ICAN is the Institute that promotes the interests of its members and the Accounting Profession as a whole. Membership of ICAN is a requirement to use the designation CA(NAM). Though ICAN is not a regulator, it has the power to sanction members for non-compliance with the IESBA Code of Ethics for Professional Accountants. This power is subject to the investigation and disciplinary role of the Public Accountants and Auditors Board (“PAAB”) where the relevant ICAN member is also registered with the PAAB.
In terms of it’s constitution the Institute endeavours to:
- promote the common interest of persons carrying on the accounting profession throughout Namibia.
- advance the theory and practice of accountancy in all its aspects.
preserve at all times the professional independence of members of the accounting profession. - strive for a high standard of professional conduct and to preserve and maintain the integrity and status of the accounting profession in Namibia.
encourage growth in the accounting profession in Namibia.
VISION
ICAN’s vision is to be and be seen to be the leading Namibian Professional Accounting Body by reputation, expertise, and capacity.
VALUES
ICANs values are Unrelenting Integrity, the Pursuit of Excellence, Respect for Diversity and Quality.
MISSION
• Developing & upholding professional competence, standards & integrity.
• Development of the profession to reflect the demographics of the Namibian Society.
• Enabling the accounting profession to speak with one voice on matters of national importance affecting the profession.
• Informing the general public & stakeholders of the Accountancy Profession to achieve a proper appreciation of its value & challenges.