IFAC President's Visit to ICAN
IFAC President’s Visit to ICAN
Dr. In-KI Joo, the President of International Federation of Accountants (IFAC) made a visit to the Office of the Institute of Chartered Accountants of Nepal (ICAN) on 7 April 2019. The visit to the Institute was coincided with his presence in the SAFA Board meeting held on 6 April 2019 in hotel Radisson, Kathmandu, Nepal.
During IFC President’s visit to the Institute, a meeting was organized to share with him about ICAN, the accountancy profession in Nepal and functioning modalities of the Institute including that of the Nepal Accounting Standards Board and Nepal Auditing Standards Board. The President of the Institute CA. Jagannath Upadhyay Niraula heartily welcomed Dr. In-Ki Joo in the meeting where Vice-President CA. Krishna Prasad Charya, Chairman of Nepal Accounting Standards CA. Mahesh Khanal, Chairman of Auditing Standards Board, Nepal, CA. Anup Kumar Shrestha, Executive Director CA. Sanjay Kumar Sinha and the department heads of the Institute were present.
A presentation on the related subject was made by the Executive Director of ICAN CA. Sanjay Kumar Sinha, Chairman of Accounting Standards Board CA. Mahesh Khanal and Chairman of Auditing Standards Board, Nepal, CA. Anup Kumar Shrestha followed by discussion with the visiting president of IFAC. Dr. In-Ki Joo’s queries on the governance, structure, functioning modalities of ICAN and relationship of ICAN with the state’s authorities were settled by the President and Vice-President. Dr. In-Ki Joo also visited the office of Nepal Accoutning Standards Board and Auditing Standards Board, Nepal after he received the through understanding of the standards formulation and pronouncement process in Nepal during the meeting.
It was a matter of pleasure of the President of ICAN, CA. Jagannath Upadhyay and the Institute on behalf of all members of the Institute to mark the IFAC President Dr. In-Ki Joo’s remarkable visit to the Insitute.