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Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant - Career (22) - Nairaland

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Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Nevee: 10:53am On Nov 30, 2017
lilianchilaka:
Hello, Please I would really love to get some advice from you guys.
I am a graduate of petroleum engineering and I have always had a passion for accounting but due to some family related issues, I had to go on ahead to study a course which was not accounting and by God’s grace I was able to graduate well.
But now I really want to diversify and I was torn between an MBA and ICAN and I finally made up my mind to go with ICAN.
I would really love to know how and what to do to go about it because I would say I do not know anything about it just that it’s an exam done to become a chartered accountant.
Please kindly put me through all the steps I would need to take from the scratch because I do not want to procrastinate this anymore, I would be really grateful for your response.
Thank you very much and God bless you!
Hi! Good decision you made. First, to be honest, this is the most difficult stage and that's because of your fear premised on your non-accounting background. Ironically, it is not unusual for Science and Engineering grads to ace ICAN probably because of their core mathematical background.

I suggest you take the next diet (May, 2018). I further suggest you visit a tutorial centre around you (there's a list of all certified tutorial centres in Nigeria on ICAN's website) for registration just to save you time and stress, that does not mean you can't do it all by yourself. You may also be granted exemption(s) in some courses, provided your degree is from an ICAN recognised institution (meanwhile, virtually all accredited Nigerian unis are).

Second, you have to discover yourself and what works for you. This may not be difficult for you since you have a "good" degree as you have claimed. So you know if personal reading or attending lectures is what really works for you. Personally, I will suggest you attend a good tutorial centre for lectures. ICAN goes beyond just passing for me. I love to understand the concepts very well and enjoy the class discussions. Makes my personal reading much easier too. However, we have heard several testimonies of non-accounting grads that wrote and passed all stages of ICAN without attending lectures and at one-sitting. It means it all depends on you and following a strategy that best works for you.

And to be honest, I think most of what people hear that scares them off ICAN are from those that haven't even written the exams before.

My brother/sister, ICAN, as the abbreviation suggests, is very much possible.

Hope I have been able to help. Subsequent questions are welcome too.

Would love to see your ACA testimony here in few years.

All the best!!!

2 Likes

Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by lilianchilaka: 11:54am On Nov 30, 2017
Nevee:

Hi! Good decision you made. First, to be honest, this is the mist difficult stage and that's because of your fear premised on your non-accounting background. Ironically, it is not unusual for Science and Engineering grads to ace ICAN probably because of their core mathematical background.

I suggest you take the bext diet (May, 2018). I further suggest you visit a tutorial centre around you (there's a list of all certified tutorial centres in Nigeria on ICAN's website) for registration just to save you time and stress, that does not mean you can't do it all by yourself. You may also be granted exemption(s) in some courses, provided your degree is from an ICAN recognised institution (meanwhile, virtually all accredited Nigerian unis are).

Second, you have to discover yourself and what works for you. This may not be difficult for you considering since you have a "good" degree as you have claimed. So you know if personal reading or attending lectures is what really works for you. Personally, I will suggest you attend a good tutorial centre for lectures. ICAN goes beyond just passing for me. I love to understand the concepts very well and enjoy the class discussions. Makes my personal reading much easier too. However, we have heard several testimonies of non-accounting grads that wrote and passed all stages of ICAN without attending lectures and at one-sitting. It means it all depends on you and following a strategy that best works for you.

And to be honest, I think most of what people hear that scares them off ICAN are from those that haven't even written the exams before.

My brother/sister, ICAN, as the abbreviation suggests, is very much possible.

Hope I have been able to help. Subsequent questions are welcome too.

Would love to see your ACA testimony here in few years.

