ICAS report accuses ACCA of scramble for Africa

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In the blistering heat of sub-Saharan West Africa, an unseen battle is raging for accountants hearts and minds - according to research commissioned by ICAS. Chibuike Uche, of the university of Nigeria, has authored a report arguing that ACCAs international presence has stunted the ability of developing countries to train and develop their own accounting manpower. Rob Lewis reports.

The report looks at accounting practices in Nigeria, Ghana and Sierra Leone (where the average life expectancy is 41). Accounting bodies like ACCA have increased the tempo of their membership drive in these countries to the detriment of the indigenous bodies, Uche summarized.

Local professional bodies such as the Institute of Chartered Accountants of Ghana (established 1965) cannot compete with ACCA in term...

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