51st ANNUAL ACCOUNTANTS’ CONFERENCE

51st ANNUAL ACCOUNTANTS’ CONFERENCE

51st ANNUAL ACCOUNTANTS’ CONFERENCE

The Institute of Chartered Accountants of Nigeria (ICAN) held its 51st edition of Annual Accountants’ Conference at International Conference Centre and Sheraton, Abuja between 29 November and 03 December, 2021. The conference brought together about seven thousand accountants and other professionals from various industries, both from public and private sectors. The Institute was ably represented by the Ag. Head, Internal Audit, Mr. Kuforiji O. Emmanuel. The theme of the conference was ‘trust in governance’. In attendance at the conference were Dr. Akinwunmi Adesina, President AfDB, Mrs. Obiageli Ezekwesili and other erudite speakers. As culled from the presentations at the conference, by Mr. Kuforiji, investors’ confidence counts in private capital flows to nations. The value chain of capital attracted through private capital flows will impact the economy and GDP of nations that have attracted them. Furthermore, global economy continues to face trust deficit. According to OECD, only 51% of citizens trusted their government in 2020. Also, 2020 edelman trust barometer reveals that none of the societal institutions that the study measures – government, business, NGOs and media are trusted. He concluded by stating that all hands should be on deck to heighten positive trust indicators in every leadership and facet of government. With relevance to CRIN, Mr. Kuforiji opined that research is pivotal to the development of any nation. An effective and result oriented research cannot thrive in an environment of distrust. From conception through to execution, every research project is a consolidation of inputs from various stakeholders who must of necessity relate in trust at every stage. Every unit leader must work hard and transparently enough to earn the trust of officers under him/her and vice versa. Every Departmental leader must work hard and transparently enough to earn the trust of officers in his/her Department and vice versa. If this trend is observed and sustained within the organizational structure, we would not only achieve our organizational goals, we shall be sending the right and proper signal to the nation at large. In a modern day data driven environment, trust is sine qua non to data and information protection and utilization. Distrust will sure cause distortion to research processes and results, to say the least. Mr. Kuforiji appreciates the ED, Dr. Patrick Adebola, for the permission and financial support to attend the conference. He noted that this is the first time a CRIN accountant will enjoy this privilege, therefore, he advocated that this privilege be extended to his colleagues in subsequent conferences.

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The Cocoa Research Institute of Nigeria (CRIN) was established in Ibadan, Oyo State on 1st December, 1964 as a successor autonomous rese arch organisation to the Nigerian Substation of the defunct West African Cocoa Research Institute (WACRI)

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