*Inducts over 500 AAT members
By Providence Obuh
The Institute of Chartered Accountants of Nigeria (ICAN) has said that it strive to maintain standards as required, against believe that its qualifying examinations are deliberately made difficult by it.
Also, over 500 newly qualified members of the Association of Accounting Technicians West Africa (AATWA) were inducted into the profession.
“The qualifying examinations of the Institute which many wrongly believe are deliberately made difficult have continually posed a serious concern to the Council in terms of how this belief can be changed. Let me assure you all and those writing subsequent examinations that the Institute does not in any way subject its students to undue stress, but it strives to maintain standards as required by the Act and also by the International Federation of Accountants (IFAC), said President of ICAN, Mr. Chidi Ajaegbu.
Ajaegbu said this at the induction ceremony in Lagos, adding that accountancy is not a profession for lazy persons or people with doubtful character.
To the inductees, he said, “All persons who desire to be chartered accountants must brace up to the challenges of the profession which include dedication to work, discipline, honesty, integrity and technical competence, he or she must continually update himself or herself in line with the development in the economy in which he or she operates.
“As an Accounting Technician, you must strive to perform your duties in accordance with acceptable technical standards irrespective of the sector of the economy in which you are employed or engaged as an entrepreneur. The Accounting Technician is trained to function effectively in both the public and private sectors of the economy and the competence you exhibit will convince the public and the organisations you serve, that you are truly a professional in your own right.
“You must continuously strive to add value to your employers’ legitimate activities and with profound ethical conduct. You must not collude with anyone either to cheat or defraud your employer. You are expected to be above board in all you do.