President Yoweri Museveni is expected to preside over the opening of the meeting May 2 of the International Federation of Accountants (IFCA) at Speke Resort Munyonyo tomorrow.

Speaking to journalists ahead of the meeting on April 30 in Kampala, Rachel Grimes, the president of the International Federation of Accountants (IFCA) said the meeting will serve as an opportunity to participants to share current challenges and opportunities regarding standards, ethics, technology and suggest possible solutions.

Participants will include among others chief executives and business leaders, accounting and finance professionals, tax experts, investment experts, consultants, policy and standards’ setters and representatives of professional accountancy organisations. Delegates come from Africa, Europe, Asia and America. The theme of the meeting is; accountancy and accountability: transforming Africa’s Economies.

Over 1000 participants from around the world will converge in Uganda May 2-5 to discuss matters accounting and finance.

The meeting is organised by the Institute of Certified Public Accountants of Uganda (ICPAU) and the Pan African Federation of Accountants (PAFA).

The meeting will also provide an opportunity of boosting international trade, tourism, trade in services and partnerships, officials said. The previous meeting was held in Mauritius (2015), Ghana (2013) and Kenya (2011).