Chattered Accountants to promote nation building, transparency


Institute of Chartered Accountants of Nigeria, ICAN

The Institute of Chartered Accountants of Nigeria ICAN, has been urged to contribute towards making the country one of the most leading economies in the World.

 The Head of the Civil Service of Nigeria, Mrs. Winifred Oyo-Ita said that Chartered Accountants will be labelled better managers and result oriented if given leadership opportunity in both the private and public sectors in Nigeria” at the Celebration of the 15th Institute of Chartered Accountants of Nigeria, ICAN, Political Ambassadors, in Abuja, Nigeria’s capital.

She said that the more involved chartered accountants are in governance, the more corrupt-free the society will be.

Mrs Oyo-Ita  said that “ICAN members are better managers of the economy; they have what it takes to add value. The accountant has a big task especially now that the war against corruption is being intensified by the government.”

The Head of the civil Service also commended the institute for being good ambassadors of the nation, urging them to keep the ball rolling in line with President Muhammadu Buhari’s change agenda.

Seventeen ICAN members were honoured by the Institute as political ambassadors from across the country including five state Governors, one deputy Governor, the Head of the Civil Service of the Federation, three Senators, five members of the Federal House of Representatives and two Ministers.

The Chairman, ICAN Inter-governmental relations Committee, Abuja, Ada Chiduime-Okoro, said that the ceremony was carefully planned to coincide with the commencement of this year’s Annual Accountant Conference, which kicks off same day.

The 52nd President of ICAN, Mr Titus Soetan, said that “as part of efforts to fight corruption, the Institute recently created fifty million naira Whistle-blowers’ Protection Fund, to ensure high moral, financial, ethical and legal standards by members in the discharge of their duties”.

Mr Soetan also said that “the aim of the Fund is to protect ICAN members and the public from any form of reprisal or victimization when an alarm is raised on financial impropriety by public or private establishment, individuals or groups within the country”.

He added that “the Fund will also assist whistle-blowers with litigation expenses reasonably incurred and to assist members of the Institute in discharging their professional duties without fear of being victimized”.

The ICAN President further said that “the Institute will continue to engage the three tiers of government to employ the services of Chartered Accountants into various executive and political positions at both states and Federal levels such as Chairman of Federal and State Inland Revenue Services, Auditor-General, Accountant-General, Ministers, Commissioners of Finance and other suitable positions”.