Institute of Chartered Accountants, Ghana (ICAG)
The Institute of Chartered Accountants, Ghana (ICAG) is the body responsible for the certification and regulation of accountancy practice in Ghana as enshrined in the Companies Act, 1963 (ACT 179). ICAG examination is done twice a year, and upon passing the tests, the individual gets the recognition as a certified accountant and thus can freely practice public accounting in Ghana. The Programme consists of three (3) levels and fourteen (14) modules as follows;
Level 1
• Paper 1.1 Financial Accounting
• Paper 1.2 Business Management and Information Systems
• Paper 1.3 Business and Corporate Law
• Paper 1.4 Quantitative Tools in Business
Level 2
• Paper 2.1 Financial Reporting
• Paper 2.2 Management Accounting Paper
• Paper 2.3 Audit and Assurance
• Paper 2.4 Financial Management
• 2.5 Public Sector Accounting Finance
• Paper 2.6 Corporate Strategy, Ethics and Governance
Level 3
• Paper 3.1 Corporate Reporting
• Paper 3.2 Advanced Audit and Assurance
• Paper 3.3 Advanced Financial Management
• Paper 3.4 Taxation and Fiscal Policy