FREQUENTLY ASKED QUESTIONS (FAQS) ON ICPAR MEMBERSHIP




What are ICPAR Membership categories?

The Institute membership is composed of the following categories:

–      Certified Public Accountant, CPA (R)

–      Certified Accounting Technician, CAT (R)


You are only entitled to the CPA or CAT (R) designation after registering with the institute; Violation of this provision will lead to prosecution under the penal code as per article 79 of the accountants’ Law.


Payment of the annual subscription fees which are due by 01 January each year and submission of a CPD declaration with at least 20 structured hours and 20 unstructured hours.


In accordance with article 58 of ICPAR Law no. 11/2008, a person applying to become a member of the Institute of Certified Public Accountant of Rwanda, shall fulfil at least one of the following requirements:

(1) Being a holder of a Certified Public Accountant (CPA) professional qualification issued by ICPAR; or

(2) Being a holder of a professional qualification of a certified public accountant or chartered accountant issued by a Professional Accountancy Organization (PAO) in another country which has a full IFAC membership.


§  Application Letter addressed to the President of the Institute

§  Copies of Degree(s) and Transcripts

§  A copy of professional qualification Certificates – (CPA, CA, ACCA etc.).

§  You must demonstrate at least 2 years of practical experience

§  Updated CV

§  A recommendation letter from a CPA-R or an employer

§  Attestation of not having been convicted by any court

§  A passport photo

§  Payment of building fees of Rwf.300,000

§  Membership Application fees of Rwf.150,000

Note:

The Payment of Building fees and membership application fees are paid to Commercial Bank of Africa (CBA) on account No: 2004161170000019 or to the Bank of Kigali (BK) on account No: 00040-00335616-29. You can also pay using MTN Mobile Money by dialing *182*8*1*009201#.


Membership applications are submitted online via the link below:

https://www.icparwanda.com/members/applicationform/apply-membership.html

 

1.      What are the criteria to become a CAT (R) Member?

In accordance with article 58 of ICPAR Law no. 11/2008, a person applying to become a member under the CAT category, shall fulfill at least one of the following requirements:

(1) Being a holder of a Certified Accounting Technician (CAT) certificate awarded by the Institute.

(2) Being a holder of a certified accounting technician certificate awarded by a body of professional accountants outside Rwanda which is a full member of IFAC.


§  Application Letter addressed to the President of the Institute

§  Copies of Degree(s) and Transcripts

§  A copy of professional qualification Certificate – (CAT, AT, etc.).

§  You must demonstrate at least 1 year of practical experience

§  Updated CV

§  A recommendation letter from a CAT(R) or an employer

§  Attestation of not having been convicted by any court

§  A passport photo

§  Payment of building fees of Rwf.300,000

§  Membership Application fees of Rwf.40,000

Note:
The Payment of Building fees and membership application fees are paid to Commercial Bank of Africa (CBA) on account No: 2004161170000019 or to the Bank of Kigali (BK) on account No: 00040-00335616-29. You can pay using MTN Mobile Money by dialing *182*8*1*009201#.


Membership applications are submitted online via the link below:

https://www.icparwanda.com/members/applicationform/apply-membership.html


All membership applications are approved by the Governing Council within a period of 1-2 months.


After your membership application is approved, the Secretariat communicates to the applicant and shares with him/her a membership certificate. The approved members are also published in the Official gazette, on the ICPAR website, and in the widely read Rwanda newspapers


Any applicant for a Practicing license must be a member in good standing and should meet all the requirements of Article 68 of the ICPAR Law.

Any member who wishes to engage in public practice of accountancy shall apply to the President of the Institute to be so licensed. The application shall be supported by the following information:

1. Certificate of membership;
2. Evidence that the applicant is resident in Rwanda;
3. Evidence that the applicant has paid the prescribed fees;
4. Evidence of prior practical experience of at least two (2) years in a position of responsibility to manage audits or accounting assignments. He or she must also have a recommendation delivered by a Certified Public Accountant who confirms having supervised him or her and convinced of his or her proven experience and competence in independent auditing. However, requirements provided for in this point are not applicable to a member already involved in the practice of accountancy or independent auditing;
5. Evidence that the applicant has been registered as a tax payer.


Within thirty (30) days, the Governing Council of the Institute shall, in the prescribed form, license the applicant who satisfies the requirements. The license so issued shall be subject to renewal annually in accordance with the rules of the Institute.


The deadline for receiving renewal forms for ICPAR practice certificates is 1st December of each year and Practice certificates for the following year shall be issued by 15th of December of the preceding year.


No, all practicing license applicants should apply through a practicing firm name


A practicing firm’s name must not include any name other that any of the following:

• The names of existing partner or partners

• The names of former partner or partners

• The names of the existing or former partners of a firm with which a member (s) becomes associated

·         Abbreviations of the names of the existing or former partner or partners

• Any other name that may be approved by the Governing Council


Fees are approved by the Governing Council (GC)  of the Institute.

Current rates are:

Individual – Rwf 200,000

Small Firms (SF) – Rwf 500,000

Medium Firms (MF) – Rwf. 1,000,000

Large Firms (LF) – 2,000,000


For further information or clarification required, please email us at: managers_pds@icparwanda.com or call us on +250 788997749 or +250 788302441.