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.
Meet Our Council
The ICAN Council sets the strategy and oversees the effective management of the Institute.
Samuel NdahangwapoVice-President Training and Education Committee Chair
Cameron KotzeCouncil Member
Hartmuth van AlphenCouncil Member Tax Committee Chair
Martin ShaanikaCouncil Member Public Sector Committee Chair
Veneranda MahindiCo-opted Council Member
Johan De VosCouncil Member Marketing Committee Chair
Samantha SchwartzCo-opted Council Member Youth Committee Chair
Jurgen SanderCo-opted Council Member Coastal Committee Chair
Given the limited staff resources of the Institute, the Council and the Secretariat are reliant on the activities of the committees that have been established. These committees, in turn, are dependent on members and non-members who volunteer their time and in may cases the time of their employees to do the work of the Committees.
To create a forum for discussion of technical issues and matters relating to accounting and auditing faced by ICAN members, other relevant accounting bodies and the Public Accountants’ and Auditors’ Board.
To assist ICAN in discharging its duty to ensure that persons who qualify to be registered as Chartered Accountants in Namibia, possess the necessary levels of training, professional development and professional acumen.
To be influential on decisions made by stakeholders in Namibian tax matters, particularly in respect of decisions made by the Ministry of Finance, the Inland Revenue Department and Parliament, to improve outcomes for the Namibian public and ICAN’s members.
On receipt of a complaint, if the member is also registered with the PAAB, refer the matter to the PAAB. If the member is not registered with the PAAB, establish the credibility of the offense and if the complaint is credible, lodge a formal complaint with the Disciplinary Committee. The Investigation Committee then takes the role of the complainant in the remainder of the disciplinary process.
Upon receipt of a complaint, call a disciplinary hearing and if the member is found guilty of an offense, to sanction the member ranging from a fine to removal from the roll of members of ICAN.
To consider and decide on applications for Special Concessions with respect to the two professional examinations.
To influence and assist stakeholders with, and advise on, critical issues relating to the setting of standards, guidance and practices in the following areas, relating to the public sector.
To assist ICAN in discharging its duty to promote the Chartered Accountancy as a career choice in Namibia and to drive certain projects and initiatives that impact the pipeline of the CA profession, including the promotion of the CA brand amongst the youth.
To assist ICAN in discharging its duty to ensure that students who are on their journey to be registered as Chartered Accountants in Namibia, obtain the right quality of educational resources and fair examination opportunities.
The Secretariat staff execute the strategy of the Institute and report to Council.