Liberian Institute of Certified Public Accountants

Liberian Institute of Certified Public Accountants
AbbreviationLICPA
Official language
English

The Liberian Institute of Certified Public Accountants (LICPA) is a professional association of accountants in Liberia.

LICPA is a member body of the International Federation of Accountants (IFAC). The Institute was established by an Act of the Liberian Legislature. In 2011 a revised version of the act was going through legislative review. Assuming the act is passed, Liberia will adopt the International Financial Reporting Standards.

Liberians with bachelor's degrees in Accounting are allowed to sit for examinations to become Certified Accountants. In May 2011 fourteen candidates from LICPA sat an international accounting exam at Cuttington University in Congo Town. Successful students would be eligible for admission as professional members of the Institute of Chartered Accountants of Ghana (ICAG). Later that month a workshop was organized by the World Bank, the Liberian Ministry of Finance and the LICPA to underline improvement in LICPA standards.

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