All the best!!!
Thank you so so much, you’ve given me all the confidence I need to forge ahead with this, thank you so so much, God bless you!
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by seyigideon: 6:09pm On Dec 12, 2017
please how are prizes given for ican exam
is it for the whole Nigeria
or per state
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by pmc01(m): 2:45am On Dec 18, 2017
seyigideon:
please how are prizes given for ican exam

is it for the whole Nigeria

or per state

The whole country.
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by pmc01(m): 2:48am On Dec 18, 2017
@Nevee hello,


I missed the AGM and Annual conference held last week. I actually totally forgot about it, as there was virtually no reminder by SMS, as I am used to. What am I supposed to do as such?

Regards.
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by edrys(m): 2:23pm On Dec 20, 2017
Someone should please put me through with this.

I am having trouble paying for exemption on the icanpayonline portal, I have inputed the details from the print out i got from the bank but I keep getting Sorry, the PIN or SERIAL NUMBER you entered is invalid!!!

What am I doing wrong?! S
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by edrys(m): 2:24pm On Dec 20, 2017
Someone should please put me through with this.

I am having trouble paying for exemption on the icanpayonline portal, I have inputed the details from the print out i got from the bank but I keep getting Sorry, the PIN or SERIAL NUMBER you entered is invalid!!!

What am I doing wrong?!
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Gmajor(m): 3:09am On Jan 01
Nevee:

Hi! Good decision you made. First, to be honest, this is the most difficult stage and that's because of your fear premised on your non-accounting background. Ironically, it is not unusual for Science and Engineering grads to ace ICAN probably because of their core mathematical background.

I suggest you take the next diet (May, 2018). I further suggest you visit a tutorial centre around you (there's a list of all certified tutorial centres in Nigeria on ICAN's website) for registration just to save you time and stress, that does not mean you can't do it all by yourself. You may also be granted exemption(s) in some courses, provided your degree is from an ICAN recognised institution (meanwhile, virtually all accredited Nigerian unis are).

Second, you have to discover yourself and what works for you. This may not be difficult for you since you have a "good" degree as you have claimed. So you know if personal reading or attending lectures is what really works for you. Personally, I will suggest you attend a good tutorial centre for lectures. ICAN goes beyond just passing for me. I love to understand the concepts very well and enjoy the class discussions. Makes my personal reading much easier too. However, we have heard several testimonies of non-accounting grads that wrote and passed all stages of ICAN without attending lectures and at one-sitting. It means it all depends on you and following a strategy that best works for you.

And to be honest, I think most of what people hear that scares them off ICAN are from those that haven't even written the exams before.

My brother/sister, ICAN, as the abbreviation suggests, is very much possible.

Hope I have been able to help. Subsequent questions are welcome too.

Would love to see your ACA testimony here in few years.

All the best!!!
Good day Sir. I want to apply for ICAN but I'm not yet through with my youth service. Will it be possible to apply now or do I need to have my discharge certificate?
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Abdul4trust1(m): 7:49am On Jan 01
Gmajor:

Good day Sir. I want to apply for ICAN but I'm not yet through with my youth service. Will it be possible to apply now or do I need to have my discharge certificate?
use Call-Up Letter In Place Of Discharged Certificate.
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Gmajor(m): 8:35am On Jan 01
Abdul4trust1:
use Call-Up Letter In Place Of Discharged Certificate.

How much do you think it will cost me in total. Considering That I did not study Accountancy in the university. Also is there any special discount for Corp members like the one that is offered by NIM
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Abdul4trust1(m): 8:42am On Jan 01
Gmajor:


How much do you think it will cost me in total. Considering That I did not study Accountancy in the university. Also is there any special discount for Corp members like the one that is offered by NIM
ican Don't Give Discount. I Think Their Exemption Is About 23k For Foundation I.e None-accounting Graduate
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Gmajor(m): 9:01am On Jan 01
Abdul4trust1:
ican Don't Give Discount. I Think Their Exemption Is About 23k For Foundation I.e None-accounting Graduate

Is the 23k just for registration or does it cover the course materials and tutorials?
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Abdul4trust1(m): 11:49am On Jan 01
Gmajor:


