EFFECTIVENESS OF INSTITUTE OF CHARTERED ACCOUNTANT OF NIGERIA (ICAN) AS AN AGENCY FOR CONTINUING EDUCATION

This study is an attempt to examine the effectiveness of the Institute of Chartered Accountant of Nigeria (ICAN) as an Agency of Continuing Education.  This is with a view to determining whether it can be concluded that the Institute of Chartered Accountant of Nigeria (ICAN) is an agency for continuing education.

This is to show what Institute of Chartered Accountant of Nigeria is all about and its effectiveness as an agency for continuing education.  This is because the recognition of the role of Accountancy in national development as indispensable for the full function of the Accountant.

This determines that the Institute of Chartered Accountants of Nigeria is well suited for continuing education because it has motivational factors by way of employment prospects for its products.  It also equips the leaner with skill in Accountancy.

However, it has the deficiency of a narrow based curriculum and communication gap between the Institute and its target audience.

To this end, four hypotheses were formulated to test empirically whether or not the Institute of Chartered Accountants of Nigeria (ICAN) is an agency for continuing education and its effectiveness.

1. The Educational Programmes of Institute of Chartered Accountants of Nigeria (ICAN) offers the participants certification for better employment, promotions and appointments.
2. The ICAN Educational Programmes raise accountants to social status that compare favourably with that of other professional scholars.
3. The Education Programmes of ICAN affects the proper development of the accountants for his economic and social roles.
4. There is a failure on the part of ICAN to reach out to its target audience.

Title page i

Approval page         ii

Dedication  iii

Acknowledgement iv

Abstract         v

List of tables         vii

Table of content viii

Introduction 1

1.1 Statement of problem 6

1.2 Purpose of study 6

1.3 Significance of the study 7

1.4 Hypothesis 7

1.5 Delimitation of the study 8

1.6 Research question 9

1.7 Definition of terms 10

Literature review 13

2.1 The development of the institute of

chartered of accountants of nigeria (ican) 13

2.2 The importance of ican in national development   17

2.3 The problems of the ican 20

2.4 Ican as an agency for continuing education 23

2.5Continuing education and the citizen’s

right to life long education        34

2.6The role of continuing education

in national development         39

2.7 Factors influencing the effectiveness

of continuing education         45

Research  Methodology70

3.1 Population of the study 70

3.2 Sampling procedure 71

3.3 Sample size 71

3.4 Instrumentation 72

3.5 Administration of questionnaire 73

3.6 Statistical technique used 74

Data presentation and analysis 75

4.1 Tests for Hypothesis 75

5.1 Discussion of results 80

5.2 Conclusions 85

5.3 Implication of the result         86

5.4 Recommendation 86

5.5 Area for further study 90

5.6 Limitation to the study 91