ICAG ORGANIZES SECOND INDUCTION COURSE FOR 265 NEWLY-QUALIFIED CHARTERED ACCOUNTANTS

An induction course to prepare 265 newly-qualified chartered accountants for the world of business is underway in Accra.

The two-day course, which is being organized by the Institute of Chartered Accountants, Ghana (ICAG), is the second in the year 2016.

Speaking at the opening ceremony in Accra, yesterday, Mr Justice V.C.R.A.C. Crabbe, a former Justice of the Supreme Court of Ghana and Guest Speaker, admonished accountants to see themselves as the ultimate judges of the competency of the Auditor-General of Ghana.

This, Mr Justice Crabbe said, meant that it was the responsibility of accountants to ensure that the general accountability of the accounting records and statements of Ghana were accurate and fair.

He said while Article 187 (2) of the 1992 Constitution of Ghana placed grave responsibility on the Auditor General, the responsibility to ensure the integrity of the accounts of the Office of the Auditor-General Ghana rested on accountants by virtue of Clause 15 of Article 187, which requested Parliament to appoint an auditor to audit the accounts of the Office of the Auditor-General.

Mr Justice Crabbe, therefore, called on accountants and ICAG not to shirk this responsibility, but to see it as an opportunity to ensure that the country’s financial affairs were in a healthy state.

In a welcome statement, Mr Christian Sottie, President, ICAG, noted that society looked up to accountants and ICAG to provide leadership in financial management.

Mr Sottie reminded accountants of their responsibilities to investors, to society and to the highest standards of professional probity and competence.

He, therefore, stressed the need for all professional accountants to undertake their duties with professionalism, responsibility, accountability and ethics.

He said in performing their duties, accountants should be guided by the principles of good corporate governance, effective internal control, proper risk assessment and professional and business ethics, adding that anytime codes of ethics were breached in the performance of their duties as accountants, professional integrity suffered, thereby affecting individual and institutional reputation.

Source: Government of Ghana