impact on development and wealth creation. Investments in Energy, transportation, Telecommunication among others has seen the shifting focus by investors to Africa. This session will bring delegates up to speed with these developments and raise debate on alternatives for infrastructure development funding and investments. The following will be covered, Contribution of infrastructure to development Assessing direct benefits to citizensChinese increasing investment in East Africa Infrastructure projects- What are the risks and benefits? The role of professionals in infrastructure development

Idea in Practice A country stands a fair chance to fast track socio economic growth and development when it has a superior strategy for investing in modern and reliable infrastructure e.g. Roads; Railway lines; Energy production plants (Hydro electric, solar, wind energy and geothermal plants etc); Gas and Oil Pipelines; Port Development and ICT Infrastructure development. East Africa has witnessed a fair share of these developments. This will certainly have an impact on ease of doing business e.g. reduction in energy and transport costs. One way or the other, your organization will be impacted
Vision: Achieve Unrivalled Regulatory Excellence and Become a Globally Recognised Professional Accountancy Institute. Membership: iCPAR is member of the Pan African Federation of Accountants (PAFA) We Collaborate with: CMA, BCR, OCCAR

by these developments. How are you preparing to strategically benefit? What is your understanding of the benefits from these developments? Theme Link These projects require funding through various ways including Private Public Partnerships (PPPs). The Accountancy profession has the expertise to facilitate arrangement of such funding and provide strategic shepherding of the projects to logical conclusion. The session will not only assess the role and benefit of these investments but will also demonstrate the contribution of the accountancy profession to infrastructure development. ________________________________________________________________________________ 5. Strategic Risk Management Overview Contemporary success in business and corporate strategic decision is squarely based on the ability to combine art and science in effectively meeting the uncertain black swans of tomorrow through watertight risk anticipation and mitigation solutions. Leaders who fail to learn from and identify potential risks will be rendered unworthy by their organizations. The BSC framework provides a platform for this important element of growth and development. Organizations must therefore establish and implement enterprise-wide risk mitigation mechanisms. This session will cover, Identifying potential risks Risk management policy Strategic risk management- The BSC Perspective Case studies Idea in Practice Do you have a corporate risk strategy? In 2009, financial institutions found themselves in a situation of having to re-assess their risk management policies and strategies in the light of the global credit crisis. These changes occurred in institutions even close home in East Africa. At corporate strategy level, many organizations are known to spend heavily on consultancies to develop strategic plans but completely fail to execute the strategy. How has your organization addressed corporate strategic risk? More commonly, many entities seem not to have basic enterprise risk management systems. How do you rate you organization on strategic risk management? How does the BSC framework serve as a useful tool for corporate risk tracking? Theme Link The modern role of the Accountancy profession is that of business partner, adviser. Accountancy professionals today serve as the risk experts of tomorrow. The accountancy profession thus plays a key role in development by providing business advice that minimizes the odds of business failure. ________________________________________________________________________________ 6. The EAC Common Market Protocols and Tax Regimes: Integration Status Overview The EAC is implementing the common markets protocol that should result in economic integration. This is expected to stimulate trade in the region and create wealth in the EAC block. This session will assess the progress made so far and outline challenges that stand in the way of implementing the protocols. Idea in Practice Building common markets based on preferential tax treatment has shown to be a successful way to trade with the rest of the world by having a strong bargaining position as a common block. The
Vision: Achieve Unrivalled Regulatory Excellence and Become a Globally Recognised Professional Accountancy Institute. Membership: iCPAR is member of the Pan African Federation of Accountants (PAFA) We Collaborate with: CMA, BCR, OCCAR

EAC is moving in this direction and a review of best practice will be undertaken to shade light on way forward. Theme- Link The Accountancy profession provides the bulk of experts in tax and business advice. This session will articulate the role played by the accountancy profession in the implementation of the Common Protocol and Tax Regimes.

_____________________________________________ Who should attend? Public and Private Sector Practitioners/Employees Including: Accountants, Auditors, Risk Experts, Tax Consultants/Managers, HR Managers, Professionals in Academia (Universities), Management Staff, and Policy/Business Leaders from Rwanda, Burundi, Kenya, Uganda, Tanzania and beyond

_____________________________________________ Continuous Professional Development (CPD) Credit

Twenty (20) CPD hours

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Register Now!
Your Investment Rwf: 249,000 (USD: 445) for Members and Rwf: 272,000 (USD: 485) for non-members Per Delegate. The above seminar fees are inclusive of lunch/tea-breaks/valuable seminar materials & certificate (Excludes Travel and Accommodation). Cheques/cash is payable to ICPAR: Ecobank A/C: 110-04413101-72 Rwf and Bank of Kigali A/C : 00040-0335616-29 Rwf. Cash will not be accepted. Please present your deposit slip to iCPAR team to be issued with a receipt.

