Institute of Chartered Accountants (Ghana)

The Institute of Chartered Accountants (Ghana) was established in 1963.  It is the sole body charged with the regulation of the accountancy profession in Ghana.  Its members are the only persons recognised under the Companies Code Act  1963 for the purpose of audit of company accounts.  It is governed by a council of eleven chartered accountants.  The Council, headed by a President, holds office for a period of two  years.

Since the mid-sixties, the Institute of Chartered Accountants (Ghana) has been providing accountancy training at both technician and professional levels. However, in those early days, pass rates at various levels were impeded by the non-availability of reading materials for students. This trend experienced a turn around, in the eighties and has seen a major boost since accounting manuals for the four levels were introduced in November 2008.

The establishment of the ICAG School in June 2009 augmented the Institute’s effort to provide readily available tuition to prospective and regular students on part-time and regular streams.

This tie in with the Institute’s bid to provide quality tuition at the four levels (that is, Parts 1-4) in a conducive learning environment at the ICAG School located at Okponglo, East Legon, along the Trinity Theological Seminary-IPS Road.

The Institute of Chartered Accountants (Ghana) is a member of two international bodies, the sub-regional ABWA or Association of Accountancy Bodies in West Africa, and the IFAC or International Federation of Accountants, the worldwide organisation for the accountancy profession.