• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

ANAN Rejects Proposed ICAN Act Amendment, Warns Of Rivalry

by Jonathan Nda-Isaiah
1 year ago
in Business
ANAN
Share on WhatsAppShare on FacebookShare on XTelegram

The Association of National Accountants of Nigeria (ANAN) has rejected the ongoing amendment of some sections of the Institute of Chartered Accountants of Nigeria (ICAN) Act.

Advertisement

It said if the amendment is allowed to sail through, it would cause rivalry among professional bodies in Nigeria.

President of ANAN, Dr. James Ekerare Neminebor, stated this at  a public hearing organised by the National Assembly on the proposed amendment.

Represented by a member of the Council of ANAN, Prof Suleiman A.S Aruwa , the ANAN president, said the proposed amendments offend the membership of ANAN.

He, therefore, called on the committee to expunge the sections to avoid distortions in the accountancy profession.

RELATED

Federal Gov’t, IFAD Train 600 Farmers In Budgeting, Farming Techniques In Benue

We’re Making Abia Farmers Globally Visible – Agric Firm

6 minutes ago
Marginal Field Awardees: NUPRC Restates Commitment To Transparency Culture

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

4 hours ago

The ANAN president said  ICAN should restrict her scope to accounting, auditing and assurance practice.

“We have institutes that are established under the Act of the National Assembly that have the sole object, now being covered under this section. This would create animosity and professional conflict,” he said.

He said the amendment of Section 19 of the Principal Act Now Section 27 conflicts with the proposed amendments to the new Section 15 in content and context.

“The meaning and conceptualisation of Accounting is misconstrued from the original meaning and its role in the financial reporting process.

“The Financial Reporting Council of Nigeria Act 2011 as amended distinguishes the players in the financial reporting process. Accountants cannot now become ‘jack of all trade’. It is an aberration,” he said.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: ICAN
SendShareTweetShare
Previous Post

Okoloba Alleges Attack From Okuama

Next Post

Ibom Air To Get 10 More Aircraft

Jonathan Nda-Isaiah

Jonathan Nda-Isaiah

You May Like

Federal Gov’t, IFAD Train 600 Farmers In Budgeting, Farming Techniques In Benue
Agriculture

We’re Making Abia Farmers Globally Visible – Agric Firm

2025/06/29
Marginal Field Awardees: NUPRC Restates Commitment To Transparency Culture
Business

Oil Prices Plunge 6% As Middle East Ceasefire Eases Supply Fears

2025/06/29
New Afreximbank President To Restructure African Trade
Business

New Afreximbank President To Restructure African Trade

2025/06/29
Oyetola
Business

Federal Gov’t Launches Life-jacket Safety Initiative

2025/06/29
Tech Scholar To Drive Academic Vision As OAU’s New DVC
Business

Tech Scholar To Drive Academic Vision As OAU’s New DVC

2025/06/29
MONEY MARKET: Assessing Customers’ Losses To Fraudsters Through Digital Banking
Business

Cybercrime: Half Of Victims Paid Ransom In 2025

2025/06/29
Leadership Conference advertisement

LATEST

Wike, Fubara, Amaewhule Make Public Appearance Together

NDDC Assures On Speedy Completion Of Gbaregolor-Ogulaha Road

We’re Making Abia Farmers Globally Visible – Agric Firm

FG Engages Stakeholders On Private Sector Growth, Business Reforms

Akwa Ibom Begins Clamp Down On Illegal Miners

SDP Will Not Form Alliance For 2027– Eluwa

Ohanaeze Urges Tinubu To Deploy Diplomacy For Kanu’s Release

President Federation Cup: Kwara United’s Victory Excites Gov AbdulRazaq

Tinubu, Abbas Bag Teachers’ Awards For Educational Transformation

Al-Habibiyyah Advocates Waqf As Solution To Societal Issues

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.