EXEMPTION GUIDELINES AND FEES

  Academic Qualification Exemptions Fee N
A Ph.D.(Accounting) with M.Sc. (Accounting) and B.Sc.(Accounting) All subjects in Foundation and Skills Levels
135,100.00
B M.Sc. (Accounting) obtained from ICAN
accredited institutions in addition to B.Sc. in
Accounting.)
  • All subjects in Foundation Level
  • B1.Financial Reporting
  • B2. Audit and Assurance
  • 91,100.00
    C M.Sc. (Accounting) obtained from ICAN
    accredited institutions but without B.Sc. in
    Accounting.
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • A4. Management Information
  • 38,400.00
    D M.Sc. (Accounting) obtained from non-accredited
    institutions in addition to B.Sc. in
    any accounting related discipline.
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • A5. Business Law
  • 38,400.00
    E B.Sc/HND (Accounting) obtained under the
    Mutual Co-operation Agreement with Tertiary
    Institutions (MCATI)
  • All subjects in Foundation and Skills Levels
  • 135,100.00
    F ATSWA (from year 2010)
  • All Subjects in Foundation Level
  • B2. Audit and Assurance
  • B3. Taxation
  • 91,100.00
    G ATS II (pre-2010)
  • A1. Business, Management and Finance
  • A2. Financial Accounting
  • A3. Management Information
  • 38,400.00
    H B.Sc./HND (Accounting) obtained from
    ICAN- accredited institutions in Nigeria.
  • All Subjects in Foundation Level
  • B2. Audit and Assurance
  • 80,100.00
    I B.Sc./HND (Accounting) obtained from
    recognised institutions in Nigeria but not yet accredited by ICAN
  • A1. Business, Management and Finance
  • A2. Financial Accounting
  • A4. Business Law
  • 38,400.00
    J B.Sc./HND (Accounting) obtained from
    foreign recognised institutions
  • A1. Business, Management and Finance
  • A2. Financial Accounting
  • 31,600.00
    K B.Sc./HND (Accounting)/ Masters in Accounting and Finance (MAF) obtained from foreign recognised institutions.
  • A1. Business, Management and Finance
  • A2. Financial Accounting
  • A3. Management Information
  • 38,400.00
    L B.Sc./HND (Accounting) obtained from
    recognised institutions in Nigeria and MBA Finance.
  • All Subjects in Foundation Level
  • B2. Audit and Assurance
  • B6. Corporate Strategic Management and Ethics
  • 91,100.00
    M B.Sc./HND (Accounting) obtained from
    recognised institutions in Nigeria but not yet
    accredited by ICAN plus MBA Finance.
  • A1. Business, Management and Finance
  • A3. Financial Accounting
  • A5. Business Law
  • B6. Corporate Strategic Management and Ethics
  • 73,300.00
    N B.Sc. Economics A1. Business, Management and Finance 24,750.00
    O B.Sc. Economics/Statistics
    Economics/Computer Science
    A1. Business, Management and Finance 24,750.00
    P B.Sc. Actuarial Science
  • A1. Business, Management and Finance
  • A4. Business Law
  • 31,600.00
    Q B.Sc./HND Insurance
  • A1. Business, Management and Finance
  • A4. Business Law
  • 31,600.00
    R B.Sc./HND/B.A Business
    Admin/Management/Public Administration
  • A1. Business, Management and Finance
  • A1. Business Law
  • 31,600.00
    S B.Sc./HND Banking and Finance
  • A1. Business, Management and Finance
  • A4. Business Law
  • 31,600.00
    T B.Sc./HND Marketing
  • A1. Business, Management and Finance
  • A4. Business Law
  • 31,600.00
    U MBA/MBF in addition to B.Sc./HND in non- accounting discipline
  • A1. Business, Management and Finance
  • A4. Business Law
  • 31,600.00
    V B.Sc. (Ed.) Accounting or B.Ed. Business
    Education (Accounting option)
  • A1. Business, Management and Finance
  • A3. Financial Accounting
  • A4. Business Law
  • 38,400.00
    W B.Ed. Education Management (Accounting
    Option)
  • A1. Business, Management and Finance
  • A2. Financial Accounting
  • A4. Business Law
  • 38,400.00
    X B.Ed(Business Education
  • A1. Business, Management and Finance
  • 24,750.00
    Y B.Sc./B.A Commerce
  • A1. Business, Management and Finance
  • A4. Business Law
  • 31,600.00
    Z B.Sc./HND Cooperative and Rural Development
  • A1. Business, Management and Finance
  • A4. Business Law
  • 31,600.00
    AA LL.B/LL.M/LL.D A4. Business Law 24,750.00
           

