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WB Official Urges LICPA To Relax Local Market Restrictions

31 July 2015, 7:27 pm Written by  Calvin Brooks, LINA
Published in LINA Bulletin
Read 652 times

MONROVIA, July 31 (LINA) - World Bank Country Manager Inguana Dobraja has called on the Liberia Institute of Certified Public Accountants (LICPA) to consider relaxing restrictions on the local market for greater participation by international firms.

According to Dobraja, this will support and enhance knowledge transfer and help develop members of the profession in Liberia to meet international standards.
Speaking at the induction ceremony of the new corps of officers of LICPA held at the Monrovia City Hall Thursday, Dobraja said there is more room to train qualified accountants for Liberia and that LICPA should prepare its members for healthy competition at both local and international levels.
She stressed the need to provide the skills required to support the private sector in fulfilling its expectations under Liberia’s Agenda for Transformation, noting that there is an urgent need to train qualified women accountants in the country.  
The World Bank official assured the Liberian Government and LICPA that the bank remains fully committed to working towards the development of the accounting profession and practice in Liberia.
She observed that LICPA’s activities have expanded beyond Liberia, noting that LICPA was presiding over the Accounting Bodies of West Africa (ABWA) and representing it in the International Federation of Accounting as well as representing West Africa on the board of the Pan African Federation of Accounts (PAFA).
 
Those inducted are Arthur W.B Fumbah, president; Paul C. Collins, vice president; and Taweh J.  Veikai, Council Member, among others.
LINA CB/TSS/PTK

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