Frequently Asked Questions

The acronym ICAN stands for the Institute of Chartered Accountants of Nigeria.
A member of the Institute is called a Chartered Accountant. You can be a full member if you can successfully pass and complete all the Courses as applicable in all stages.

The degree of any University or Higher National Diploma of any Polytechnic recognized by ICAN regardless of the Course studied.

Examinations are conducted in May and November each year.

The Examination is made up of 3-Parts Structure with 15 Subjects (Foundation, Skills, & Professionals). All graduates of accounting from ICAN recognized Institutions start from the Skills Level.
  • Business, Management and Finance
  • Financial Accounting
  • Management Information
  • Business Law

  • Financial Reporting
  • Audit and Assurance
  • Taxation
  • Corporate Strategic Management and Ethics
  • Performance Management
  • Public Sector Accounting and Finance

  • Corporate Reporting
  • Advanced Audit and Assurance
  • Strategic Financial Management
  • Advanced Taxation
  • Case Study

While it is necessary to prepare appropriately for the Exam in order to get good scores, the general pass mark is 50%. There is no grade allocation like first class, second class upper or lower etc.

  • Global recognition
  • Insurance for all Members
  • Affiliation/Exemptions for courses with International Professional Bodies
  • Access to Research Grant
  • Increased Workplace Efficiency
  • Adding of the certification title “A.C.A” to your name
  • Assistance in getting Employments and also competitive Advantage
  • Increase earning potential and also access to high rewarding employments
  • Discounts at Hotels
  • Getting a Certification and credibility outside your formal field
  • Chances of Starting from Grade 10 in the Public Service/Sector
  • Become an Erudite in the Accounting Profession even without study Accounting as a course

Only some specific Accounting related courses and Professional courses are granted exemption from either the Foundation stage or part of it and /or some or all the courses in Skill Stage. This include among others: ATSWA, Insurance, Economics, Law, Banking and Finance, Marketing, Economics, Business Admin, ACCA UK, CIMA UK etc. Study the Exemption Guidelines in the Syllabus or on the website to determine your Exemption.

Any recognized University degree or Higher National Diploma of any Polytechnic in any Course or discipline can write ICAN.

  • Qualified and Competent Lecturers
  • Physical and Virtual/Online Lectures (Hybrid Lectures)
  • Assistance and guidance with registration and with regards to references
  • Comfortable Classrooms
  • Serene and conducive environment
  • Spacious Parking Facilities

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