Institute Of Chartered Accountants Of Namibia
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Institute Of Chartered Accountants Of Namibia
The Institute of Chartered Accountants of Namibia (ICAN) is a professional accountancy body in Namibia. It is the sole organisation in Namibia with the right to award the Chartered Accountant designation. ICAN is a member of the International Federation of Accountants (IFAC). ICAN was a charter member of the Pan African Federation of Accountants The Pan African Federation of Accountants (PAFA) is the regional body that is aimed to represent African professional accountants with one and louder voice, particularly in relating with International Federation of Accountants (IFAC). It was inaug ..., which was inaugurated on 5 May 2011. References External linksOfficial homepage {{IFAC Members Member bodies of the International Federation of Accountants ...
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Accountancy
Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms. Accounting can be divided into several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers; and management accounting focuses on the measurement, an ...
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Namibia
Namibia (, ), officially the Republic of Namibia, is a country in Southern Africa. Its western border is the Atlantic Ocean. It shares land borders with Zambia and Angola to the north, Botswana to the east and South Africa to the south and east. Although Kazungula, it does not border Zimbabwe, less than 200 metres (660 feet) of the Botswanan right bank of the Zambezi, Zambezi River separates the two countries. Namibia gained independence from South Africa on 21 March 1990, following the Namibian War of Independence. Its capital and largest city is Windhoek. Namibia is a member state of the United Nations (UN), the Southern African Development Community (SADC), the African Union (AU) and the Commonwealth of Nations. The driest country in sub-Saharan Africa, Namibia has been inhabited since pre-historic times by the San people, San, Damara people, Damara and Nama people. Around the 14th century, immigration, immigrating Bantu peoples arrived as part of the Bantu expansion. Since ...
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International Federation Of Accountants
The International Federation of Accountants (IFAC) is the global advocacy organization for the accountancy profession; mainly for the financial accounting and auditing professions. Founded in 1977, IFAC has more than 175 members and associates in more than 130 countries and jurisdictions, representing more than 3 million accountants employed in public practice, industry and commerce, government, and academia. The organization supports the development, adoption, and implementation of international standards for accounting education, ethics, and the public sector as well as audit and assurance. It supports four independent standard-setting boards, which establish international standards on ethics, auditing and assurance, accounting education, and public sector accounting. It also issues guidance to encourage high-quality performance by professional accountants in small and medium business accounting practices. To ensure the activities of IFAC and the independent standard-setting ...
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Pan African Federation Of Accountants
The Pan African Federation of Accountants (PAFA) is the regional body that is aimed to represent African professional accountants with one and louder voice, particularly in relating with International Federation of Accountants (IFAC). It was inaugurated in Dakar, Senegal on 5 May 2011. Inauguration The first president, elected at the inaugural meeting in Dakar, Senegal, was Major General Sebastian Achulike Owuama. Owuama is also president of the Institute of Chartered Accountants of Nigeria and of the Association of Accountancy Bodies in West Africa. Dr. Mussa J. Assad of the National Board of Accountants and Auditors in Tanzania was named vice president. The South African Institute of Chartered Accountants in Johannesburg hosts the PAFA Secretariat. Membership At time of launch, members were: *Benin *Botswana – BICA *Burkina Faso ONECCA-BF *Burundi – OPC *Cameroon *Congo Brazzaville *Democratic Republic of Congo – IDRC *Ethiopia – EPAAA *Gambia *Ghana – I ...
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