Tag: ICAN

  • ‘ICAN to uphold its high standard’

    ‘ICAN to uphold its high standard’

    New Chairman of Institute of Chartered Accountants of Nigeria (ICAN), Ikorodu District Society, Samuel Ayeni, has urged members to uphold the examination standards as professionals.

    Ayeni, who spoke at his investiture, reaffirmed ICAN’s commitment to sustain the integrity and not compromise its examination, which serves as a benchmark for other institutions.

    He noted that “ICAN will raise the number of candidates at its centre, while maintaining high standards.”

    Ayeni said ICAN has been a beacon of excellence, a standard-bearer of ethics and a bridge to global practice, adding commitment to excellence in practice and professional development must remain strong.

    He said he accepted the baton of leadership as a challenge to move the district and institute to greater heights in the next 12 months.

    Ayeni said the district will partner other centres to ensure students success and liaise with stakeholders to promote proper record keeping.

    He pledged that ICAN in Ikorodu will continue to serve as a bridge between practitioners and stakeholders through sensitisation programmes and areas of mutual partnerships.

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     The chair said the society would foster strong relationships with corporate organisations through visitation and strategic collaborations.

    Chairman of the Investiture Planning Committee, Kareem Adegoke, noted that the occasion is not just a celebration of leadership transition but a reaffirmation of the institute’s commitment to professionalism, integrity and service in the profession.

    He thanked sponsors, partners and guests, describing Ayeni as a man of excellence, resilience and vision.

    ICAN’s Deputy Vice Chairman of Ikorodu and District Society, Samuel Ayinde said: “ICAN is a body that is sensitive to what is going on in the financial world, especially in in Nigeria. ICAN has been impactful and has been working to ensure our economy is thriving. For instance, in the tax reforms going on, the lead team of that reform happens to be an ICAN member and he has been doing so much in ensuring policies and reforms are effective and working.”

  • Nigeria’s renewable energy sector can create 300,000 jobs, add $7.4bn annually to GDP – ICAN

    Nigeria’s renewable energy sector can create 300,000 jobs, add $7.4bn annually to GDP – ICAN

    …as Ibas says sustainability challenges surmountable

    The Institute of Chartered Accountants of Nigeria (ICAN) has appraised the country’s renewable energy sector, saying it has the potential to create 300,000 jobs and contribute $7.4bn annually to the Gross Domestic Product (GDP) by 2030.

     The ICAN’s President, Mallam Haruna Nma Yahaya, spoke at the Institute’s 8th Southern Zonal Conference held in Port Harcourt, Rivers State.

    Yahaya further noted that aligning the country’s policies with the United Nations Sustainable Development Goals, particularly Goals 7, 12, and 13, could unlock more than $1trillion in market opportunities for Africa by 2030.

    While appreciating the Government of Rivers State for its hospitality, he said: “The renewable energy sector alone has the potential to create over 300,000 jobs and contribute $7.4 billion annually to our GDP by 2030 if properly harnessed.

    “Moreover, aligning our policies with the United Nations Sustainable Development Goals, particularly Goals 7, 12, and 13, could unlock more than $1 trillion in market opportunities for Africa by 2030. Eco-disruption, therefore, is not merely a challenge; it is also an invitation to innovation and leadership.

    “As chartered accountants, we occupy a unique position at the intersection of finance, governance, and sustainability. We are called to champion the sustainability agenda through improved environmental accounting, sustainability reporting, and innovative green financing mechanisms.

    “We can lead the way by promoting ESG disclosures and adopting the International Sustainability Standards Board frameworks, ensuring that our businesses and institutions not only comply with global requirements but also contribute meaningfully to sustainable development”.

    Yahaya said integrating climate resilience into budgeting and incentivising eco-friendly investments would allow Nigeria to build a low-carbon economy while attracting green financing and stimulating growth in climate-smart sectors.

