Buhari, Adeosun, others for ICAN’s confab

Buhari, Adeosun, others for ICAN’s confab


President Muhammadu Buhari, Finance Minister, Mrs. Kemi Adeosun and other dignitaries are expected to be part of the 46th yearly accountants’ conference of the Institute of Chartered Accountants of Nigeria (ICAN) scheduled for between today and October 14 in Abuja.

In a statement, ICAN said it had assembled a team of technocrats, professionals and key government functionaries to discuss the current economic situation in the country and proffer solutions on how to pull the economy out of recession.

With Accountability Now Nigeria as its theme, President Buhari is expected to declare the conference open while the President of the International Federation of Accountants (IFAC), Ms Olivia Kirtley will deliver the lead paper titled: Accountability and good governance.

The theme of the conference, which is the global accountability campaign of IFAC titled: Accountability now, is an initiative to encourage higher standards of public sector information around the world. It challenges governments to recognise the importance of working toward financial reporting that meets international standards known as the International Public Sector Accounting Standards (IPSAS)

ICAN, therefore, seeks to encourage the Federal Government in the spirit of change, to imbibe the culture of good financial reporting in government spending and public sector financial reporting.

ICAN promised to work with the government to build a global coalition to bring together organisations that support the objective of improving transparency and accountability in the public sector; raise awareness through reinforcing the benefits of sound financial reporting to governments on the need for change; develop partnerships to effect change and bring together key actors in the public sector to improve financial information in the public sector; and build more capacity by providing professional accountants to work with government organisations to bring about the change that is required.

Others billed to speak at the conference are Ogun State Governor, IbikunleAmosun; Lagos State Governor, MrAkinwunmiAmbode, Head of Service of the Federation, Mrs. Winifred Oyo-Ita. Minister for Solid Minerals, Dr. Kayode Fayemi, CEO, Nigerian Stock Exchange (NSE), Mr. Oscar Onyema and the Chairman, FirstBank of Nigeria, Mrs. IbikunAwosika.

Others include the immediate past President of Chartered Institute of Public Finance and Accounts (CIPFA), Mr. John Matheson, Pastor Ituah Ighodalo, Managing Partner, SIAO and Executive Director, Enough is Enough, Ms Yemi Adamolekun.

Source : Thenationonline