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Choosing Between Acca And Ican - Career (3) - Nairaland

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Choosing Between Working In Lagos Mainland Or Lagos Island / Choosing Between My Job And Educational Career / Working And Running Masters And ICAN At The Same Time. Is This Possible? (2) (3) (4)

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Re: Choosing Between Acca And Ican by Nobody: 3:03pm On Aug 14, 2015
haibe:
Also is temporary National id card/driver's license allowed to sit for the exam?

Yeah, sure

1 Like 1 Share

Re: Choosing Between Acca And Ican by Nobody: 3:59pm On Aug 27, 2015
Spread the good news!!!

Due to popular demand, I have decided to upload BPP ACCA study texts and practice and revision kits for Paper F1-Paper P7 to my blog. The only exception is paper F6 and paper P6 and this is because the copies I have are old and the tax laws(Finance Act) change every year.

Ordinarily, these books are suitable for exams till June 2015 but, since there were no recent changes in the syllabuses for most ACCA papers, most people will find them highly relevant.

ICAN candidates can also use these materials to complement ICAN study packs.

Kindly contact me if you experience any trouble in downloading the books.

Visit www.ng-books..com to download them now!

I hope to upload the latest versions of these books in the nearest future. keep checking.

Spread the word!!!!!

3 Likes 1 Share

Re: Choosing Between Acca And Ican by dammy222(f): 8:45am On Dec 16, 2015
sureguy02:

You can register by yourself. It's quite easy. Just follow the steps on ACCA website.
You can pay with your master card
If l register this December and l get confirmed by January,do I still have to pay subscription fees for year 2016? And can we use our voters card to enter the exam hall because I don't have National ID card and drivers licence?
Re: Choosing Between Acca And Ican by Dereformer(m): 11:08am On Dec 16, 2015
Sureguy02.

I am desirous of writing ACCA-DIP(IFR) in June 2016.

Please do you know how or where I can get the study materials.

I learnt BPP has a study material specifically designed for the examination.
Re: Choosing Between Acca And Ican by haibe(m): 3:14pm On Dec 16, 2015
dammy222:

If l register this December and l get confirmed by January,do I still have to pay subscription fees for year 2016? And can we use our voters card to enter the exam hall because I don't have National ID card and drivers licence?

I will say yes to both questions. Not too sure about the first tho..
Re: Choosing Between Acca And Ican by haibe(m): 3:14pm On Dec 16, 2015
sureguy02:


Yeah, sure

They didn't allow this smiley

Did you write December?
Re: Choosing Between Acca And Ican by ikelowa(m): 8:27pm On Dec 16, 2015
plz I need an advice. am a Corp member currently serving and having intention of enrolling for Ican. plz if am to enroll, how do I go about it and what are the exemption for HND graduates. how many papers are left for me to write to pass ican . how much in totality would it costs me to write all the papers.(probably the cost breakdown)
plz sincere and seriousness would be appreciated
thanks
Re: Choosing Between Acca And Ican by Nobody: 8:32pm On Dec 16, 2015
Dereformer:
Sureguy02.

I am desirous of writing ACCA-DIP(IFR) in June 2016.

Please do you know how or where I can get the study materials.

I learnt BPP has a study material specifically designed for the examination.

I suggest you visit ACCA tuition houses such as Synergy to get the latest DIP(IFR) study texts. I think it goes for N2,000.

It will be very difficult to get a recent text online
Re: Choosing Between Acca And Ican by Nobody: 8:36pm On Dec 16, 2015
haibe:


They didn't allow this smiley

Did you write December?