    “Furthermore, by promoting public-private partnerships for green infrastructure, we can help the nation achieve its Net-Zero Energy Transition Plan,” he added.

    He encouraged all members to join the ICAN ESG and Sustainability Faculty to equip themselves with the requisite knowledge and competence to navigate the evolving landscape of environmental, social, and governance reporting, to position the professionals for leadership in the emerging global green economy.

    In his keynote address, the Administrator of Rivers State, Vice-Admiral Ibok-Ete Ekwe Ibas (retd), said Nigeria’s sustainability challenges could be overcome by aligning applicable principles of accounting ethics and environmental stewardship.

    The administrator indicated that by investing in green skills, civic engagement and being accountable, not only in financial deficits but ecological practices, Nigeria could build a nation that thrived within the global entity.

    Expatiating on the theme, ‘Eco-Disruption and Sustainability Challenges: The Way Forward,’ the administrator, represented by the Secretary to the State Government, Prof. Ibibia Lucky Worika, stressed that the topic was timely, especially against the background of recent changes in the world environment.

    He said, “Our world is changing. Climate change, deforestation, pollution, and unsustainable consumption patterns are no longer abstract concerns. They are here, disrupting ecosystems, economies, and everyday life from the rising flood waters of the Niger Delta to the advancing desert sands in the north.

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    “Accountants and Eco-Disruption are an unlikely but vital alliance. It is not every day that you see a room full of accountants discussing eco-disruption. After all, when we think of accountants, we picture balance sheets, not biodiversity; ledgers, not lagoons; profit margins, not mangrove swamps. And yet, here we are about climate change with people whose natural habitat is the spreadsheet.

    “I must say, if the planet knew its fate was being discussed by accountants, it might feel strangely reassured or start worrying about whether we are about to amortise the ozone layer.

    “But in truth, your role in this conversation is critical. Because sustainable development is not only about planting trees, it’s about restructuring systems. It’s about applying logic, measurement, discipline, and ethics to our collective footprint. These are things accountants excel at”.

    Highlighting the negative effects of eco-disruption in the Niger Delta, he said: “In the Niger Delta, where we are gathered today, the evidence is stark: coastal erosion and sea-level rise are threatening entire communities.

    “Biodiversity is in decline, with mangrove forests and aquatic life under siege from oil pollution and invasive species. Rainfall patterns are shifting, compromising agriculture, food systems and freshwater supplies.

    “Oil spills, bush burning, and deforestation continue to erode environmental health and human livelihoods. These disruptions not only threaten our environment, they destabilise our economy, our security and our very identity as a people.”

     Ibas also stressed that strategies to develop effective policy towards environmental stewardship must change to ensure institutional reforms in cognisance of socio-economic, environmental and human sustainability.

    He said, “The four pillars of environmental, economic, social, and human sustainability must now guide our policy choices and institutional reforms. We must move from extractive to regenerative systems.

    “We must rethink how we produce, consume, and account for the value we create, not just in financial terms, but in ecological and social impact as well.

    “Strengthen environmental governance and community engagement, support clean energy with targeted fiscal policies and green financing, promote afforestation and mangrove restoration, integrate sustainability into educational curricula and professional ethics, including accounting practices and invest in data, transparency and inclusive planning at all levels of government and industry”.

  • ICAN will prioritise youth inclusion, global recognition, says president

    ICAN will prioritise youth inclusion, global recognition, says president

    The newly elected 61st President of the Institute of Chartered Accountants of Nigeria (ICAN), Dr. Haruna Yahaya, has promised a reform agenda focused on youth inclusion, global certification, enhanced employability and renewed anti-corruption advocacy.

    These were contained in his acceptance speech delivered at the investiture ceremony themed: “ICAN @60: Powering a new era of integrity and innovation” held at the institute’s head office in Lagos.

    Yahaya, who succeeded Chief Davidson Alaribe, pledged to reposition the institute as a tech-forward, inclusive and purpose-driven organisation ready to meet the demands of a changing world.