    Professional qualifications

      Qualifications Exemptions Approved Rate
    N
    a Associate Chartered Institute of Bankers of
    Nigeria (ACIBN)
    All subjects in Foundation Level and
  • B2. Audit and Assurance
  • B6. Corporate Strategic Management and Ethics
  • 91,100.00
    b Associate Institute of Financial Services, UK
    (Formerly Chartered Institute of Bankers,
    London)
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • 31,600.00
    c Associate Chartered Institute of Stock
    Brokers of Nigeria (ACIS)
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • A5. Business Law
  • 38,400.00
    d Associate Institute of Chartered Secretaries
    and Administrators (AICSA)
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • A5. Business Law
  • 38,400.00
    e Associate Chartered Institute of Insurance of
    Nigeria (ACIIN)
  • A2. Business, Management and Finance
  • A5. Business Law
  • 31,600.00
    f Associate Chartered Institute of Taxation of
    Nigeria (ACITN)
    All subjects in Foundation Level except
    Management Information (A4.) plus
  • B3 Taxation in Skills
  • 73,300.00
    g Certified National Accountant of Nigeria
    (CNA)
    All subjects in Foundation and Skills Levels 135,100.00
    h Nigeria Institute of Management (Chartered)
  • A1. Business, Management and Finance
  • 24,750.00
    i Executive Management in Accounting (EMA) obtained from Federal Treasury Academy with effect from 1987 (Formerly Federal Treasury Training School)
  • All subjects in Foundation Level
  • >B2. Audit and Assurance
  • 80,100.00
    j ICAEW
  • All levels but to write examination of experience
  • 222,000.00
    k CIPFA, UK All levels except the following subjects in each
    of the level:
  • A5. Business Law
  • C4. Advanced Taxation
  • 203,300.00
    l CIMA, UK All levels except
  • C2. Advanced Audit and Assurance
  • 210,000.00
    m ACCA, UK
    CPA, USA
    ICAS, UK
    ICAI, UK
    All levels except the following subjects in each
    of the level:
  • A5. Business Law
  • B5. Public Sector Accounting & Finance
  • C4. Advanced Taxation
  • 192,300.00
    n ACCA, UK
    CPA, USA
    ICAS, UK
    ICAI, UK
    in addition to B.Sc In Accounting Obatain from Nigeria
    All levels except the following subjects in each
    of the level:
  • A5. Business Law
  • B5. Public Sector Accounting & Finance
  • C4. Advanced Taxation
  • 199,100.00
    0 AIA (Final) with effect from 1994
    AAT (UK)
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • A4. Management Information
  • B2. Audit and Assurance
  • 73,300.00
    p AIA (Pre-1994)
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • A4. Management Information
  • 38,400.00
    Levels

    Rates

     

    1 paper

    2 papers

    3 papers

    4 papers

    5 papers

    6 papers

    Foundation

    24,750.00

    31,600.00

    38,400.00

    45,200.00

    -

    -

    Skills

    34,900.00

    45,900.00

    56,900.00

    67,900.00

    78,900.00

    89,900.00

    Professional

    37,900.00

    50,300.00

    62,700.00

    75,100.00

    87,500.00

    -