The President of the Institute of Chartered Accountants of Nigeria (ICAN), Davidson Alaribe, has inaugurated a chapter of the body for the Federal Inland Revenue Service (FIRS), charging officers of the chapter to continue to uphold high ethical standards associated with the profession.

Alaribe, while speaking at the ceremony in Abuja, said the significance of the chapter of ICAN at FIRS is founded on the tax agency being the largest employer of chartered accountants in the country.

A statement by Sikiru Akinola, Technical Assistant (Media) to the FIRS Chairman, Zacch Adedeji, quoted the ICAN president to have said that out of the 66, 000 chartered accountants in the country today, more than 2,800 are in FIRS, the largest by any government agency.

Alaribe commended the FIRS chairman, Adedeji, for leading the transformation of the agency that is now vital to the country’s economic development by making revenue available to the three tiers of government to finance major projects.

Assuring the FIRS chapter of constant support, he tasked the pioneer officers to actively engage members to establish a strong foundation for the chapter and also ensure the elevation of its profile.

The FIRS chairman, who was represented at the event by the Coordinating Director of Medium Taxpayers Group, Dr Dick Irri, charged the leaders of the ICAN chapter to continue to display high ethical standards in the discharge of their duties.

Adedeji, who is a Fellow of ICAN himself, said he gave the approval for the establishment of the unit as a result of the critical roles chartered accountants play for Nigeria, particularly at FIRS.

In her acceptance speech, the pioneer chairperson of the FIRS branch, Dr Josephine Onyia, thanked Adedeji and the management of FIRS for the support and endorsement of the new leaders.