Institute of Chartered Accountants, Ghana
- Posted by: collegeghana
- Category: PROFESSIONAL INSTITUTIONS
Since the mid-sixties, the Institute of Chartered Accountants (Ghana) has been providing accountancy training at both technician and professional levels. However, in those early days, pass rates at various levels were impeded by the non-availability of reading materials for students. This trend experienced a turn around, in the 80s and has seen a major boost since accounting manuals for the four (levels) were introduced in November 2008.
The establishment of the ICAG School in June 2009 augmented the Institute’s effort to provide readily available tuition to prospective and regular students on part-time and regular streams.
This tie in with the Institute’s bid to provide quality tuition at the three levels (that is, Parts 1-3) in a conducive learning environment at the ICAG School located at Okponglo, East Legon, along the Trinity Theological Seminary-IPS Road.
- Mr. Christian Sottie – President
- Mr. Kwasi Asante – Vice President
The Institute currently runs two distinct programmes.
- The Professional Programme
- The Technician Programme, known as the Accounting Technician Scheme West Africa (ATSWA) Programme.
A candidate who successfully completes the ICAG professional programme and has obtained working experience in accountancy and approved by ICAG Council, qualifies to use the designatory letter ‘CA’ after his/her name. Successful completion of the ATSWA programme, however, opens up a way for people to take up middle-level managerial jobs and can serve a good introduction to the very determined who may wish to proceed to the professional programme. They can also pursue to CA professional programme to qualify as chartered accountants.
ICAG Chartered Diploma Programme
The Chartered Diploma programme is a professional diploma with specialization in various fields of business related to the accountancy profession. As an innovative programme initiated by the Institute, the courses focus on equipping participants with specialized skills in for example:
- Forensic Audit
- Oil & Gas Accounting
- Corporate Finance Management
- Treasury and Risk Management
- International Auditing & Governance
- Public Sector Accounting
- Legal Accountancy & Finance
Currently, the Institute is running courses for Forensic Audit and Oil & Gas Accounting.
The Institute of Chartered Accountants (Ghana) is a member of two international bodies. These are:
- ABWA- Association of Accountancy Bodies in West Africa
- IFAC – International Federation of Accountants
- PAFA – Pan African Federation of Accountants
While ABWA is a sub-regional grouping of accountancy bodies in West Africa, IFAC is worldwide association, with headquarters in New York, USA and PAFA is headquartered in South Africa. The member countries of ABWA are:
- The Gambia
- Sierra Leone
- Cote d’voire