LASG tasks ICAN on international best practices to enhance socio-economic development

By Oluwatope Lawanson/Rukayat Moisemhe

The Lagos State Government has advised the Institute of Chartered Accountants of Nigeria (ICAN) to expose their members to international best practices and modern accounting processes in other to enhance socio-economic development in Nigeria. The Lagos Deputy Governor, Dr. Obafemi Hamzat, gave the advice at the unveiling of the new logo of ICAN on Wednesday at Oriental Hotel, Lekki, Lagos.

According to him, my advice is that your institute continues to expose your members to international best practices and modern accounting processes to identify errors and sharp practices such that we can enhance socio-economic development in Nigeria.
The Deputy Governor also charged ICAN that they must continue to excel in human capital development, service delivery, and the process of nation-building.

He said: Your members’ role in any organization should reflect the entire knowledge of control of financial policy, budget preparation, cost control, and most importantly prevent errors and frauds.

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Hamzat enjoined the Institute to synergies with government in proffering solutions to some economic challenges faced by the country.

“Your synergy with the government where you play an advisory role in proffering solutions to some of challenges that our economy is facing should be truly targeted by the institution.

“With this new logo, I am confident, that the leadership will constantly be aware of their new responsibilities and members will be charged to be more committed to preserving the integrity for which ICAN is known since it was founded 56 years ago.

“The unveiling of the new logo today will usher a new dawn to professionalism in Nigeria,” he said

Speaking, the ICAN President, Mrs. Comfort Olu-Eyitayo, said that with the unveiling of the new logo, the beginning of a new ICAN was poised at promoting professional excellence, deepening its advocacy, and facilitating accountability and transparency across the economy.

According to her, we are launching the Institute into an era of greater dynamism and deeper inclusiveness across generations

“We are here to celebrate the new face of ICAN for Greater Visibility and Impact.”

“With the unveiling of this new logo, we pledge to our members and other stakeholders, our unwavering commitment and greater positive impact towards nation-building,” she said.

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The President said with the complementary nature of the physical and virtual worlds, the Institute was equally rebranding and deepening its digital footprints.
She said that the Institute’s website is undergoing an overhaul to reflect the new reality and enhance its user-friendliness.
Olu-Eyitayo also added that the social media handles are undergoing a rebranding as well to ensure they provide up-to-date information to its numerous and diverse stakeholders.

“The unveiling is one of many rebranding initiatives of our Institute. The National Secretariat at Victoria Island is presently undergoing renovations intended to depict the “primary” position that we truly occupy.”
Earlier in his welcome remarks, Prof. Ahmed Kumshe, Registrar/Chief Executive ICAN, said the rebranding exercise offered the Institute an opportunity to deepen its differentiation, reach new target audiences, and achieve the stimulation it requires to create new growth, in an ever-evolving market.

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According to the Registrar, “It is also poised to preserve our legacy while keeping it young, fresh, trendy, and dynamically at the top in the industry.

He said “ICAN is continually evolving to keep it current and with a personality that appeals to our stakeholders.” (NAN)

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