Business
Nigerian Accountancy Books, Necessity -Author
A renowned accountant and author, Mr Olumuyiwa Sosanya says his book “Revolution of Accountancy Profession in Nigeria: History of the Association of National Accountants of Nigeria (ANAN)”, is a child of necessity.
He said this in a statement on Monday in Abuja, adding that the book provides useful insights on what led to the struggle for the liberalisation of the accountancy profession.
Report says that the revised edition of the book would be presented to the public on Thursday, at the Shehu Musa Yar’Adua Centre, Abuja.
According to the author, Vice President Yemi Osinbajo is expected to deliver the keynote address, while the chief host is Gen. Ibrahim Badamasi Babangida (rtd).
According to Sosanya, a former Lagos State Governor, Sen. Bola Tinubu will chair the occasion, while former Head of State, Gen. Abdulsalam Abubakar (rtd) will serve as the special guest of honour.
An excerpt of the book reads: “The event of the November 6, 1978, when three men in persons of Olalere Kolawole, Iyiola Odefisayo and Olumuyiwa Sosanya met at the latter’s residence in Yaba, Lagos, was not connected with war matters.
“It was to discuss and find solutions to the parochial and deliberate restrictive policies, which were inimical to the accountancy profession in Nigeria.
“It was a revolution in the accountancy profession in Nigeria. Revolution is not always about gun-wielding militants and fire-spitting ideological demagogues.
“Our own revolution was resonating thinking that elicit ideas.”
Sosanya said that the trio resolved to formally launch on January 1, 1979, a virile home-grown accountancy body, which would provide a path to a recognised professional qualification, which was of the highest international standard.
He added that they were determined that such a body should be open to all men and women solely on the basis of education and ability.
Reports say that the book is to be reviewed by Mr Segun Ayobolu, columnist and member, Editorial Board of a Lagos-based newspaper, The Nation.