ICAN Student Registration: These are the Approved Qualifications – Do you want to be a professional accountant? Here are the entry application requirements. ICAN Council has accepted qualifications as entry requirements which are listed in this post. As a matter of fact, all the information you require to get admitted as a professional student is in this post. There are also here the application procedures and all conditions to be satisfied for admission.
As a matter of fact, there are a lot of candidates like you from different academic discipline who register as professional students. So, there are also related subject accepted for different professional levels. Just sped some time to read through this to know what you will provide to become a professional student of ICAN.
The Institute of Chartered Accountants of Nigeria
The Institute of Chartered Accountants of Nigeria was initially formed under the name of “The Association of Accountants in Nigeria”. That was established in 1960. This was later absorbed into the Institute which was c r e a t e d by an Act of Parliament No.15 (The Act). This came into effect on September 1, 1965. The Institute had, as at July 31, 2020, f if t y one t thousand, f our hundred and f i f ty nine (51,459) members and two hundred and thirty three thousand, two hundred and seventy two (233,272) on the students’ list as at August 31, 2020.
Objects and duties
The objects and duties of the Institute, as laid down in section 1 (1) of the Act, are:
(a) “Determining what standards of knowledge and skills are to be attained by persons seeking to become members of the accountancy profession and raising those standards from time to time as circumstances may permit;
(b) Securing in accordance with the provisions of the Act, the establishment and maintenance of registers of Fellows, Associates and Registered Accountants entitled to practise as accountants and auditors and publishing same from time to time the list of those persons; and
(c) Performing through the Council under this Act the functions conferred on it by the Act
Entry Requirements: ICAN STUDENT REGISTRATION: THESE ARE THE APPROVED QUALIFICATIONS
Furthermore, in order to register as a student with the Institute, you must hold an acceptable qualification. The Council has accepted the following qualifications as entry requirements:
(a) Recognized degree of any University or Higher National Diploma of any Polytechnic; and
(b) Any other qualification for the time being approved by the Council. Approved qualifications under this category are:
(i) The final examination of Accounting Technicians Scheme, West Africa (ATSWA);
(ii) The final examination of the Institute of Chartered Secretaries and Administrators;
(iii) And, the final examination of the Association of International Accountants;
(iv) The final examination of the Chartered Institute of Bankers of Nigeria;
(v) The final examination of the Chartered Institute of Stockbrokers;
(vi) Furthermore, the final examination of the Chartered Institute of Taxation of Nigeria;
(vii) The final examination of the Association of Accounting Technicians, U.K;
(viii) The final examination of the Association of National Accountants of Nigeria; and
(ix) Executive Management Accountancy (Federal Treasury Academy, Stage III).
Application for registration
- Application for registration as a student must be made on-line, which requires an undertaking on the part of the applicant to abide by the rules and regulations laid down by the Council from time to time.
- Every applicant will be required to produce satisfactory evidence of his/her name, age and character together with certified photocopies of educational certificates and one certified passport size photograph.
- The Council reserves the right to grant or refuse any application or to terminate the registration of a student. Applicants must comply with the conditions set forth and must pay the applicable registration fee. If the application to register is unsuccessful, the registration fee is not refundable. The annual subscription for a successful applicant becomes payable immediately upon registration for the year of registration and thereafter on 1st January of each year of studentship.
Conditions to be satisfied
Every applicant for registration as a student must satisfy the Council that he/she:
(a) Possesses the basic educational qualifications set out above; and
(b) Is a fit and proper person to be registered.
Summing Up: ICAN STUDENT REGISTRATION: THESE ARE THE APPROVED QUALIFICATIONS
As a matter of fact, the entry requirements must be satisfied before you are granted the admission. Yet, the admission is simple and straight forward. Please, endeavor to have handy the photo copy of your academic credentials. For application, please click here. In order to register as a student with the Institute, you must hold a qualification not below University degree or its equivalent.
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