Registration Status

How to pay for Exemption

Professional Exemption Guide

	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

Exemption Rates Per Paper

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

Pay for ATSWA Exemption

ICAN Management Team

The management is responsible to council for planning and managing the affairs and business of ICAN. It does this in accordance with objectives, policies and budgets approved by the council.

The management acts under delegated authority from Council dealing with all matters relating to the development and implementation of ICAN strategy, policy and operational plans, and all matters relating to ICAN resources, reporting to Council with recommendations as required.

Musibau Lanre Olasunkanmi

Registrar/Chief Executive

B.Sc, MBA, MSc. PhD, FCTI, FCA

mlolasunkanmi@ican.org.ng

Ijeoma Ogochukwu Anaso

Deputy Registrar (Technical Services)

PhD, MSc, BSc, FCA.

ioanaso@ican.org.ng

Henry Iheacho

Director Information Technology

B.Eng, MIT, MCPN, MNCS.

hiheacho@ican.org.ng

Ikhiegbia Braimah Momoh

Director, Examinations

HND, MBA, AMNIM, ACTI, FCA

ibmomoh@ican.org.ng

Martha Ifeoma Okwuosa

Director, Legal Services

LL.B Hons, LL.M

miokwuosa@ican.org.ng

Shehu Tijani Gbadamosi

Director, Financial Services

MSc, BSc, PGD (Comp.Sc), CISA, ACTI, FCA

stgbadamosi@ican.org.ng

Ayobami Niniola Abunsango

Director, HR & Admin

Bsc. ACIPM

anabunsango@ican.org.ng

Shakiru Akanni Balogun

Deputy Director, Membership Affairs

BSc, AMITD, CISA, FCTI, FCA

sabalogun@ican.org.ng

Yemisi Adedokun

Deputy Director, Technical & Education

PhD, MSc, MBA, PGD, BSc, HND, FCA

yadedokun@ican.org.ng

Adesola Olajumoke Okunola

Deputy Director, Faculties

PhD, MSc, BSc, HND, ACTI, ACA

aookunola@ican.org.ng

Gbolahan Ajani Akinlawon

Assistant Director, Internal Audit

HND, BSc, AMNIM, ACTI, FCA

gaakinlawon@ican.org.ng

Adewole Alex Adebayo

Assistant Director, Information Technology

MSc, BSc, AMNIM, OCA, OCP

aaadebayo@ican.org.ng

Ejike Ojukwu

Assistant Director, Professional Exams

MSc, BSc, FCA

oejike@ican.org.ng

Yusuf Adamu

Assistant Director, Liaison Offices

MBA, MBF, PGD, HND, AMNIM, ACSI, ACTI, FCA

ayusuf@ican.org.ng

...

..

Dr. Musibau Lanre Olasunkanmi

Registrar/Chief Executive
PhD, M.Sc, MBA, B.Sc, HND

mlolasunkanmi@ican.org.ng

Dr. Olasunkanmi has accumulated over sixteen years of work experience spanning different functional areas as well as leadership roles in both the private and public sector. Prior to joining the Institute, he has worked with many companies and organisations at various management capacities as follows:

Chartered Institute of Taxation of Nigeria (CITN)
- Registrar/Chief Executive;
- Deputy Registrar, Corporate & Internal Services
- Director, Internal Services;
- Assistant Director/Head, Finance & Accounts;
- Finance Manager;
Office of the State Accountant General – Senior Accountant/Deputy Director, Fund Management;
A.J. Silicon Tech Ltd – Management Accountant/Facilitator;
HAPA Consultants (Chartered Accountant) – Accountant & Admin Officer;
Mcpapa Professional Services (Tuition Provider, Tax Practitioner & Consulting) - Partner

Dr. Olasunkanmi holds PhD in Forensics Accounting & Audit from the Charisma University, Turks and Caicos Island, UK; M.Sc in Accounting from Afe Babalola University; MBA from the University of Lagos; B.Sc in Accounting from Adekunle Ajasin University; HND in Accounting from the Federal Polytechnic, Ado-Ekiti.

He is an Associate of Business Recovery & Insolvency Practitioners Association of Nigeria (BRIPAN); Association of National Accountants of Nigeria (ANAN) and; Institute of Chartered Economists of Nigeria (ICEN).

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN); the Chartered Institute of Taxation of Nigeria (CITN); Association of Corporate Governance of Nigeria and; Association of Forensic Accounting Researchers. He is also a member of the Association of Certified Fraud Examiners, USA.

Dr. Olasunkanmi has attended many capacity development programs both within and outside the country. He has published many articles and delivered many papers at different seminars, workshops and conferences. He also has a book publication to his credit.
He loves listening to music, mentoring, research, and publishing.

Professional qualifications