Icam gets K6 million boost

Mpico and Graham Carrhave each donated K3 million to the Institute of Chartered Accountants in Malawi (Icam). The money is to go towards preparations of Icam Annual General Meeting scheduled to take place next month in Mangochi.

Receiving the donation, Icam Chief Executive Officer, Francis Gondwe, said there is need to enhance technological innovations in the accounting field to match global standards.

“This is the reason why the institute decided to focus on technology, innovation and influence as the theme of the conference.

“Without technology, businesses cannot move forward. We have decided to engage people that are ahead in technology to come and talk to us. We have also identified business persons that have been successful so that our members can learn from them,” Gondwe said.

Graham Carr Deputy Managing Partner, Cornwell Banda, said the essence of improving accounting systems cannot be overemphasized.

“We are all promoting professionalism in the accountancy field and we decided to partner with Icam to promote good governance and professional integrity.

We cannot run away from technological innovations, though we may be lagging behind but we must be aware of the global trends,” Banda said.

Mpico Operations Manager, Elliot Jambo, said there is a symbiotic relation between the accounting profession and Mpico as property managers hence their eagerness to contribute when they were approached.

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