If you want to be a globally recognised chartered accountant, you need to know how to register for ICAN. And we are here to tell you how to do that! Find out everything you need about the Institute of Chartered Accountants of Nigeria and what you need to do to register.

What is ICAN?

Institute of Chartered Accountants of Nigeria, or ICAN for short is the biggest accounting body in Nigeria and was established in 1965. It was meant to determine the skills and knowledge required for anyone to become an accountant, as well as establish and maintain the registry of associates, fellows and accountants.

Over the years, it has grown into a large community of accountants that has certified over 38 thousand chartered accountants that are engaged in different sectors of economy.

ICAN exam

ICAN Nigeria offers two types of exams. The first type is professional examinations, and it is meant for the holders of bachelor’s degrees or Higher National Diplomas in any discipline and holders of ICAN AAT qualification.

The second type is the Accounting Technician Scheme exams. This one is for those who have obtained five Ordinary Level credits (Mathematics and English included) at two sittings or less.

If you are interested in ICAN exam registration or ICAN registration as a whole, continue reading. We will tell you everything about it, including the topic of ICAN online registration.

ICAN registration

There are three ways you can register for ICAN. You can register as a professional student, as an Accounting Technicians Scheme West Africa (or ATSWA) student or as a member. We will talk about each procedure separately.

How to register for ICAN as a professional student

As we have said before, you need to hold at least a bachelor’s degree or a Higher National Diploma to be eligible for this option. In addition, there is a list of approved qualifications that also count towards your eligibility. For the full list, click here.

In order to register as a professional student, you will need to perform the following steps:

• Go to any commercial bank in Nigeria and pay the professional examination registration fee of ₦7,000 (not including any charges) via Pay Direct. You can also pay on the ICAN website. Click here to get transported to the page.
• After you have paid the fee, go to the website indicated on your receipt and register there.
• Get a coloured passport-format photo of yourself. Scan it and add to the registration form.
• Print the finished application form and sign it.

• Find a chartered accountant sponsor/referee and provide their name, membership number and contact number.
• Take your completed application to your sponsor/referee so that they can certify it.
• If you are registering using your AAT results, you will also need to pay ₦23,500 for induction/conference and add the receipt to your application.
• In addition to that, you will need to attach the original PIN voucher, original Pay Direct receipt and two certified copies of passport photos.

After that, you registration will be complete. You can check your Exam/Financial Status on the page at this link. If you have any questions or problems, you can send an e-mail to professionalexams@ican.org.ng.

How to register for ICAN as an ATSWA student

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We have mentioned before that, in order to become an ATSWA student, you need to have five ordinary level credits in WASCE. However, there are a few other options. You can become an ATSWA student with an Ordinary National Diploma, a National Certificate of Education or with any relevant qualification that is approved by ICAN.

What you need to do in order to register:

• Go to any Nigerian commercial bank and pay the examination fee of ₦6,000 (not including bank charges) via Pay Direct. Alternatively, follow this link to pay the fee online.
• After paying the fee, go to the website indicated on your receipt and continue the registration process by filling out the form.

• Get a coloured passport-format photo of yourself. Scan it and add to the registration form.
• Print the finished application form and sign it.
• Find a chartered accountant sponsor/referee and provide their name, membership number and contact number.
• Take your completed application to your sponsor/referee so that they can certify it.
• Your application will not be complete 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.
• Once you have collected all that, you have to submit a completed application with all of the attachments to the Department of students’ education and training at 82 Murtala Mohammed Way, Ebute Meta, Lagos.

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

How to register to become a member

In order to become a member of ICAN, you need to be a qualified accountant with working experience. If you are an Accounting graduate, you need three years of experience. If you have a diploma in another discipline or you are a member of the AAT, you need 4 years of experience.

Here are the steps you need to take in order to become a member:

• Go to any Nigerian commercial bank and pay the Induction fee of ₦90,000.
• Get a receipt for your payment and go to the ICAN website (www.icanonline-ngr.com/paydirect).
• In the required fields type in the numbers of your deposit slip and receipt. You will receive a generated PIN and serial number.

• On the registration page, type in your Student Registration Number, serial number and the PIN.
• Fill in the form and upload a good quality passport-format photo of yourself. Submit your application.
• Print out the completed form and get your referees to sign it.
• Attach the documents you can find at this link.
• Submit the finished form and the evidence of payment to ICAN, Plot 16, Idowu Taylor Street, Victoria Island, Lagos.

After that, you registration will be complete. If you have any issues or questions, you can call 01-4542097 or send an e-mail to membership@ican.org.ng.

And that is all for all the different methods of registration with the ICAN. We hope you can find what you are looking for. Good luck on your registration and exams. Have a nice day!

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Source: Legit.ng

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