BEWARE OF WRONG PAYMENT
NOTE THAT ANY WRONG PAYMENT FOR EXEMPTION WILL NOT BE REFUNDED. PLEASE ENSURE YOU CONFIRM THE CORRECT AMOUNT BEFORE PAYMENT.
| Academic Qualification | Exemptions | Fee N | |
|---|---|---|---|
| A | Ph.D.(Accounting) with M.Sc. (Accounting) and B.Sc.(Accounting) | All subjects in Foundation and Skills Levels |
135,100.00 |
| B | M.Sc. (Accounting) obtained from ICAN accredited institutions in addition to B.Sc. in Accounting.) |
|
91,100.00 |
| C | M.Sc. (Accounting) obtained from ICAN accredited institutions but without B.Sc. in Accounting. |
|
38,400.00 |
| D | M.Sc. (Accounting) obtained from non-accredited institutions in addition to B.Sc. in any accounting related discipline. |
|
38,400.00 |
| E | B.Sc/HND (Accounting) obtained under the Mutual Co-operation Agreement with Tertiary Institutions (MCATI) |
|
135,100.00 |
| F | ATSWA (from year 2010) |
|
91,100.00 |
| G | ATS II (pre-2010) |
|
38,400.00 |
| H | B.Sc./HND (Accounting) obtained from ICAN- accredited institutions in Nigeria. |
|
80,100.00 |
| I | B.Sc./HND (Accounting) obtained from recognised institutions in Nigeria but not yet accredited by ICAN |
|
38,400.00 |
| J | B.Sc./HND (Accounting) obtained from foreign recognised institutions |
| 31,600.00 |
| K | B.Sc./HND (Accounting)/ Masters in Accounting and Finance (MAF) obtained from foreign recognised institutions. |
| 38,400.00 |
| L | B.Sc./HND (Accounting) obtained from recognised institutions in Nigeria and M.Sc./MBA Finance or Financial Management. |
|
91,100.00 |
| M | B.Sc./HND (Accounting) obtained from recognised institutions in Nigeria but not yet accredited by ICAN plus M.Sc./MBA Finance or Financial Management. |
|
73,300.00 |
| N | B.Sc./HND Taxation obtained from Nigeria accredited Institutions |
|
73,300.00 |
| O | B.Sc. Economics | A1. Business Environment | 24,750.00 |
| P |
|
A1. Business Environment | 24,750.00 |
| Q | B.Sc. Actuarial Science |
|
31,600.00 |
| R | B.Sc./HND (Insurance) |
|
31,600.00 |
| S | B.Sc./HND/B.A Business Admin/Management/Public Administration |
|
31,600.00 |
| T | B.Sc./HND Banking and Finance |
|
31,600.00 |
| U | B.Sc./HND Marketing |
|
31,600.00 |
| V | MBA/MBF in addition to B.Sc./HND in non- accounting discipline |
|
31,600.00 |
| W | B.Sc. (Ed.) Accounting or B.Ed. Business Education (Accounting option) |
|
38,400.00 |
| X | B.Ed. Education Management (Accounting Option) |
|
38,400.00 |
| Y | B.Ed(Business Education |
|
24,750.00 |
| Z | B.Sc./B.A Commerce |
|
31,600.00 |
| AA | B.Sc./HND Cooperative and Rural Development |
|
31,600.00 |
| AB | LL.B/LL.M/LL.D | A4. Corporate and Business Law | 24,750.00 |
Professional qualifications |
|||
| Qualifications | Exemptions | Approved Rate N |
|
| a | Associate Chartered Institute of Bankers of Nigeria (ACIBN) |
All subjects in Foundation Level and |
80,100.00 |
| b | Associate Institute of Financial Services, UK (Formerly Chartered Institute of Bankers, London) |
|
31,600.00 |
| c | Associate Chartered Institute of Stock Brokers of Nigeria (ACIS) |
|
38,400.00 |
| d | Associate Institute of Chartered Secretaries and Administrators (AICSA) |
|
38,400.00 |
| e | Associate Chartered Institute of Insurance of Nigeria (ACIIN) |
|
31,600.00 |
| f | Associate Chartered Institute of Taxation of Nigeria (ACITN) |
All subjects in Foundation Level except Management Accounting (A3.) plus |
73,300.00 |
| g | Certified National Accountant of Nigeria (CNA) |
All subjects in Foundation and Skills Levels | 135,100.00 |
| h | Nigeria Institute of Management (Chartered) |
|
24,750.00 |
| i | Executive Management in Accounting (EMA) obtained from Federal Treasury Academy with effect from 1987 (Formerly Federal Treasury Training School) |
|
80,100.00 |
| j | ICAEW |
|
222,000.00 |
| k | CIPFA, UK | All levels except the following subjects in each of the level: |
203,400.00 |
| l | CIMA, UK | All levels except |
210,200.00 |
| m | ACCA, UK CPA, USA ICAS, UK ICAI, UK |
All levels except the following subjects in each of the level: |
192,400.00 |
| n | ACCA, UK CPA, USA ICAS, UK ICAI, UK in addition to B.Sc in Accounting Obtained from Nigeria |
All levels except the following subjects in each of the level: |
199,100.00 |
| o | AIA (Final) with effect from 1994 AAT (UK) |
|
73,300.00 |
| p | AIA (Pre-1994) |
|
38,400.00 |
| Levels |
Rates |
|||||
|
|
1 paper |
2 papers |
3 papers |
4 papers |
5 papers |
6 papers |
|
Foundation |
24,750.00 |
31,600.00 |
38,400.00 |
45,200.00 |
- |
- |
|
Skills |
34,900.00 |
45,900.00 |
56,900.00 |
67,900.00 |
78,900.00 |
89,900.00 |
|
Professional |
37,900.00 |
50,300.00 |
62,700.00 |
75,100.00 |
87,500.00 |
- |
BEWARE OF WRONG PAYMENT
NOTE THAT ANY WRONG PAYMENT FOR EXEMPTION WILL NOT BE REFUNDED. PLEASE ENSURE YOU CONFIRM THE CORRECT AMOUNT BEFORE PAYMENT.
