Dike Onwuamaeze
The Institute of Chartered Accountants of Nigeria (ICAN), last week inducted 1,888 new chartered accountants and welcomed them into the accountancy profession.
The 59th President of ICAN, Dr. Innocent Okwuosa, who officiated over the induction ceremony, told the inductees that by “the powers conferred on him by the ICAN Act No. 15 of 1965, as well as the authority vested in me by the governing council of the institute, I now admit you all into membership of the accountancy profession.
“Congratulations to you all once again and I formally welcome you to the membership of an exciting profession and wish you success in your career.”
Okwuosa told the inductees that he was delighted to welcome them to this occasion of the 72nd Professional Induction of ICAN and extended his “heartfelt congratulations to the 1,888 inductees on the attainment of this significant milestone in their professional career, and I wish you all a more rewarding and successful career in the noble accounting profession.
“At the end of this induction ceremony, you will be joining the over 60,000 professional accountants of the institute to bring our total membership to 61,967.
“It gives me great pleasure to let you all know that from this day, you will also become part of millions of professional accountants globally, under the umbrella of the International Federation of Accountants (IFAC). Also, you would become members of Chartered Accountants Worldwide (CAW), Pan-African Federation of Accountants (PAFA) and the Association of Accounting Bodies of West Africa (ABWA).
“Your induction today marks a pivotal milestone in your career journey—a culmination of dedication, perseverance, and rigorous professional pursuit that has qualified you to become part of a revered community that upholds the highest standards of professionalism, ethics, and integrity.”
Okwuosa, nevertheless, enjoined the inductees that they have the responsibility of playing a vital role in shaping the future of the accounting profession.
He said: “I urge you to place a premium on upholding the highest standards of ethics, honesty, and professionalism. Ethics, undoubtedly, stands as the bedrock of our profession. It is the moral compass that guides our actions and decisions, ensuring trust and credibility.
“As you embark on your professional journey, I urge each one of you to prioritise ethics and integrity above all else. In an ever-changing world, where challenges are complex and solutions are not always clear-cut, it is crucial that you uphold the highest standards of ‘Accuracy and Integrity.”
“These virtues are not just ideals but the fundamental pillars upon which our profession stands.”