    “This generation doesn’t just want to clock in, they want to change the world. They’re doing so with boldness, digital fluency, and a deep sense of purpose. That’s exactly the kind of fire we need in ICAN. The future belongs to the youths.

    “Accordingly, we must reignite ICAN’s brand appeal, especially among the younger generation, if we are desirous of achieving the future we want,” he said.

    Yahaya noted that as part of efforts to enhance employability, ICAN would revitalise its Continuing Professional Development (CPD) modules to reflect emerging areas of knowledge and practice. These include technology adoption, cybersecurity, climate change, talent retention, sustainability, and data analytics.

    “This year, we shall revitalise CPD by offering modules on emerging trends in the accounting profession- Technology Adoption, Changing Work Environment, Cybersecurity and Risk Management, Sustainability and Climate Change, Talent Acquisition and Retention, Data Analytics, and more. We are not just offering courses, we are building capacity for future-ready leadership,” he said. 

    According to Yahaya, ICAN would forge strategic partnerships with employers across public and private sectors to bridge the gap between learning and earning. 

    “These alliances will provide direct pipelines to opportunity through internships, job placements, mentorship, and project-based engagements. Our vision is not simply to help members find work, but to help them build meaningful careers that reflect their full potential and values,” the ICAN Chief said.

    To expand ICAN’s global relevance, Dr. Yahaya disclosed that his administration would pursue strengthened Mutual Recognition Agreements (MRAs) and joint certification programmes with reputable international accountancy bodies. These initiatives, he said, would enable Nigerian accountants to operate seamlessly across jurisdictions, not just as job seekers but as solution providers.

    He also announced the launch of a Small and Medium Practitioners (SMP) Academy- a specialised platform aimed at training and empowering practice licence holders. The academy, he said, would focus on skill-building, regulatory compliance, digital transformation, and strategic business development.

    “Our SMPs are not just the backbone of the profession, they are the unsung heroes supporting businesses, communities, and economies across Nigeria. But to keep pace with a rapidly evolving landscape, they need more than resilience. They need reinforcement.

    “Through the academy, we shall provide targeted solutions: Cloud-based audit platforms, shared service models, access to legal and technical guidance, and pathways for collaboration and growth. This is more than professional support, it is a generational investment. We are not just lifting practices, we are lifting possibilities. We are not just strengthening firms, we are strengthening futures.”

    The ICAN President said his administration would ensure the Institute plays a more assertive role in national economic discourse.

    “We will no longer whisper from the corners of policy debates; we will speak with clarity, courage, and conviction. For in a nation seeking answers, the accounting profession must be a voice of wisdom, not a silent witness”, he added. 

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    According to him, ICAN will begin the publication of monthly technical position papers addressing fiscal and monetary reforms, tax administration, and public financial management. The institute will also convene national roundtables, regional policy dialogues, and cross-sectoral debates to foster collaborative solutions.

    “In addition, ICAN will deepen its contribution to financial inclusion, partner with stakeholders on literacy campaigns, and advocate reforms that strengthen public trust in financial systems,” he said.

    Yahaya promised to reinforce internal systems at the Institute through digital proficiency training and performance-tracking frameworks for both Council members and Secretariat staff.

    On anti-corruption, he reaffirmed ICAN’s commitment to supporting regulatory agencies, promoting forensic accounting, and ensuring high standards in financial reporting. “We will continue to stand as a pillar of integrity, and we will not shy away from our role as ethical watchdogs,” he said.

    The new ICAN President expressed appreciation to dignitaries present at the ceremony, including the Governors of Niger, Jigawa, and Kaduna States, as well as the Etsu Nupe, Alhaji Yahaya Abubakar, CFR. He paid emotional tribute to his mother, Hajiya Rakiya Yahaya, and to his three wives—whom he described as his “Triple A’s”—for their unwavering support.

