IFAC announces CPA Ireland and the Association of National Accountants of Nigeria Partnership to Focus on Accountancy Training, Examination Systems
Press release by IFAC - CPA Ireland and the Association of National Accountants of Nigeria Partnership to Focus on Accountancy Training, Examination Systems
The International Federation of Accountants® (IFAC®) today announced the selection of Certified Public Accountants Ireland (CPA Ireland) to partner with the Association of National Accountants of Nigeria (ANAN) and its training arm, the Nigerian College of Accountancy (NCA), to review and strengthen its study materials and examination processes.
NCA is a postgraduate professional college established in 1994. It is responsible for determining the standards of knowledge and skills needed by potential ANAN members and promoting the highest standards of competence, practice, and conduct. NCA provides tuition to 1,000 full-time residential students every year, as well as to part-time students through its mature students program.
In working with ANAN, CPA Ireland will review, update, and make recommendations for ongoing maintenance to the syllabus, study materials, and examination for NCA's professional and conversion programs.
"CPA Ireland is no stranger to the accountancy profession in Nigeria, having worked with ANAN on a number of projects in recent years," said Eamonn Siggins, CPA Ireland Chief Executive. "We have a strong understanding of ANAN, its position in the accountancy profession in Nigeria, and the Nigerian profession. We look forward to continuing our strong relationship with ANAN through this partnership to advance accountancy education."
"Working with CPA Ireland to strengthen their training and examination will help NCA elevate their accountancy education in line with good practice, and position them to make a strong contribution to building public sector accountancy capacity as well as attract increasing numbers of students," said Alta Prinsloo, IFAC Executive Director, Strategy, and Chief Operating Officer.
In 2014, IFAC received almost £5 million from the UK Department for International Development (DFID) to fund PAO capacity building in ten emerging countries over seven years. CPA Ireland joins other global accountancy organizations that have been selected to develop the profession in specific nations. Each partner organization was selected following global Calls for Expressions of Interest and an extensive proposal and review process involving multiple global organizations and the IFAC PAO Capacity Building Program Oversight Committee and Independent Selection Panel. Work stemming from these partnerships are currently underway in Ghana, Rwanda, Uganda, and Zimbabwe and a planned project in Kyrgyzstan is in development.