PwC Cyprus trainees receive top prizes

PricewaterhouseCoopers honoured their trainee accountants who achieved three out of the six worldwide first prizes in the exams of the Institute of Chartered Accountants in England and Wales (ICAEW) in a special ceremony at the Hilton Hotel last Thursday.
The prize-winning trainee accountants were Vasso Kakota (first place and the Watts Prize in the Audit and Assurance paper), Elena Kanna (first place and the Little Prize in the Taxation paper) and Denis Gulyarenko (first place and the Spicer & Pegler Prize for his performance in the Financial Accounting paper).
Present at the ceremony were Finance Minister Charilaos Stavrakis, the Counsellor of the Russian Embassy Victor Morozov, the Chief Executive Officer of the ICAEW Michael Izza, the President of the Institute of Certified Public Accountants of Cyprus Nicos Syrimis, representatives of the students’ universities, the president of the Council of the University of Nicosia Dr Nicos Peristianis, instructors from Intercollege and PwC Academy as well as responsible partners and their coaches form PwC.
Dinos Papadopoulos, the Deputy Managing Partner of PwC Cyprus said that in 1993 Cyprus was the first market outside the UK to offer the ACA qualification from ICAEW. In addition, PwC was the first organisation in Cyprus which was given authorisation from ICAEW to train chartered accountants. Today, PwC has more than 1,000 qualified members and more than 210 trainee accountants, 182 from Cyprus, 17 from Russia and eight from other countries. Since 1993 more than 350 qualified accountants trained in PwC. Eleven PwC members excelled in the ICAEW examinations winning first places in various subjects.