Institute of Chartered Accountants of Nigeria (ICAN) says it is strategically positioned to train the required manpower to assist the Federal Government in its fight against corruption in the polity.
The accounting body says its Centres of Excellence serve as breeding grounds for specialised professionals to contribute to the growth and development of the nation.
Razak Jaiyeola, president of ICAN, said the foremost accountancy body had over the years identified several advantages of specialisation, adding that among other things created an avenue for the judicious use of human and material resources.
Jaiyeola stated this in his opening address at the induction ceremony of the 109 candidates that qualified for certification in Audit, Investigations and Forensic Accounting; Financial Reporting; Insolvency and Corporate Re-Engineering, and Corporate Finance Management.
According to Jaiyeola, graduates of the Audit, Investigations and Forensic Accounting Faculty continues to bring to bear their professional training in assisting government to achieve its goal of fighting corruption in the polity.
“The graduates from this Faculty are occupying strategic positions in both the public and private sectors of the Nigerian economy. Graduates of other Faculties are playing similar roles in the different fields of accounting, such as taxation, financial reporting, consultancy and IT, insolvency,” he said.
According to the ICAN president, with disruptive technologies bringing down geographical boundaries in labour mobility, the premium placed on specialisation is becoming more pronounced and the opportunities it now affords are expanded.
With the aid of technology, seasoned experts can now provide their services across countries and geographical areas, he said, saying, “I must however add that as the opportunities are vast, the inductees must realise that it makes competition also more intense.
“However, if you continue to be in the frontiers of knowledge in these areas, then you have the world as your professional marketplace. Your remaining at the frontiers of knowledge in the various sub-fields would largely depend on your ability to leverage technology for improved service deliveries.”
He assured that the Institute regulated ethical standards for the profession and had strong mechanics for enforcing its compliance by members. He however charged the successful candidates in all certifications to continue to fly the profession’s flag of honesty, integrity and excellence with distinction in their respective spheres of influence, no matter the odds.