  • ICAN confers fellowship on 911 members in Lagos 

    ICAN confers fellowship on 911 members in Lagos 

    The Institute of Chartered Accountants of Nigeria (ICAN) has conferred Fellowship status on 911 of its members during a ceremony held over the weekend at Harbour Point, Victoria Island, Lagos.

    The event, which drew accountants from across the country, including several past executive members of the institute, celebrated the achievements of the new Fellows.

    Speaking at the ceremony, ICAN’s 59th President, Chief Davidson Alaribe, described the Fellowship as the highest professional status attainable by any Chartered Accountant, marking a major milestone in the inductees’ careers.

    Alaribe noted that to qualify, members must have completed “a minimum of five years post-qualification in practice or ten years post-qualification experience outside active practice.”

    He said the institute’s fellowship status was reserved primarily for individuals who have made significant contributions to the profession, adding that it was an award given to well-respected experts in the different areas of specialization of the profession. 

    “There are stringent criteria that must be met before qualifying for the Fellowship status of our Institute. This is to ensure that those conferred into this professional elitist club are truly worthy of the coveted status. We recognize that the new status places additional responsibilities on the awardees.

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    “As fellows, you now stand on the shoulders of giants who have paved the way for excellence in accountancy. You are tasked with the responsibility of mentoring the next generation, championing ethical standards, and contributing positively to society. 

    “I urge you to continually seek innovative solutions, embrace lifelong learning, and remain steadfast in your dedication to the ethical standards that define us,” he said.

    Continuing, the Diamond President said that the honorees were assessed and found worthy in their 

    compliance with the best global practices in service delivery and value creation; steadfast commitment to the well-regarded ethical values of accountability, transparency, honesty, and integrity as espoused by the profession and ICAN, and outstanding value-driven contributions to the development of accountancy profession.

    “The above are the attributes that brought you thus far, and they must be consciously preserved and constantly improved upon. As you become fellows of the Institute today, I urge you to remember that your influence extends beyond balance sheets and financial reports. 

    “You are now ambassadors of integrity, accountability, and transparency. In your hands lies the power to guide future generations towards responsible stewardship. I urge you to be proactive in your pursuit of knowledge and to actively participate in shaping the future of accountancy in Nigeria and beyond.

    “You must be intentional about building relationships that support a more efficient workflow and higher quality outcomes. Unarguably, the present economic challenges require deliberate collaborative efforts among Chartered Accountants if we want to significantly impact our society. 

    “Let me assure you that the Institute will not renege on its obligation of providing a supportive environment for growth. We will continue to avail our professionals, platforms for cutting-edge training and networking opportunities. 

    “I encourage you, our new Fellowship recipients, and other members of the Institute to partake in the diverse capacity-building and continuous professional development initiatives of the Institute,” he said.

    Earlier, Chairman Membership Affairs Committee, Dr. Etofolam Osuji, reminded the recipients to uphold the highest standards of ethical conduct, professional judgment, and leadership.

    “You serve as role models and mentors to younger professionals and as ambassadors of the Institute in both national and global arenas. Your commitment to continuous professional development and excellence should continue to reflect the values of ICAN,” he said.

  • UBA, ICAN partner to drive innovation, excellence in accounting

    UBA, ICAN partner to drive innovation, excellence in accounting

    United Bank for Africa (UBA) Plc has hosted the 60th President of the Institute of Chartered Accountants of Nigeria (ICAN), Davidson Alaribe, in a meeting aimed at fostering collaboration and innovation between both institutions.

    The meeting signaled a pivotal moment in the relationship between the two institutions, as they explored strategic partnerships aimed at driving mutual growth and development in the financial and accounting sectors.

    UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, who welcomed the ICAN President and his high-profile delegation, expressed his enthusiasm for the partnership and assured that the bank is ready and willing to support the institution in its drive for excellence.

