| 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.) |
|
91,100.00 |
| C | M.Sc. (Accounting) obtained from ICAN accredited institutions but without B.Sc. in Accounting. |
|
38,400.00 |
| D | M.Sc. (Accounting) obtained from non-accredited institutions in addition to B.Sc. in any accounting related discipline. |
|
38,400.00 |
| E | B.Sc/HND (Accounting) obtained under the Mutual Co-operation Agreement with Tertiary Institutions (MCATI) |
|
135,100.00 |
| F | ATSWA (from year 2010) |
|
91,100.00 |
| G | ATS II (pre-2010) |
|
38,400.00 |
| H | B.Sc./HND (Accounting) obtained from ICAN- accredited institutions in Nigeria. |
|
80,100.00 |
| I | B.Sc./HND (Accounting) obtained from recognised institutions in Nigeria but not yet accredited by ICAN |
|
38,400.00 |
| J | B.Sc./HND (Accounting) obtained from foreign recognised institutions |
| 31,600.00 |
| K | B.Sc./HND (Accounting)/ Masters in Accounting and Finance (MAF) obtained from foreign recognised institutions. |
| 38,400.00 |
| L | B.Sc./HND (Accounting) obtained from recognised institutions in Nigeria and MBA Finance. |
|
91,100.00 |
| M | B.Sc./HND (Accounting) obtained from recognised institutions in Nigeria but not yet accredited by ICAN plus MBA Finance. |
|
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 |
|
31,600.00 |
| Q | B.Sc./HND Insurance |
|
31,600.00 |
| R | B.Sc./HND/B.A Business Admin/Management/Public Administration |
|
31,600.00 |
| S | B.Sc./HND Banking and Finance |
|
31,600.00 |
| T | B.Sc./HND Marketing |
|
31,600.00 |
| U | MBA/MBF in addition to B.Sc./HND in non- accounting discipline |
|
31,600.00 |
| V | B.Sc. (Ed.) Accounting or B.Ed. Business Education (Accounting option) |
|
38,400.00 |
| W | B.Ed. Education Management (Accounting Option) |
|
38,400.00 |
| X | B.Ed(Business Education |
|
24,750.00 |
| Y | B.Sc./B.A Commerce |
|
31,600.00 |
| Z | B.Sc./HND Cooperative and Rural Development |
|
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 |
91,100.00 |
| b | Associate Institute of Financial Services, UK (Formerly Chartered Institute of Bankers, London) |
|
31,600.00 |
| c | Associate Chartered Institute of Stock Brokers of Nigeria (ACIS) |
|
38,400.00 |
| d | Associate Institute of Chartered Secretaries and Administrators (AICSA) |
|
38,400.00 |
| e | Associate Chartered Institute of Insurance of Nigeria (ACIIN) |
|
31,600.00 |
| f | Associate Chartered Institute of Taxation of Nigeria (ACITN) |
All subjects in Foundation Level except Management Information (A4.) plus |
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) |
|
24,750.00 |
| i | Executive Management in Accounting (EMA) obtained from Federal Treasury Academy with effect from 1987 (Formerly Federal Treasury Training School) |
|
80,100.00 |
| j | ICAEW |
|
222,000.00 |
| k | CIPFA, UK | All levels except the following subjects in each of the level: |
203,300.00 |
| l | CIMA, UK | All levels except |
210,000.00 |
| m | ACCA, UK CPA, USA ICAS, UK ICAI, UK |
All levels except the following subjects in each of the level: |
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: |
199,100.00 |
| 0 | AIA (Final) with effect from 1994 AAT (UK) |
|
73,300.00 |
| p | AIA (Pre-1994) |
|
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 |
- |
ATS EXEMPTION FEES |
|||
S/N |
QUALIFICATION |
