ICAN Accountability Index for all States in Nigeria 2019, plus download link – PensionNigeria

ICAN Accountability Index for all States in Nigeria 2019, plus download link

The Institute of Chartered Accountants of Nigeria (ICAN) has released its Accountability Index (AI) for all States in Nigeria for the 2019 Assessment Report (for the 2018 Fiscal Year).

The Institute of Chartered Accountants of Nigeria Accountability Index (ICAN-AI) is a framework for assessing public finance management and public governance practices across the three tiers of the nation’s public sector.

In developing the ICAN-AI, credibility was considered of great essence and as such the entire process was guided by the Fundamental Principles of the Accounting profession as contained in the ICAN Professional Code of Conduct for members and also by Section 23 of the 1999 Constitution of the Federal Republic of Nigeria (as amended) that deals with National Ethics as well as Section 162-168 on how revenue and expenditure are to be defrayed as well as other extant PFM legislations in Nigeria.

In context, the ICAN-AI initiative is not an inquisition, but a tool designed to modify both the overt and the covert behaviour of those charged with governance and accountability, induce reforms, healthy competition between and among States, empower citizens and ensure continuous improvements in Public Finance Management (PFM) systems and accountability in Nigeria in line with global best practices.

You can download the full report here in pdf

error: Content is protected.