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ICAN Registration and Exemption Guide 2018

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ICAN Registration and Exemption Guide 2018

ICAN Registration Fees and Exam Fees

Kindly check below for the procedures on how to apply for ICAN Membership
You are required to write examination and pass before you will be inducted. Below are the basic steps you can take to apply for ICAN.
You will be required to obtain a Pin from Zenith Bank at the rate of N7000.00. Just walk up to the nearest Zenith Bank Branch, tell the Teller that you need an ICAN Registration Pin, after filling your deposit slip, pay N7000, and wait for your Pin which will be given to you in less than 3 minute. I love that bank.
Log on to ICAN Website that is written on the PIN, the Teller gave you. You will also be required to use information on the pin to log on to the website.
Click on to students’ professional registration and fill your data on the form.
Obtain a coloured passport photograph of yourself. Scan the passport photograph on the form.
Click twice on submits to submit the application on-line.
Print out a copy of the application form
Append your signature
Get a chartered accountant as your referee/sponsor.
Provide his/her membership number, name and phone number.
Take the printed copy of the completed application form and the photocopy of your credentials to your referee/sponsor for certification.
Students using aat result should pay n23,500 being the cost of induction/conference and attach the photocopy of the receipt to the form.

Attach the following:
1. Original copy of the pin voucher
2. Two copies of certified passport photograph
3. Three self addressed envelopes with n50. Stamp affixed on each of them.
4. Original copy of the bank teller
For further enquiry, Contact professionalexams@ican.org.ng

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Also find below, the ICAN Registration Fee and Examination Fee.
Institute Of Chartered Accountants of Nigeria

ICAN FEES AND PAYMENT

ICAN Reg Fee  N7,000

ICAN Exam Fee Per paper

CONTACT ICAN
Tuition Fee
Knowledge  = N 20,000 per paper
Application  = N 22,500 per paper

Professional= N 25,000 per pape
(10% discount applies for corpers)

PROFESSIONAL EXAMINATION EXEMPTION FEES

FOUNDATION LEVEL

1. ONE PAPER IN FOUNDATION LEVEL 17,500.00

2. TWO PAPERS IN FOUNDATION LEVEL 18,700.00

3. THREE PAPERS IN FOUNDATION LEVEL 19,900.00

4. FOUR PAPERS IN FOUNDATION LEVEL 21,100.00

5. ALL PAPERS IN FOUNDATION LEVEL 22,300.00

SKILLS LEVEL

6. ONE PAPER IN SKILLS LEVEL 26,200.00

7. TWO PAPERS IN SKILLS LEVEL 30,700.00

8. B.SC/HND (ACCOUNTING) OBTAINED UNDER THE MUTUAL CO-OPERATION AGREEMENT WITH TERTIARY INSTITUTIONS. 

All papers in Foundation Level and four (4) papers in Skills Level:

Quantitative Techniques in Business
Business and Finance
Financial Accounting
Management Information
Business Law
Financial Reporting
Audit and Assurance
Taxation
Performance Management 66,500.00

9. ATS 11 (OLD SYLLABUS)(1989 – March 1999):

Four (4) papers in Foundation Level:

Quantitative Techniques in Business
Business and Finance
Financial Accounting
Management Information     21,100.00

10. ATSWA III (NEW SYLLABUS): (September 1999 to date)
All papers in Foundation Level and two papers in Skills Level:
Quantitative Techniques in Business
Business and Finance
Financial Accounting
Management Information
Business Law
Audit & Assurance
Taxation  53,000.00

11. B.SC/HND (ACCOUNTING) OBTAINED FROM ICAN ACCREDITED INSTITUTIONS IN NIGERIA
All papers in Foundation Level and two papers – Audit & Assurance and Taxation in Skills Level  53,000.00

12. B.SC/HND ACCOUNTING FROM RECOGNISED INSTITUTIONS IN NIGERIA BUT NOT YET ACCREDITED BY ICAN
Three (3) papers in Foundation Level:
Quantitative Techniques in Business
Financial Accounting
Business Law     19,900.00

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13. B.SC/HND (ACCOUNTING) FROM FOREIGN RECOGNISED INSTITUTIONS
Three (3) papers in Foundation Level:
Quantitative Techniques in Business
Financial Accounting
Management Information   19,900.00
 
