House of Reps rejects forensic audit bill

House of Reps rejects forensic audit bill

click photo for more information
House of Reps rejects forensic audit bill
<p class="">The House of Representatives on Tuesday, rejected the Bill for an Act to establish the Chartered Institute of Forensic and investigative auditors of Nigeria for effective regulation and registration of members.</p> <p class="">The bill also determines the knowledge and skills that a practitioner requires to attain in order to qualify to practice as a […]
0
36

<p class="">The House of Representatives on Tuesday, rejected the Bill for an Act to establish the Chartered Institute of Forensic and investigative auditors of Nigeria for effective regulation and registration of members.</p>

<p class="">The bill also determines the knowledge and skills that a practitioner requires to attain in order to qualify to practice as a Forensic and Investigative Auditors.</p>

<p class="">The bill was sponsored by Rep. Uzoma Nkem-Abonta (PDP-Abia) and two other lawmakers.</p>

<p class="">The bill which passed first reading was rejected by the House for the conflicting role of the Chartered Institute of Forensic and Investigative Auditors of Nigeria with similar professional body such as the Institute of Chartered Accountants of Nigeria, (ICAN).</p>

<p class="">The bill also had conflicting role with the Association of National Accountants of Nigeria, (ANAN).</p>

<p class="">Contributing to the debate on the bill, the Deputy Speaker, Mr Lasun Yussuff stated that since the word audit was being contested, it could for clarity purposes be coined to read forensic investigators or experts.</p>

<p class="">He explained that the Bill could look like an exclusive accounting bill, but with his advice it would be more encompassing for other fields.</p>

<p class="">Nkem-Abonta said that the word audit, was encompassing and could be used as investigation and the bill should not be watered down just because accountants don’t feel comfortable with it.</p>

<p class="">He also noted that the bill, as it was, was not an exclusively accounting one, but all encompassing.</p>

<p class="">Also in his contribution, Rep. Simon Arabo (PDP-Kaduna), said that if the word auditor, was the only contention, and could be expunged to accommodate the content</p>

<p class="">Rep. Kayode Oladele (APC-Ogun), contributing said that since it had been ascertained by the Three-man Committee set up by the Speaker that other countries had the proposed body, the Bill needed to be Passed.</p>

<p class="">Rep. Oladimeji Ayodele (PDP-Ekiti), said that if the proposed Bill was for the establishment of an association, it would be okay, but the fact that the proposed Institute seeks to be chartered, then it was contradictory to laid down Law.</p>

<p class="">Rep. Shehu Garba (APC-Kaduna), said that auditing was one responsibility strictly reserved for accountants and passing the proposed bill as it was would be creating confusion of Agency roles in the minds of Nigerians.</p>

<p class="">Also, Rep. Babangida Ibrahim (APC-Katsina), on his part, said that an auditor was a professional.</p>

<p class="">“<em>So the word audit should be expunged. The way it is being applied in the proposed bill or the bill should not be Passed.”</em></p>

<p class=""><strong>ALSO READ</strong>: <a href="https://www.pulse.ng/news/local/trump-wants-to-make-us-visas-harder-for-nigerians/nhh7z3h" id="41ea0cfc-77aa-476e-9e7d-5aecd1c8c170">Trump wants to make US visas harder for Nigerians</a></p>

<p class="">Nkem Abonta in exercising his right of reply said that the term audit in the bill, was just to investigate and did not seek to take anything away from the accounting profession.</p>

<p class="">The bill was put to a voice vote by the Speaker, Mr Yakubu Dogara and lawmakers unanimously declined passing it through second reading.</p>

<figure class="embedded_application" align="center"> <figcaption>Here are the best reactions to Game of Thrones season 8 episode 1</figcaption> </figure>

Pastor Ifeanyi & Girls’ Dressing, FFK Vs. Church of Satan, Peruzzi Slapsgiving & a Gorilla Swallowing ₦7m | Here’s What Went Down this Week

click photo for more information
Pastor Ifeanyi & Girls’ Dressing, FFK Vs. Church of Satan, Peruzzi Slapsgiving & a Gorilla Swallowing ₦7m | Here’s What Went Down this Week
This past week has been … something. We’ve had a lot of our celebrities simply … is misbehaving the word? We woke up on Monday to hear that one of them physically assaulted someone who made an unkind comment about them. Then, while that was scarcely over, we saw another emissarial individual being simply ridiculous. […]
38
7

Governor El-Rufai releases new governance structure for Kaduna — FULL DETAILS

click photo for more information
Governor El-Rufai releases new governance structure for Kaduna — FULL DETAILS
“Consequent to the restructuring, the Executive Order prescribes that the Kaduna State Government will operate with 14 ministries, including three new ones. The post Governor El-Rufai releases new governance structure for Kaduna — FULL DETAILS appeared first on Premium Times Nigeria. Related
0
8

