• Thursday, May 02, 2024
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ICAN pushes continuous learning for members

ICAN pushes continuous learning for members

Innocent Okwuosa, the 59th president of the Institute of Chartered Accountants of Nigeria (ICAN) has enjoined its 1,088 inductees and 926 new members to embrace life-long learning to be relevant in the accounting profession.

Okwuosa, ICAN made this clarion call during the 72nd induction ceremony of the institute held recently at its Plot 12, Kofo Kasumu Street, Lakeview Estate, Amuwo Odofin – Lagos secretariat when he said that life-long learning would help the inductees to become acquainted with new modalities, technics, and development in the profession that will help them contribute effectively to the economic development of the country.

“Life-long learning is what will make you relevant in the profession.

I encourage you all to embrace a lifelong commitment to learning, relearning, and growth. The world is evolving at an unprecedented pace, and the landscape of the accounting profession is not left out.

As professionals, it is essential to adapt and embrace emerging technologies to stay ahead in this dynamic landscape,” he said.

Furthermore, he said; “One thing is for us to go through the meals and be certified as chartered accountants, and the mistake we make is to think that’s the end of the journey, I want to advise that’s the beginning of the journey.”

Read also: ICAN calls on FG to foster favourable conditions for FDI inflow

Okwuosa also urged the newly inductees to place a premium on upholding the highest standards of ethics, honesty, and professionalism as good ambassadors of ICAN.

“I want to emphasise that as members of ICAN, you now have the responsibility of playing a vital role in shaping the future of the accounting profession.

With your new professional status, you would be engaged in financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes.

I urge you to place a premium on upholding the highest standards of ethics, honesty, and professionalism,” he said.

In addition, he said; “The different stages of the rigorous examination exercise have helped to equip you with the necessary knowledge and values needed to make a meaningful impact, and it is now your responsibility to utilise them for the betterment of the profession.

Ethics, undoubtedly, stands as the bedrock of our profession. It’s the moral compass that guides our actions and decisions, ensuring trust and credibility.