14. M.Sc (ACCOUNTING) FROM ICAN ACCREDITED INSTITUTIONS IN ADDITION TO B.Sc IN ACCOUNTING
All papers in Foundation Level and three (3) papers in Skills Level:
Quantitative Techniques in Business
Business and Finance
Financial Accounting
Management Information
Business Law
Financial Reporting
Audit and Assurance
Taxation 57,500.00

15. M.Sc (ACCOUNTING) OBTAINED FROM ICAN ACCREDITED INSTITUTIONS BUT WITHOUT B.Sc IN ACCOUNTING
Three (3) papers in Foundation Level:
Quantitative Techniques in Business
Financial Accounting
Management Information   19,900.00

16. M.Sc (ACCOUNTING) OBTAINED FROM RECOGNISED INSTITUTIONS IN ADDITION TO B.Sc IN ANY ACCOUNTING RELATED DISCIPLINE: ECONOMICS; BANKING & FINANCE; ACTURIAL SCIENCE; INSURANCE; BUSINESS ADMINISTRATION; MARKETING

Three (3) papers in Foundation Level:
Business and Finance
Financial Accounting
Business Law             19,900.00

17. Ph.D (Accounting)
M.Sc (Accounting)
B.Sc (Accounting)

All papers in Foundation Level and Skills Level except Public Sector Accounting and Finance:
Quantitative Techniques in Business
Business and Finance
Financial Accounting
Management Information
Business Law
Financial Reporting
Audit and Assurance
Taxation
Performance Management
Management, Governance & Ethics    66,500.00

18. ASSOCIATE CHARTERED INSTITUTE OF BANKERS OF NIGERIA

Four (4) papers in Foundation Level:
Quantitative Techniques in Business
Business and Finance
Financial Accounting
Business Law 21,100.00

19. ASSOCIATE CHARTERED INSTITUTE OF BANKERS OF LONDON (NOW INSTITUTE OF FINANCIAL STUDIES)

Three (3) papers in Foundation Level
Quantitative Techniques in Business
Business and Finance
Financial Accounting     19,900.00

20. ASSOCIATE CHARTERED INSTITUTE OF STOCK BROKERS OF NIGERIA
Four (4) papers in Foundation Level
Quantitative Techniques in Business
Business and Finance
Financial Accounting
Business Law 21,100.00

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21. ASSOCIATE CHARTERED SECRETARIES AND ADMINISTRATORS

Four (4) papers in Foundation Level
Quantitative Techniques in Business
Business and Finance
Business Law
Financial Accounting     21,100.00

22  ASSOCIATE OF CHARTERED INSTITUTE OF INSURANCE OF NIGERIA

Three (3) papers in Foundation Level
Quantitative Techniques in Business
Business and Finance
Business Law 19,900.00

23  ASSOCIATE CHARTERED INSTITUTE OF TAXATION OF NIGERIA

Four (4) papers in Foundation Level and One (1) paper in Skills Level:
Quantitative Techniques in Business
Business and Finance
Financial Accounting
Business Law
Taxation 47,300.00

24  CERTIFIED NATIONAL ACCOUNTANTS OF NIGERIA
All papers in Foundation Level and Two (2) papers in Skills Level:
Taxation
Public Sector Accounting & Finance   53,000.00

25. FEDERAL TREASURY TRAINING SCHOOL (NOW FEDERAL TREASURY ACADEMY) STARTING FROM 1987            

All papers in Foundation Level and Two (2) papers in Skills Level:
Audit and Assurance
Taxation    53,000.00

26   CIMA (UK)    All papers in Foundation Level except Business Law.

All papers in Skills Level except Public Sector Accounting & Finance.

Three subjects in Professional Level except Advanced Audit & Assurance; Advanced Taxation.

104,250.00

27   ACCA – UK
CPA – USA
CIPFA – UK
ICAS – UK
ICAEW
ICAI, UK
All papers in Foundation Level except Business Law

All papers in Skills Level except Public Sector Accounting & Finance

All papers in Professional Level except Advanced Taxation 109,500.00

28. ASSOCIATION OF INTERNATIONAL ACCOUNTANTS (FINAL) 1994 TO DATE

ASSOCIATION ACCOUNTING TECHNICIAN (UK)
All papers in Foundation Level except Business Law One (1) paper in Skills Level: Audit and Assurance 47,300.00

29. ASSOCIATION OF INTERNATIONAL ACCOUNTANTS (PRE – 1994)
All papers in Foundation Level except Business Law  21,100

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