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{
    "id": 846790,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/846790/?format=api",
    "text_counter": 317,
    "type": "speech",
    "speaker_name": "Molo, JP",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": {
        "id": 13435,
        "legal_name": "Francis Kuria Kimani",
        "slug": "francis-kuria-kimani"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker, for this chance. I wish to make my contributions on the Finance Bill and note that we thank Members for realising that the Departmental Committee on Finance and National Planning, in which I serve as a Member, did a good job in deliberating this. I start with Clause 69, which talks about accountants. For this, I will relate it with the recent fight by the President against corruption where all State officers, especially people in finance, accounts and procurement, were sent on compulsory leave waiting for lifestyle audits. Auditing some of these officers, you will realise that most of them are not even qualified accountants. This piece of legislation hopes to ensure that for one to operate as an accountant, you need to be registered. This amendment also takes care of students who are taking CPA exams. By the time most people in the accounting profession are going to seek for employment, they are required to have ten years of good standing with the institute of Certified Public Accountants (CPA), which is not possible to have by the time they are clearing CPA. This piece of legislation recognises a group of people we are calling trainee accountants. But one should make sure that once they register themselves to sit for accounting exams, they become members of the institute and they end up gaining both experience and qualification in accounting."
}