No I didn't

I am taking a break from ACCA exams till December 2016. My firm's policy requires accounting graduates to wait for at least 12 months before writing professional exams


I am surprised that they didn't allow temporary official ID cards. I hope you weren't affected by this
Re: Choosing Between Acca And Ican by bfn1: 10:58pm On Dec 16, 2015
sureguy02:
You need to put the following factors into consideration before opting for either one

1. Prestige/Recognition: ACCA is recognised all over the world except in a few countries like canada and the US. ICAN is more recognised than ACCA in Nigeria. ICAN is preferred in the Nigerian setting. You could settle for ICAN if you do not pan to work outside Nigeria, most especially if you have plans of setting up your own consultancy firm. Only people that qualified with ICAN are allowed by law to practise in Nigeria.

2. Cost: ACCA is far more expensive than ICAN. The current exchange rate is not helping matters. Each ACCA paper now goes for about 32K!!!. ICAN is relatively cheaper. The annual subscription for ACCA is now about 30K for students and 70K for members. ICAN is definitely preferable in terms of cost.

3.Flexibility/Results: ACCA exams are more flexible. They have increased the number of sittings in a year to 4(March, June, September and December). ICAN exams are written in only May and November. ACCA students already know the date results would be released even before writing the exams, while ICAN students need to speculate. ACCA is far more organised in this regard.

4. Entry Point: Non accounting graduates start ACCA from the scratch. Accounting graduates are given exemptions in four papers. Non-accounting students also start ICAN from the scratch except for some courses that get exemption in paper A1(Quantitative techniques in business). People that qualified under ICAN need to write 5 papers under ACCA, while ACCA peeps need to write only advanced taxation, business law and PSAF.

5. Venue for Exams: ACCA is written in only major cities in Nigeria while ICAN is written in almost every state. The venues for ACCA exams are more conducive than those of ICAN. ACCA students write their exams under tight AC in event centres and hotels, unlike ICAN.

6. Toughness/Difficulty: Many ICAN students think ACCA is very easy. They are wrong! ACCA syllabuses are more robust. Their exams are extremely time pressured. Many people get stuck at some stages. Nevertheless, ACCA exams are easier to pass. This is because the examiners are more lenient. They do not penalise candidates for doing the wrong thing more than once. If a wrong figure is used consistently and correctly in further analysis, the candidate would not be penalised further for the earlier mistake made. I think this is where ICAN is missing it. Passing ICAN is more about luck and grace and not just about the level of preparation or brilliancy. ACCA exams on the other hand are passed by brilliant and diligent students that cover every inch of the syllabus.


http://ng-books..com/2015/07/acca-vs-ican.html

Op, thank you for this post.Very much enlightening.

1 Like

Re: Choosing Between Acca And Ican by dammy222(f): 6:50am On Dec 17, 2015
haibe:


I will say yes to both questions. Not too sure about the first tho..
Thank you . As long as I can use my voters card,its ok then. Am about registering by myself. Is there anything I need to know beforehand so as to avoid making any mistake?
Re: Choosing Between Acca And Ican by Dereformer(m): 8:23am On Dec 17, 2015
sureguy02:


I suggest you visit ACCA tuition houses such as Synergy to get the latest DIP(IFR) study texts. I think it goes for N2,000.

It will be very difficult to get a recent text online


Thanks.
Re: Choosing Between Acca And Ican by haibe(m): 1:19pm On Dec 18, 2015
sureguy02:


No I didn't

I am taking a break from ACCA exams till December 2016. My firm's policy requires accounting graduates to wait for at least 12 months before writing professional exams


I am surprised that they didn't allow temporary official ID cards. I hope you weren't affected by this
I would have been affected ; although we were allowed to write the exam, we filled a declaration form that we will produce the original copy before the exam ends, if not our scripts will not be marked.. I was able to get my original drivers license on that Friday when the exams are to end, so the form didn't get to ACCA..

You are in Delloite?
Re: Choosing Between Acca And Ican by haibe(m): 1:26pm On Dec 18, 2015
dammy222:

Thank you . As long as I can use my voters card,its ok then. Am about registering by myself. Is there anything I need to know beforehand so as to avoid making any mistake?

