During the Closing Ceremony of the 54th Annual Accountants’ Conference which held on Thursday, October 10, 2024, at the Abuja Continental Hotel, Abuja, the ES/CEO of the Financial Reporting Council, Dr. Rabiu Olowo, delivered a memorable goodwill message
In his message, Dr. Olowo emphasized the theme of this year’s conference, “Reimagining Governance”, highlighting Nigeria’s respected position globally for its alignment with international standards in reporting, assurance, and governance. He affirmed, “We are building on that well-deserved reputation by introducing even higher standards of conduct for Chartered Accountants.”
Over the past year, the FRC has demonstrated its commitment to fair and proportionate regulation, focusing on improving reporting, audit quality, and governance. Dr. Olowo outlined key initiatives undertaken by the Council, including the development of new Codes of Governance for both the Public Sector and the Not-for-Profit Sector, the establishment of a National Repository for Financial Statements (set to launch on January 1, 2025), and the adoption of the ISSB’s Sustainability Standards.
The event was officially closed by H.E. Malam Umar A. Namadi, FCA, Executive Governor of Jigawa State, marking an extraordinary conference filled with impactful sessions and invaluable connections.
The FRC remains dedicated to serving the public interest and supporting Nigeria’s economic growth through high standards of governance.
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