Chatered Institute: House Of Reps Rejects Forensic Audit Bill - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Abubakar Abubakar
April 17, 2019
The House of Representatives rejects the Bill for an Act to establish the Chartered Institute of Forensic and investigative auditors of Nigeria for effective regulation and registration of members.
The bill also determines the knowledge and skills that a practitioner requires to attain in order to qualify to practice as a Forensic and Investigative Auditors.
The bill was sponsored by Uzoma Nkem-Abonta and two other lawmakers.
The bill which passed first reading was rejected by the House for the conflicting role of the Chartered Institute of Forensic and Investigative Auditors of Nigeria with similar professional body such as the Institute of Chartered Accountants of Nigeria.
The bill also had conflicting role with the Association of National Accountants of Nigeria.
Contributing to the debate on the bill, the Deputy Speaker, Yussuf Lasun stated that since the word audit was being contested, it could for clarity purposes be coined to read forensic investigators or experts.