Institute of Chartered Accountants of Nigeria (ICAN). A Complete Guide.
About The Institute of Chartered Accountants of Nigeria
The Institute of Chartered Accountants of Nigeria, ICAN, is a body of professional accountants in Nigeria.
Currently, there are two regulatory authorities for professional accountancy in Nigeria. One is ICAN. The other is the Association of National Accountants of Nigeria.
In 1960, The Association of Accountants in Nigeria (AAN) was established – where Chief Akintola Williams played the leading role. The aim of this association was to train Accountants.
Founded on 1st September 1965, the Institute of Chartered Accountants was established by an Act of Parliament No. 15 of 1st September, 1965 – from the existing accounting and auditing organizations inlcuding AAN.
When ICAN started operation, it has 250 members. In 2003, the membership of ICAN grew to 12,000. As of August 2004, the institution started training its members on Information Technology. By 2011, more members were being recruited, having a total of 32,725 members – and still growing. The current membership is over 50,000.
You can always get access to the latest information about ICAN at its official website. visit: https://www.icanig.org.
You can reach out to the ICAN office in Abuja here via Akintola Williams House, Plot 2048, Michael Okpara Street, Wuse Zone 7, Abuja.
You will love the ICAN’s anthem. With the organization’s motto being: accuracy and integrity. The anthem matches the core values – by producing world-class chartered accountants and maintaining ethical standards. Get the full anthem here: ICAN Anthem.
The headquarters of ICAN is in Lagos, Nigeria. The physical address is No. 16 Idowu Taylor Street, Victoria Island, Lagos. Call the office on +234 706 105 5076.
You can also send an email to: [email protected].
It has its annex office at No. 82, Murtala Mohammed Way, Ebute Metta, Lagos State.
What You Need to Know About ICAN Pathfinder
The ICAN Pathfinder is similar to past questions/study guide. It helps you prepare for your next exam diet. You can get the Pathfinder for all the 3 stages of the exam.
The institution often releases new Pathfinder after the examination to prepare candidates for the next exams. To download this file, go to the ICAN’s official website on this link.
Ican Registration. How to do it.
If you want to be a professional student, follow the steps below to register:
- Go to any Nigerian commercial banks. Pay N7,000 via Pay Direct. Payment can also be made on ICAN’s official website.
- When you are done with the payment, head to to website address on the receipt, register there.
- Now you will need a colored passport photograph. You will scan it then later add it to your registration form.
- Print out your completed application for, then sign it.
- Next, find a chartered accountant referee/sponsor. Include his/her name, phone number, and membership number.
- The completed application form needs to be certified by your referee/sponsor – so take it to him/her.
In case you want to register using the AAT results, the fee here is N23,500 (for induction/conference). Make sure that you add the receipt to the application.
Note: When you are done with the registration process, you can always check the Financial status/Exam on the ICAN portal. All enquiries can also be sent to [email protected].
How to Check ICAN Result
Checking ICAN result is simple.
You can do this easily on its official website. Simply follow the steps below: following simple steps:
- Head on to ICAN’s website.
- Click the menu and go to the student’s page.
- Now tap on the check Professional Results tab.
- You need to select the examination level ( either March, July, or November).
- Enter student examination number – yours, of course.
- Enter your student registration number (the 6 digits number).
- Finally, input you E-voucher PIN. This is your latest Exam Registration E-Voucher with twelve digits.
Following these steps will make it easy for you to check your results. Good luck!
How to Obtain ICAN Study Pack
You ought to be well prepared to achieve excellent results in your ICAN exams. Prioritize this aspect.
ICAN has helped you make this easier. How? The institution offers varieties of materials that will enhance your study and exam preparation stages. ICAN provides you with study packs, including mock questions and answers.
Obtain you study packs today, Click here.
What is The ICAN Exam Fee?
The ICAN exam fees differ. It depends on the level and also the tutorial center you choose to study. For use ttutorial alone, you can expect up to N27,000 per diets.
Now for the exam fee, this also depends on the number of diet. So be prepared for at least N100,000 for both skills and professional examinations. For non-accounting students, an additional foundation fee of N40,000 is needed.
Make sure your contact the institution in case of any updates.
Am I Eligible for ICAN Exemption?
You are eligible to register as a student of a professional exam if you have B.Sc or HND – in any field. Although you will still need to begin exams from Foundation, here, you are not eligible to be exempted in any subject.
You can find more details HERE.
The ICAN ATS Portal
You can access the ICAN’s ATS portal by using this link: www.icanexamsonline.org/ats. When the page opens, click on the diet Examination Application Form if you want to enroll with a pin voucher. To use Verve/Master/Visa ATM card/Pay direct, simply click the link ‘Examination/Financial status’.
ATS Exam Fee
Registration usually costs N6000. There are different methods of payment for this examination.
Make your payment, then get your payment receipt. When you are done with this, proceed with your application for the exam at: www.icanportal.org/ats/paymasters/paydirectindex.
Now input your Deposit Slip Number on the payment receipt, followed by your receipt number.
ICAN Accredited Institutions
Today in Nigeria, there are many ICAN accredited institutions. You can study in any one of them close to you. They will coach you for successful results.
Get the list of currently ICAN accredited institutions nationwide now, CLICK HERE TO DOWNLOAD.
- John Aina Ajibola has a Masters degree as an engineer and has over 3 years of teaching and research experience. He is happiest when on a bike and is also interested in electric energy and computer Science.