ICAN

ICAN Financial Instruments Webinar 2024

Leave a Comment / ICAN

ICAN Financial Instruments Webinar 2024.

The Institute of Chartered Accountants of Nigeria (ICAN) is thrilled to announce a prestigious event tailored exclusively for the ICAN community – the Financial Instruments Webinar, scheduled to take place virtually on the 15th of February 2024. This event promises valuable insights into the realm of financial instruments, with a focus on “Financial Instrument: Definition & Presentation.”

👤 Speaker: Dr. Ade Adebayo Shuaib, FCA
📅 Date: February 15, 2024
🕒 Time: 10:00 AM – 12:00 PM (GMT+1)
📌 Venue: Virtual Event

🎓 Earn Valuable Credit Hours with ICAN’s Exclusive Webinar

🌐 Registration Details:
To participate, ICAN members are invited to register for free through the following link: Financial Instruments Webinar Registration

ICAN Financial Instruments Webinar 2024

ICAN Financial Instruments Webinar 2024

This exclusive webinar is designed to enrich the Corporate Reporting Faculty, and attendees will be awarded credit hours for their participation.

🔍 More Information:
For additional details and inquiries, please contact:
📞 Phone: 09053847531
📧 Email: faculty@ican.org.ng, contactcentre@ican.org.ng

Don’t miss this opportunity to enhance your understanding of financial instruments and gain valuable credit hours for your professional development. Secure your spot today by registering through the provided link.

ICAN Financial Instruments Webinar 2024 Read More »

ICAN MoU with Foreign PAOs to Benefit Candidates and Chartered Accountants

Leave a Comment / ICAN

ICAN MOU with Foreign PAOs to Benefit Candidates and Chartered Accountants. A Memorandum of Understanding (MoU) was signed between the Institute of Chartered Accountants of Nigeria (ICAN) and several foreign Professional Accountancy Organizations (PAOs) on September 8, 2023. The MoU was signed in Lagos, Nigeria, by the President of ICAN, Dr. Innocent Iweka Okwuosa, and the representatives of the PAOs.

The purpose of the MoU is to promote cooperation and collaboration between ICAN and the PAOs in areas such as:

  • Professional education and training
  • Research and development
  • Standard setting
  • Quality assurance
  • International mobility of accountants
  • Public interest oversight

The MoU is a significant step in ICAN’s efforts to strengthen its international standing and to promote the highest standards of professional accounting in Nigeria. It is also a testament to the growing reputation of ICAN as a leading professional accountancy organization in Africa.

The PAOs that signed the MoU with ICAN are:

  • The Association of Chartered Certified Accountants (ACCA), United Kingdom
  • The Chartered Institute of Management Accountants (CIMA), United Kingdom
  • The Institute of Chartered Accountants in England and Wales (ICAEW), United Kingdom
  • The Institute of Chartered Accountants of Scotland (ICAS), United Kingdom
  • The South African Institute of Chartered Accountants (SAICA)
  • The Institute of Chartered Accountants of India (ICAI)
  • The Institute of Chartered Accountants of Australia (ICAA)
  • The Chartered Institute of Public Finance and Accountancy (CIPFA)

The MoU is for a period of three years, and it is renewable. ICAN is confident that the MoU will be beneficial to all parties involved and will help to raise the standards of professional accounting in Nigeria and around the world.

ICAN MoU with Foreign PAOs to Benefit Candidates and Chartered Accountants
Source: ICAN

ICAN MoU with Foreign PAOs to Benefit Candidates and Chartered Accountants

Here are some of the specific benefits of the MoU for ICAN candidates and chartered accountants:

