The Institute of Chartered Accountants of Nigeria (ICAN) has announced its readiness to participate in the 2nd African Congress of Accountants (ACOA) in Ghana in May. The President of the Institute, Mr. Doyin Owolabi, is expected to lead a delegation of not less than five hundred Chartered Accountants to the Congress organized by the Pan African Federation of Accountants (PAFA) and hosted by the Institute of Chartered Accountants of Ghana (ICAG) in collaboration with (ICAN) holding Accra International Conference Centre, Accra, Ghana. The Congress, whose theme is Economic Growth, Accountability and Democracy in Africa, will explore issues related to key areas that directly and indirectly affect the role of accountants in economic growth, accountability and democracy through seminars, workshops and exhibitions. In addition to the theme of the conference, advanced topics and issues affecting today’s dynamic business landscape such as the implications of IFRS implementation, strengthening markets and financial institutions in Africa, educating the accounting profession on the continent, promoting SMP growth, and building SMP capacity will be discussed. Participants expected to attend the conference include accountants, business and finance leaders, corporate and financial planners, investors, entrepreneurs, policy and standard setters, and key government officials. The conference will also feature other attractions such as tours of some of the region’s notable landmarks and trade shows. ICAN, established by Act of Parliament number 15 of 1965, is a founding member of the PAFA Institute and a former president of the Institute, Major General Sebastian Owuama (rtd.), became the first president of PAFA. Apart from this, ICAN has a permanent seat on the PAFA Board and recently mentored the Association of National Accountants of Nigeria (ANAN) to become a member of PAFA. The Institute is empowered to set standards of knowledge and skills to be attained by those seeking to become members of the accounting profession. The Institute, which is a founding member of the International Federation of Accountants (IFAC), has over 30,000 members and over 120,000 students on its books and conducts examinations twice a year. Its vision is to be a leading global professional body while its mission is to educate world-class chartered accountants, regulate and continuously improve their ethical standards and technical skills in the public interest.
Leave a Reply