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OUR MANDATE
To promote the interests of our members and the accounting profession in Namibia.

About the Institute

The Institute of Chartered Accountants of Namibia (ICAN) is a voluntary not-for-profit member organisation that operates in terms of its Constitution and By-laws. The Institute was incorporated in 1990 and has a current membership base of 893 members at 31 December 2023.


ICAN is the custodian of one accounting designation, CA(NAM). Membership of ICAN is a requirement to use the designation CA(NAM).


The Institute operates from its head office in Windhoek, Namibia. Our main sources of revenue are membership fees, fees from continuous professional development and examination fees.

The Role of ICAN

The role of the Institute is to develop Chartered Accountants in Namibia. ICAN provides the following services to its members:

  • Provides continuous professional development opportunities to its members

  • Administers, conducts and controls the ICAN professional examinations

  • Administers investigation and disciplinary procedures

  • Provides technical support to members

  • Registration of qualified members

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Intro
About ICAN

Our Affiliations

MEMBERSHIP BODIES

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MEMBERSHIP PARTNERS

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STRATEGIC PARTNERS

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  1. A Mutual Recognition Agreement specifies that there are no additional education, training or examination requirements for members of the respective parties to register as members of each other’s institutes. This allows for ease of movement between the relevant countries. 

  2. A Membership Pathway Agreement establishes a relationship of mutual recognition of each other’s respective members to qualify for and use both the Chartered Accountant of Namibia (CA(NAM)) and Chartered Global Management Accountant (CGMA) designations.

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Our Purpose

MANDATE

To promote the interests of its members and the accounting profession in Namibia.

Guided by our mandate, ICAN commits to the following vision, mission and values:

OUR VISION:

To be and be seen to be the leading Namibian professional accounting body by reputation, expertise, and capacity.

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OUR MISSION:

  • Developing & upholding professional competence, standards & integrity.
     

  • Development of the profession to reflect the demographics of the Namibian Society.​
     

  • Enabling the accounting profession to speak with one voice on matters of national importance affecting the Profession.
     

  • Informing the general public & stakeholders of the accountancy profession to achieve a proper appreciation of its value & challenges.

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OUR VALUES:

  • Unrelenting integrity
     

  • The pursuit of excellence 
     

  • Respect for diversity, and quality.

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About The Integrated Report

BASIS OF PREPARATION

Welcome to ICAN’s 2023 Annual Integrated Report. The 2023 Annual Integrated Report of the Institute of Chartered Accountants of Namibia comprises of a summary of the Institute’s activities that took place during the year ended 31 December 2023. Its primary purpose serves to demonstrate the Institute’s value creation through strategy, governance, performance, risks and opportunities over the short, medium and long term. The report exhibits to stakeholders how the Institute utilizes the six capitals towards value creation.

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2023 Year in Review

KEY HIGHLIGHTS  |  Non-financial Performance 

9%

Membership Growth

5

Number of

CPD events held

83%

Employee Retention

225

In person

61

Virtual

Inaugural National Accounting 

Summit attendance 

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KEY HIGHLIGHTS  |  Financial Performance 

6%

GROWTH IN

REVENUE

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34%

GROWTH IN OTHER INCOME

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54%

GROWTH IN INTEREST RECEIVED

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MEMBERSHIP REPORT

The graphs below provide the gender, race, age, and category of Members as of 31 December 2023.

TOTAL MEMBERSHIP

893

MALE

474

BLACK

432

FEMALE

419

WHITE

461

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ICAN National Accounting Summit

We hosted our very first inaugural National Accounting Summit on the 16th and 17th of November 2023. We were pleased with the attendance and looking forward to the next one!