2019
http://41.66.247.10:8080/xmlui/handle/123456789/12
20192026-05-20T06:46:37ZICAG Annual Report 2019
http://41.66.247.10:8080/xmlui/handle/123456789/190
ICAG Annual Report 2019
Library, ICAG
2020-2024 Strategic Plan:
A fie-year strategic plan was developed
during the year under review. The plan is
expected to be implemented from 2020 to
2024. The objective of the strategic plan
is to strengthen the regulatory capacity of
the Institute and enhance its image as the
regulator of the Accountancy profession in
Ghana. The strategy is geared toward meeting
the expectations of its key stakeholders and
deliver value-added services in line with the
changing business climate.
The main themes of the strategic plan are
outlined below:
1. Enhancing Regulatory and Legal
Environment
2. Building a vibrant Corporate Brand
3. Enhancing the quality of Accountancy
Practice
4. Building an effiient ICT and operational
capacity
5. Enhancing the capacity of Members
6. Benchmarking Professional Qualifiations
The ICAG Draft Bill:
The need to review the Act to reflct changing
trends cannot be over-emphasized since it
will add breadth to its usefulness in assessing
and monitoring professional accountants in
their various filds of endeavour to ensure
compliance with statutory requirements.
These developments necessitated the
revision of the existing Act and the recast of
the draft bill to augment its relevance and
further strengthen the Institute’s regulatory
function, among others.
I have the pleasure of informing you that
the draft bill has since been laid before
parliament and has gone through the 1st reading. We are working with our colleague
members in parliament to ensure the bill is
passed in good time.
Once the new law is enacted, the tentacles
of the Institute will extend beyond its current
reach to regulate, control, set standards
and manage the practice of accountancy
in Ghana. Regulations and bye-laws will be
promulgated to enforce standard practices
expected of professional accountants in
line with ethical and professional standards.
This will also include the enforcement of
mandatory membership of ICAG by CAs
and other affiiate international bodies in
both public and private practice.
2019-01-01T00:00:00ZLibrary, ICAG2020-2024 Strategic Plan:
A fie-year strategic plan was developed
during the year under review. The plan is
expected to be implemented from 2020 to
2024. The objective of the strategic plan
is to strengthen the regulatory capacity of
the Institute and enhance its image as the
regulator of the Accountancy profession in
Ghana. The strategy is geared toward meeting
the expectations of its key stakeholders and
deliver value-added services in line with the
changing business climate.
The main themes of the strategic plan are
outlined below:
1. Enhancing Regulatory and Legal
Environment
2. Building a vibrant Corporate Brand
3. Enhancing the quality of Accountancy
Practice
4. Building an effiient ICT and operational
capacity
5. Enhancing the capacity of Members
6. Benchmarking Professional Qualifiations