Technology, Key Growth Driver in Accounting Profession’


Ugo Aliogo, and Nofisat Malik

The Vice President of the Institute of Chartered Accountants of Nigeria (ICAN), Alhaji Razaq Jaiyeola, has described technology as a key driver for growth in the accounting profession.

He therefore urged accountants to employ the use of technology in their daily activities to promote efficiency and better practice.

Jaiyeola, who made the remark at the First Reunion Dinner of the Cooper and Lybrand Alumni in Lagos, stressed that technology would help accountants to attain greater height and be abreast with the latest developments in the profession.

He noted that digital platforms such as the big data, internet of things, artificial intelligence and robotics were influencing the profession.

The ICAN VP expressed delight over the alumni reunion dinner, noting that it serves as a medium of motivation for the younger ones to keep with abreast of the development in the profession in order to improve on their skills and try to attain greater heights.

In his remarks, the Convener of the alumni, Folaranmi Odunayo, said the event was aimed at reuniting alumni with former colleagues and friends of coopers, re-live memories, dine together, share contact information and keep closer relationship thereafter.

Odunayo further stated that the idea of the dinner was birthed after the establishment on January 3, of a coopers and Lybrand alumni forum on the Whatsapp platform, adding that the membership has grown very quickly and there are about 150 members on the platform.