Botho University, LIA ink deal

Botho University, LIA ink deal

MASERU – BOTHO University and Lesotho Institute of Accountants (LIA) have signed a memorandum of understanding to offer professional accountancy courses under the Lesotho Professional Accountancy Programme (LePAP).
LePAP is a programme designed to assist people who want to become professional Chartered Accountants and runs for a duration of four years.
Under the partnership officially sealed on Tuesday, Botho University will provide tuition for LePAP while the LIA will be responsible for the management of the programme.
The partnership will ensure quality provision of LePAP and increase the number of competent accountants in Lesotho.

Speaking at the signing ceremony, the LIA CEO Monyaola Mosoane said the LIA made a proposal to join hands with Botho University. Mosoane expressed gratitude to the university for accepting the request. “We thank the Ministry of Finance for funding, the European Union in helping us implement the programme and the National Manpower Development Secretariat for providing sponsorship for this programme,” Mosoane said.

Mosoane said the programme is internationally accredited, enabling students to further their studies in other countries.
Speaking at the event, LIA President Robert Likhang said LePAP will prepare academics for both the private sector and the public sector.
He said the programme is tailored to meet international standards and came at the recommendation of the World Bank.
He said collaboration with Botho University was important in building a strong and credible foundation.

“Botho University was established by accountants and it is very important to partner with people who understand the programme,” Likhang said.
He said apart from their partnership with Botho University, they are now also negotiating with other institutions.
“We started the negotiations with the National University of Lesotho to provide professional accounting programme. South Africa Institute of Chartered Accountants also showed interest and we will meet with them this month,” he said.

Providing a brief background of Botho University – Dean and head of Campus – Dr Abhishek Ranjan said the university campus in Lesotho was established in 2015.
He however said the university started in Botswana in 1997 and this year a new branch will be opened in Namibia.
“In Botswana, Botho University is considered as a leading institute for the accounting programme,” Dr Ranjan said.
He said for the past three years, Botho University Lesotho has managed to archive “great success”.

He said among milestones, the university managed to partner with LIA, won an award from Southern African Development Community (SADC) entitled SADC Quality Award for Medium Enterprises and also got a Best Service Award from the Ministry of Trade and Industry for two consecutive years in 2016 and 2017.
LIA vice president Mr. S. Selepe said Botho University broke new ground by offering the LePAP programme.

He said Botho University’s efforts made the programme a “hybrid accountancy qualification stream which addresses soft skills challenge normally raised as drawback attributable to accountants in practise”. “We thank CHE for guiding us towards accreditation of the programme, which is a requirement for all new programmes, to ensure quality,” Selepe said.

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