AGF Challenges Accountants On Expansion Of Professional Horizons

Acting accountant-general of the Federation, Mr. Sylva Okolieaboh has called on accountants in the country to rise to the fullness of their professional functions and avoid a narrow perspective which negatively affects their relevance in a changing local and global environment.

Okolieaboh stated this in an address to members of the newly inaugurated unit of the Association of National Accountants of Nigeria (ANAN) in his Abuja office, according to a statement that was issued by the director of information, press and public relations, Mr. Bawa Mokwa.

He also questioned the multiplicity of accountancy bodies in the country, which he said has had negative impact on both professional standards and public perception of the value of accountants.

The acting AGF urged public sector accountants to emulate the noble examples of the first generation of Nigerian accountants who embodied “the very best of professional excellence, integrity and modesty”.

He condemned the presumption, popular among public sector accountants, that their main function is payment which has led to a focus on a finite number of functions that culminate in payment either by cheque signing or raising online mandate.

Okolieaboh explained the consequences of this wrong mindset on the work of professional accountants: “This reductionist view of the role of the accountant is equally dangerous. It is the reason anyone who can perform any of those routines considers himself an accountant. It is the reason everyone believes he can perform accounting duties…

“It is the reason, ladies and gentlemen, matters of financial management have been relegated to the background. It is the reason that, the new generation of legal and routine accountants, do not reckon with the very essence of our profession and calling: stewardship expressed in financial statements”. There are currently over six accountancy related bodies in Nigeria.  

While congratulating the members of the newly elected chapter of ANAN, the Acting AGF urged them to play a role in the urgent task of improving professional standards and contributing to the development of the nation.

Earlier in his inaugural speech, the deputy director, funds department in the office, Dr. James Abalaka, said that to guide against aberrations, an average accountant must embrace innovativeness, reliability, (integrity related), Trustworthiness (integrity related), strong organizational skill and vigilance (due diligence related).

Abalaka referred to Association of National Accountants of Nigeria (ANAN) Office of the Accountant General of the Federation (OAGF) Unit members as ambassadors of the treasury and advised them as accountants to earn trust of the people. He also urged them to show integrity and trust in the discharge of their duties to project the profession and reverse the already bad impressions about accountants.

 The highlight of the ceremony was the unveiling/official inauguration of Association of National Accountants of Nigeria (ANAN) Office of the Accountant General of the Federation (OAGF) Unit by the Chairman, ANAN Abuja, Chapter, Mr. Shauah Elisha Andrew. ANAN OAGF Unit has Mr. Fadipe Joseph as the Coordinator, Idode Ohis as Secretary and Wumakalsim Katugwa as Treasurer.