• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, June 6, 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
12 months 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

BetKing Promotes Social Impact At NSF

BetKing Promotes Social Impact At NSF

10 hours ago
Sallah: UNYF felicitates with muslims, decries worsening living conditions

Oxfam Urges Nigerians To Embrace Responsible Plastic Use

11 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

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


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

BetKing Promotes Social Impact At NSF
Business

BetKing Promotes Social Impact At NSF

2025/06/06
Sallah: UNYF felicitates with muslims, decries worsening living conditions
Business

Oxfam Urges Nigerians To Embrace Responsible Plastic Use

2025/06/06
Airtel Expands Digital Ecosystem With In-App Shopping Platform
Business

Airtel Expands Digital Ecosystem With In-App Shopping Platform

2025/06/06
NES Demands Stakeholder Collaboration To Curb Plastic Pollution
Business

NES Demands Stakeholder Collaboration To Curb Plastic Pollution

2025/06/06
AFN Board Members Write Minister, Lament Crisis Under Okowa’s Leadership
Business

FG Reaffirms Global Leadership In Entrepreneurship At 2025 GEC

2025/06/06
CSOs Hail Komolafe’s ‘Giant Strides’ As NUPRC Boss
Business

2024 Bid Rounds Violated No Oil Licencing Guidelines – Komolafe

2025/06/06
Leadership Conference advertisement

LATEST

Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima

Makinde Advocates 6-year Single-term For Political Office Holders

Fire Guts Section Of Kano Phone Market On Eid Day

Hardship: El-Rufai, Amaechi Owe Nigerians Apology — Shehu Sani

Raphinha Named 2024/2025 La Liga Player Of The Season

Benue Gov’t Directs Residents To Vacate Flood-prone Areas

Gabriel Signs New Long-term Deal At Arsenal 

Diphtheria: 4,017 Persons Vaccinated As Death Toll Hits 10 In Imo

PICTORIAL: Gov Eno Visits Akpabio With 8 Govs, Others After Defection To APC

Defection: APC Welcomes Gov Eno, Assures Full Accommodation

© 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.