Institute Of Forensic Accountants
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Institute Of Forensic Accountants
The Institute of Forensic Accountants is a professional body representing and providing professional certification for forensic accountants in Nigeria. As of September 2015 it had 4,300 members and 1,800 registered students. The institute was established in March 2007 to regulate the profession of forensic accountancy in Nigeria. The head office of the institute is in Kaduna. The institute also has regional offices in Abuja, Kano, Jos and Port Harcourt. History The institute was established in 2007 under the Corporate Affairs Commission, Nigeria. The establishment process of the institute started in 2006, but because of the complex nature of forensic accounting, on 28 November 2006 the Corporate Affairs Commission Corporate Affairs Commission is a body of the Nigerian Government responsible for the regulation and management of companies in Nigeria. It was introduced in 1990 with the passing of the Companies and Allied Matters Act. It is headed by a chairman a ..., Nigeria sou ...
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Professional Body
A professional association (also called a professional body, professional organization, or professional society) usually seeks to further a particular profession, the interests of individuals and organisations engaged in that profession, and the public interest. In the United States, such an association is typically a nonprofit business league for tax purposes. Roles The roles of professional associations have been variously defined: "A group, of people in a learned occupation who are entrusted with maintaining control or oversight of the legitimate practice of the occupation;" also a body acting "to safeguard the public interest;" organizations which "represent the interest of the professional practitioners," and so "act to maintain their own privileged and powerful position as a controlling body." Professional associations are ill defined although often have commonality in purpose and activities. In the UK, the Science Council defines a professional body as "an organisation wi ...
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Forensic Accountant
Forensic accountants are experienced auditors, accountants, and investigators of legal and financial documents that are hired to look into possible suspicions of fraudulent activity within a company; or are hired by a company who may just want to prevent fraudulent activities from occurring. They also provide services in areas such as accounting, antitrust, damages, analysis, valuation, and general consulting. Forensic accountants have also been used in divorces, bankruptcy, insurance claims, personal injury claims, fraudulent claims, construction, royalty audits, and tracking terrorism by investigating financial records. Many forensic accountants work closely with law enforcement personnel and lawyers during investigations and often appear as expert witnesses during trials. Tasks performed Forensic accounting or forensic accountancy has been used since the time of the ancient Egyptians when Pharaoh had scribes account for his gold and other assets. These scribes worked in Pharaoh' ...
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Nigeria
Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean. It covers an area of , and with a population of over 225 million, it is the most populous country in Africa, and the world's sixth-most populous country. Nigeria borders Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Nigeria is a federal republic comprising of 36 states and the Federal Capital Territory, where the capital, Abuja, is located. The largest city in Nigeria is Lagos, one of the largest metropolitan areas in the world and the second-largest in Africa. Nigeria has been home to several indigenous pre-colonial states and kingdoms since the second millennium BC, with the Nok civilization in the 15th century BC, marking the first ...
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Kaduna
Kaduna is the capital city of Kaduna State, and the former political capital of Northern Region, Nigeria, Northern Nigeria. It is located in north-western Nigeria, on the Kaduna River. It is a trade Centre and a major transportation hub as the gateway to northern Nigeria, with its rail and important road network. The population of Kaduna was at 760,084 as of the 2006 Nigerian census. Rapid urbanization since 2005 has created an increasingly large population, now estimated to be around 1.3 million. The project population of people in Kaduna state as at 2021 is 8.9 million people. Etymology The etymology of the word ''Kaduna'' is said to be a corruption of the Hausa word for "crocodiles", ''Kaddani'' in the Hausa language (''kaduna'' being the plural form). Another version of the name proposes a link to the Gbagyi language, Gbagyi word/name 'Odna', meaning 'river'. History Kaduna was founded by British Empire, British colonists in 1900. The first British governor of Northern Nig ...
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Abuja
Abuja () is the capital and eighth most populous city of Nigeria. Situated at the centre of the country within the Federal Capital Territory (FCT), it is a planned city built mainly in the 1980s based on a master plan by International Planning Associates (IPA), a consortium of three American planning and architecture firms made up of Wallace, Roberts, McHarg & Todd (WRMT – a group of architects) as the lead, Archisystems International (a subsidiary of the Howard Hughes Corporation), and Planning Research Corporation. The Central Business District of Abuja was designed by Japanese architect Kenzo Tange. It replaced Lagos, the country's most populous city, as the capital on 12 December 1991. Abuja's geography is defined by Aso Rock, a monolith left by water erosion. The Presidential Complex, National Assembly, Supreme Court and much of the city extend to the south of the rock. Zuma Rock, a monolith, lies just north of the city on the expressway to Kaduna. At the 2006 ce ...