ATS EXEMPTION FEES |
|||
S/N |
QUALIFICATION |
LEVEL OF EXEMPTION |
CURRENT RATE(₦) |
| 1 | OND Accounting (Accredited Institution) | Part I & II (All Subjects) | 28,300.00 |
| 2 | NCE Accounting (Accredited Institution) | Part I & II (All Subjects) | 28,300.00 |
| 3 | OND Fin. Studies/Banking & Fin. | Part I & PPFA in Part II | 23,200.00 |
| 4 | OND Bus. Studies/Bus. Admin. | Part I (All Subjects except Law) | 11,950.00 |
| 5 | AAT U.K | Parts I, II & III (Except Bus Law [I] Govt. Acctg [II] & PTCR [III]) | 40,000.00 |
| 6 | OND Statistics | Q/A | 9,800.00 |
| 7 | OND Computer Science | I.T | 9,800.00 |
| 8 | OND Insurance | Q/A | 9,800.00 |
| 9 | OND Marketing | Economics | 9,800.00 |
| 10 | Diploma in Accounting (Uni. Ben.) | Parts I & II (Except Govt. Acctg) | 26,550.00 |
| 11 | Diploma in Public Accounting (Kad. Poly) | Parts I & II (All Subjects) | 28,300.00 |
| 12 | Diploma in Public Accounting (Kwara Poly) | Parts I & II (All Subjects) | 28,300.00 |
| 13 | Diploma in Accounting (Uni. P/H) | Part I & PPFA in Part II | 23,200.00 |
| 14 | OND Accounting (NASFA) | Parts I & II (All Subjects) | 28,300.00 |
| 15 | OND (Petroleum Marketing & Bus. Studies) | Business Law | 9,800.00 |
| 16 | Diploma in Accounting (Olabisi Onabanjo Uni.) | Parts I & II (All Subjects) | 28,300.00 |
| 17 | OND Accounting (Non Accredited Institution) | Part 1 Only | 13,400.00 |
| 18 | OND Accounting & ATS1 | Part11 only | 14,850.00 |
The Faculty is a cluster or group of members interested in the pursuit of knowledge, research and advancement in a particular area of expertise in the practice of accounting which includes but not limited to the following:
As centres of excellence, the eight Faculties are to provide technical support to members as well as offer them opportunities to Specialise in any area(s) of their choice. Faculties are therefore conceived as service and capacity building units of the Institute designed to support members as they carry out their respective value creating activities. Faculties register, train, and issue certificates to their members as evidence of proficiency and competence in their area of specialization.
Membership of the Faculty is open to all members of the Institute. Members can join their preferred faculty by sending mail to faculty@ican.org.ng OR For Manual registration:
A member is allowed to belong to a minimum of 1 (one) Faculty and maximum of 3 (three) Faculties.
All stakeholders benefit from the creation of Specialised Faculties.
All Faculties' programmes are open to all ICAN members whether or not one is a registered member of that Faculty. However, non-members of that Faculty may be required to pay a token fee to participate.
Going by the decision of the Council of the Institute, with effect from 2009, members are obliged to belonging to at least one and a maximum of 3 Faculties.
After paying the initial registration fee, subsequent fee to be paid is annual subscription falling due on 1st January of each year.
Yes. Non-members have been benefitting from the Faculties' programmes by having access to the resources both printed and on-line. However, the certification / proficiency training are currently limited to members only.
If after registration for a particular Faculty and one desires a different one, a formal letter is written to the Institute requesting for a change from the initial Faculty and stating which Faculty one now wants to belong.
The difficulty in accessing online registration may be attributed to the traffic at the site at a particular time.
Faculty registration form is not attached to journals, etc because the form is already on ICAN WEBSITE.
All the programmes of the Faculties attract credit hours, which depends on the depth of coverage.
The objective of the Faculties is to build professional capacity for service delivery and extend the horizon of members. Therefore, members are in no way restricted from benefiting from knowledge available in any of the Faculties.
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