Do you love solving problems and have good reasoning abilities? Are you detail-oriented, practical and organised? Have a keen interest in the accounting world and want to help companies analyse profit margins and make good business decisions?
If so, you’re the perfect fit to become an accountant!
Accounting is a professional industry, so if you want to improve your technical knowledge and add more bells and whistles to your résumé, becoming a chartered accountant is the way to go. This will give you an industry edge and help you stand out from the crowd.
So, what can you do to become a Chartered Accountant in Nigeria? In this blog post, we will show you how; so keep reading to the very end of the page.
How To Become a Chartered Accountant in Nigeria
For you to become a chartered accountant in Nigeria, you need to be certified by the Institute for Chartered Accountants of Nigeria (ICAN). Now, you might be wondering what exactly is ICAN?
What is ICAN?
The Institute of Chartered Accountants of Nigeria (ICAN) is a preeminent professional accounting body established to regulate the accounting profession in Nigeria. Founded in 1965 by the Act of Parliament No. 15 of the same year, ICAN’s primary mission is to ensure the highest standards of competence, ethical behavior, and professional conduct within the accounting and finance sectors.
ICAN serves as a crucial pillar in shaping the landscape of accounting and finance professions within the country. Through its rigorous educational programs, stringent examination standards, and unwavering dedication to ethical conduct, ICAN continues to contribute to the development, growth, and credibility of the Nigerian financial sector and beyond.
What are the requirements for ICAN?
Wondering what you need to have to enable you sit for ICAN? The following are the requirements:
- A Degree from an accredited University or HND from a recognized Polytechnic in Nigeria.
- A minimum of 5 Credits in your O’Level Results
- 2 recent passport photographs
- Certified Photocopies of your credentials including your Academic Transcripts & NYSC discharge certificate
How much is ICAN registration fee?
You will be required to pay a sum of ₦7,000 as the registration fee for the professional examination. This does not include any charges. There are different fees you have to pay for your ICAN exams depending on the level they are taking an exam in.
How To Register For ICAN
- Pay a professional examination registration fee is ₦7000 (bank charges not included) by paying directly at any commercial bank in Nigeria, WEB-PAY or QUICK-TELLER on the ICAN website.
- After payment, use the transaction reference and receipt number to complete your form online on the ICAN website. Applicants can continue their registration by clicking here
- Get a colored passport photograph of yourself. Scan it and add it to the registration form. Then click on submit after completing the form.
- Print out the completed form and sign it.
- Find a chartered accountant sponsor/referee to endorse & certify your application form and credentials on completion. Also, provide their name, membership number, and contact number.
- Your application will not be complete without a copy of your SSCE certificate, the PIN voucher, two certified passport photographs, three empty envelopes with your address and N50 stamp on each of them, a copy of your birth certificate and the original of the bank teller.
Let a Professional Help You With Your ICAN Registration
You don’t have to go through the hassle of handling your ICAN registration alone. You can pass the baton to us at Next Page Tutors and we will get it done for you with ease.
- Students to pay N13,000 to our access bank account: Next Page Tutors 1791348142 Access Bank Plc
- Complete the registration form using the
- Send O’level, Degree certificate, NYSC certificate and Birth certificate to nextpagetutors2019@gmail.com