 | |
| Type | Professional association |
|---|---|
Official language | English |
| Website | http://www.ica-sl.org/ |
The Institute of Chartered Accountants of Sierra Leone (ICASL) is a professional accountancy body in Sierra Leone. It is the sole organization in Sierra Leone with the right to award the Chartered Accountant designation. ICASL is a member of the International Federation of Accountants (IFAC). [1]
Sierra Leone, officially the Republic of Sierra Leone, informally Salone, is a country on the southwest coast of West Africa. It is bordered by Liberia to the southeast and Guinea to the northeast. Sierra Leone has a tropical climate with a diverse environment ranging from savanna to rainforests, a total area of 71,740 km2 (27,699 sq mi) and a population of 7,092,113 as of the 2015 census. The capital and largest city is Freetown. The country is divided into five administrative regions which are subdivided into sixteen districts. Sierra Leone is a constitutional republic with a unicameral parliament and a directly elected president. Sierra Leone is a Muslim majority country at approximately 78%, though with a politically influential Christian minority at about 21%. Muslims and Christians interact very well together and religious violence is extremely rare in the country. All the major Muslim and Christian holidays are officially national holidays in the country.
An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certified Accountant or Certified Public Accountant. Such professionals are granted certain responsibilities by statute, such as the ability to certify an organization's financial statements, and may be held liable for professional misconduct. Non-qualified accountants may be employed by a qualified accountant, or may work independently without statutory privileges and obligations.
The Chartered Institute of Management Accountants (CIMA) is a UK based professional body offering training and qualification in management accountancy and related subjects. It is focused on accountants working in industry, and provides ongoing support and training for members.
The Institute of Chartered Accountants of Scotland (ICAS) is the world's first professional body of Chartered Accountants (CAs). It is a regulator, educator, influencer and thought leader.
Chartered accountants were the first accountants to form a professional accounting body, initially established in Scotland in 1854. The Edinburgh Society of Accountants (1854), the Glasgow Institute of Accountants and Actuaries (1854) and the Aberdeen Society of Accountants (1867) were each granted a royal charter almost from their inception. The title is an internationally recognised professional designation; the certified public accountant designation is generally equivalent to it. Women were able to become chartered accountants only following the Sex Disqualification (Removal) Act 1919 after which, in 1920, Mary Harris Smith was recognised by the Institute of Chartered Accountants in England and Wales and became the first woman chartered accountant in the world.
Kenema is the third largest city in Sierra Leone, and the largest city in the country's Eastern Province. It is the capital of Kenema District and a major economic center of the Eastern Province. At the 2015 national census, Kenema had a population of 200,354. Kenema is located approximately 200 miles from Freetown, and 60 kilometres (40 mi) south of Bo.
Founded in 1904, the Association of Chartered Certified Accountants(ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). ACCA's headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of over 104 offices and centres in 52 countries - with 323 Approved Learning Partners (ALP) and more than 7,300 Approved Employers worldwide, who provide employee development.
The Institute of Chartered Accountants of India (ICAI) is the national professional accounting body of India. It was established on 1 July 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted by the Parliament to regulate the profession of Financial Accountancy in India. ICAI is the second largest professional Accounting & Finance body in the world in terms of membership and number of students. It recommends the accounting standards to be followed by companies in India to the National Financial Reporting Authority the Public Accounting Oversight Board which supersedes ICAI. ICAI is solely responsible and accountable for setting the Standards on Auditing (SAs) to be followed in the audit of financial statements in India.
Institute of Chartered Accountants may refer to:
The Institute of Chartered Accountants of Guyana (ICAG) is a professional body in Guyana that regulates the accountancy industry and arranges for ongoing training of its members.
David Omashola Carew is a Sierra Leonean economist and politician. He is Sierra Leone's Minister of Trade and Industry. He had also served as Minister of Finance of Sierra Leone from September 2007 to February 2009. Before becoming Minister of Finance, Carew was the Managing Partner for KPMG-Sierra Leone and was responsible for delivering KPMG services to clients in The Gambia and Liberia.
Tajudeen Afolabi Adeola is a Nigerian businessman and politician. He is a member of the Commission for Africa, and is the founder and chairman of the FATE Foundation. and also one of the founders of Guaranty trust bank(GTB).
United Nations Security Council resolution 1171, adopted unanimously on 5 June 1998, after recalling resolutions 1132 (1997), 1156 (1998) and 1162 (1998) on the situation in Sierra Leone, the council, acting under Chapter VII of the United Nations Charter, terminated the arms embargo against the Government of Sierra Leone.
United Nations Security Council resolution 1385, adopted unanimously on 19 December 2001, after recalling all resolutions on the situation in Sierra Leone, particularly resolutions 1132 (1997), 1171 (1998), 1299 (2000) and 1306 (2000), the Council extended sanctions against the import of rough diamonds except those controlled by the government from the country for a further 11 months, beginning on 5 January 2002.
Nolan Watson is a Canadian businessman, humanitarian, and philanthropist. He is known for his contribution to finance innovation in the mining industry. Watson began working in mine finance with Silver Wheaton Corp., where he was named the chief financial officer in 2006 and was the youngest CFO of a New York Stock Exchange listed company. Watson helped develop the silver streaming business model and raise over $1 billion in debt and equity to fund Silver Wheaton's growth into the largest streaming company in the world.
United Nations Security Council resolution 1446, adopted unanimously on 4 December 2002, after recalling all previous resolutions on the situation in Sierra Leone, particularly resolutions 1132 (1997), 1171 (1998), 1299 (2000), 1306 (2000) and 1385 (2001), the Council extended prohibitions relating to the import of rough diamonds not under the control of the Sierra Leonean government until 5 June 2003.
United Nations Security Council Resolution 1940, adopted unanimously on September 29, 2010, after recalling all previous resolutions on the situation in Sierra Leone, including resolutions 1132 (1997) and the 1171 (1998), the Council lifted an arms embargo and remaining sanctions against the country imposed in 1997.
United Nations Security Council Resolution 1971, adopted unanimously on March 3, 2011, after recalling previous resolutions on the situation in Liberia and Sierra Leone, including Resolution 1626 (2005), the Council requested the United Nations Mission in Liberia (UNMIL) to withdraw its military personnel providing security for the Special Court for Sierra Leone, and placed the responsibility for security with the Sierra Leone Police.
The Pan African Federation of Accountants (PAFA) is the regional body that is aimed to represent African professional accountants with one and louder voice, particularly in relating with International Federation of Accountants (IFAC). It was inaugurated in Dakar, Senegal on 5 May 2011.
The Association of Accountancy Bodies in West Africa (ABWA) is a regional organization of the International Federation of Accountants (IFAC). As of 2011 there were ten West African accounting institutes represented in ABWA.
