The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) is a leading and recognised professional body dedicated to enhancing the status and practice of corporate governance and administration in both the public and private sectors of the economy. All Acronyms has a list of 123 CAMA definitions. Part A. What does CAMA stand for? Laws of the Federal Republic of Nigeria 1990 . CAMA provides under Part A for the procedure of incorporation for limited and unlimited liability companies, and also for companies limited by guarantee. The procedure is as follows: Step A: Reservation of Name. Under the Companies and Allied Matters Act, Chapter C20, Laws of the Federation of Nigeria, 2004 (CAMA) a resolution may be passed as ordinary or special resolution. The convergence could be in the form of a comprehensive review and revamping of the SASs to fully comply with IFRSs, or a full adoption of IFRS as the financial reporting framework for Nigeria . Chapter 59. and Allied Matters Act, LFN 2004 (CAMA) (2) Any term or expression that is defined in the Act and used but not defined in this regulation shall have the same meaning as in the Act. The Commission shall be open to the public on every working day for the Contents . Companies Companies and Allied Matters Act. (3) FRC means Financial Reporting Council 3. Updated November 2019. Top CAMA acronym meaning: Central Automatic Message Accounting This is the first step prior to the incorporation of any company in Nigeria. This process has already started as the NASB has issued a number of Exposure Drafts in recent months to update and improve Nigerian reporting requirements. An ordinary resolution is one passed by at least 50% of the votes plus one while a special resolution is …