  • Increased access to resources and expertise from the PAOs: The PAOs have a wealth of resources and expertise that can be shared with ICAN candidates and chartered accountants. This includes access to training courses, research materials, and professional networks.
  • Enhanced opportunities for professional development: The MoU will create new opportunities for ICAN candidates and chartered accountants to develop their professional skills and knowledge. This includes opportunities to participate in joint training programs, workshops, and conferences.
  • Improved international recognition of ICAN qualifications: The MoU will help to improve the international recognition of ICAN qualifications. This will make it easier for ICAN candidates and chartered accountants to work in other countries.
  • Increased opportunities for collaboration on research and projects: The MoU will create new opportunities for ICAN candidates and chartered accountants to collaborate on research projects and other initiatives. This will help to advance the knowledge and practice of accounting.
  • Strengthened oversight of the accounting profession in Nigeria: The MoU will help to strengthen the oversight of the accounting profession in Nigeria. This will help to ensure that the profession meets the highest standards of ethics and competence.

Overall, the MoU between ICAN and the PAOs is a significant development that will benefit ICAN candidates and chartered accountants in many ways. It is a sign of the growing international reputation of ICAN and its commitment to promoting the highest standards of professional accounting.

Read: ICAN Professional Examination Registration for November Diet 2023

ICAN MoU with Foreign PAOs to Benefit Candidates and Chartered Accountants Read More »

ICAN and BOI iHack4SDG Challenge 2023

Leave a Comment / ICAN

ICAN and BOI iHack4SDG Challenge 2023.

In the “iHack4SDG Challenge 2023,” ICAN-BOI, the Institute of Chartered Accountants of Nigeria, and the Bank of Industry will bring together a new generation of creative thinkers from the ICT sector to address some of the most critical Sustainable Development Goals (SDGs).

The ICAN & Bank of Industry iHack4SDG Challenge 2023 is now receiving applications. The iHack4SDG Challenge 2023, organized by ICAN-BOI in partnership with the Institute of Chartered Accountants of Nigeria and the Bank of Industry, will bring together a new generation of creative thinkers from the ICT sector to address some of the most pressing Sustainable Development Goals (SDGs).

ICAN and BOI iHack4SDG Challenge 2023

ICAN and BOI iHack4SDG Challenge 2023

Along with other incentives, the winners will receive cash rewards of up to 3.5 million Naira and will eventually have access to ICANBOI’s workspace and development assistance program.

1st Prize – N1,500,000

2nd Prize – N1,000,000

3rd Prize –  N750,000

Access to a dynamic network and platform – Tap into ICAN and Bank of Industry networks.   

Access to a dynamic platform of innovators – Tap into a conducive space to converge around practical SDG solutions.

Immense networking potential – Build connections and be part of a community of practice around eco-systemic, collaborative solutions.

A space to exercise your global citizenship muscle – Sharpen and hone your skills in leadership, innovative thinking, analytic thinking, interpersonal communication, intercultural collaboration, and allied areas.

Venue: ICAN-BOI, 5th Floor, 82 Murtala Muhammed Way, Ebutte-Metta, Lagos

Date: 17th to 24th of May, 2023

Press contact:

Igwe Patrick 

Email: patrick@icanboitechub.com 

Phone: 07066412863

Eligibility

Open to all innovators and participants from all backgrounds;

No prior hacking experience is necessary. Since we’re not looking for technical submissions only — anyone can play a part in solving these problems. As long as you’re a team player who thinks the world could be a better place, you’re more than welcome to join!

Application

They are not looking for technical submissions only and your solution could be for example a concept, app idea, product or platform – basically anything as long as it contributes to the chosen challenge and the matching SDG!

Click here to apply

ICAN and BOI iHack4SDG Challenge 2023 Read More »

ICAN Exemption for Professional Qualifications 2022

1 Comment / ICAN

The institute of Chartered Accountant of Nigeria ICAN Exemption for Professional Qualifications such as Associate  Chartered Institute of Bankers of Nigeria (ACIBN), Associate Chartered Institute of Taxation of Nigeria (ACITN), Nigeria Institute of Management (Chartered), Certified National Accountant of Nigeria (CNA), ACCA etc.

The Exemptions for Professional Qualifications enable someone to become a Chartered Accountant in no time by taking full advantage of the exemptions from ICAN.

