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ICAN has based its practices on those of British chartered accountancy institutes. Nigeria adopted international accounting standards with little modification. [5] It is a member of the International Accounting Standards Committee (IASC) and periodically adopts its standards.
ANAN is also a member of the Financial Reporting Council of Nigeria (FRCN), which sets accounting standards for the country. [6] Both ANAN and ICAN nominate two members to the NASB board. [4] ANAN is an institutional member of the International Association for Accounting Education & Research (IAAER). [7]
The Institute of Chartered Accountants of Nepal (ICAN) was established under a special act, The Nepal Chartered Accountants Act, 1997 to enhance social recognition and faith of people at large in the accounting profession by raising public awareness towards the importance of accounting profession as well as towards economic and social responsibility of the accountants, and to contribute ...
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. [citation needed] ICAN is a member of the International Federation of Accountants (IFAC). [1]
NASB was established in 1982 as a private sector initiative closely associated with the Institute of Chartered Accountants of Nigeria (ICAN). NASB became a government agency in 1992, reporting to the Federal Minister of Commerce. The Nigerian Accounting Standards Board Act of 2003 provided the legal framework under which NASB set accounting ...
Accounting Standards Board [5] Malaysia. Malaysian Accounting Standards Board [6] Malta. Maltese Accountancy Board [7] New Zealand. Accounting Standards Review Board [8] Nigeria. Institution of Chartered Accountants of Nigeria (ICAN) Association of National Accountants of Nigeria (ANAN) Pakistan. The Institute of Certified General Accountants ...
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