ICAN, forensic auditors clash over passage of new investigative bill

The Institute of Chartered Accountants of Nigeria and the forensic and investigative auditors in Nigeria have clashed over the bill seeking to establish the Chartered Institute of Forensic and Investigative Auditors of Nigeria.

Findings by The PUNCH on Sunday showed that ICAN had already written the House of Representatives, urging it not to grant concurrence to the bill.

The ICAN letter, which was dated November 8, urged the House to stop the bill on the grounds that the proposed forensic institute would merely duplicate the functions of ICAN.

The Senate had successfully passed the forensic audit investigation bill on July 8 this year.

The PUNCH, November 12, 2018

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