Is the 23k just for registration or does it cover the course materials and tutorials?
no, Give Me Time To Research And Give Details.
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Gmajor(m): 12:08pm On Jan 01
Abdul4trust1:
no, Give Me Time To Research And Give Details.
OK. Thanks
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Abdul4trust1(m): 2:42pm On Jan 01
Gmajor:
OK. Thanks
registration Fee Is 7300, Exam Fee Is 33700 And Subscription And Development Levy 6000. Total 47000. Tuition Fee And Study Materials Are Excluded. You Can Walk Into Any Study Centre To Find Out About Their Fee And You Can Buy The Study Packs At The Centre As Well.

1 Like

Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by adubam(m): 5:04pm On Jan 01
Abdul4trust1:
registration Fee Is 7300, Exam Fee Is 33700 And Subscription And Development Levy 6000. Total 47000. Tuition Fee And Study Materials Are Excluded. You Can Walk Into Any Study Centre To Find Out About Their Fee And You Can Buy The Study Packs At The Centre As Well.

You forgot to add exemption fee
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Gmajor(m): 7:27pm On Jan 01
adubam:


You forgot to add exemption fee
What is Exemption fee?
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Gmajor(m): 7:27pm On Jan 01
Abdul4trust1:
registration Fee Is 7300, Exam Fee Is 33700 And Subscription And Development Levy 6000. Total 47000. Tuition Fee And Study Materials Are Excluded. You Can Walk Into Any Study Centre To Find Out About Their Fee And You Can Buy The Study Packs At The Centre As Well.
So it will cost about 60k in total?
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Abdul4trust1(m): 8:50pm On Jan 01
Gmajor:

So it will cost about 60k in total?
i Don't Think So But Taking A Walk Into Any Study Centre Will Clearify Your Doubt.
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Gmajor(m): 9:48pm On Jan 01
Abdul4trust1:
i Don't Think So But Taking A Walk Into Any Study Centre Will Clearify Your Doubt.
Someone mentioned something about Exemption, what does it mean?
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by adubam(m): 8:46am On Jan 02
Gmajor:

Someone mentioned something about Exemption, what does it mean?

Exemption fee is the fee you pay for not writing the ICAN exams from scratch i.e (ATS1). Any other level apart from ATS1 must pay exemption fee. Check your exemption fee BELOW and add to what the guy up there has outlined. Thanks.


PROFESSIONAL EXAMINATION EXEMPTION FEES
S/NO EXEMPTION SUBJECTS NEW RATE (N)

FOUNDATION LEVEL
1 ONE PAPER IN FOUNDATION LEVEL 17,500.00
2 TWO PAPERS IN FOUNDATION LEVEL 18,700.00
3 THREE PAPERS IN FOUNDATION LEVEL 19,900.00
4 FOUR PAPERS IN FOUNDATION LEVEL 21,100.00
5 ALL PAPERS IN FOUNDATION LEVEL 22,300.00

SKILLS LEVEL
6 ONE PAPER IN SKILLS LEVEL 26,200.00
7 TWO PAPERS IN SKILLS LEVEL 30,700.00


http://icanig.org/ican/article.php?id=43

1 Like 1 Share

Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Gmajor(m): 10:05am On Jan 02
adubam:


Exemption fee is the fee you pay for not writing the ICAN exams from scratch i.e (ATS1). Any other level apart from ATS1 must pay exemption fee. Check your exemption fee BELOW and add to what the guy up there has outlined. Thanks.


PROFESSIONAL EXAMINATION EXEMPTION FEES
S/NO EXEMPTION SUBJECTS NEW RATE (N)

FOUNDATION LEVEL
1 ONE PAPER IN FOUNDATION LEVEL 17,500.00
2 TWO PAPERS IN FOUNDATION LEVEL 18,700.00
3 THREE PAPERS IN FOUNDATION LEVEL 19,900.00
4 FOUR PAPERS IN FOUNDATION LEVEL 21,100.00
5 ALL PAPERS IN FOUNDATION LEVEL 22,300.00

SKILLS LEVEL
6 ONE PAPER IN SKILLS LEVEL 26,200.00
7 TWO PAPERS IN SKILLS LEVEL 30,700.00


http://icanig.org/ican/article.php?id=43
So how do I qualify for an Exemption?
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by adubam(m): 10:11am On Jan 02
Gmajor:

So how do I qualify for an Exemption?

