Reform in Lao CPA qualification and training students
LCPAA adopts ACCA syllabus, which is fully in line with International Education Standards, to be used as Lao CPA qualification, after 5 years of CPA program suspension for improvement.
In July 2016, the new CPA training program has started with first 3 papers namely ‘Accountant in business’, ‘Foundations in management accounting’ and ‘Foundations of financial accounting’.
The materials used are in English, but the trainings are conducted in Lao language by 5 experienced instructors on a voluntary basis. More than 200 students participate in this training course.
In July 2016, the new CPA training program has started with first 3 papers namely ‘Accountant in business’, ‘Foundations in management accounting’ and ‘Foundations of financial accounting’.
The materials used are in English, but the trainings are conducted in Lao language by 5 experienced instructors on a voluntary basis. More than 200 students participate in this training course.
The LCPAA qualification explained
The L a o C P A Qualification is designed to provide the accounting knowledge, skills and professional values which will deliver finance professionals who are capable of building successful careers across all sectors and making a valuable contribution to your organisation, whether you are in the public or private sectors or in practice.
Accountancy is a dynamic profession. Both the needs of employers and the regulatory landscape are constantly evolving. Through regular reviews of its qualification, LCPAA develops its position as international provider of qualifications for the development of accountants and finance professionals.
In order to qualify as an Lao CPA any individual registering on the Lao CP A Qualification is required to complete:
- 14 exams (nine of which are eligible for exemption)
- Relevant practical experience, with a minimum of three years
- complete Professional Ethics module.
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Why choose to study Lao CPA?
Lao CPA is the only one that is eligible to practice as chief accountants of public interest entities and large-sized entities (according to the article 58 of the accounting law) and is allowed to establish his/her accounting or audit firm. If you have foreign CPA, you should also become a Lao CPA to be able to practice in Lao PDR. with the new Lao CPA qualification in line with International Education Standards, a Lao CPA who passed through this process would be recognized in the region
How can I study Lao CPA?
To study you must apply to CPA training program that the LCPAA office would announce periodically to the public. Then you would need to pass an admission test.