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USAID-Supported Accounting Program Gains Momentum in Kazakhstan
The availability of trained accountants is essential for Kazakhstan’s conversion to international financial reporting standards, which are key to trade and investment growth in the region. In November 2005, nearly 3,400 Kazakhstanis took exams in 13 cities across Kazakhstan as part of the Certified Accounting Practitioner (CAP) program. This is the largest number of examinees since the program’s inception, despite a recent 15% increase in exam fees (to $25) as the program seeks to achieve financial sustainability.
The USAID Enterprise Development Project, implemented by Pragma Corporation, has been supporting the introduction of international-level accounting training and examination in Kazakhstan and the region since 2001.
The USAID project developed training materials, helped build local training capacity, and is introducing the CAP courses into university curricula. Initially provided by the USAID project, CAP courses are currently offered by 34 local organizations in Kazakhstan; this is the largest number of local training providers in any single country within the former Soviet Union.
Prior to the November exam, Kazakhstan was home to nearly 2,000 of the 3,500 Certified Accounting Practitioners in Central Asia.
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Nearly 3,400 Kazakhstanis took the CAP test, which has been administered in 13 cities to date
Photo Credit: Enterprise Development Project |
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