Sunday, November 23, 2008

INSTITUTE OF CHARTERED ACCOUNTANTS (GHANA)LAUNCHES ITS MANUAL


The Institute of Chartered accountants (Ghana) has launched the study manuals of the institute’s syllabus in Accra. The manuals are expected to address the needs of students in particular and accountancy students in general. Speaking at the launch, the President of the Institute Mrs. Cecilia Nyann said the manuals even though it addresses the peculiarities in terms of law relating to taxation, company and business law in Ghana are also written in line with the international financial reporting and public sector accounting and auditing standards as required by the International Federation of Accountants of which ICA (Ghana) they are member. “Hitherto students have had to read a number of books to prepare for a particular subject written with a particular social setting in mind, this resulted in low passes”. The low numbers have had repercussions in the economy because you find unqualified Accountants manning key positions in the country. “As the economy grows there is the need for more professional Accountants and this is one of the key reasons of producing the manual”. She said the institute’s efforts at producing the manual that is Financial Management Strategy, Accounting Foundation 1.1, Strategic Management and Cooperate Reporting Strategy was a step in the right direction. Mrs. Nyann entreated students and Accounting students to patronize the book. She showed appreciation to Writers, Reviewers and all who contribute to the publication of the manual.

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