|President Goodluck Jonathan|
A statement made available to THISDAY, said that the president made the remark in a speech presented at an event tagged: “Presidential Dinner and Awards,” organised by the Association of National Accountants of Nigeria (ANAN) in Abuja, to celebrate the admission of the accounting body into the International Federation of Accountants (IFAC), Pan- African Federation of Accountants (PAFA) and the Association of Professional Bodies of West Africa (ABWA).
The president described the feat achieved by the association as historic.
President Jonathan, who was represented by the Accountant-General of the Federation, Chief Jonah Otunla, said the admission of the association into the international professional accounting bodies was a challenge for the association to ensure high standard of professionalism and international best practices.
According to the president, the development would spur the body in contributing more to the growth of the President Jonathan expressed delight over the ongoing collaboration between ANAN and the Institute of Chartered Accountants of Nigeria (ICAN) to improve the standard of accounting profession in the country.
He stressed that the country was in need of such collaboration to tackle corruption and other vices that had eaten deep into the nation’s value system.
In her address of welcome, ANAN President, Hajia Maryam Ladi Ibrahim, said the impact of IFAC was obvious from its support in the establishment of a regional body in Africa. The ANAN boss listed the responsibilities of the association to include education, training and quality assurance as well as enforcement of standards to ensure the maintenance of the credibility of the profession is maintained and that public interest is continuously protected.
“ANAN is proud to have initiated a unique system of training of accountants by establishing a full-fledged Post-graduate Professional College of Accountancy, the Nigeria College of Accountancy (NCA) as the professional arm. Perhaps, the only professional accountancy body in Africa with such an initiative,” she added.
Also, in his address, ICAN President, Mr. Adedoyin Owolabi assured that both professional bodies are working towards uplifting accounting profession in Nigeria.