Institute of Chartered Accountants of Namibia
Member | Established: 1990 | Member since 1997
ICAN was formally constituted on 20 October 1990 by members of the South African Institute of Chartered Accountants who were residing in Namibia and were members of the South West African Chapter of the Cape Society of Chartered Accountants, originally formed in 1955. Membership of the institute is comprised of Chartered Accountants (CA(Nam). Membership in the institute is mandatory in order to use the Chartered Accountant (CA(Nam)) designation and pursue registration with the Public Accountants’ and Auditors’ Board (PAAB) to offer public attest functions.
The objectives and responsibilities of ICAN are to: (i) promote the common interest of persons carrying on the accountancy profession throughout Namibia; (ii) adopt and promulgate accounting standards in the jurisdiction; (iii) implement initial professional development requirements of the PAAB; (iv) conduct all professional examinations; (v) maintain and publish a register of all members (vi) establish continuing professional development and ethical requirements for its members; (vii) establish an investigative and disciplinary system for its members; and (viii) support the PAAB in the implementation of the quality assurance (QA) review system for RAAs.
In addition to being a member of IFAC, ICAN is a founding member of the Pan African Federation of Accountants (PAFA).
Statements of Membership Obligation (SMO)
The Statements of Membership Obligations form the basis of the IFAC Member Compliance Program. They serve as a framework for credible and high-quality professional accountancy organizations focused on serving the public interest by adopting, or otherwise incorporating, and supporting implementation of international standards and maintaining adequate enforcement mechanisms to ensure the professional behavior of their individual members.
Methodology
Last
updated: 11/2022
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Status of Fulfillment by SMO
Disclaimer
IFAC bears no responsibility for the information provided in the SMO Action Plans prepared by IFAC member organizations. Please see our full Disclaimer for additional information.
Contact
PO Box 21459
Windhoek
Namibia
Tel: 264 61 220 218
Fax: 264 61 230 014
secretariat@icanpaab.com
http://www.icancpd.net/