Jump to content

Association of National Accountants of Nigeria: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
Joluata (talk | contribs)
→‎References: I added the publication from IASplus to inform readers on the status of IFRS in Nigeria.Also included are references on ANAN membership in XBRL international and its work with CITN to promote same in Nigeria, and then about IAAER
Line 195: Line 195:
|date=11 March 2010
|date=11 March 2010
|accessdate=2011-05-30}}</ref>
|accessdate=2011-05-30}}</ref>
}}[[http://search.yahoo.com/r/_ylt=A0oG7nzc4.lN0xMAEXZXNyoA;_ylu=X3oDMTBzcjczNDJyBHNlYwNzcgRwb3MDNDkEY29sbwNhYzIEdnRpZAM-/SIG=11u1eokd1/EXP=1307195452/**http%3a//www.iasplus.com/country/nigeria.htm]]s]][[User:Joluata|Joluata]] ([[User talk:Joluata|talk]]) 08:46, 4 June 2011 (UTC)
}}
<ref>http://search.yahoo.com/r/_ylt=A0oG7nzT7OlN5msAYfVXNyoA;_ylu=X3oDMTByMTNuNTZzBHNlYwNzcgRwb3MDMgRjb2xvA2FjMgR2dGlkAw--/SIG=11rta601b/EXP=1307197747/**http%3a//xbrlplanet.org/wp/%3fpage_id=441</ref>[[User:Joluata|Joluata]] ([[User talk:Joluata|talk]]) 08:46, 4 June 2011 (UTC)
<ref>http://search.yahoo.com/r/_ylt=A0oG7nzT7OlN5msAaPVXNyoA;_ylu=X3oDMTByc2FtNTRpBHNlYwNzcgRwb3MDNgRjb2xvA2FjMgR2dGlkAw--/SIG=11strs9bb/EXP=1307197747/**http%3a//www.xbrl.org/viewmem.aspx%3fid=-1</ref>[[User:Joluata|Joluata]] ([[User talk:Joluata|talk]]) 08:46, 4 June 2011 (UTC)
<ref>http://www.iaaer.org/publications/files/cosmos2009vol21no1.pdf</ref>[[User:Joluata|Joluata]] ([[User talk:Joluata|talk]]) 08:46, 4 June 2011 (UTC)


[[Category:Economy of Nigeria]]
[[Category:Economy of Nigeria]]
[[Category:Professional accountancy bodies]]
[[Category:Professional accountancy bodie[[Category:Organizations established in 1979]]
[[Category:Organizations established in 1979]]

Revision as of 08:46, 4 June 2011

Association of National Accountants of Nigeria
Formation1979
TypeProfessional association
PurposeEncourage professionalism in accountancy in Nigeria
HeadquartersLagos, Nigeria
Official language
English
President
Maryam Ladi Ibrahim
Websitehttp://www.anan.org.ng/

The Association of National Accountants of Nigeria (ANAN) is one of the two professional accountancy associations with regulatory authority in Nigeria, the other being the Institute of Chartered Accountants of Nigeria (ICAN).[1]

ANAN was founded on 1 January 1979 and was incorporated on 28 September 1983. The Association was chartered on 25 August 1993 by Decree 76 of 1993. As of December 2007 ANAN had total membership of 10,260.[2] A consultant offering financial services in Nigeria must be a member of either ANAN or ICAN.[3]

Educational activities

Both ANAN and its rival ICAN, as well as the CITN (Chartered Institute of Taxation of Nigeria), have been criticized for not providing enough training to members at subsidized rates.[4] However, ANAN operates a training school for accountants in Jos, Plateau State.[5] At a ceremony in March 2006 the President of ANAN, Professor E. R. Iwok, laid the foundation stone of an ultra-modern auditorium for the Nigerian College of Accountancy. He said that ANAN planned to build the leading accountancy campus in Africa and to make Jos the Mecca of the accountancy profession.[6] As of March 2011 the college, which was attracting growing numbers of students from other countries in Africa, was still operating out of temporary facilities. The only buildings completed at the permanent site were two large examination halls with capacity of 3,000.[7]

Competing organizations

The government had given ANAN the authority needed to compete with ICAN, and by 1994 the two organizations were fighting for control of the Chartered Accountants profession. [8] In 2002 the ICAN applied to the courts to disqualify and/or bar Mr Clement Akpamgbo from representing ANAN, and the matter was referred to a lower court. ANAN appealed the decision, but the appeal was dismissed for lack of merit.[9] In November 2007 a Federal High Court in Lagos dismissed a suit by ICAN requesting the court to declare that the decree establishing ANAN was void.[10]

In March 2009, ANAN President Dr Samuel Nzekwe rejected an attempt by ICAN to set auditing standards for its members. He said that the Nigerian Accounting Standards Board (NASB) Act 2003 said that only the board could set standards for the accounting profession.[11] In June 2010 Mr. Godson Nnadi, Executive Secretary of Nigeria Accounting Standards Board, spoke in favor of a new body to set accounting and auditing standards for Nigeria and other African nations. The new body would be independent of both ANAN and ICAN.[12]

In May 2008 the House of Representatives rejected a bill to establish the Chartered Institute of Management Accountants of Nigeria (CIMA) as an alternative to both the ANAN and ICAN. The House was concerned about proliferation of accounting bodies.[13] In December 2009 were delays in passage by the Senate of bills on the Institute of Chartered Public Accountants (CPA) and the Chartered Institute of Management and Cost Accountants (CIMCA).[5] The bills had been approved by both houses during the administration of President Olusegun Obasanjo, but he had failed to sign them into law before the end of his term. As a result, President Umaru Yar'Adua had to resubmit the bills when he took office in 2007.[14] ANAN did not object to the new organizations but ICAN expressed concerns on the grounds of proliferation.[5]

