News & Opportunities

How To Check ICAN Exemption Status

FunNaija.com brings you everything you need to know on How to check ICAN Exemption Status.

The Institute of Chartered Accountants of Nigeria (ICAN) offers exemptions to some candidates based on a few criteria, which include your degree type, if you are AAT certified, if you have the certification of other accounting professional bodies, etc.

By getting exemptions, you won’t write some exams and the workload will be significantly reduced for you!

If you have registered for the ICAN professional examination and you want to check your exemption status, just click on http://icanportal.org/professional/Account/Login?ReturnUrl=%2Fprofessional%2FExamStatus

ICAN Exemptions for OND HND and BSC

The institute of Chartered Accountant of Nigeria ICAN Exemptions for OND HND and BSC respectively available for several courses in Accredited Tertiary Institutions (ATI) by ICAN.

Become a Chartered Accountant in no time by taking full advantage of the exemptions from ICAN, OND, HND, and BSC.

Candidates have a shorter period of becoming Chartered Accountants after being exempted from selected ICAN exams which are based on the course studied and also the tertiary institution graduated from, only tertiary institutions on ATI will be suitable for exemptions.

See OND Exemptions Guide Below:

ATS EXEMPTION FEES
S/NQUALIFICATIONLEVEL OF EXEMPTIONCURRENT RATE(=N=)
1OND Accounting (Accredited Institution)Part I & II (All Subjects)25,680.00
2NCE Accounting (Accredited Institution)Part I & II (All Subjects)25,680.00
3OND Fin. Studies/Banking & Fin.Part I & PPFA in Part II21,060.00
4OND Bus. Studies/Bus. Admin.Part I (All Subjects except Law)10,860.00
5AAT U.KParts I, II & III (Except Bus Law [I] Govt. Acctg [II] & PTCR [III])36,360.00
6OND StatisticsQ/A8,880.00
7OND Computer ScienceI.T8,880.00
8OND InsuranceQ/A8,880.00
9OND MarketingEconomics8,220.00
10Diploma in Accounting (Uni. Ben.)Parts I & II (Except Govt. Acctg)24,120.00
11Diploma in Public Accounting (Kad. Poly)Parts I & II (All Subjects)25,680.00
12Diploma in Public Accounting (Kwara Poly)Parts I & II (All Subjects)25,680.00
13Diploma in Accounting (Uni. P/H)Part I & PPFA in Part II21,060.00
14OND Accounting (NASFA)Parts I & II (All Subjects)25,680.00
15OND (Petroleum Marketing & Bus. Studies)Business Law8,220.00
16Diploma in Accounting (Olabisi Onabanjo Uni.)Parts I & II (All Subjects)25,680.00
17OND Accounting (Non-Accredited Institution)Part 1 Only12,180.00
18OND Accounting&ATS1Part11 only13,500.00
Source: ICAN

ICAN Exemptions for OND HND and BSC

HND, BSC, MSC Exemptions Guide:


Academic Qualifications
ExemptionsFee N
APh.D.(Accounting) with M.Sc. (Accounting) and B.Sc.(Accounting)All subjects in Foundation and Skills Levels122,800.00
BM.Sc. (Accounting) obtained from ICANaccredited institutions in addition to B.Sc. inAccounting.)All subjects in Foundation Level B1.Financial ReportingB2. Audit and Assurance82,800.00
CM.Sc. (Accounting) obtained from ICANaccredited institutions but without B.Sc. inAccounting.A2. Business, Management, and Finance  A3. Financial AccountingA4. Management Information34,900.00
DM.Sc. (Accounting) obtained from non-accreditedinstitutions in addition to B.Sc. inany accounting-related discipline.A2. Business, Management, and FinanceA3. Financial AccountingA5. Business Law34,900.00
EB.Sc/HND (Accounting) obtained under theMutual Co-operation Agreement with TertiaryInstitutions (MCATI)All subjects in Foundation and Skills Levels122,800.00
FATSWA (from the year 2010)All Subjects in Foundation LevelB2. Audit and AssuranceB3. Taxation82,800.00
GATS II (pre-2010)A1. Business, Management, and FinanceA2. Financial AccountingA3. Management Information34,900.00
HB.Sc./HND (Accounting) obtained fromICAN-accredited institutions in Nigeria.All Subjects in Foundation LevelB2. Audit and Assurance72,800.00
IB.Sc./HND (Accounting) obtained fromrecognized institutions in Nigeria but not yet accredited by ICANA1. Business, Management, and FinanceA2. Financial AccountingA4. Business Law34,900.00
JB.Sc./HND (Accounting) obtained fromforeign recognized institutionsA1. Business, Management, and FinanceA2. Financial Accounting28,700.00
KB.Sc./HND (Accounting)/ Masters in Accounting and Finance (MAF) obtained from foreign recognized institutions.A1. Business, Management, and FinanceA2. Financial AccountingA3. Management Information34,900.00
LB.Sc./HND (Accounting) obtained fromrecognized institutions in Nigeria and MBA Finance.All Subjects in Foundation LevelB2. Audit and AssuranceB6. Corporate Strategic Management and Ethics82,800.00
MB.Sc./HND (Accounting) obtained fromrecognized institutions in Nigeria but not yetaccredited by ICAN plus MBA Finance.A1. Business, Management, and Finance  A3. Financial AccountingA5. Business LawB6. Corporate Strategic Management and Ethics66,600.00
NB.Sc. EconomicsA1. Business, Management, and Finance22,500.00
OB.Sc. Economics/StatisticsEconomics/Computer ScienceA1. Business, Management, and Finance22,500.00
PB.Sc. Actuarial ScienceA1. Business, Management, and FinanceA4. Business Law28,700.00
QB.Sc./HND InsuranceA1. Business, Management, and FinanceA4. Business Law28,700.00
RB.Sc./HND/B.A BusinessAdmin/Management/Public AdministrationA1. Business, Management, and FinanceA1. Business Law28,700.00
SB.Sc./HND Banking and FinanceA1. Business, Management, and FinanceA4. Business Law28,700.00
TB.Sc./HND MarketingA1. Business, Management, and FinanceA4. Business Law28,700.00
UMBA/MBF in addition to B.Sc./HND in non- accounting disciplineA1. Business, Management, and FinanceA4. Business Law28,700.00
VB.Sc. (Ed.) Accounting or B.Ed. BusinessEducation (Accounting option)A1. Business, Management, and FinanceA3. Financial AccountingA4. Business Law34,900.00
WB.Ed. Education Management (AccountingOption)A1. Business, Management, and FinanceA2. Financial AccountingA4. Business Law34,900.00
XB.Ed(Business EducationA1. Business, Management, and Finance22,500.00
YB.Sc./B.A CommerceA1. Business, Management, and FinanceA4. Business Law28,700.00
ZB.Sc./HND Cooperative and Rural DevelopmentA1. Business, Management, and FinanceA4. Business Law28,700.00
AALL.B/LL.M/LL.DA4. Business Law22,500.00

Accredited Tertiary Institutions (ATI) by ICAN

Thanks for reading! FunNaija.com

Leave a comment

Your email address will not be published. Required fields are marked *