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ICAN advocates professionalism, ethics

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Institute of Chartered Accountants of Nigeria. Photo/Nairametrics

The Institute of Chartered Accountants of Nigeria (ICAN) has urged its members not to mortgage their consciences or compromise the professional principles of accountability, integrity, and honesty for pecuniary gains, irrespective of circumstances.
 
The 56th President of the association, Dame Onome Adewuyi, stated this at the inauguration of the district and investiture of Gbenga Omidiji as the 1st Chairman of Ilupeju/ Gbagada and district society of ICAN.
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The president asked members to discharge their professional engagement with integrity, accuracy, objectivity, due care, confidentiality among others while asking them to bear in mind that if these virtues were compromised by any member, the entire accounting profession would not only be brought into disrepute but public trust in the profession would be betrayed.
 
In his acceptance speech, Omidiji assured that the organisation would engage the host community (Ilupeju/Gbagada) and harness the professional resources for the benefit of members and the institute.
 
He stressed that there would be discussions with companies within the coverage area and also strive to execute the Corporate Social Responsibility (CSR) projects that would affect the lives of the inhabitants positively and make them feel the impact of the district.
 
Omidiji said young accountants would continue to be supported to become future-ready professional accountants and deliberate actions would be taken to equip the members with new skill sets required for survival in the face of digital disruptions and demands for new services from users of accounting services.
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He said: “The advent of COVID-19 has brought to the fore the need to embrace technology. Our capacity building initiatives will be delivered through various technological platforms to make them flexible and convenient for members to participate.”
 
“Our resolve to contribute our quota to the development of quality and standard education within our community motivated us to choose Ilupeju Grammar School as a pilot for the several educational programmes lined up for this year. In response to the global health challenges, taken from the fact that we are not doctors or other medical personnel, we have consciously identified an area where we can still contribute our own quota to the provision of quality and speedy health care to our community and the state at large.
 
“We have determined to undertake the full computerisation of the Finance/Account section of the Gbagada General Hospital. This project will ultimately fast-track the daily processes of attending to patients and it is expected to yield a significant positive return on the well-being of patients.”

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