The Institute of Chartered Accountants of Nigeria (ICAN) is a reputable body of accountants in Nigeria and has a pivotal role in the development of the accounting profession in the country. If you’re an accounting student seeking to apply for ICAN membership, you’re on the right path. In this article, we’ll walk you through the 2023 ICAN portal application update, and provide comprehensive guidelines to help you navigate the application process with ease.
Fact About ICAN
The Institute of Chartered Accountants of Nigeria, popularly known as ICAN, was established in September 1965 by the Act of Parliament No. 15. ICAN has grown immensely since its inception, having produced over 38,000 accountants who work in various sectors across the nation (ICAN, 2022). Its primary objective is to produce globally competitive chartered accountants, regulate the accounting profession, and promote high ethical standards and technical competence to serve the public interest.
The institution is responsible for determining the standards of knowledge and skills to be attained by persons wishing to become members of the accounting profession. It also ensures these standards are maintained and improves the techniques used in accounting.
ICAN Portal www.icanig.org 2023: Application Update
For 2023, prospective candidates seeking to join ICAN should keep an eye on the official ICAN website, www.icanig.org, for the latest application updates. Remember that every graduate is eligible for the ICAN certification, provided you meet certain criteria.
ICAN Certification: Eligibility and Requirements
Whether you’re a professional student or an Accounting Technicians Scheme of West Africa (ATSWA) student, the certification process varies. Here are the essential requirements:
Professional Students
As a professional student, you’ll need to provide:
- University degree certificate from a recognized University accredited by the National Universities Commission (NUC).
- Higher National Diploma from a recognized Polytechnic accredited by the appropriate council.
- Other qualifications as required by ICAN.
ATSWA Students
If you’re an ATSWA student, you should provide:
- Five credit passes in any subject, including English Language and Mathematics in the West African Senior School Certificate Examination (WASSCE), General Certificate Examination (GCE), National Examination Council (NECO) or National Business and Technical Examinations Board (NABTEB) or its equivalent.
- Ordinary National Diploma (OND) from a recognized Polytechnic.
- National Certificate in Education (NCE) from any recognized College of Education.
Application Procedures
Regardless of your student category, the application process requires a methodical approach. Visit the ICAN website at http://icanig.org/RPlogin.php to begin your application process. Be ready to provide essential documents, including your original pay direct receipt/transaction reference, certified photocopies of your credentials, two certified passport photos, and three blank envelopes with your address.
Furthermore, becoming an ICAN professional student involves an induction fee payment of N100,000. You need to provide your Student Registration Number and PIN, fill out the form completely, and upload your passport-sized photograph. Remember to print the form, have your referee sign it, attach the necessary documents, and forward your proof of payment to ICAN.
Conclusion
Pursuing ICAN membership is a significant step in your accounting career. However, it’s vital to stay updated on the latest application guidelines, prepare the necessary documents, and adhere strictly to the application procedures. Rest assured, your journey with ICAN will open a new world of opportunities in your professional career.
References
- Institute of Chartered Accountants of Nigeria. (2022). About ICAN. http://www.ican-ngr.org/
- National Universities Commission (2022). Accredited Institutions. http://nuc.edu.ng/
FAQs about ICAN Portal
- Is ICAN membership open to all graduates? