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By Henry Uche
Chartered Institute of Taxation of Nigeria (CITN) has issued professional licenses to 75 members of the Institute to enable them offer tax services in the most professional way.
During the presentation ceremony, 16th President of the Institute, Mr. Samuel Agbeluyi, charged the members to pay proper attention to things that matter and never be involved in any form of malfeasance.
“Today you are empowered to practice without fear or favor after passing through the rigorous process. As you go along, don’t forget that the Institute is watching you. So you must pay attention to things that matter,” he said.
Agbeluyi admonished them to prioritize continuous reading and doing research as the business world keeps evolving. “You must not fail to update yourself through studying and research if you must develop. You also need to collaborate with those ahead of you, because you can’t get along” he advised.
The Chairman, Taxation Standard & Practice Monitoring Committee of CITN, Dr. (Mrs) Ruth Arokoyo, urged the Licensees to uphold the virtues of honesty, accountability, transparency and probity.
“You must beware of ethical dilemma. Ensure proper documentations and don’t be afraid of the big names in the industry. You must strive for excellence and ensure the confidentiality of clients are guaranteed” she added.
In a presentation, a Tax Professional, Mr. James Obogwu, pointed that adherence to the regulatory provisions of the profession and Independence in decisions making while discharging Professional services among other principals of ethics, are imperative for them to soar in the volatile, uncertain, complex and ambiguous busi6 environment.
Obogwu maintained that, while rendering tax services to the publics, they too must not be found wanting with respect to compliance with tax matters and structure their businesses to align with corporate governance codes.
He counselled them to be careful with managing conflicts and financial issues, saying, “If you know the right thing to do and do it at the right time, you will thrive” he stressed.
Expressing happiness, a licensee, Mr Tomi Fagbuyi, said the License means a whole lot to him and he would operate on a higher level and make more impact to potential and prospective clients and Nigerian economy at large. “I am glad. This means a lot to me. It would spur me to deliver better because I learnt a lot today” he confirmed.
