The 48th President of The Institute of Chartered Accountants of Nigeria (ICAN), Mr. Doyin Owolabi, will lead a delegation of not less than five hundred Chartered Accountants to the 2nd African Congress of Accountants (ACOA) in Ghana in May. The congress being organized Pan-African Federation of Accountants (PAFA) and hosted by The Institute of Chartered Accountants, Ghana (ICAG) in collaboration with (ICAN) has been scheduled to take place between Monday, May 13 and Friday, May 17, 2013 at Accra International Conference Centre, Accra, Ghana.
The Congress whose theme is Africa’s Economic Growth, Accountability and Democracy, will explore issues related to key areas that directly and indirectly affect the Accountants’ role in Economic Growth, Accountability and Democracy through seminars, workshop and exhibitions.
Apart from the theme of the congress, advanced topics and issues affecting today’s dynamic business landscape such as The Implications of implementing IFRS, Strengthening Financial Markets and Institutions in Africa, Shaping the Accounting Profession on the continent, Promoting the Growth of SMPs, Building Capacity of SMPs etc, will be discussed.
Four representatives of ICAN, which is the platinum sponsor of the congress, will be presenting papers on different topics. They are: Mr. Mobolaji Balogun, an Economist and Chief Executive Officer, Chapel Hill Denham Group, a leading independent investment bank in Nigeria, who will present a paper on “Strengthening Financial Markets and Institutions in Africa”; Mr. Opeyemi Agbaje, Senior Consultant/CEO of RTC Advisory Services Limited, a leading strategy, business and policy advisory firm who will present a paper on “Africa’s Economic Growth, Accountability and Democracy”; Mr. Rufus Omoniyi Jegede, FCTI, FCA, a Managing Partner in Ijewere & Co, who is presenting a paper on “The Tax Implications of implementing IFRS” ; and Mr. Adeniyi Obe, FCA, the Managing Partner/Cluster Chief Executive Officer of Deloitte West & Central Africa, (Akintola Williams Deloitte), who will present the paper on “Strengthening the Accountancy Profession on the Continent”
Participants expected at the congress include; Accountants, Finance and Business leaders, Corporate and Financial planners, Investors, Entrepreneurs, Policy and Standard setters as well as key government functionaries.
The congress will also feature other attractions like tours to some notable places in the region and business exhibitions.
ICAN, established by the Act of Parliament Number 15 of 1965, is a founding member Institute of PAFA and a Past 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 Board of PAFA and recently mentored the Association of National Accountants of Nigeria (ANAN) to become a PAFA member.
The Institute is empowered to set standards of knowledge and skill to be attained by persons wishing to become members of the accountancy profession. The Institute, which is a foundation member of International Federation of Accountants (IFAC), has over 30,000 members and over 120,000 students on its registers and conducts examinations twice in a year. Its vision is to be a leading global professional body while its mission is to produce world-class Chartered Accountants, regulate and continuously enhance their ethical standards and technical competence in the public interest.
Since its inception and in line with its accuracy and integrity motto, ICAN examinations have been conducted without any leakage. Established about forty eight years ago by the Act of Parliament No. 15 of 1965, ICAN has been the foremost professional Institute in Nigeria , producing world-class professionals, making remarkable contributions to the nation’s development through its strict maintenance of high standards and regulation of the Accountancy Profession. In line with the provisions of the umbrella association for accountancy bodies all over the world, IFAC’s Statement of Membership Obligation (SMO), the Institute raises its standards from time to time.