The steps are there on ICAN site. After your registration you submit your relevant documents signed by an ICAN chartered who is up to date in paying his dues. Submit to ICAN office close to you. After about a month ICAN would send you a mail or text telling you the level where you would start from and the number of exemption(s). Then check it with the list above and pay before you write the exams.

Thanks.

1 Like

Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Nevee: 5:42pm On Jan 02
Gmajor:

Good day Sir. I want to apply for ICAN but I'm not yet through with my youth service. Will it be possible to apply now or do I need to have my discharge certificate?
Good afternoon sir. You don't need your discharge certfifcate to register for ICAN. As a matter of fact, I registered and wrote my first ICAN exams while awaiting NYSC mobilization.

So jump up, register and go slay ICAN.

All the best!

1 Like

Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Nevee: 5:46pm On Jan 02
pmc01:
@Nevee hello,


I missed the AGM and Annual conference held last week. I actually totally forgot about it, as there was virtually no reminder by SMS, as I am used to. What am I supposed to do as such?

Regards.
Hello!

My most sincere apologies for the much belated reply.

Hooe you were able to sort this.
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Nevee: 5:46pm On Jan 02
pmc01:
@Nevee hello,


I missed the AGM and Annual conference held last week. I actually totally forgot about it, as there was virtually no reminder by SMS, as I am used to. What am I supposed to do as such?

Regards.
Hello!

My most sincere apologies for the much belated reply.

Hope you were able to sort this.
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Gmajor(m): 7:29pm On Jan 02
Nevee:

Good afternoon sir. You don't need your discharge certfifcate to register for ICAN. As a matter of fact, I registered and wrote my first ICAN exams while awaiting NYSC mobilization.

So jump up, register and go slay ICAN.

All the best!
Thank you
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Gmajor(m): 7:36pm On Jan 02
Nevee:

Good afternoon sir. You don't need your discharge certfifcate to register for ICAN. As a matter of fact, I registered and wrote my first ICAN exams while awaiting NYSC mobilization.

So jump up, register and go slay ICAN.

All the best!
One more question, If someone is to write the foundation exam and pass, can it be included in the CV or must the person pass all the​ exams

1 Like

Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Nevee: 7:47pm On Jan 02
Gmajor:

One more question, If someone is to write the foundation exam and pass, can it be included in the CV or must the person pass all the​ exams
Well, it all depends on you and the extent of your confidence in defending whatever you state on your C.V.

You may state that you are a student member of the body on your C.V. If time and space permits, go further to list the courses taken and elaborate on those that relate to the role you're applying for.

This is just my opinion.

2 Likes

Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by pmc01(m): 12:23pm On Jan 03
Nevee:

Hello!

My most sincere apologies for the much belated reply.

Hope you were able to sort this.

Not yet
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by Cuetosh: 6:17pm On Jan 07
Great Guys!

I’m currently in need of ICAN syllabus that was in effect during 2008 qualification examinations.

Could someone please assist.

Thanks
Re: Ask Me Any Question At All As Regards ICAN Examinations & Prospect Of Accountant by mikesai: 1:28pm On Jan 09
adubam:


The steps are there on ICAN site. After your registration you submit your relevant documents signed by an ICAN chartered who is up to date in paying his dues. Submit to ICAN office close to you. After about a month ICAN would send you a mail or text telling you the level where you would start from and the number of exemption(s). Then check it with the list above and pay before you write the exams.

Thanks.
pls sir do you have any foundation study packs for iCan?? pls help me send them to My email at mezekwem@gmail.com

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