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.
The Institute currently runs two distinct programmes.
(a) The Professional Programme.
(b) The Technician Programme, known as the Ghana Accounting Technicians (GAT) Programme.
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.
Successful completion of the GAT programme, however, opens up a way for people to take up middle-level managerial jobs and can serve a good introduction to the very determined who may wish to proceed to the professional programme.
The Institute of Chartered Accountants (Ghana) is a member of two international bodies. These are:
(i) ABWA: - Association of Accountancy Bodies in West Africa
(ii) IFAC:-International Federation of Accountants
While ABWA is a sub-regional grouping of accountancy bodies in West Africa, IFAC is worldwide association, with headquarters in New York, USA.
The member countries of ABWA are:
3. The Gambia.
5. Sierra Leone
9. Cote d’voire
Minimum Entry Requirements
Applicants must have:
A complete pass at the Foundation (level one) of the Professional course applied
Complete pass in the level preceding the level applied for
Holders of Higher National Diploma (HND) in Accounting, Management Studies and Marketing.
Holders of 1st Degree in Business related subjects
All applicants with HND and 1st Degree are advised to register with the professional body before enrolling on the course.
Further information may be obtained from:
P. O. BOX 4268
SOURCE: WEBSITE: www.icagh.com