    He said, “UBA is proud to be home to a significant number of ICAN members, whose expertise has been instrumental to our success as Africa’s global bank. This visit reaffirms our shared commitment to excellence and innovation.

    Continuing, Alawuba stated, “We are particularly excited about potential collaboration in the Graduate Management Accelerated Programme (GMAP), training initiatives, and other business opportunities that will create a win-win for both organisations.”

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    The delegation had distinguished members of the institute’s council and executive team, including Immediate Past President of ICAN; Mr. Oladele Nuraini Oladipo, FCA, ICAN Council Member;  Dr. Oluseyi Oladimeji Olanrewaju, FCA, ICAN’s Honorary Treasurer; Mr. Biodun Adedeji, FCA, ICAN Council Member; and Dr. Lanre Olasunkanmi, FCA,  Registrar/Chief Executive of ICAN.

    Alaribe who was visibly excited at the corroboration between both organisations, said, “UBA is not just a financial powerhouse in Nigeria but a global leader with a strong presence across Africa and beyond. ICAN recognises the immense value UBA brings to the table, and we are excited to explore opportunities for collaboration in areas such as capacity building, professional development, and business expansion.

    This partnership will undoubtedly benefit our members and the broader financial ecosystem.”

    The discussions also focused on several key areas of collaboration in capacity building, Joint training programmes to enhance the skills of accounting professionals and UBA staff, collaborating on initiatives to promote ethical standards, financial literacy, and best practices in accounting and finance and setting up a branch of ICAN at the UBA House.

    This historic meeting marks a significant milestone in the relationship between UBA and ICAN, two institutions committed to driving excellence and innovation in the financial and accounting professions. Both parties expressed optimism about the future and pledged to work closely to achieve their shared goals.

    The Institute of Chartered Accountants of Nigeria (ICAN) is the leading professional accounting body in Nigeria, established to regulate the practice of accountancy and promote excellence in the profession. With over 50,000 members, ICAN is dedicated to advancing the science of accountancy and fostering ethical standards in the industry.

  • ICAN Inducts 1,261

    ICAN Inducts 1,261

    With a charge to uphold professional standards and ethics, the Institute of Chartered Accountants of Nigeria (ICAN) yesterday inducted 1,261 Associate Accounting Technicians, West Africa (AATWA).

    The induction ceremony, the institute’s 61st, held at the ICAN office at Amuwo Odofin, Lagos.

    Speaking at the event, the President of ICAN, Chief Davidson Chizuoke Alaribe, commended the inductees for completing the rigorous examination process.

    Alaribe emphasized that the inductees must adhere to the Institute’s Code of Ethics, Constitution, and By-Laws, which serve as their professional guide.

    He stressed that upholding the highest standards of professionalism, ethics, and integrity was crucial in all their endeavors, adding that the institute would enforce disciplinary measures against any Accounting Technician who failed to comply.

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    “I use this opportunity to commend the commitment and dedication of our newly inducted technicians, demonstrated through your success at every stage of the Accounting Technicians Scheme (ATS) examinations. “Many of you have had to juggle academic demands with work responsibilities, family obligations, and personal challenges, yet you persevered and triumphed…As you embark on this exciting journey as newly inducted Accounting Technicians, I encourage you to make a strong commitment to the principles of accuracy and integrity.

    “It is essential to uphold the highest standards of professionalism, ethics, and integrity in all your endeavours. “As you advance in your career, remember to consistently adhere to the five fundamental principles of the accounting profession: integrity, objectivity, confidentiality, professional behaviour, and professional competence with due care.

    “The institute will not hesitate to enforce appropriate professional discipline against any Accounting Technician who does not comply, using our established disciplinary mechanisms.

    “As you are inducted today, let the institute’s code of ethics, constitution, and bylaws serve as your professional guide. Allow this code to direct you in providing your professional services,” he said.

    The ICAN President noted that the inductees were now part of a regional network of over 31,268 accounting technicians, with opportunities to practice across West Africa.

