haibe:

What do you think, is the adoption of Ifrs really a good idea ??

It is a good and fantastic idea.It enhances nd promotes international transactions.It also aids foreign investment nd allows investors to comprehend how financial statements of different countries are being structured.It is like the unification of myriads of language of different countries into coherent one.Which means ifrs is trying to promote the says that"Accounting is the language of business"In the sense that everybody irrespective of your country, will understand the language of business(financial statements) being prepared in other parts of the world.

Pls wht's d basic applicatñ 4 accountin studnts, i always tut of goin 4 such applicatñ trainin durin vacatñs....state ñ direct me on how 2 get de resource person yr2 undergraduate

Nsisong: Pls wht's d basic applicatñ 4 accountin studnts, i always tut of goin 4 such applicatñ trainin durin vacatñs....state ñ direct me on how 2 get de resource person yr2 undergraduate

do you mean ICAN application?

Not ICAN but applicatñ software dat help student on basic accounting

Nsisong: Not ICAN but applicatñ software dat help student on basic accounting

sorry for replying late, am not really conversant with such softwares, maybe the accountants in the house can help

haibe:

sorry for replying late, am not really conversant with such softwares, maybe the accountants in the house can help

Oga haibe what do think the future holds for accountants in Nigeria?

salex66: Oga haibe what do think the future holds for accountants in Nigeria?

Very bright future provided we work towards integrity and hard work, most nigerian accountants have been known to be in the field for financial gains through creative accounting, this has painted the field of accounting black in Nigeria and can only be corrected if we work for the love of the accounting profession and not for selfish gains.

Also nigerian accountants have to meet up with advanced standards, when you compare accounting profession in Nigeria to some other countries, you would find out we have a lot to improve on, however I still believe accountants in Nigeria has a bright future.

haibe:

Very bright future provided we work towards integrity and hard work, most nigerian accountants have been known to be in the field for financial gains through creative accounting, this has painted the field of accounting black in Nigeria and can only be corrected if we work for the love of the accounting profession and not for selfish gains.

Also nigerian accountants have to meet up with advanced standards, when you compare accounting profession in Nigeria to some other countries, you would find out we have a lot to improve on, however I still believe accountants in Nigeria has a bright future.

Great!As per the standards,we have a long way to go.professional accountants bodies in this country have to ensure that proper and full implementation of current standards should be sped-up.It is degrading that most tertiary institutions offering accounting as a course are yet to introduce current standards as course of its own.They should endeavour introduce students of accounting to standards(IFRS) from their first year in the school.This will make it easier for them to grasp the full concept of standards(IFRS) when writing professional exams.Because I don't know how a student who have not been introduced to standards before will be able to cope when writing professional exams(ICAN) within the short period of time to cover the voluminious syllabus.

salex66: Great!As per the standards,we have a long way to go.professional accountants bodies in this country have to ensure that proper and full implementation of current standards should be sped-up.It is degrading that most tertiary institutions offering accounting as a course are yet to introduce current standards as course of its own.They should endeavour introduce students of accounting to standards(IFRS) from their first year in the school.This will make it easier for them to grasp the full concept of standards(IFRS) when writing professional exams.Because I don't know how a student who have not been introduced to standards before will be able to cope when writing professional exams(ICAN) within the short period of time to cover the voluminious syllabus.

you are 100% right, accounting freshers need to be introduced to IFRS in other not for them to struggle later on.

am an accounting student of osun state university....200lvl....

Dapxavi: am an accounting student of osun state university....200lvl....

welcome bro

haibe:

welcome bro

thanks man....how is the crediting and debiting going?

merry christmas to you all

Patwitme: Hello my fellow charted accountant,realy love our contribution keep it on.kudos to all of you.remeber witout the service of an accountant the company is useless.truly we are the back bone of any society.what a profession body is this!am proud to be an accounting student

mouau?

Dapxavi:
merry christmas to you all

merry Christmas

Communication among students is now easy as
www.oaucampus.com is launch for meeting &
chatting,passing ifo & getin updates on school activites
and admission info for aspirants.

Accounting is a great profession job, with so many branches, you have cost accounting, cost accounting standards, financial accounting managerial account, any part one fines him or self in the accounting world, just do your best...
https://www.creditpent.com/cost-accounting-standards-the-concept-and-discipline-of-cost-accounting/