By Aisha Tamba
The Gambia Institute of Chartered Accountants (GICA) and the Institute of Chartered Account of Nigeria (ICAN), yesterday signed a Memorandum of Understanding (MoU) held at the GICA office.
The MoU was aimed at assisting GICA on technical matters in the accounting profession in the Gambia.
Speaking at the ceremony, the president of the ICAN, Alhagi Ismaila Zakari, said the strategic policy of the Council of the Institute of Chartered Accountants of Nigeria is to collaborate and establish strong cordial relationships with high profile institutions including Governments, Professional Accountancy Organisations, Foreign Embassies and Diplomatic Missions as well as Tertiary Institutions in Nigeria and around the world.
“It is primarily in fulfillment of such collaboration and to further deepen and strengthen the already existing cordial and mutually beneficial relationship between ICAN and GICA that we are visiting you today.
“A strong relationship between ICAN and GICA is not only beneficial to our two Institutes but to our two countries, to the Association of Accountancy Bodies in West Africa (ABWA) and the entire West Africa community.
“ICAN is here today because we want to deepen our relationship and further our cooperation through signing a Memorandum of Understanding to promote and strengthen the accountancy profession through joint initiatives, mentoring, and supporting GICA and also to build a strong working relationship and work together on areas of mutual interested,” he said.
The CEO of GICA Baba Barrow said the MoU will strength and improve GICA in achieving its mandate as outlined in the act of parliament and financial reporting act 2013.
He also spoke on the importance of accountants and professional accountants in nation building.
“This MoU will help the necessary skills transfer from ICAN which is one of the biggest accountancy bodies in West Africa to GICA,” he said.