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Test Code : CPFO
Test denomination : Certified Public Finance Officer (Governmental Accounting, Auditing, and financial Reporting)
Vendor denomination : Financial
real questions : 203 true Questions

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Certified Public Finance Officer (Governmental Accounting, Auditing, and financial Reporting) book

Umar Balarabe: Astute accountant and public officer par excellence | CPFO true Questions and VCE practice Test

Alhaji Umar Ahmad Balarabe is an accomplished expert and individual public officer who has persisted to ensure excellence and transparency in his set because the Accountant accustomed of Sokoto State. His potential to possess an upshot on individuals’s lives through his knowledgeable scholarship and kindness has endeared him to any and this singular factor opens doorways for him wherever he goes. with out mincing phrases, he's a talented administrator who makes employ of his potential, intellect and exceptional brilliance to control the Sokoto situation treasury for material accountability.

Having acquired a teachers’ Grade II certificate in 1980, he proceeded to the faculty of Administration, Sokoto after which he bagged a diploma in public accounting and auditing from The Polytechnic Sokoto and later a Bachelor diploma in management as well as a grasp in business Administration from Usmanu Danfodiyo school, Sokoto.

throughout his expert provider to his situation and the Nigerian nation, Balarabe has held many management positions which comprises; accountant, inside auditor and bursar at the school of Administration, Sokoto. He turned into a most primary accountant on the Sokoto situation fundamental schooling Board, Director of Finance at Sokoto situation hearth carrier, Director of Finance, Admin and generic features on the cabinet office, Sokoto; Deputy Director and in consequence Director of Treasury at the Ministry of Finance, Sokoto before he became duly multiplied to his present place. aside from these positions, he has additionally labored as an element-time lecturer for over 21 years at the Polytechnic, Sokoto and Usmanu Danfodiyo tuition.

clever and insightful, he speaks about his occupation with Great delight and authority which makes one Come to the conclusion that he is a colossus in the accounting career. He applauded the Institute of Chartered Accountants of Nigeria (ICAN) for placing in district controls and regulations that possess helped to solidify the accounting profession in Nigeria.

according to him, “there are many professional codes and ethics that must be complied with by using the authorities in practice. as an example, ICAN recommends observe overview guidelines, framework reporting on inside controls over economic reporting, audit checklist and fine manage of audit. presently, the institute has developed what's known as ICAN Accountability Index purposely to inspire superior accountability and transparency in fiscal and public finance administration practices in Nigeria by speedy-tracking implementation of IPSAS Accrual foundation within the three tiers of govt and to serve as a device of enlightenment and advocacy on public sector accountability and public finance management for the citizenry amongst others. ICAN has been doing smartly in regulating the apply of accounting and additionally in the working towards of individuals. It supports annual Accountants educational convention and has incredible examine packs in collaboration with ACCA with stalwart contents via bringing in concurrent concerns fancy integrated reporting.”

Given his colossal event within the accounting occupation which has seen him current highbrow papers at conferences inside and outdoors the shores of Nigeria, Balarabe is of the belief that Nigeria is blessed with brilliant expert accountants but lacking the publicity to modern practising approaches certainly within the areas of purposeful assistance technology and proper understanding of IFRS and IPSAS and their functions which places them beneath their counterparts within the western world.

“sadly, the financial Reporting Council is not assisting matters in terms of offering assist in the provision of existing accounting materials, ample working towards and foreign collaborations. experts within the foreign international locations possess a conducive environment, training substances and respectable collaborations between tutorial and professional their bodies, an outstanding knowing of accounting and audit software, practical practicing on modern considerations, respectable research methods in addition to setting up a specialization in new areas of accounting. a further concern of concern is the fact that they adopted any of the rules of IFRS and IPSAS which can be any international bodies devoid of seeing that their political, educational and socio-economic buildings. for this reason, i'll dispute their foreign counterparts are more suitable”, he said.

professional par excellence, the astute Accountant well-known of Sokoto situation is a member of the Nigeria Institute of management, a fellow of the Institute of certified Public Accountants of Nigeria and fellow of the Institute of Treasury management. he's besides a member of the Federation money owed Allocation Committee amongst a number of other committees on the situation and federal tiers. His commitment and dedication to service possess seen him win accolades within and outdoors skilled circles.

He entreated upcoming gurus in accounting to any the time observe the regulations of the occupation, acquire useful training from audit establishments and additionally find any fundamental expert certifications.

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