OBJECTIVES AND FUNCTIONS

OBJECTIVES OF THE INSTITUTE

  1. Promote knowledge and the highest standard of professional and business conduct and ensure ethical members of the Institute in public and private sectors;
  2. Ensure attainment,maintenance and development of proffesional competences;
  3. Enhance quality of service offered by mambers of the institution;

FUNCTIONS OF THE INSTITUTE

  1. Issue and adopt International Acceptable Finance and Auditing Standard to promote their usage and make suitable adaptation where necessary;
  2. Regulate,conduct and supervise continuing proffesional education programmes and require any person registered under this Act to follow such programmes ;
  3. Establish or promote research and Institute journal for publication on the subject relating to accountancy,auditing,taxation and other related matter;
  4. foster collaboration between the Institute and other Institutions dealing with accounting,auditing and tax consultancy services;
  5. Establish and review a Code of Professional Conduct and Ethics;
  6. Ensure the members of the Institute maintain their professional standards;;
  7. Publish,keep and maintain the register of all members of the Institute;
  8. perform any other function for the purpose of implementation of the functions ;
  9. Issues certificate,licences and notice required to be issued under this Act;
  10. Set and regulates fees structure payable by the members of the institute;
  11. Supervised and regulate training conducted by the tuition providers;
  12. Promote the international recognition of the Institute;
  13. Register members of the Institute;