No there is a guide on the site for registering, you should find it during your course. The only advise I can give is to register for not more than 2 papers if you are gonna take in June or just one if you are taking in March diet.. You can then make your decisions about subsequent diets based on how you are able to cope with the once you have written. Contrary to popular beliefs that ACCA is easier to pass than Ican, I can categorically tell you this is false.. ACCA requires you to be VERY TECHNICAL in each paper (can't say much now).
Re: Choosing Between Acca And Ican by dammy222(f): 6:43am On Dec 19, 2015
haibe:


No there is a guide on the site for registering, you should find it during your course. The only advise I can give is to register for not more than 2 papers if you are gonna take in June or just one if you are taking in March diet.. You can then make your decisions about subsequent diets based on how you are able to cope with the once you have written. Contrary to popular beliefs that ACCA is easier to pass than Ican, I can categorically tell you this is false.. ACCA requires you to be VERY TECHNICAL in each paper (can't say much now).
Ok ,thank you
Re: Choosing Between Acca And Ican by dammy222(f): 5:09am On Dec 21, 2015
ok
Re: Choosing Between Acca And Ican by ojexin(m): 8:27am On Dec 21, 2015
Please i need urgent reply, where is ICAN OFFICE in Osogbo
Re: Choosing Between Acca And Ican by Dereformer(m): 5:26pm On Dec 21, 2015
Do you stay around Nnewi and environs, are you desirous of being an ICAN certified accountant, then take advantage of the opportunity PATRAC CONSULTING presents.

At PATRAC, we have well groomed, intelligent and gifted Ican tutors. Our past students who did exceedingly well in ICAN exams are part of our Teaching squad.

Our selection process ensures that we engage first class brains.

In our center, we allow our students to evaluate us within the first one month and thereafter, make payment if satisfied with our method, or leave without paying a dime if not satisfied. Our experience has always been that no one ever left.

May 2016 diet lectures commences in earnest from January 9, 2016.

For inquiries call 08176412800.

PATRAC.... we make a living by grooming people to become chartered accountants.

1 Like

Re: Choosing Between Acca And Ican by krie00707: 12:40pm On Mar 21, 2016
Can the exams be written online?
Re: Choosing Between Acca And Ican by vaca1: 12:59pm On Mar 21, 2016
ICAN for sure
Re: Choosing Between Acca And Ican by anonimi: 1:00pm On Mar 21, 2016
What happened to #BuyNigeriantoGrowtheNaira campaign



www.nairaland.com/attachments/3516731_11_jpegf7f163af78812e58c4d3c47b4e396ae6
Re: Choosing Between Acca And Ican by babyfaceafrica: 1:03pm On Mar 21, 2016
Which is preferable,ICAN,ACCA,MBA ,MSC accountng and msc finance?....n terms of job prospects
Re: Choosing Between Acca And Ican by Olufunmihimself: 1:08pm On Mar 21, 2016
sureguy02:
You need to put the following factors into consideration before opting for either one

1. Prestige/Recognition: ACCA is recognised all over the world except in a few countries like canada and the US. ICAN is more recognised than ACCA in Nigeria. ICAN is preferred in the Nigerian setting. You could settle for ICAN if you do not pan to work outside Nigeria, most especially if you have plans of setting up your own consultancy firm. Only people that qualified with ICAN are allowed by law to practise in Nigeria.

2. Cost: ACCA is far more expensive than ICAN. The current exchange rate is not helping matters. Each ACCA paper now goes for about 32K!!!. ICAN is relatively cheaper. The annual subscription for ACCA is now about 30K for students and 70K for members. ICAN is definitely preferable in terms of cost.

3.Flexibility/Results: ACCA exams are more flexible. They have increased the number of sittings in a year to 4(March, June, September and December). ICAN exams are written in only May and November. ACCA students already know the date results would be released even before writing the exams, while ICAN students need to speculate. ACCA is far more organised in this regard.