Bulk Booking Book and pay for 3 Delegates before Friday 15th June 2012 and get an additional fourth slot for free on Seminar Fees! The fourth Delegate will not pay Seminar Fees!!
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Accommodation
iCPAR has negotiated and made arrangements with Serena, Lake Kivu for their limited rooms and will reserve a room for delegates on first come first serve basis. The rooms go for USD:135, down from USD:175 normal rates.

Vision: Achieve Unrivalled Regulatory Excellence and Become a Globally Recognised Professional Accountancy Institute. Membership: iCPAR is member of the Pan African Federation of Accountants (PAFA) We Collaborate with: CMA, BCR, OCCAR

Hotels Below is the list of some of the Hotels and contacts for your use in case you prefer securing accommodation by yourself Hotel Serena, Lake Kivu E-mail Contact Jeanne KAYITESI, jkayitesi@serenahotels.com management@stipphotelrwanda.com, www.stipphotelrwanda.com gorillashotel@rwanda1.com john.ruke@yahoo.com, www.belvedere.rbo.rw hoteldianfossey@yahoo.fr, www.eibyiza.com motel.la.corniche@gmail.com Phone Contacts +250252541100/110, 0788200100 0788594405 0252540600/0788265722 Availability Rooms are limited. Contact iCPAR Secretariat Now! Available Available Available Available Available

Stipp Hotels Gorrilas Hotel Hotel Belvedere Dian Fossey Hotel La Corniche Motel

0788305511/0788517591 /0788539742/0785717819 0783463989

___________________________________________________________ Contact Us

For bookings and more information please contact Marie Chantal UMUTESI Box 3213 Kigali Rwanda; Tel; +250784103930 or by email info@icparwada.com OR Jackson Tel; +250784729695 (Technical Discussions); Website: www.icparwanda.com

Vision: Achieve Unrivalled Regulatory Excellence and Become a Globally Recognised Professional Accountancy Institute. Membership: iCPAR is member of the Pan African Federation of Accountants (PAFA) We Collaborate with: CMA, BCR, OCCAR

P.O. Box 3213 Kigali; Tel. +250784103930; 1st Floor, Prester Building, Kacyiru, Opposite Top Tower Hotel; Email: info@icparwanda.com www.icparwanda.com

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iCPAR ANNUAL SEMINAR REGISTRATION FORM

Your Investment: Rwf: 249,000 (USD: 445) for Members and Rwf: 272,000 (USD: 485) for non-members Per Delegate. The above seminar fees are inclusive of lunch/tea-breaks/valuable seminar materials & certificate (Excludes Travel and Accommodation). Cheques/cash is payable to ICPAR: Ecobank A/C: 110-04413101-72 Rwf and Bank of Kigali A/C : 00040-0335616-29 Rwf. Cash will not be accepted. Please present your deposit slip to iCPAR team to be issued with a receipt. CONTACTS: Mailing Address: Institute of Certified Public Accountants of Rwanda (ICPAR), P.O. Box 3213 Kigali Rwanda Contact Person: Chantal Tel; +250784103930; OR Jackson Tel; +250784729695 (Technical Discussions) Email: info@icparwanda.com Website: www.icparwanda.com

Full Name: Dr./Mr./Ms. _______________________________ Position: ___________________________ Full Name: Dr./Mr./Ms. _______________________________ Position: _________________________ Full Name: Dr./Mr./Ms. ________________________________ Position: _________________________ Full Name: Dr./Mr./Ms. ________________________________ Position: ________________________ Full Name: Dr./Mr./Ms. ________________________________ Position: ________________________ Company: __________________________________________________________________________ Address: ___________________________________________________________________________ Tel: _______________________________________ Fax: ___________________________________ Email: ____________________________________ Contact Person: ___________________________ Cancellations & Transfers: If you are unable to attend, a substitute candidate(s) is welcome at no extra charge. Please provide the name and position of the substitute delegate at least 2 days prior to the seminar. A full refund less 25% administrative charge will be made for cancellation received in writing 2 weeks prior to the seminar. A 50% refund will be given for cancellation received 1 week prior to the seminar. Regrettably, no refund can be made for cancellation 3 days before the seminar. If registration is confirmed, a 25% administrative charge will be incurred for non-attendance. The iCPAR reserves the right to change speakers/or modify the programme content without prior notice.

Vision: Achieve Unrivalled Regulatory Excellence and Become a Globally Recognised Professional Accountancy Institute. Membership: iCPAR is member of the Pan African Federation of Accountants (PAFA) We Collaborate with: CMA, BCR, OCCAR