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IEOI Advert – CA Project Management Consultancy (002)

IEOI Advert - CA Project Management Consultancy (002)

TERMS OF REFERENCE

 

PROJECT MANAGEMENT CONSULTANCY FOR THE LAUNCH OF CHARTERED ACCOUNTANT (CA) ZAMBIA PROFESSIONAL QUALIFICATION

 

  1. Background

 

The Government of the Republic of Zambia developed the PFM Reform Strategy covering the period 2013 to 2015. To implement the Strategy, Government developed the Public Financial Management Reform Program (PFMRP) Project covering the period 2014 to 2017. The Cooperating Partners, who include the Department for International Development (DFID) of United Kingdom, KFW of the Federal Republic of German and the Government of Finland committed US$ 31.6 million equivalent to support the program. The funding is managed by the World Bank as the administrator of the Multi Donor Trust Fund (MDTF) and is being utilized to fund a number of PFM components implemented by a number of institutions since 2015. The Zambia Institute of Chartered Accountants (ZiCA) is responsible for implementing initiatives on the accountancy qualification that will result in development of more capacity required to accelerate contribution in improving transparency and accountability in the public sector.

 

The Zambia Institute of Chartered Accountants (ZiCA) is a Professional Accountancy Organisation (PAO) established under the Accountants Act of 1982 and as repealed by the Accountants Act of 2008.  ZiCA is a self-regulated membership body with a mandate to regulate the practice and training of Accountants in Zambia.

 

ZiCA introduced a local accountancy qualification in 2007 which comprised Technician, Licentiate and Professional programmes.   As part of the Education and Training Policy, the Institute undertook a review of the ZICA Accountancy qualification in January 2015 by benchmarking it against international comparatorsArising from the review, the resultant qualification was rebranded into CA Zambia and Diploma in Accounting qualifications and the respective syllabi were formulated and approved by the ZiCA governance structures in December 2015.

 

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