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    MarketForces Africa » MarketNews » ICAN Tasks Accountants on Accountability

    ICAN Tasks Accountants on Accountability

    Marketforces AfricaBy Marketforces AfricaJune 24, 2024 MarketNews No Comments3 Mins Read
    ICAN Tasks Accountants on Accountability
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    ICAN Tasks Accountants on Accountability

    The Institute of Chartered Accountants of Nigeria (ICAN) has called on accountants in the country to be accountable and work within the ethics of their profession.

    ICAN President, Davidson Alaribe, made the call on Monday at the Investiture of the 9th Chairman and Inauguration of the Executive Committee, Auchi and District Society, Auchi, Edo.

    Alaribe, who was represented by the 1st Deputy Vice President, Hajia Queensley Seghosime, urged accountants to work with a sense of probity and honesty. He said that as the custodian of liquid assets in any organisation, accountants must possess high level of integrity and responsibility to ensure that these assets are well managed.

    “My professional colleagues are called upon to uphold the tenets of the profession. Our motto is integrity and accuracy and I want to plead with you to stand by that motto.’’

    He urged accountants not to, in any way, compromise the work that they do as ICAN members. You should not get involved in things that are unbecoming of a chartered accountant.’’

    The ICAN president congratulated the new chairman as well as other executive members and encouraged them to be good leaders. We congratulate the incoming executive team of Auchi district society.

    “We encourage the new executive to continue to sustain the commitment of ICAN to advancing the accounting profession in Auchi and its environs,” he said.

    Alaribe said ICAN had a total of 71 district societies and eight chapters, which include five international districts in the U.S., UK, Canada, Malaysia, Cameroon, and 66 others spread across 36 states of Nigeria.

    He, however, urged the new executive to ensure that the Auchi district and the executive committee were well mobilised to attend the 54th annual accounting conference scheduled for October 2024.

    In his remarks, Mr. Abu Oseni, the immediate past chairman of the district society, appreciated members for their support during his tenure. He wished the new chairman well and prayed to God to give him wisdom along with his team to make positive impacts in society.

    The new chairman, ICAN, Auchi, Dr. Samuel Oshiole, thanked the branch for considering him worthy of being elected as the 9th chairman of the district.

    “Our noble profession is practiced in towns and cities where our members largely find employment or practice. The increasing number of chartered accountants who work and reside within Auchi and its environs necessitated the formation of the district.

    “It is my intention to do my best to build on the legacy established by my predecessors so that the ICAN brand, noted for accuracy and integrity, will excel in the community of professional bodies.”

    He promised to commence the building of the district secretariat. In my chairmanship year, efforts will be made to commence the building of the district office. As the district that controls the whole of Edo North, the need to have a befitting secretariat cannot be overemphasized,” he said. GTCO, ACCESS, FBNH Drive Intraday Loss on Nigerian Exchange

    Banks CBN Central Bank of Nigeria FGN Investors Naira NGX Nigeria Nigerian Stock Exchange
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