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USAID CIPA - Central Asia-Almaty, Kazakhstan

Almaty, Kazakhstan

The USAID Accounting/Certified International Professional Accountant Project was a follow-on to the accounting reform activities that the Pragma Corporation undertook under its USAID-funded Enterprise Development Project (EDP). The project covered five countries of Central Asia: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The goal of the two-year ACIPA project was to strengthen local institutions in their capacity to advance the accounting profession and support the transition to a full market economy well-after USAID phases out its assistance in this sector.  These institutions included Higher Educational Institutions (HEIs) and their incorporation of modern accounting curricula, Country Offices of the CIPA Examination Network, the regional Eurasian Council of Certified Accountants and Auditors and its country-level member accounting associations whom together form the institutional structure to educate and advocate for professional accounting practices and standards in the region.

The objectives of the project included: 1) assisting CIPA-EN to establish its operations as a programmatically independent and financially sustainable entity; 2) assisting CIPA-EN to put in place policies and procedures which would serve as a roadmap to achieving ISO 9001-2000 certification; 3) assisting the professional accountancy associations to achieve financial sustainability and to fulfill their leadership roles within the sector, including advocacy for Tajikistan, Uzbekistan, and Turkmenistan to fully adopt International Financial Reporting Standard; 4) assisting CIPA local training providers to strengthen and broaden their training networks across the countries; 5) increasing awareness of the CIPA certification among industry and governments; 6) pursuing incorporation of the CAP/CIPA program into HEI curricula.

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