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Adoption of International Financial Reporting Standards (IFRS) for Small and Medium-Sized Entities (SMEs)

THE INSTITUTE OF CHARTERED ACCOUNTANTS (GHANA)
ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) FOR SMALL AND MEDIUM-SIZED ENTITIES (SMEs)

The adoption of IFRS for SMEs in Ghana was officially announced in January 2012. Small and Medium-Sized entities as described in Section 1 of the Standard were expected to adopt IFRS for SMEs for financial periods ending on or after 31 December 2013.

Subsequent to the announcement, a two year moratorium was granted by the Institute of Chartered Accountants (Ghana) (ICAG) which extended the compliance date to financial periods ending on or after 31 December 2015. By this notice therefore, ICAG announces for the information of the general public and preparers of financial statements that Ghana National Accounting Standards (“GNAS”) will be withdrawn with effect from 31 December 2015.

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ADMISSION OF STUDENTS INTO ICAG FULL - TIME SCHOOL IN PROGRESS

THE INSTITUTE OF CHARTERED ACCOUNTANTS (GHANA)

ADMISSION OF STUDENTS INTO ICAG FULL - TIME SCHOOL IN PROGRESS

Become a Chartered Accountant (CA)
The Institute of Chartered Accountants Ghana (ICAG) continues to admit students with

  • WASSCE/SSCE
  • DIPLOMA
  • HIGH NATIONAL DIPLOMA (HND)
  • DEGREES IN ACCOUNTANCY AND RELATED FIELDS
  • NON – ACCOUNTING DEGREES
  • OTHER QUALIFICATIONS

into FULL TIME SCHOOL LEVELS ONE & TWO (May 2016 Exams)
Classes will continue up to April, 2016. (Monday to Friday from 8.00am to 3pm)

Venue: ICAG School, Okponglo, East Legon, Accra.

For further enquiries please contact
The Chief Executive;
ICAG
Tel: 0288700114/0249011990
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

ADMISSION OF ACCOUNTING TECHNICIAN WEST AFRICA (ATSWA) STUDENTS

Become a Chartered Accountant (CA) through the ATSWA route

The Institute of Chartered Accountants Ghana (ICAG) is admitting students with

  • WASSCE/SSCE
  • DIPLOMA
  • OTHER QUALIFICATIONS

into the Accounting Technicians Scheme West Africa (ATSWA) March 2016, Edition

Registration is in progress.

Classes start on 12th November, 2015 from (Monday to Friday) from 1:00pm – 4:00pm

Venue: ICAG School, Okponglo, East Legon, Accra.

For further enquiries please contact
The Chief Executive;
ICAG

Tel: 0288-700114/0249-011990
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Support EC to efficiently conduct Election 2016

PROFESSIONAL bodies in the country, especially chartered accountants, have been urged to bring their expertise to bear on the conduct and collation of result of the 2016 general election.

They could do so by offering themselves as returning officers to ensure that votes were accurately collated and tallied to enhance the conduct of the election, the president of the institute of chartered Accountants, Ghana (ICAG), Professor Kwame Boasiako Omane-Antwi, who made the call, added.

Prof. Omane-Antwi was speaking at the 25th graduation and admission ceremony of the ICAG held in Accra last Sunday. Who can better understand issues of over-voting spoilt ballot papers, etc, better than a chartered accountants? KPMG proved this point at the last election petition hearing. This is our call and we have to stand up and be counted, ‘’ he stressed.

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ICAG President Luncheon Keynote Address - Olivia Kirtley

The Institute of Chartered Accountants (Ghana) recently hosted its annual Presidential Luncheon  on Thursday, 3rd September 2015 at the Mövenpick Ambassador Hotel, Accra. The keynote address was delivered by Ms. Olivia Kirtley, President, International Federation of Accountants (IFAC), who was the Guest Speaker at the Luncheon.

Click here to read her address.

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