1. INTRODUCTION
Today, distinguished ladies and gentlemen, we are gathered here to witness yet another epoch-making event in the annals of the Association of National Accountants of Nigeria (ANAN) as it transits from the 13thto the 14th leadership under my humble self. It is with utmost deep sense of gratitude to the Almighty Allah and to you the members of ANAN that I assume this responsibility as the 14th President of this great Association.
I do not take for granted this awesome responsibility which you have placed on my shoulders, and I want to assure you that by the grace of God, this President shall steer this great Body to the path that leads to the noble goals and objectives which our founding fathers envisioned.
The Oath I have sworn to and the chain of responsibility I have just worn shall continue to be reminders of this assurance. In line with this assurance, I have two quotations which I like to convey to you.
- “The Struggle Continues”
- “Keep Investing Systematically, Heavily in Members’ Interest”
Personally, I want to believe that life is a struggle not a competition; one has to struggle to be successful in life. ANAN did not start with me, many have struggled, 1-13 persons have made their marks and now I am the 14th President. I pray that I will have the vigour, the strength and wisdom to push on with the struggle to add value to what the past Presidents have put in place. How will I do that? The second quotation comes in “Keep Investing Systematically; Heavily in Members’ Interest”. If you want, let these two quotations be my two new names.
The Association of National Accountants of Nigeria (ANAN) has become a beautiful bride locally and internationally. It is therefore our duty to continue to beautify it so as to continue to attract the desired attention. This brings forth the necessity for greater investment in our system and people. No one is in doubt as to the changing dynamics of the profession. We are confronted with the challenge of technology and the challenges of economic downturn. It is therefore necessary that our focus should be on how to address these realities. I am convinced that if we focus on Knowledge Creation, Infrastructural Development, Systems Development, Harmonization and Standardization, Innovation and Creativity, Mentoring and Internationalization of Operations; it will be a worthy investment of the Association.
2. POLICY DIRECTION
There has been significant emphasis on knowledge creation by our founding fathers. It is one of the tripod of professionalism; Others being Integrity and Experience. Knowledge is important for personal growth and professional development. It helps towards problem solving and assist in adaptation to changing environment and technologies. Certainly, knowledge helps towards improved decision making and judgment and also enhance creativity and critical thinking. We shall therefore continue to create the enabling environment both in the Nigerian college of accountancy for the professional knowledge and the university to ensure that our professional members are sound in knowledge. We shall also pay attention to our membership trainings to ensure that it impacts the desired knowledge considering the changing times and development of new knowledge.
We must focus on stability, reliability and efficiency of physical and technological systems. We must introduce preventive, corrective, productive and routine maintenance. We have argued severally that we have system that encourages students to be in a school environment. We should therefore have the infrastructure. We should also not only provide but ensure they meet the standards we are setting for ourselves. Our students are postgraduate students. Our students are matured students; we must therefore provide facilities that meet their standards. We are concerned about our buildings, our roads, water supply, power, telecommunication services and digital infrastructure. We shall focus on maintenance of existing ones and their upgrades and also the supply of new ones. We are particular in making strong presence in the Federal Capital Territory and its environs.
c. System Development
There are processes aimed at achieving consistency and uniformity. We need to minimize differences and inconsistencies. We need to work towards capability. We need to allow flexibility and adaptation. We need to work with others with similar interests. We need to improve efficiency and reliability. We need to have simplified maintenance and updates. We are more particular about Technology, Processes, Regulation and Quality Assurance.
e. Innovation and Creativity
We shall continue with the ongoing efforts to be visible at the international sphere. We shall pursue with Vigor higher presence at IFAC, PAFA and ABWA. We shall continue with the effort to mentor other African Countries to adopt our model of professionalism. We shall be at the vanguard of protecting our training mode at the international arena.
3. SPECIFIC ISSUES
Specifically, I have reduced my aspiration within the next two years to focus on the following:
a. Keeping the Tradition:
We have been paying our dues and participating in international programmes. We must however advance beyond just participating to real players in international events. We must see our members making presentations and participating fully in discussions and leadership.
c. Security and Computerization of Examination Processes:
We shall also continue with vigor the idea of obtaining land for the development of the University particularly for the undergraduate courses in Abuja.
We are equally worried about the development of staff particularly college staff. We shall therefore think out a system where they could also be staff of the University so that the career path can be well defined and they can rise to be Professors while working in the College.
We shall continue the cooperations and collaborations with other Professional bodies, Establishments, Women groups and other bodies to improve our systems. We are desirous of diversification and placing the Association beyond the current status.
There have been efforts in the pasts to find areas of reducing cost of operations. There has been reports that were never implemented. Time has come now that we must reduce cost of our operations. In the light of this therefore, we should expect actual financial discipline aimed at reducing costs of operations. We shall only spend when it is necessary to spend.
The idea of MCPD and MPPF are measures to update members on current status of the Discipline. We shall however empower the Zonal Leaderships of the Association to develop programmes that shall enhance the quality of our members. We shall also endeavour to do a study on the training needs of members and the challenges associated with their professional practice and develop programmes that shall address such limitations.
4. CONCLUSION
This regime shall consolidate the efforts done by the past presidents and shall be willing to continue with the programmes and projects we have started. I have been in Council for the past ten (10) years and I have been part of the decisions of Council. Therefore, one cannot be said to be ignorant of events. We shall therefore ensure progress of the Association at all costs.
14th President and Chairman of Council Association of National Accountants of Nigeria (ANAN)