Accountants Urged to Innovate, Embrace Technology at 30th ICPAU Annual Seminar  

Entebbe — The 30th Annual Seminar of the Institute of Certified Public Accountants of Uganda (ICPAU) delivered a powerful call to action for Uganda’s accounting professionals, challenging accountants to embrace innovation, technology, and visionary leadership to drive national transformation.

Delivering the keynote address, Dr. Peter Kimbowa, a Global Leadership Catalyst, AI Prompt Engineer, Founder and Board Chair of CEO Summit, urged participants to break out of their comfort zones and take bold steps toward growth and relevance in a rapidly changing world.

“Growth and comfort do not coexist,” Dr. Kimbowa declared. “At 30, leaders like Jesus, David, and Paul began their missions. At 30, we must challenge assumptions, embrace responsibility, and shape the future of our professions and organisations.”

He emphasised that today’s accountants must go beyond the traditional role of number-crunching to become innovators, researchers, and leaders shaping Uganda’s economic trajectory.

“Look at your numbers, see beyond them, and redefine what’s possible,” he challenged. “The future demands vision, courage, and creativity. Your next opportunity starts now.”

Dr. Kimbowa highlighted four key pillars for the future: Growth vs Comfort: Comfort zones limit potential; boldness drives transformation. Innovation: Accountants must lead research, create impact, and champion change. Collaboration & Technology: Partnerships, women in leadership, and digital tools unlock opportunities. Visionary Thinking: Future-ready professionals challenge assumptions and turn challenges into opportunities.

“Accountants today are not just number-crunchers,” he stressed. “They are impact architects shaping Uganda’s growth. The future belongs to those who dare to innovate and create impact.”

Representing the Speaker of Parliament, Hon. CPA Faith Nakut Loru, who represents Napak district, commended ICPAU for three decades of professional growth and emphasised the critical role accountants play in national development.

“Positioning professionals for sustainable impact means creating solutions that endure for generations,” she said. “Sustainability is not just reporting; it is actionable outcomes that transform organisations, communities, and Uganda’s economy.”

Nakut urged accountants to embrace technology, innovation, and strategic thinking to keep pace with the world’s accelerating changes.

“The problem is not the Institute; the problem is our willingness to step out, take risks, and apply what we learn,” she remarked. “Our economy grows when each of us contributes meaningfully — through innovation, entrepreneurship, and value creation.”

She called on accountants to go beyond routine tasks, develop practical skills in leadership, resource mobilisation, and organisational strategy, and leverage technology to strengthen Uganda’s economy.

“The pace of change is accelerating — ICT, AI, and digital transformation are reshaping industries,” Nakut said. “Accountants must rethink their approaches, lead with vision, and deliver solutions that position Uganda for long-term growth.”

The 30th ICPAU Annual Seminar, themed Positioning Professionals for Sustainable Impact, continues with sessions on sustainability reporting, professional ethics, digital transformation, and regional collaboration, drawing hundreds of accounting professionals from across East Africa.