News events

Speaking in August 2009, the ANAN President Mrs. Iyamida Gafa criticized the recent dismissal of the heads of five banks as being selective, with just five scapegoats. Saying that the problems were more widespread, she also advocated more frequent rotation of accountants and auditors between banks to prevent them from getting too close to management.[15]

In September 2009 it was alleged that the Comptroller General of the Nigerian Customs Service, Abdullahi Inde Dikko, had obtained a fake West African Examinations Council (WAEC) certificate dated 1980. It was said that when ICAN discovered the fake, Dikko abandoned an attempt to become a fellow of ICAN and instead opted for ANAN membership.[16] These allegations were later proven false, and the police declared Dikko's accuser Olajide Ibrahim wanted for making false allegations.[17] In October 2010 President Goodluck Jonathan spoke at the Annual National Conference of ANAN. He challenged his audience to champion transparency and fight corruption by refusing to allow manipulation of accounting records and processes for corrupt purposes.[18]

The ANAN donated a research center to the Nasarawa State University, Keffi, which was opened in May 2011, possibly the first donation of this type in Nigeria. The purpose of research would be to find ways to ensure that the Accountancy profession meets its goals in effective public and private sector service delivery.[19] On 29 April 2011 the first female auditor-general of Kogi State, Maryam Ladi-Ibrahim, succeeded Iyamide Gafar as ANAN President.[20]

References

  1. ^ Yushau Abdulhameed Shuaib. "MEMBERSHIP OF PROFESSIONAL BODIES". Retrieved 2011-05-30.
  2. ^ "NIA STRENGTHENS INTERNATIONAL TIES WITH NIGERIAN ACCOUNTING BODY" (PDF). Institute of Public Accountants. 18 November 2010. Retrieved 2011-05-30.
  3. ^ Barry Curnow, Jonathan Reuvid (2003). The International Guide to Management Consultancy: The Evolution, Practice and Structure of Management Consultancy Worldwide, Volume 1. Kogan Page Publishers. ISBN 0749440791.
  4. ^ IHEANYI NWACHUKWU (19 MAY 2011). "ICAN, CITN agree to down divide". Business Day (Nigeria). Retrieved 2011-05-30. {{cite journal}}: Check date values in: |date= (help)
  5. ^ a b c Mike Odiakose (6 December 2009). "Senate and Politics of Accounting Bodies". Daily Champion. Retrieved 2011-05-30.
  6. ^ Moses Ezulike (13 March 2006). "ANAN to Build Accountancy Village". Daily Champion. Retrieved 2011-05-30.
  7. ^ Raymond Gukas (17 March 2011). "Anan Expresses Satisfaction With Foreign Students in NCA". Daily Champion. Retrieved 2011-05-30.
  8. ^ Cheryl R. Lehman (2004). Re-Inventing Realities. Emerald Group Publishing. p. 23. ISBN 0762311541.
  9. ^ "ANAN's Appeal Against ICAN Suffers Setback". Daily Champion. 25 June 2002. Retrieved 2011-05-30.
  10. ^ Mohammed Shosanya (23 November 2007). "ICAN Loses Bid to Void ANAN". Daily Trust.
  11. ^ Adelanwa Bamgboye (29 March 2009). "Anan Faults Ican on Audit Standards". Daily Trust. Retrieved 2011-05-30.
  12. ^ Peter Egwuatu (28 June 2010). "NASB Clamours for Independent Regulation of Financial Reporting". Vanguard (Nigeria). Retrieved 2011-05-30.
  13. ^ Stanley Nkwazema (15 May 2008). "House Halts Proliferation of Accounting Bodies". ThisDay. Retrieved 2011-05-30.
  14. ^ Mike Odiakose (11 March 2010). "Time For Senate to Revisit Bills On Accounting Bodies in Nigeria". Daily Independent. Retrieved 2011-05-30.
  15. ^ Peter Duru (AUGUST 22, 2009). "ANAN President condemns sack of Bank CEOs". Vanguard (Nigeria). Retrieved 2011-05-30. {{cite journal}}: Check date values in: |date= (help)
  16. ^ "Scandal Puts Customs Boss on the Brink". The Daily Independent (Lagos). 9 September 2009. Retrieved 2011-05-30.
  17. ^ Annete Oghenerhaboke (30 May 2010). "The Hunter Now the Hunted". Newswatch (Nigeria). Retrieved 2011-05-30.
  18. ^ Odidison Omankhanlen (18 October 2010). "National accounting models: Jonathan seeks accountants' support". Nigerian Tribune. Retrieved 2011-05-30.
  19. ^ UMAR MUHAMMED (May 26, 2011). "Accounting body donates research centre to university". Next (Nigeria). Retrieved 2011-05-30.
  20. ^ "First female auditor-general inaugurated as new ANAN president". Business Day. 03 MAY 2011. Retrieved 2011-05-30. {{cite journal}}: Check date values in: |date= (help)

[[1]]s]]Joluata (talk) 08:46, 4 June 2011 (UTC)

[1]Joluata (talk) 08:46, 4 June 2011 (UTC) [2]Joluata (talk) 08:46, 4 June 2011 (UTC) [3]Joluata (talk) 08:46, 4 June 2011 (UTC) [[Category:Professional accountancy bodie