Check Out Bobrisky Photo Everyone Is Taking About

click photo for more information
Check Out Bobrisky Photo Everyone Is Taking About
Popular crossdresser, Bobrisky drops another stunning photo of himself wearing traditional attire and has got a lot of people thinking about his ability to dress better than some women. READ MORE: “You still need to be his chic even though you are his wife” – Paul Adefarasin Wife says as Nigerians React On Twitter The […]
0
11

N30k “allowee” to be communicated to corps members – DG

click photo for more information
N30k “allowee” to be communicated to corps members – DG
The Director-General, National Youth Service Corps, Shuaibu Ibrahim, on Friday assured corps members that the scheme will communicate to them when the payment of N30,000 new allowance would start. This was made known by the DG at a workshop/ training on Freedom of Information Act for Desk Officers of the NYSC in Abuja. The DG […]
1
10

Breaking!!! Naira Marley finally released from prison

click photo for more information
Breaking!!! Naira Marley finally released from prison
Nigerian musician Azeez Fashola popularly known as Naira Marley has been released from prison custody after fulfilling his bail conditions. Narai Marley who was dragged to court by the Economic and Financial Crimes Commission on an 11 count charge of advance fee fraud aka ‘yahoo yahoo’ has left prison after 14 days since he was […]
0
9

Agency raises alarm over poisonous meat in market

click photo for more information
Agency raises alarm over  poisonous meat in market
The Head, Quality Control,  Nigeria Commodity Exchange, NCX, Dr. Khadijah Abdulaziz has disclosed that some meat sellers in parts of the country now spray dangerous and poisonous substances like sniper on meat before selling them thereby endangering the lives of unsuspecting meat consumers. Continue reading Agency raises alarm over poisonous meat in market at Vanguard […]
0
10

BOJ returns with a Nigerian Remix of “Awolowo” featuring Falz, Ycee & FreshL

click photo for more information
BOJ returns with a Nigerian Remix of “Awolowo” featuring Falz, Ycee & FreshL
BOJ of DRB Lasgidi returns with a funky Nigerian remix to his fire single “Awolowo,” featuring Nigerian rappers, Falz, and Ycee, and group mate FreshL. This jam, produced by the GMK, cuts across the legendary area that rules the Lagos nightlife, Awolowo, Ikoyi. Listen and enjoy: https://www.bellanaija.com/wp-content/uploads/2019/06/AWOLOWO-REMIX-MASTER.mp3 The post BOJ returns with a Nigerian Remix of “Awolowo” featuring […]
24
24

New Music + Video: Teni – Power Rangers

click photo for more information
New Music + Video: Teni – Power Rangers
Teni is out with a brand new single titled “Power Rangers”. The song was produced by Jaysynth Beats and mixed and mastered by Milla Mix. Listen https://www.bellanaija.com/wp-content/uploads/2019/06/Teni-Power-Rangers.mp3 Download Watch video:   The post New Music + Video: Teni – Power Rangers appeared first on BellaNaija – Showcasing Africa to the world. Read today!. Related
1
18

You don’t have to be married to make heaven – Daddy Freeze

click photo for more information
You don’t have to be married to make heaven – Daddy Freeze
Controversial OAP, Daddy Freeze has said that an individual doesn’t have to be married to be blessed, happy or even make heaven. Continue reading You don’t have to be married to make heaven – Daddy Freeze at Vanguard News. Related
17
12

Cyber-crime giving Nigerians horrible image in international community — Falz

click photo for more information
Cyber-crime giving Nigerians horrible image in international community — Falz
Since controversial rapper, Folarin Falana, a.k.a FalzTheBahdGuy condemned artistes who celebrate cyber-crime, popularly known as Yahoo Yahoo, he has come under heavy criticism from the public. Continue reading Cyber-crime giving Nigerians horrible image in international community — Falz at Vanguard News. Related
1
23

Bandits: New CP opts for dialogue, over fire power, in Zamfara

click photo for more information
Bandits: New CP opts for dialogue, over fire power, in Zamfara
<p class="">The CP made his position known at a press briefing where he formally met with media practitioners in the state</p> <h1>As government intensifies efforts to end activities of bandits in Zamfara, the state’s new Commissioner of Police (CP), Mr Usman Nagogo, has said that he would deploy dialogue, as against fire power, to tackle […]
14
22

Who Get Ear Vol 69: 10 songs you need to play this week

click photo for more information
Who Get Ear Vol 69: 10 songs you need to play this week
<p class="">This week, we have act who feature <strong>Ice Prince, Naeto C, Davido</strong>, <strong>Kwesi Arthur </strong>and so forth. </p> <h2>It’s another installment of ‘Who Get Ear,’ Pulse’s weekly list of the 10 songs you need to play for the entire week. </h2> <p class="">As we countdown to the second half of 2019, album preparations are heating […]
19
24
load more posts