January 16, 2009

Dear Member,

FACULTIES

The effects of Technological and Information change, especially in vastly improved transportation and communications has affected the complexity of business and financial Instruments, thus requiring the accounting profession to produce high quality historic and prospective financial data for internal and external stakeholders that would enable them to make informed decisions.

It is expected that in the near future, businesses would become far more transparent. There will be far greater availability of data and real time financial information will be the norm, stakeholders would also expect much greater access to non-financial data while

the conditions in which we operate would not remain constant.

It is therefore unreasonable to expect Chartered Accountants to be exempt from this worldwide phenomenon. The concept of a one-size-fits-all product, like traditional Chartered Accountant’s services, is rapidly becoming obsolete. The profession needs to focus on customers’ needs and provide services that each customer considers valuable for its own use.

The personal attributes of the Chartered Accountant would include insight, good professional judgment, project management skills, integrity and ethics;

leadership qualities of strategic thinking, planning and a cross-functional perspective;

broad business perspective, which includes a good understanding of one’s organisation and industry, risk management and organizational systems and processes;

functional expertise in the traditional technical skills, including financial analysis.

It is with the above in mind that the Institute established the Faculties as areas of specialization for all its members. These Faculties are centers of excellence for the provision of specialist information and technical advisory services to members in order to increase their proficiency in their areas of professional work that will enable them deliver services of the highest standard to their clients (customers and employers).

The Faculties would provide technical, comprehensive, timely and essential guidelines on current professional issues that would enable the busy professional keep abreast with the ever-changing developments within the profession.

It is mandatory for every member to belong to at least ONE Faculty and a maximum of THREE Faculties.

The Faculties created by Council include:

·  Audit, Investigation and Forensic Accounting

·  Taxation & Fiscal Policy Management

·  Consultancy and Information Technology

·  Insolvency and Corporate Re-Engineering

·  Public Finance Management

·  Corporate Finance Management

How to Register

Faculty registration shall be strictly ON-LINE.

1. Obtain PIN Voucher from the under listed designated branches of Zenith Bank Plc.

2. Log on to http: www.ican-ngr.org/faculty

3. Complete the registration Form

4. Print out the Faculty registration confirmation Form and keep for your record.

NB. The on-line registration is not complete until you have successfully printed the FACULTY REGISTRATION CONFIRMATION FORM

Fees:

For Individual member:

Registration =N=2,500 per Faculty

Annual Subscription =N=2,500 per Faculty

For Corporate Members:

Registration =N=5,000 per Faculty

Annual Subscription =N=5,000 per Faculty

An individual member or corporate organization that intends to join

Individual

v  One Faculty would pay =N=5,000

v  Two Faculties would pay =N=10,000

v  Three Faculties would pay =N=15,000.

Corporate

v  One Faculty would pay =N=10,000

v  Two Faculties would pay =N=20,000

v  Three Faculties would pay =N=30,000.

The fees for registration and subscription for ONE Faculty has already been included in the demand note to all members for 2009. Any member who wishes to join more than one Faculty would be required to pay additional registration and subscription fees for the other Faculties.

Yours truly,

O. A. Adepate, B.Sc, MBA, FCA

Registrar/Chief Executive
ZENITH BANK PLC BRANCHES

i.  5, Allen Avenue, Ikeja

ii.  58, Marina, Lagos

iii.  Plot 234A, Adeola Odeku Street, Victoria Island, Lagos

iv.  86, Ojuelegba Road, Surulere, Lagos

v.  Warri Sapele Road, Opposite Urhobo College, Effurun

vi.  7, Kachia Road, Kaduna

vii.  35, Galadima Aminu Way, Jimeta, Yola

viii.  51, Awolowo Road, Ikoyi, Lagos

ix.  7/9 Industrial Avenue, Ilupeju, Lagos

x.  9 Murtala Mohammed International Airport Road, Ajao Estate, Lagos

xi.  1st Avenue House 1, Beside Coorporate Bank, FESTAC, Lagos

xii.  275, Nnebisi Road, Asaba, Delta State

xiii.  12, Okpara Avenue, Opposite Federal Mortgage Bank, Enugu

xiv.  28/29 Hamaruwa Way, Jalingo, Taraba State

xv.  56 Tafawa Balewa/Murtala Mohammed Road, Kano

xvi.  5 Beach Road Near the Secretariat by CBN, Jos

xvii. Maiduguri

xviii.  12 Abak Road, Uyo

xix.  1 Bank Road Minna

xx.  5, Unity Road Ilorin

xxi.  Mbiama-Yenagoa Road, Yenegoa, Bayelsa State

xxii. 15, Kano Road, Oppt. CBN, Sokoto

xxiii.  Plot 19, Abdulkarid Road, Bauchi

xxiv.  212, IBB Way, Katsina

xxv. Old Kabba Road, Opp. Stella Obansanjo Library Lokoja

xxvi.  49 Sani Abacha Road, Gusau

xxvii.  27A, Ogoja Road, Abakaliki

xxviii.  Along Sultan Bello Rd, Benin Kebbi, Kebbi State

xxix.  Plot 91, Sani Abacha Way, Dutse

xxx. Damaturu

xxxi.  F3 PZ Kaduna Road, Zaria

xxxii.  130 Sapele/Warri Road, Sapele

xxxiii.  42, Jos Road, Lafia

xxxiv.  Nsukka

xxxv.  35 Galadima/Aminu Way, Yola

xxxvi.  Cross-Rivers Housing Estate, Calabar

xxxvii.  1 Secretariat Road, GRA, Onigari, Ado-Ekiti

xxxviii.  21, Airport Road, Benin-City

xxxix.  Stadium, Owerri

xl.  Zik Avenue Awka, Anambra State

xli.  Herbert Macauley

xlii. Dugbe, Ibadan

xliii.  Garki, Abuja