The Institute of Chartered Accountants Ghana

 
 
 

The Institute of Chartered Accountants

The Institute of Chartered Accountants (Ghana) was established by an Act of parliament, Act 170, in 1963.  It is the sole body charged with the regulation of the accountancy profession in Ghana.  Its members are the only persons recognized under the Companies Code (Act 179) 1963, for the purpose of audit of company accounts.  It is governed by a council of eleven chartered accountants.  The Council, headed by a President, holds office for a period of two (2) years.


Institute currently runs two distinct programmes.
(a) The Professional Programme.
(b) The Technician programme, known as Accounting Technician Scheme West Africa (ATSWA).

A candidate who successfully completes the professional programme and obtain a working experience in accountancy, approved by the Council of the |Institute., qualifies to use the designatory letter ‘CA’ after his/her name.

 

 
 
 
 
 
 

The Institute of Chartered Accountants (Ghana)

TWO YEARS AS HEAD OF THE INSTITUTE OF CHARTERED ACCOUNTANTS (GHANA)

TWO YEARS AS HEAD OF THE INSTITUTE OF CHARTERED ACCOUNTANTS (GHANA)
THE STORY SO FAR

For the third time in almost two years, B&FT met Mr Fred Moore at the ICAG office in Okponglo, East Legon. He walked us to his office and we could see the same steely-eyed determination we saw two years ago.

Mr. Fred Moore started with, “regardless of whether the public sector and economy are humming, or whether businesses generally and investors particularly shelter to protect assets, there is always a strong demand for advisors and business leaders with specialised skills from the Institute  of Chartered Accountants (Ghana) to help smooth the business information flow.

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IFAC CALLS FOR NOMINATIONS TO BOARD AND COMMITTEES

The International Federation of Accountants (IFAC), has issued a call for nominations to its Board and committees. IFAC has more than 175 members and associates in 130 countries.

For 2016, there are 31 vacancies on the Board and committees.

Members of ICAG, interested in filing their nominations are kindly asked to submit their nomination form to the Secretariat at this email address: This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

As you will observe from the nominations instructions, all nominations are filed online. However, Council would like to screen and shortlist ICAG nominees and submit the shortlist to the Nominations Committee. Therefore, please, DO NOT process your nomination online.

THis procedure is necessary and we hope we can count on your cooperation.

Deadline for filing your nominations with ICAG: Monday, 9th March 2015.

Please visit IFAC websitefor more details on the nominations.

Thank you.

press-release

PRESS RELEASE

Prof KB Omane-Antwi, President of ICAG pays Courtesy Call on Mr Mohammed Ahmed Alhassan, IGP.

The ICAG President’s courtesy call on the IGP is intended to forge a closer collaboration between ICAG and other major national institutions pursuant of the national agenda.

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Audit Opinion ICAG Position Statement

INTRODUCTION
The International Standards on Auditing (ISAs) was officially adopted by the Institute of Chartered Accountants Ghana (hereafter referred to “The Institute”) in January 2012. All auditors are expected to apply the clarified ISAs in auditing their clients’ Financial Statements for the years ending on or after 31 December, 2012.
Subsequently, The Institute published a directive in the Daily Graphic in December 2012 on the signing of audit reports which stated:

“An audit report must:

State the name and practising certificate number of the responsible individual who was in charge of the audit and must be signed by this person in his own name and dated accordingly; and also

State the name and the licence number of the firm.” click here to download full document

ADOPTION OF INTERNATIONAL STANDARDS ON AUDITING (ISAs) IN GHANA

THE INSTITUTE OF CHARTERED ACCOUNTANTS (GHANA)
IMPORTANT NOTICE TO ALL PROFESSONAL ACCOUNTANTS
ADOPTION OF INTERNATIONAL STANDARDS ON AUDITING (ISAs) IN GHANA

The adoption of ISAs in Ghana was officially announced in January 2012. All auditors are expected to apply the clarified ISAs in auditing their clients’ financial statements for the year ending on or after 31st December, 2012.

Subsequent to the publication in December 2012 and after further consultations with our practitioners, The Institute is restating the position on the signing of the audit reports as follows:

 “An audit report must:

  • State the name and the license number of the firm and signed in the name of the firm;
  • State the name and practicing certificate number of the responsible individual who was in charge of the audit;
  • Disclose “Chartered Accountants” ;
  • State the address of the firm and
  • State the date of the report.”

For further information, please contact:
The Chief Executive, The Institute of Chartered Accountants (Ghana)
P. O. Box 4268, Accra
Office Location: Okponglo, East legon on Trinity Theological Seminary – IPS Road

Tel: 0544336701-2, 0288700101
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Website: www.icagh.com

 
 
 
 

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2015 CPD Calendar

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Forms and Downloads

Student Services Flyer Student Services Flyer 18.02.15 - Student Services Flyer - Click here to ...
Graduation Payment Form Graduation Payment Form 26.01.15 - Graduation Payment Form - click here to ...
ICAG signs MOU with CIPFA ICAG signs MOU with CIPFA 11.11.14 - The Institute of Chartered Accountants (...
CA Student Registration Form CA Student Registration Form 25.07.14 - CA Student Registration Form. Click he...
Exemption Form Exemption Form 25.07.14 - Exemption Form. Click here to download
Application Form - CA Application Form - CA 25.07.14 - Application forms CA Members. Click he...
Application Form - Practicing Application Form - Practicing 25.07.14 - Application Form -  Practising Me...
Professional Affiliation Professional Affiliation 25.07.14 - Application Forms -  Professional Aff...
Draft ICAG Bill - For Review by Members Draft ICAG Bill - For Review by Members 12.08.11 - THE CHARTERED ACCOUNTANTS BILL, 2009 Me...
 

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