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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	-

About Us

Collections

The ICAN Library has a rich volume of information resources in print and electronic formats with over 20,000 book volumes, 40 journal titles, 47 Magazine titles, 23 Newsletter Titles, and other information resources such as reference resources, reviews, reports, government, and NGO publications of information resources such as books. The ICAN Library has large collections of audiovisual resources.
The collections of ICAN Library include large volumes of ICAN local content publications such International Journal of Accountants and Finance (IJAF), the Nigerian Accountant, ICAN Professional and ATSWA Examination study packs, Pathfinder, ICAN theses and commissioned research reports, annual reports, and financial statements, ICAN newsletters, training program, ICAN ceremony program of events, and many others.
Physical Services

The ICAN Library provides conducive spaces for reading and learning, technical services (lamination, spiral binding, and paper cutting), reprographic services (printing, scanning, and photocopying), reference services, and circulation services such as resource borrowing, among others.
Electronic Services
The ICAN Library subscribes to the ProQuest database for e-books and the EBSCOhost database for e-journals. Login details are sent to members on request or after paying the annual members’ subscription fee.
The specialized digital services provided in ICAN Libraries include:
1. e-Literature Search:This involves conducting an online literature search, downloading literature materials, and sending them to ICAN Members electronically.
2. Document Delivery: This involves scanning relevant information resources and sending them to users electronically.
3. e-Circulation Services: This involves renewing loaned information resources without the physical presence of the users.
4. e-Current Awareness Services: This involves keeping users abreast with new arrivals in the ICAN Library digitally.
5. Internet Services: This involves assisting the students in processing and printing their examination forms.
e-Library Facilities
This is a digital/online library facility provided by the Institute’s library to read e-books, e-journals, and access other information resources. The e-library is part of a network with links to renowned publishers and other libraries that provide access to digital and scholarly information on the web. Specific deliverables of the department are:
1. Sending E-Library Login Details: Send Login details of the e-databases to Financial Members.
2. Literature Search and Document Delivery Services: Literature search services are provided to Financial Members of the Institute
3. Referral Services: The library has continued to render different referral services to ICAN members and students both physically and remotely.

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

Registration Status

How to pay for Exemption

Professional Exemption Guide

Professional qualifications

Exemption Rates Per Paper

ATS EXEMPTION FEES

S/N

QUALIFICATION

LEVEL OF EXEMPTION

CURRENT RATE(₦)

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