During 1990s when the accounting profession was taking shape in Uganda and there was a steady recovery of the economy, the profession regulation and economy recovery created demand for professional solutions to complex business challenges. In august 1993, CPA Peter Rutaremara a Rwandan refugee living in Kampala Uganda and CPA Mathias Tumwesigye a Ugandan National established an accounting firm under the name RUMA Certified Public Accountants. The acronym “RUMA” stands for initials of the founders’ names RU (Rutaremara) and MA (Mathias).
After 1994 Rwanda Genocide, CPA Peter Rutaremara returned to his home country and registered RUMA CPA on 31st October 1996 under Rwanda jurisdiction. RUMA CPA retained its vision and core values despite the Rwanda and Uganda firms being independent firms from each other. RUMA CPA is now among the leading indigenous Consultancy and accounting firms in Rwanda and its managing Partner, CPA Peter Rutaremara was elected the first President of the Institute of Certified Public accountants of Rwanda (ICPAR) on 7th February 2009 to spearhead the practice and grow the profession in Rwanda. Though independent firms, the two firms – RUMA CPA in Rwanda and RUMA & Associates in Uganda have maintained their relationships in terms of sharing knowledge and staff as and when need arises.
J.H Kakooza and Co and Kandole & Associates were established 1974 and 2006 by CPA Joseph H Kakooza and CPA Patrick B Kandole respectively. Likewise J.H Kakooza and Co, Kandole & Associates and RUMA & Associates all based in Uganda have been sharing knowledge and staff and performing peer reviews as and when necessary for over five years until the three firms decided to merge in July 2012 under the name RUMA & KAKA Certified Public accountants. Again although the new firm is independent of RUMA CPA in Rwanda the two firms still have and continue to have some linkage when it comes to sharing of knowledge, skills, staff and technical expertise when the need arises. Our clients are mainly large and middle sized entities from all sectors of the economy including public, private and non-profit making organisations.
Our experience in Rwanda and Uganda and a wide range of expertise has contributed to successfully delivery to our clients. We always keep up to our clients expectations solving their problems in the most confidential fast and cost friendly manner with the help of our partners and staff complement of more than auditors, consultants, trainers and financial reporting experts.