    According to him, this induction opens doors for them to explore various roles in auditing, financial management, taxation, and other areas within the field of accounting.

    Alaribe urged the new inductees to continue their professional development and strive for excellence in their field. He emphasized the importance of staying updated on industry trends and embracing changes that will set them apart as exceptional professionals.

    He highlighted the value of mentorship in the professional development of the new inductees and implored them to adopt a growth mindset and seek out mentors who can guide them on their professional journey.

    “I encourage all of you to adopt a growth mindset and seek out mentors who can help guide you on your professional journey. Mentorship from experienced professionals can significantly accelerate your progress. Mentors offer guidance, support, and valuable insights, assisting you in navigating your career path with confidence.

    “Our Institute is home to seasoned professionals who have excelled in various fields of accounting. Make sure to seek mentorship from these experienced individuals to help guide your career path”, he added.

  • ICAN inducts new members

    ICAN inducts new members

    The Institute of Chartered Accountants of Nigeria (ICAN) has inducted 1,785 new members at its 74th induction ceremony.

    The induction marked a significant milestone for ICAN, with its membership now exceeding 65,000 members and active associates worldwide.

    President, Chief Davidson Alaribe, emphasised the significant role new inductees will play in shaping the future of the accounting profession.

    According to him, the inductees have undergone rigorous training, equipping them with the skills and knowledge necessary to excel in various areas, including financial reporting, taxation, auditing, forensic accounting, corporate finance, and business recovery.

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    He said: “Your rigorous training has equipped you with the skills and knowledge to excel in various areas, including financial reporting, taxation, auditing, forensic accounting, corporate finance, and business recovery”.

    Alaribe urged them to embrace a lifelong commitment to learning and growth, adapting to the ever-evolving professional landscape.

    He emphasised the importance of staying at the forefront of knowledge to remain relevant in an industry shaped by technological innovation, regulatory shifts, and changing market demands.

    “Be reminded always that the more you learn, the more you grow. The professional environment is evolving more rapidly than ever before. It is therefore vital to adapt, innovate, and stay at the forefront of knowledge to remain relevant in an ever-evolving professional landscape,” he added.

  • ICAN inducts 1,785 new chartered accountants

    ICAN inducts 1,785 new chartered accountants

    The Institute of Chartered Accountants of Nigeria (ICAN) has inducted 1,785 new members to its institution during its 74th induction ceremony.

    Speaking at the event, ICAN President, Chief Davidson Alaribe, highlighted the critical role the inductees will play in advancing the accounting profession. 

    “My dear inductees, as you join the ranks of our esteemed Institute, you assume a vital role in shaping the future of the accounting profession”, he said.

    According to Alaribe, the inductees have undergone rigorous training, equipping them with the skills and knowledge necessary to excel in various areas, including financial reporting, taxation, auditing, forensic accounting, corporate finance, and business recovery.

    He further emphasized that the inductees had undergone extensive training, equipping them with expertise in key areas such as financial reporting, taxation, auditing, forensic accounting, corporate finance, and business recovery. 

    He said: “Your rigorous training has equipped you with the skills and knowledge to excel in various areas, including financial reporting, taxation, auditing, forensic accounting, corporate finance, and business recovery”.

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    Alaribe urged the new associates to embrace a lifelong commitment to learning and growth, adapting to the ever-evolving professional landscape.

    He emphasized the importance of staying at the forefront of knowledge to remain relevant in an industry shaped by technological innovation, regulatory shifts, and changing market demands.

    “As we bask in the success of induction, I encourage you all to embrace a lifelong commitment to learning and growth. Be reminded always that the more you learn, the more you grow. The professional environment is evolving more rapidly than ever before. This volatile environment, shaped by technological innovation, regulatory shifts, and changing market demands, constantly presents a unique set of challenges for professionals. It is therefore vital to adapt, innovate, and stay at the forefront of knowledge to remain relevant in an ever-evolving professional landscape”, he added.

