About
Faculties

First launched in 2001, the Faculties were created to provide technical support to members based on their peculiar professional needs. As distinct from the Sections which the Institute initially created as associations or groups of professionals that operated in the same sector, Faculties are Centres of Excellence which bring together experts committed to the expansion of the frontiers of knowledge in a particular field of Accountancy. One key objective for creating Faculties is to help the Institute regulate the practice of special branches of accountancy in which some members operate as well as open more channels of communication between the Institute and its members that perform various specialised functions in the economy.

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ICAN Faculties

Audit Investigations and Forensic Accounting Data and Information Technology Corporate Finance Management Corporate Reporting Insolvency and Corporate Re-Engineering Public Finance Management Taxation and Fiscal Policy

These Faculties also facilitate networking amongst Chartered Accountants in these sectors such that their unique needs can be identified, collated and satisfied. They also provide professional information that enhances the efficiency and technical competence of members in their workplaces. The Faculties register, train, and issue certificates to their members as evidence of proficiency and authority in their specialized skills. Faculties are therefore, post-qualification programmes designed to train and certify the specialist skills of members. Accordingly, they issue guidelines and performance benchmarks for members so as to facilitate peer review. Above all, the Faculties continuously strive to educate members on their peculiar statutory duties and responsibilities such that a culture of best practice is evolved in each specialist area of practice.