The Institute of Chartered Accountants of Nigeria, (ICAN) yesterday said the rejection of the proposed Chartered Institute of Forensic and Investigative Auditors of Nigeria (CIFIAN) by the House of Representatives, was a victory for professionalism in the country.

It maintained that the result of the debate on the bill shows clearly that it is not an issue between ICAN and the promoters of the bill, but the need to prevent duplication of the accounting profession and promote competence. ICAN president, Razak Jaiyeola stated during an interaction with newsmen in Lagos, alleging that the promoters of the bill are not competent and cannot use their skill to curb corruption in Nigeria.

Members of the proposed CIFIAN and the leadership of ICAN have been at logger heads with the former accusing ICAN of moves to frustrate the passage of the bill to establish CIFIAN which was passed by the senate but rejected last week by the House of Reps.

Jaiyeola said in its determination to make accountants more relevant, the Institute plans to hold its accountants technology conference also known as ‘Accounteks’.

The summit, he said would provide avenue for accountants and other business professionals to understand opportunities that exist in the area of technology for their profession.

The event which holds in Lagos, he disclosed will also provide a platform of interaction between members and manufacturers/vendors of these technologies in addition to helping narrow the technology gap between members who are Chief Finance Officers and their Chief Information Officers counterparts.

“The two-day summit hold between 29th and 30th April 2019 and will feature some of the most experienced and innovative business and technology technocrats in Nigeria and Africa”, he said.

https://guardian.ng/news/house-rejection-of-forensic-bill-victory-for-professionalism-says-ican/amp

Okay.

This space is for sale

ICAN always blocking competitors since ages.

ICAN vs ANAN
ICAN vs CITN
ICAN vs CIFIAN

Forensic audit indeed. 97% of companies in 9ja will cast be that.

Hfufh

.

The powers behind ICAN ehn...

any topic that nairalanders don understand they will just comment ok if d topic was abt buhari now they will not let someone rest

is that so?

[/quote

Nonsense... even the ICAN bill should have been rejected.


All these professional bodies only exist to drain members of their hard earned money. The money you get to pay for subscription increases as you progress..and these useless bodies never care if you are in employment or out of employment, if you are well placed at work or underplaced etc ..all they care about is money money money!

OBAGADAFFI:
ICAN always blocking competitors since ages.

ICAN vs ANAN
ICAN vs CITN
ICAN vs CIFIAN

They are always on the lookout!

Victory for all

Crazy bill

The bill will certainly bounce back and passed at the right time, right way

nairalanders will definitely avoid this thread but if this was about Name checking by now tribal war would have begun.


actually i feel forensic audit bill would have help facilititate the fight against corruption.

Abfinest007:
any topic that nairalanders don understand they will just comment ok if d topic was abt buhari now they will not let someone rest

O ya comment na, shay bi they have given u space now...

Mediocracy on the part elected public servants behind this Jack of all trade that ICAN represent.

Who e help

Pavore9:


They are always on the lookout!

They have spies and lobbyist in government.

They immediately block any Accounting Professional body that springs up.

midolian:
Nonsense... even the ICAN bill should have been rejected.


All these professional bodiesonly exist to drain members of their hard earned money. The money you get to pay for subscription increases as you progress..and these useless bodies never care if you are in employment or out of employment, if you are well placed at work or underplaced etc ..all they care about is money money money!

U just nailed it,u pay 4 exemption,exam,lecture,subscription,registration etc

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How

ICAN should wake up and stop fraud cover up and corruption.

OBAGADAFFI:
ICAN always blocking competitors since ages.

ICAN vs ANAN
ICAN vs CITN
ICAN vs CIFIAN

Jealousy wan kill dem.

CHIDOHSKI:
Mediocracy on the part elected public servants behind this Jack of all trade that ICAN represent.

ICAN is a professional body of Acciuntants and has never claimed to be jack of all trades. Accountancy is a profession with many parts just like Medicine, engineering, law etc. We cannot continue to fragment the profession simply because some people cannot pass ICAN exams. NMA is NMA, NBA is NBA, NSE is NSE... why should ICAN be different?

CIFIAN is a useless bill that would add nothing to the country. In fact, we missed a bullet by killing the bill. Audit is part and parcel of the business of an Accountant and nobody can take that away from ICAN.

dannypaul:
nairalanders will definitely avoid this thread but if this was about Name checking by now tribal war would have begun.


actually i feel forensic audit bill would have help facilititate the fight against corruption.

ICAN can't stand the heat. That bill was necessary since forensic accounting is one of the mechanism used to reduce fraud. instead of that useless body to create a course for it or upgrade their existing members, they are busy fighting. Other countries has an institute for it but Nigeria's case is a different ball. No wonder other countries don't take us serious