If you fancy being recognized globally as a chartered accountant, you must know how to register for ICAN. I will break down everything you need to know about this major step you are about to take in life. Get the required information on what the Institute of Chartered Accountants of Nigeria is all about and the things you need to provide to secure registration. In this article, we explore a tutorial on how to register for ICAN.

What is ICAN?

Institute of Chartered Accountants of Nigeria also known as ICAN is the number one accounting body in Nigeria and it started existing in 1965. It was established to determine the skills and knowledge for whoever intends to be an accountant, and also set up and maintain the registry of associates, fellows, and accountants. Since it began, ICAN has grown into a mega community of accountants that have certified close to 40 thousand chartered accountants that are involved in various sectors of the economy.

ICAN Examination

ICAN Nigeria gives you the option of two exams. One is a professional exam and is usually taken by the holders of bachelor’s degrees or Higher National Diplomas in any discipline and holders of ICAN AAT qualification, while the other is the Accounting Technician Scheme exam.

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Anyone with five Ordinary Level credits (Mathematics and English included) at two sittings or less can partake in this. If you desire apt information on how to go about ICAN exam registration or ICAN registration as a whole, keep reading. Everything will be explained nicely here.

ICAN Registration

There are 3 ways to register for ICAN. You can participate as a professional student, Accounting Technicians Scheme West Africa (or ATSWA) student or as a member. We will highlight these triple procedures as we progress.

How To Register For ICAN Nigeria as a Professional Student

Like we pointed out earlier, you have to possess at least a bachelor’s degree or a Higher National Diploma to be eligible for this option.

Plus, there is a list of approved qualifications that can also make you eligible. For the complete list, see Here.

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To register as a professional student, adhere to these instructions:

1. Head to any commercial bank in Nigeria and make a payment of 7,000 through Pay Direct for the professional examination registration fee. This payment can be made on the ICAN website. Check Here to head to that page right now.
2. After payment, head to the website seen on your receipt and ensure you register there.
3. Get a colored passport-format photo of yourself. Have it scanned and add it to the registration form.
4. Print the completed application form and append your signature on it.
5. Locate a chartered accountant sponsor/referee and provide their name, membership number, and phone number.
6. Submit your completed application to your sponsor/referee so it can be certified by him or her.
7. If your registration is being done using your AAT results, a payment of 23,500 for induction/conference has to be made. Include the receipt you receive in your application.
8. In addition to that, you have to attach the original PIN voucher, original Pay Direct receipt and two certified copies of passport photos.

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After that, your registration is finished. You will noe be able to check your Exam/Financial Status on the page at this link. For questions or issues, send an e-mail to professionalexams@ican.org.ng.

How To Register For ICAN Nigeria As An ATSWA Student

To pass as an ATSWA student, you should possess five ordinary level credits in WASCE, but there are other ways.

You can be an ATSWA student with an Ordinary National Diploma, a National Certificate of Education or with any vital qualification that is approved by ICAN Nigeria.

Requirements 

1. Head to any Nigerian commercial bank and make a 6,000 payment via Pay Direct. Or, make use of this link for online payment.
2. After payment, head to the website on your receipt and continue your registration by filling out the form.
3. Get a colored passport-format photo of yourself. Have it scanned and add it to the registration form.
4. Print the application form and append your signature.
5. Locate a chartered accountant sponsor/referee and provide their name, membership number, and phone number.
6. Submit your completed application to your sponsor/referee so they can have it certified.
7. Your application will not be finished without the copy of your WASC certificate, the PIN voucher, two certified copies of passport photos, three empty envelopes with your address and 50,00 stamp on each of them, a copy of your birth certificate and the original of the bank teller.
8. Once all that has been collected, submit your completed application with all of the attachments to the Department of students’ education and training at 82 Murtala Mohammed Way, Ebute Meta, Lagos.

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After that, your registration will be complete. You can check your Exam/Financial Status on the page at this link.

 

How You Can Register To Become A Member Of ICAN Nigeria

To be regarded as a member of ICAN, you must be a qualified accountant with working experience. As a graduate of Accounting, the experience required is 3 years. As a diploma holder in another discipline or as a member of the AAT, an experience of 4 years is needed.

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Steps you must adhere to so you can become a member:

1. Head to any Nigerian commercial bank and make a 90,000 payment as Induction fee.
2. Collect a receipt for payment and head to the ICAN website (www.icanonline-ngr.com/paydirect).
3. In the appropriate fields, type in the numbers of your deposit slip and receipt. You will get a generated PIN and serial number.
4. On the registration page, type in your Student Registration Number, serial number and the PIN.
5. Ensure the form is filled and upload a passport-format photo of yourself and then submit the application.
6. Print out the completed form and ensure you make sure your referees are signature.
7. Attach the documents you can see at thislink.

Submit the finished form and the proof of payment to ICAN, Plot 16, Idowu Taylor Street, Victoria Island, Lagos.