4. Entry Point: Non accounting graduates start ACCA from the scratch. Accounting graduates are given exemptions in four papers. Non-accounting students also start ICAN from the scratch except for some courses that get exemption in paper A1(Quantitative techniques in business). People that qualified under ICAN need to write 5 papers under ACCA, while ACCA peeps need to write only advanced taxation, business law and PSAF.

5. Venue for Exams: ACCA is written in only major cities in Nigeria while ICAN is written in almost every state. The venues for ACCA exams are more conducive than those of ICAN. ACCA students write their exams under tight AC in event centres and hotels, unlike ICAN.

6. Toughness/Difficulty: Many ICAN students think ACCA is very easy. They are wrong! ACCA syllabuses are more robust. Their exams are extremely time pressured. Many people get stuck at some stages. Nevertheless, ACCA exams are easier to pass. This is because the examiners are more lenient. They do not penalise candidates for doing the wrong thing more than once. If a wrong figure is used consistently and correctly in further analysis, the candidate would not be penalised further for the earlier mistake made. I think this is where ICAN is missing it. Passing ICAN is more about luck and grace and not just about the level of preparation or brilliancy. ACCA exams on the other hand are passed by brilliant and diligent students that cover every inch of the syllabus.


http://ng-books..com/2015/07/acca-vs-ican.html
BIG NO SIR! passing ICAN ain't by luck or by grace(yes, you need the grace of God but without hard work! SORRY). You pass ICAN modules by lot of preparedness which includes trying as much to cover atleast 90% of the syllabus and solving lots of questions (major undoing of student). Are you telling when you leave you answers scripts blank you'll scale through via grace and luck NO SIR.... Please be very critical with you points and don't misguide people. Bless.

1 Like

Re: Choosing Between Acca And Ican by OlujobaSamuel: 1:09pm On Mar 21, 2016
krie00707:
Can the exams be written online?
you can write ACCA f1 to f4 online, all others are paper based. Thanks.
Re: Choosing Between Acca And Ican by OlujobaSamuel: 1:17pm On Mar 21, 2016
Olufunmihimself:

BIG NO SIR! passing ICAN ain't by luck or by grace(yes, you need the grace of God but without hard work! SORRY). You pass ICAN modules by lot of preparedness which includes trying as much to cover atleast 90% of the syllabus and solving lots of questions (major undoing of student). Are you telling when you leave you answers scripts blank you'll scale through via grace and luck NO SIR.... Please be very critical with you points and don't misguide people. Bless.
I think he is talking about some kind of weird ways of marking and not just lack of preparation by students.
ICAN possess this notion in our education system of no student is good enough to be the best than the teacher. The usually poor success rate can't solely be blamed on lack of preparation by the students.
Remember the silly excuse last year or 2 on failure rate in law school, where the legal council came out to defend it by saying students were not serious in class, most usually play with their phones during lecture, etc.
Probably, ICAN might be controlling the population of its members, not sure though, but it's obvious there is something weird about them.
Re: Choosing Between Acca And Ican by pweetychyka(f): 1:21pm On Mar 21, 2016
I choose ACCA despite the cost!

1. Anyone who has got d certificate can always work anywhere around the world but wit ICAN u can't! Even here in Nigeria, I observe dat ACCA is still very much preferred dan ICAN

2. Anoda point on d view of it been tough n intense.... is 30% accepted! If u av got a better tutorial to attend n a comprehensive learning kit, trust dere will be notjing difficult for you to attend on ACCA exams!

You can't expect an ICAN fellow to tutor an ACCA candidate

#machoicetho
Re: Choosing Between Acca And Ican by moscobabs(m): 1:23pm On Mar 21, 2016
sureguy02:
You need to put the following factors into consideration before opting for either one

1. Prestige/Recognition: ACCA is recognised all over the world except in a few countries like canada and the US. ICAN is more recognised than ACCA in Nigeria. ICAN is preferred in the Nigerian setting. You could settle for ICAN if you do not pan to work outside Nigeria, most especially if you have plans of setting up your own consultancy firm. Only people that qualified with ICAN are allowed by law to practise in Nigeria.

