Business
ICAN Inducts 672 Members
The newly inducted 672 members of the Institute of Chartered Accountants of Nigeria (ICAN) have been advised to imbibe integrity and diligence in their professional dealings.
ICAN President,Mr Adedoyin Owolabi, gave the advice during the institute’s 51st Induction Ceremony of new members in Lagos on Tuesday.
Owolabi reiterated the need for the newly inducted ICAN members to conform to internationally acceptable standards in the course of their professional practice.
He said that they should not compromise the noble ideals of the accounting profession for monetary or other forms of illegitimate gains.
Adedoyin advised the new members to take advantage of the institute’s technical faculties to improve on their expertise.
“I enjoin you to strive to belong to at least one of our six faculties in order to sharpen your skills.
“Accountants that acquire new skills these days do not risk losing their relevance due to market dynamics.
“For you to continue to remain relevant in the scheme of things, it is imperative to participate in programmes offered in our faculties,” he said.
Chairman, Omolayole and Associates, an accounting firm, Dr Michael Omolayole, said that diligence was paramount in the pursuit of success. “As you move into the field of professional practitioners, you will acquire experience through your own mistakes and the ones made by others. “Diligence in your work will go a long way in getting you along the pathway of success,“ he said.
Omolayole said that integrity was the most important personal attribute required of any professional, adding that a professional is nothing without integrity.