Omolabake Fasogbon
The Chartered Institute of Taxation of Nigeria (CITN) and the Association of Chartered Certified System Accountants Global (ACCSA Global) have signed a two-year Memorandum of Understanding (MoU) to advance digital abilities and international alternatives for Nigerian tax professionals.
The partnership signed in Abuja, creates a framework for joint work in synthetic intelligence (AI), digital transformation, govt management, worldwide certification, analysis, and coverage growth.
CITN in an announcement disclosed that the transfer goals to to put together tax and finance professionals for international digital economic system.
Speaking on the ceremony witnessed by key stakeholders, ACCSA Global International President, Mrs. Pamela Njemanze mentioned the deal displays a shared objective for excellence and data sharing to impression professionals with trendy abilities in AI, digital techniques and others related for international competitiveness.
“Today represents more than the formal signing of a document; it signifies our shared commitment to professional excellence, international cooperation, knowledge exchange, and the advancement of accounting, taxation, finance, and related professions in a technology-driven world,” she mentioned.
President and Chairman of Council of CITN, Mr. Innocent Ohagwa acknowledged that international collaboration was key to handle advanced tax challenges.
He famous that digital economic system taxation, cross-border transactions, transparency, and public belief require cross-border cooperation,assured that the settlement would fulfil its targets.
“Taxation and public finance are no longer confined to national borders. The challenges our members face – from digital economy taxation and cross-border transactions to transparency and public trust are shared by professionals worldwide,” Ohagwa mentioned.
Under the settlement, each our bodies will practice tax practitioners and policymakers in automated taxation, information analytics, and digital monetary techniques to enhance tax administration.
The initiative will even characteristic worldwide management schemes, trade visits, and examine excursions to expose members to international requirements.
