Find Accountancy, Audit and Tax expertise in Uganda

Overview

Many of the large companies and banks in Uganda are audited by large international accounting firm networks. The ‘Big Four’ accountancy firms – Ernst and Young, PWC, KPMG and Deloitte – are all present in the country. Local accounting firms mainly audit the small and medium-sized enterprises. Adoption of the International Financial Reporting Standards (IFRS) in Uganda is progressing with all companies required to prepare their financial statements in accordance with the guidelines. In addition, the Financial Institutions Act (2004) means that all financial institutions must use IFRS in the preparation of their financial statements. According to the World Economic Forum Global Competitiveness Report (2012-13) Uganda scores 4.1 out of 7 for strength of auditing and financial regulation, slightly below the world mean of 4.6. In the World Bank Ease of Doing Business Index (2011), when it comes to resolving insolvency Uganda comes in 63rd position out of 183 countries, above neighbour Kenya in 92nd place. 

Accountancy, Audit and Tax organisations in Uganda
Edes & Associates
Ernst & Young
Institute of Certified Public Accountants, The
KESCE
PIM & Co.
PKF - Uganda