The Institute of Forensic Accountants is a professional body representing and providing professional certification for

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 ...

s in

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 o ...

. 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 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 ...

. The institute also has regional offices in

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 Plann ...

, Kano,

Jos Jos is a city in the north central region of Nigeria. The city has a population of about 900,000 residents based on the 2006 census. Popularly called "J-Town", it is the administrative capital and largest city of Plateau State. During British ...

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 sought for written permission for the establishment of the institute from the Nigerian Federal Ministry of Education's and the Nigerian Federal Ministry of Justice. These approvals were given by Nigerian Federal Ministry of Education and Nigerian Federal Ministry of Justice in November 2006 and February 2007 respectively. On 9 March 2007, the Certificate of establishment of the institute was issued thereby making it a forensic accounting educational institute in Nigeria.

Membership

The membership of the institute consists of two grades: * Associate member, which bears 'Certified Forensic Accountant' (CFA) * Fellow member which bears 'Fellow of Forensic Accountant' (FFA) To be admitted as an Associate, a candidate must have completed a period of qualifying practice of at least three years and passed the institute’s qualifying examinations. To be a Fellow, a candidate must have CFA and in addition with post-qualification experience of not less than five years.

References

External links

* {{Official website, http://www.ifa.org.ng Professional associations based in Nigeria Professional accounting bodies Accounting in Nigeria