    The induction ceremony which was held December 4, 2024, marked a significant milestone for ICAN, with its membership now exceeding 65,000 members and active associates worldwide.

  • Oyo anti-corruption agency partners ICAN to fight corruption

    Oyo anti-corruption agency partners ICAN to fight corruption

    The Oyo State Anti-Corruption Agency (OYACA) has declared its readiness to partner with the Institute of Chartered Accountants of Nigeria (ICAN), to stamp out corruption in the state.

    The declaration was made on Thursday at Ibadan by the Chairman, OYACA, Justice Eni Esan (rtd) while receiving the Pioneer Chairman of Lagelu and District Society of ICAN, Chief (Mrs) Omokemi Oladipo at her office.

    While congratulating the Pioneer District Chairman of Lagelu ICAN and her executive members on their assumption of office, Eni Esan mentioned that the inputs of Chartered Accountants are important in the efforts to curb corruptive tendencies in public offices, saying that the antigraft body has officers that are members of ICAN.

    “OYACA has Chartered Accountants who are members of our investigators, on your quest for collaboration, I want to assure you that we will not hesitate to partner with your body, particularly in the area of building capacity of our workforce, this will kick-start further collaborations as may be expedient.

    “We urge Lagelu and District Society of ICAN to support us in the process of intensifying efforts in fighting corruption in the country, through mass education of the people about the ills of corruption.

    “Ensure this is part of your speeches or addresses whenever you are visiting students, workers, traditional rulers and at other places, this is because probity and accountability are parts of your watchword.”

    Earlier in her address, the Pioneer Chairman, Lagelu and District Society of ICAN, Chief (Mrs) Omokemi Oladipo, commended the achievements of OYACA, under the leadership of Hon. Justice Eni Esan (rtd), adding that the collaboration among OYACA, the Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices Commission (ICPC) must be adopted by other antigraft bodies in the country to achieve success.

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    She mentioned the areas of possible collaboration with OYACA to include joint training workshops on ethical practices and anti-corruption measures for accountants and workers in Oyo State.

    Other areas of cooperation, as mentioned by Omokemi, include the investigation of financial fraud cases, as according to her, Chartered Accountants are versed in forensic investigation as well as establishing a whistle-blowing channel for reporting corrupt practices in the district, which can be investigated by OYACA.

    Present at the occasion was a member of the OYACA board, who is also a member of ICAN Lagelu and District Society, Dr. Prince Oyebade Oyedepo; the Executive Secretary of OYACA, Ibrahim Tijani; the Director of ICT, Mrs. Folasade Ajibade; the Director of Finance and Accounts, Mr. Azeez Tajudeen; and the Director of Administration and Supplies, Mr. Wasiu Alimi.

  • ICAN holds webinar on data analytical tools

    ICAN holds webinar on data analytical tools

    The Institute of Chartered Accountants of Nigeria (ICAN) Ojo, Agbara and Badagry (OBA) Districts Societies is organizing a two-day webinar with the topic application of data analytical tools. The webinar will be an in-depth exploration into data analytics. The session will take participants into expedition of analytical skills and tools with practical demonstration of the tools.

    According to the chairman of ICAN, OBA Districts Societies, Lukman Ajibola, data analytics tools are used to make informed decisions, improve financial performance and reduce risks. Also, data analytics tools assist in identifying process improvement, predictive analytics, provide actionable insights and automate tasks.

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    The webinar, scheduled to hold between the 23rd and 24th this month, will be facilitated by seasoned and experienced members of the Institute in the field of data analytics.

    Ajibola emphasised the benefits of having insights into phyton, data analytics and financial modelling as it will aid in identifying process improvements, manage risks and automate tasks.

    The first webinar on application on data analytical tools by ICAN OBA Districts was facilitated by Professor Godwin Oyedokun.