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Kano (city)
Kano (Ajami: كانو) is a city in northern Nigeria and the capital of Kano State. It is the second largest city in Nigeria after Lagos, with over four million citizens living within ; located in the Savanna, south of the Sahel, Kano is a major route of the trans-Saharan trade. The city has been a trade and human settlement for millennia. It is the traditional state of the Dabo dynasty who since the 19th century have ruled as emirs over the city-state. Kano Emirate Council is the current traditional institution inside the city boundaries of Kano, and under the authority of the Government of Kano State. The city is one of the medieval Hausa seven kingdoms and the principal inhabitants of the city are the Hausa people. Centuries before British colonization, Kano was strongly cosmopolitan with settled populations of Arab, Berber, Tuareg, Kanuri and Fula and remains so with the Hausa language spoken as a lingua-franca by over 70 million speakers in the region. Islam arrived i ...
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Corporate Affairs Commission, Nigeria
The Corporate Affairs Commission (CAC) of Nigeria was established in 1990 vide Companies and Allied Matters Act no 1 (CAMA) 1990 as amended, now on Act cap C20 Laws of Federation of Nigeria. Its establishment, structure, and funding are now governed by the Companies and Allied Matters Act 2020 It is an autonomous body charged with the responsibility to regulate the formation and management of companies in Nigeria. It carries out its functions through accredited members of Association of National Accountants of Nigeria, Institute of Chartered Accountants of NigeriaInstitute of Chartered Secretaries and Administrators of Nigeria(ICSAN), and the Nigerian Bar Association (NBA). It is headed by a Registrar-General. Prior to the enactment of CAMA, these activities were carried on under the Companies Act 1968. (CA 1948) Membership The commission is made up of 10 members each representing the respective stakeholders, the board members are * The chairman - Ademola Seriki * The Registrar-Ge ...
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Nigerian Federal Ministry Of Education
The Federal Ministry of Education is a part of the Federal Ministries of Nigeria that directs education in Nigeria. It is located at Block 5A (8th Floor), Federal Secretariat Complex, Shehu Shagari Way, Central Area, P.M.B. 146, Garki, Abuja. History President Muhammadu Buhari appointed Adamu Adamu, a well-known journalist as the minister for education in November 2015. Mission "Our mission is to use education as a tool for fostering the development of all Nigerian citizens to their full potentials, in the promotion of a strong, democratic, egalitarian, prosperous, indivisible and indissoluble sovereign nation under God.” Organisation Its functions include: * Formulating a national policy on education. * Collecting and collating data for purposes of educational planning and financing. * Maintaining uniform standards of education throughout the country. * Controlling the quality of education in the country through the supervisory role of the Inspectorate Services Departme ...
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Nigerian Federal Ministry Of Justice
The Federal Ministry of Justice is the legal arm of the Federal Government of Nigeria, primarily concerned with bringing cases before the judiciary that are initiated or assumed by the government. The headquarters of the organisation are located in the Maitama district, Abuja. Organisation It is headed by the Attorney General of the federation who also serves as the Minister of Justice. The Attorney General is appointed by the President, and is assisted by a Permanent Secretary, who is a career civil servant. As of June 2019, the Attorney General is Abubakar Malami. The Permanent Secretary is Mrs Beatrice Jedy-Agba, OON, mni. Different departments in the ministry are responsible for: * Public prosecution, * Citizens rights, * Law reporting, * Finance and administration, * Planning, research and statistics, * Legal drafting, * International and comparative law, * Civil litigation, * Solicitors, * Human resource management and * Procurement. List of ministers * Taslim Elias, CF ...
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Professional Associations Based In Nigeria
A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and skills necessary to perform their specific role within that profession. In addition, most professionals are subject to strict codes of conduct, enshrining rigorous ethical and moral obligations. Professional standards of practice and ethics for a particular field are typically agreed upon and maintained through widely recognized professional associations, such as the IEEE. Some definitions of "professional" limit this term to those professions that serve some important aspect of public interest and the general good of society.Sullivan, William M. (2nd ed. 2005). ''Work and Integrity: The Crisis and Promise of Professionalism in America''. Jossey Bass.Gardner, Howard and Shulman, Lee S., The Professions in America Today: Crucial but Fragile. Da ...
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Professional Accounting Bodies
A professional accounting body is an organization or association of accountants in a particular jurisdiction. Usually a person needs to be a member of such professional body to hold out to the public of the jurisdiction as an accountant. The designations for qualified accountants vary from jurisdiction to jurisdiction, such as Cost and Management Accountant (CMA), Chartered Accountant (CA/ACA), Chartered Certified Accountant (CCA), Chartered Professional Accountant (CPA), Certified Public Accountant (CPA), Certified Practising Accountant (CPA), Chartered Management Accountant (ACMA), Certified Management Accountant (CMA), or Chartered Public Finance Accountant (CPFA). Some countries have a single professional accounting body (e.g. Brazil) while others have several. If there is more than one body, such bodies may or may not compete with each other; in some countries, professional accounting bodies are divided according to their field of activity. For example, India has two pr ...
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