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{
    "id": 196765,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/196765/?format=api",
    "text_counter": 183,
    "type": "speech",
    "speaker_name": "Mr. Mwaura",
    "speaker_title": "",
    "speaker": {
        "id": 106,
        "legal_name": "David Njuguna Kiburi Mwaura",
        "slug": "david-mwaura"
    },
    "content": "Madam Temporary Deputy Speaker, as I note with a lot of joy the presentation of this Bill by the Minister, I would like to probably limit my contribution to two observations. I note that our country has been a hub, or granary, for supplying very qualified accountants to the rest of the world, and in particular to the African continent. To maintain this trend, spirit, and a very worthy contribution, it is important that we continue to supply corrupt-free, qualified and very disciplined professionals. This Bill, therefore, comes at a very critical time and points further to this direction. We note that there are certain areas where qualified accountants have already contributed 458 PARLIAMENTARY DEBATES April 15, 2008 immensely to the growth and stability of firms. For instance, in the East African Breweries Limited, Safaricom Limited, the British American Tobacco (BAT) and Kenya Airways the procedures of keeping accounts have been up to date and credible. We also recognise the role of accountants in our dairy societies, which have become very successful. Some of the societies have started milk processing firms. This is as a result of the contribution made by the very qualified accountants. We have also seen other areas where accountants have not been able to maintain integrity, confidentiality and even the exhibit talents needed to maintain some of these institutions. We also note the case of a firm like Francis Thuo and Partners. This was a pioneer firm in stock brokerage in this land. After the death of Mr. Thuo, some people took advantage of the firm without the knowledge of some people who were supposed to be running it. The firm eventually collapsed, causing a lot of agony to the shareholders. Madam Temporary Deputy Speaker, it is therefore important that this Bill is passed in this House, so that we continue to maintain our edge in the supply of very qualified accountants. It is being reported in certain circles that accountants from this region who have been given opportunities to serve in the World Bank and the International Monetary Fund (IMF) have been of great help, and so have promoted the image of this nation. Madam Temporary Deputy Speaker, if we continue to have well qualified accountants, this will help improve and promote performance in our constituencies and in all sectors. If we have credible and disciplined accounting managers in all our sectors, then the economy of this nation will improve greatly. I beg to support this very timely Bill."
}