ICAN Exemptions for Professional Qualifications
ICAN
ICAN Exemption for Professional Qualifications Guidelines and Fees
QualificationsExemptions
aAssociate Chartered Institute of Bankers of
Nigeria (ACIBN)		All subjects in Foundation Level and
B2. Audit and Assurance
B6. Corporate Strategic Management and Ethics		82,800.00
bAssociate Institute of Financial Services, UK
(Formerly Chartered Institute of Bankers,
London)		A2. Business, Management and Finance
A3. Financial Accounting		28,700.00
cAssociate Chartered Institute of Stock
Brokers of Nigeria (ACIS)		A2. Business, Management and Finance
A3. Financial AccountingA5. Business Law		34,900.00
dAssociate Institute of Chartered Secretaries
and Administrators (AICSA)		A2. Business, Management and Finance
A3. Financial AccountingA5. Business Law		34,900.00
eAssociate Chartered Institute of Insurance of
Nigeria (ACIIN)		A2. Business, Management and Finance
A5. Business Law		28,700.00
fAssociate Chartered Institute of Taxation of
Nigeria (ACITN)		All subjects in Foundation Level except
Management Information (A4.) plus
B3 Taxation in Skills		66,600.00
gCertified National Accountant of Nigeria
(CNA)		All subjects in Foundation and Skills Levels122,800.00
hNigeria Institute of Management (Chartered)A1. Business, Management and Finance22,500.00
iExecutive Management in Accounting (EMA) obtained from Federal Treasury Academy with effect from 1987 (Formerly Federal Treasury Training School)All subjects in Foundation Level
B2. Audit and Assurance		72,800.00
jICAEWAll levels but to write examination of experience202,250.00
kCIPFA, UKAll levels except the following subjects in each
of the level:
A5. Business Law
C4. Advanced Taxation		184,800.00
lCIMA, UKAll levels except
C2. Advanced Audit and Assurance		191,000.00
mACCA, UK
CPA, USA
ICAS, UK
ICAI, UK		All levels except the following subjects in each
of the level:
A5. Business Law
B5. Public Sector Accounting & Finance
C4. Advanced Taxation		174,800.00
nACCA, UK
CPA, USA
ICAS, UK
ICAI, UK
in addition to B.Sc In Accounting Obatain from Nigeria		All levels except the following subjects in each
of the level:
A5. Business Law
B5. Public Sector Accounting & Finance
C4. Advanced Taxation		181,000.00
0AIA (Final) with effect from 1994
AAT (UK)		A2. Business, Management and Finance
A3. Financial Accounting
A4. Management Information
B2. Audit and Assurance		66,600.00
pAIA (Pre-1994)A2. Business, Management and Finance
A3. Financial Accounting
A4. Management Information		34,900.00
LevelsRates
 1 paper2 papers3 papers4 papers5 papers6 papers
Foundation22,500.0028,700.0034,900.0041,100.00––
Skills31,700.0041,700.0051,700.0061,700.0071,700.0081,700.00
Professional34,450.0045,700.0056,950.0068,200.0079,450.00–

Source: ICAN

Payment for Exemption for Professional Qualifications

Exemption payment for professional qualification can be made HERE



Check Also: ICAN Tutorial Centres In Nigeria

Download ICAN Study Packs for FREE

ICAN Exemption for Professional Qualifications 2022 Read More »

ICAN Extends Annual Subscription Payment for Year 2020

Leave a Comment / ICAN, Professional Courses

The Institute of Chartered Accountant of Nigeria, ICAN, has announced the extension of ICAN annual subscription payment deadline from April 30th to July 31st.

The extension become necessary as the Covid-19 pandemic lockdown the nation’s activities till further notice as pronounced by the Federal Government of Nigeria.

See the statement released:

ican press

ICAN

Read more from ICAN Website.

Study and Practice ICAN Past Question Here

ICAN Extends Annual Subscription Payment for Year 2020 Read More »

Scroll to Top