As the think tank of the institute, the Research & Technical department is responsible for the coordination and conduct of research into Accounting, Finance, Economics and other related fields with a view to identifying emerging trends in these areas and facilitate the institute’s contribution to expansion of frontiers of knowledge in the profession as well as provide advice to Government.
Specific deliverables of the department include:
• Publication of ICAN Research Journal of Accounting (IJAF)
This research journal was conceived with a view to creating avenue for members of the institute in academia and others in practice who are interested in research work.
We use this medium to call for articles from members of the institute for publication in the journal.
• ICAN PhD Research Grant
The institute through Research and Technical department gives grant to assist qualified candidates pursuing doctoral degree in accounting or related fields in recognised universities home and abroad.
• ICAN Commissioned Research Grant
Annually, the department initiates and sponsors research into contemporary issues of relevance to the profession.
• Pronouncements on Current National Issues
The department regularly issues technical pronouncements on current economic, financial and accounting matters for the benefit of the institute’s stakeholders. It also coordinates the institute’s views by way of comments to relevant statutory bodies in the country.
• Production of Technical Bulletin
The department publishes a technical bulletin featuring issues of benefits to members in core accounting areas.
• Standards and Exposure Drafts – Local and International
The department coordinates reviews and commentaries on local and international Exposure Drafts submitted to it by the IFAC, IASB, IPSASB, IAASB, FRC, IAESB, etc.
• Federal Government Budget Symposium
As part of its Corporate Social Responsibilities, the Institute, through the department, reviews the performance of the Federal Government budget yearly and makes solicited and unsolicited memoranda. It holds twice a year..
• Endowment Initiatives in Tertiary Institutions
The institute’s endowment initiative towards expanding the frontier of accounting education across the country is strictly coordinated by the department. The institute has endowed Professorial Chairs in the Universities of Lagos, Benin and Nigeria, Nsukka. The institute is desirous of extending the endowment to building of Lecture Theatres in the tertiary institutions.
• Technical Help Desk
As efforts to further enhance service delivery to its members, specifically on technical matters, the institute has in place a TECHNICAL HELPDESK in the Research and Technical department. The Desk provides appropriate responses to members’ technical enquiries in all aspects of the profession (audit, tax, financial reporting, business mergers, regulatory provisions, requirements of standards, etc), without seeking to provide consultancy service free-of-charge, through a dedicated service telephone line: 07027999866. Members can also make enquires through e-mail: firstname.lastname@example.org by completing the technical helpdesk form online. The helpdesk will provide initial/interim response within 48 hours. The technical hotline is on during the weekends, public holidays and after the close of work each day.
• Publication of Memoirs
Memoirs such as Tax Aide and CAMA Aide to assist members in practice are periodically reviewed and published by the department.
• e-Library Facility
This is a digital/on-line library facility provided by a conventional library to read e-books, e-journals and access other information resources. The e-library is part of a network with links to renowned publishers and other libraries that provide access to digital and scholarly information on the web.
For further enquiries, contact:
Dr Ben Ukaegbu on: 01-4542095
Director, Technical & Education
Mr S. A. Akande on: 08033226395
Senior Manager, Research & Technical
MR ROTIMI A. OMOTOSHO, MBA, FCIB, FCA
16, Idowu Taylor Street, Victoria Island, Lagos.
Tel: 01-7642294 – 5; Fax: 4627048