LEVEL OF EXEMPTION |
CURRENT RATE(₦) |
| 1 | OND Accounting (Accredited Institution) | Part I & II (All Subjects) | 28,300.00 |
| 2 | NCE Accounting (Accredited Institution) | Part I & II (All Subjects) | 28,300.00 |
| 3 | OND Fin. Studies/Banking & Fin. | Part I & PPFA in Part II | 23,200.00 |
| 4 | OND Bus. Studies/Bus. Admin. | Part I (All Subjects except Law) | 11,950.00 |
| 5 | AAT U.K | Parts I, II & III (Except Bus Law [I] Govt. Acctg [II] & PTCR [III]) | 40,000.00 |
| 6 | OND Statistics | Q/A | 9,800.00 |
| 7 | OND Computer Science | I.T | 9,800.00 |
| 8 | OND Insurance | Q/A | 9,800.00 |
| 9 | OND Marketing | Economics | 9,800.00 |
| 10 | Diploma in Accounting (Uni. Ben.) | Parts I & II (Except Govt. Acctg) | 26,550.00 |
| 11 | Diploma in Public Accounting (Kad. Poly) | Parts I & II (All Subjects) | 28,300.00 |
| 12 | Diploma in Public Accounting (Kwara Poly) | Parts I & II (All Subjects) | 28,300.00 |
| 13 | Diploma in Accounting (Uni. P/H) | Part I & PPFA in Part II | 23,200.00 |
| 14 | OND Accounting (NASFA) | Parts I & II (All Subjects) | 28,300.00 |
| 15 | OND (Petroleum Marketing & Bus. Studies) | Business Law | 9,800.00 |
| 16 | Diploma in Accounting (Olabisi Onabanjo Uni.) | Parts I & II (All Subjects) | 28,300.00 |
| 17 | OND Accounting (Non Accredited Institution) | Part 1 Only | 13,400.00 |
| 18 | OND Accounting & ATS1 | Part11 only | 14,850.00 |
TO MEMBERS:
Membership of the Faculties assists members to enhance their technical and professional skills such that they can continue to deliver value-laden services to their diverse clientele. The Faculties serve as repository of technical resources from which members can draw as they grapple with the challenges of their professional assignments. They also create networking opportunities for members.
The Faculties raise the quality of professional practice to ensure compliance with standards, regulations and best practice, thereby enhancing the quality of financial reporting in the country and sustaining public confidence in the profession.
| Name | Position |
|---|---|
| Mr. Adama Mohammed | Chairman |
| Mr. Oladele Nuraini Oladipo | |
| Mr. Francis Chavwuko Okoro | |
| Mr. Bernard Carrena | |
| Mr. Ogunniyi Olawale | |
| Alhaji Musa Dauda | |
| Mr. Emmanuel Ogunjumo | |
| Mrs. Salawu Abimbola Yekeen | |
| Mrs. Mojisola Rachael Fashola | |
| Mr. Tajudeen Adejare Adegbite | |
| Mrs. Ugwu Priscilla Ngozi | |
| Mrs. Ashinze Ngozi Francisca | |
| Mr. Benjamin Okorie-Agidi | |
| Mr. Olalere Oni | |
| Mr. Bolutife Olalekan Oluwadele | |
| Mr. Rotimi Oyeniyi | |
| Mr. Oshojah Harris Sunday | |
| Mr. Sola Oyetayo | |
| Mr. Chinedu Emenalo | |
| Mr. Zaka Oladele Yekeen |
| Name | Position |
|---|---|
| *Alh. Tijjani Musa Isa | President |
| *Dr. Innocent Okwuosa | Vice President |
| *Alh. Haruna N. Yahaya | 1st DVP |
| Chief Davidson C .S Alaribe | 2nd DVP |
| Dr. Etofolam F. Osuji | |
| Hajia Queensley Sofuratu Seghosime | |
| Dr. Adedeji Abiodun Awobotu | |
| Alhaja Titilayo Akibayo | |
| Mr. Sylvester Nwanna | |
| AVM. Abubakar Idris Adamu | |
| Mr Oladipo Nuraini Oladele | |
| Mr Yomi Olugbenro | |
| Mr. Adama Mohammed | |
| Mr. Taiwo Oyedele | |
| Mr. Cyril Azobu | |
| Mrs. Bunmi Akinde | |
| Mr. Julius Ajayi Bamidele | |
| Mr. Temitope Odukoya | |
| Mr Bolaji Osho |