2. Cost: ACCA is far more expensive than ICAN. The current exchange rate is not helping matters. Each ACCA paper now goes for about 32K!!!. ICAN is relatively cheaper. The annual subscription for ACCA is now about 30K for students and 70K for members. ICAN is definitely preferable in terms of cost.

3.Flexibility/Results: ACCA exams are more flexible. They have increased the number of sittings in a year to 4(March, June, September and December). ICAN exams are written in only May and November. ACCA students already know the date results would be released even before writing the exams, while ICAN students need to speculate. ACCA is far more organised in this regard.

4. Entry Point: Non accounting graduates start ACCA from the scratch. Accounting graduates are given exemptions in four papers. Non-accounting students also start ICAN from the scratch except for some courses that get exemption in paper A1(Quantitative techniques in business). People that qualified under ICAN need to write 5 papers under ACCA, while ACCA peeps need to write only advanced taxation, business law and PSAF.

5. Venue for Exams: ACCA is written in only major cities in Nigeria while ICAN is written in almost every state. The venues for ACCA exams are more conducive than those of ICAN. ACCA students write their exams under tight AC in event centres and hotels, unlike ICAN.

6. Toughness/Difficulty: Many ICAN students think ACCA is very easy. They are wrong! ACCA syllabuses are more robust. Their exams are extremely time pressured. Many people get stuck at some stages. Nevertheless, ACCA exams are easier to pass. This is because the examiners are more lenient. They do not penalise candidates for doing the wrong thing more than once. If a wrong figure is used consistently and correctly in further analysis, the candidate would not be penalised further for the earlier mistake made. I think this is where ICAN is missing it. Passing ICAN is more about luck and grace and not just about the level of preparation or brilliancy. ACCA exams on the other hand are passed by brilliant and diligent students that cover every inch of the syllabus.


http://ng-books..com/2015/07/acca-vs-ican.html

thanks bro.

How many paper does Accounting Graduate needs to write before he can qualify in ICAN and ACCA?
Re: Choosing Between Acca And Ican by obajoey(m): 1:24pm On Mar 21, 2016
bro i think the op is right. In 2014 ICAN students were seen protesting and carrying placards saying "ICAN is a SCAM".

Olufunmihimself:

BIG NO SIR! passing ICAN ain't by luck or by grace(yes, you need the grace of God but without hard work! SORRY). You pass ICAN modules by lot of preparedness which includes trying as much to cover atleast 90% of the syllabus and solving lots of questions (major undoing of student). Are you telling when you leave you answers scripts blank you'll scale through via grace and luck NO SIR.... Please be very critical with you points and don't misguide people. Bless.
Re: Choosing Between Acca And Ican by shogz89: 1:28pm On Mar 21, 2016
pweetychyka:
I choose ACCA despite the cost!

1. Anyone who has got d certificate can always work anywhere around the world but wit ICAN u can't! Even here in Nigeria, I observe dat ACCA is still very much preferred dan ICAN

2. Anoda point on d view of it been tough n intense.... is 30% accepted! If u av got a better tutorial to attend n a comprehensive learning kit, trust dere will be notjing difficult for you to attend on ACCA exams!

You can't expect an ICAN fellow to tutor an ACCA candidate

#machoicetho

gently madam
Re: Choosing Between Acca And Ican by Barrysleek(m): 1:28pm On Mar 21, 2016
Most ICAN examiners are from the south west the tend deliberate refuse to pass student from other regions. look at the huge discrepancy in ratio of ICAN members between the south west and other regions.
Re: Choosing Between Acca And Ican by ibadanfinest(m): 1:31pm On Mar 21, 2016
sureguy02:

That must be a recent development. I guess it was started this year. They have always used schools

Depends on location, in Lagos and ibadan, ICAN exams are held under conducive environment with full AC.

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