The President of the Institute of Chartered Accountants of Nigeria (ICAN), Dr. Innocent Okwuosa, on Thursday, clarified that the institute was not a beneficiary of federal government’s budgetary support and would not be affected by the government’s decision to discontinue funding of professional bodies from next year.
Okwuosa stated that the clarification became necessary following a federal government’s circular that it would stop budgetary allocations to professional bodies.