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Apr 20, 2017

ICAN Accredits 32 Tertiary Institution

The Institute of Chartered Accountants of Nigeria has accredited no fewer than 11 tertiary institutions and 21 tuition houses.
The accounting body said the move was in line with its statutory mandate of setting standards and regulating the practice of the accountancy profession in the country.
The President, ICAN, Deacon Titus Soetan, during the presentation of certificates to the beneficiaries at the institute’s office in Lagos, said the need to initiate quality control and improve the level of pass rate of students in its various accounting examinations necessitated the exercise.

Soetan pointed out that the accreditation reaffirmed the institute’s commitment to high technical standards, and would also facilitate the choice of academic institutions/tuition houses by students in their quest for accounting knowledge.
This move, he said, would further enhance professionalism in the accounting profession and align the quality of knowledge dissemination by the institutions to global standards.
The ICAN president said, “As a professional body, we are committed to technical excellence. The institute proactively began to accredit institutions of higher learning and tuition houses when it realised the need to initiate quality control and improve the level of pass rate of students in its various examinations.
“In line with our statutory mandate of setting standards and regulating the practice of accountancy in the country, the Governing Council resolved to accredit centres where its potential registered students could receive appropriate and qualitative technical and academic training.
“In other words, the accreditation exercise was designed to reaffirm the institute’s commitment to high technical standards as well as to facilitate the choice of academic institutions/tuition houses by our numerous students in their quest for accounting knowledge.”
Source: Punch
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