ICAN President Mazi Nnamdi Okwuadigbo, FCA recently paid courtesy visits to two Federal Polytechnics located in Maiduguri, Borno and Ilaro, Ogun State in line with the Institute’s policy to keep in touch with notable academic stakeholders. The president used the opportunity of the visits to underscore the benefits of ICAN accreditation to accounting departments of tertiary institutions in Nigeria.
At the Federal Polytechnic Ilaro, the President commended the Institution for securing the highest level of accreditation of its programmes under the ICAN Mutual Cooperation Agreement with Tertiary Institutions (MCATI), pointing out that graduates of the polytechnic would be exempted from the Foundations and Skills Levels of ICAN professional examinations. He said that ICAN accreditation also qualifies graduates of the tertiary institutions for various schemes such as “commissioned Research and Ph.D Research grants of a maximum of N1million ICAN Scholarship Awards in different categories.
At the Ramat Polytechnic, Maiduguri, the president implored the management of the institution to revalidate its ICAN accreditation which granted graduates of the polytechnic seven-subject exemptions from ICAN qualifying examination but which lapsed in 2014 to enable them to continue to benefit from the ICAN seal of approval. He said ICAN would be willing to partner with Ramat Polytechnic in training Accounting, Finance and Bursary staff in the Polytechnic and other staff in other allied disciplines to enhance their competences.
Some other areas ICAN is contributing to Accounting Education and Accounting Research, according to the President include: Appointment of senior academics on sabbatical/research leave to compliment ICAN’s Research Department’s capability. Publishing of a high-quality academic journal, ICAN Journal of Accounting & Finance, which provides a publication outlet for rigorously researched papers.