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ABUJA ICAN DISTRICT SOCIETY EMBRACES IFRS, PICKS NEW

By NBF News
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THE Abuja district society of the Institute of Chartered Accountants of Nigeria (ICAN) has embraced the recently adopted International Financial Reporting Standard (IFRS) in its financial reporting.

Also, the district has aligned itself with the vision of the ICAN President, Major - General Sebastine Owuama (rtd) of producing world class chartered accountants, regulate them and to continuously improve their ethical standards and their technical competence forĀ  public interest.

This was the pledge of the newly elected Chairman of the ICAN of the Abuja district, Mallam Shehu Usman Aladire when he addressed members in Abuja recently.

He spoke more on his executive's plan of action: 'In view of the strategic location of Abuja district being at the seat of government, this executive will strive to continue to serve as a link between the institute and the government in the areas of manpower development, financial advisory and budget implementation.

'We will also bridge the gap between the district and the elders/ senior members who are in various establishments within Abuja and its environ, to once again associate with the district they established some 17 years ago when the average attendance of members at any general meeting was not more than 10. We are happy; however, that presently, we have consistently achieve an average of over 120 members in all general meetings.''

Aladire also unfolded part of the district's plan this year to include carrier talks in secondary schools within the district and symposia where topical issues would be discussed for members and non - members as well as carrier development.

Other members of the Aladire-led Abuja district ICAN executive are: Michael Nnachi Okpara, vice chairman, Ogwezi Nwachukwu, general secretary, Mrs. Ifeoma Okpo, treasurer, Mr. Abiodun Gbakinro, financial secretary and Mrs. Rachael Eromolese, social / publicity secretary.

The rest are: Funmi Oke, assistant secretary, Mr. Fred Okonta, ex- officio, Niyi Akande, ex- officio and Edwin Nwokoye, ex- officio.

In a remark, the immediate past Chairman of the district, who piloted the affairs of the society for seven years, Mr. Fred Okonta expressed fulfillment that the Abuja district society was a powerful force to reckon with in the ICAN national body.

Okonta, while also commending members for their support, revealed that the opportunity to serve had helped sharpen his leadership and managerial skills.

He solicited for the same support for his successor. He said: 'You know you are dealing with a crop of professionals, some of them having more experience than yourself. So you are just a coordinator and as a link. That is why it was opportunity to broaden my knowledge and sharpen my leadership skills. The growth in membership strength is what I can adduce to be my major achievement. Because when I took over, we had only ten members, but right now, our membership is almost 150.'