Minister of Labour Ken Kandodo has challenged the Institute of Chartered Accountants in Malawi (Icam) to extend their expertise and professionalism to government and other institutions to enhance prudent use of money.
The minister said this on Friday in Blantyre when he officially opened the K1.1 billion Icam House located at Ginnery Corner along Masauko Chipembere Highway.
He said as a professional accountants body, Icam’s focus should go beyond membership, training students and regulating the profession.
mayor Joseph Makwinja (R), Singo (L) and Kachingwe
“Icam has an obligation to help government to make sure that the financial reporting within the government set-up is done by people that are qualified and are credible,” said Kandodo.
On her part, Icam president Phyles Kachingwe admitted that accountants have not been forthcoming lately in terms of the support they can offer to government.
“All we have been interested in is to have members register with us. But we are going to come up with a programme on how best we can assist government,” she said.
The Icam House project, according to project committee chairperson Hilda Singo, is in three phases, with the first being the three-floor building housing the secretariat.
The second and third phases will be office buildings to be rented out.
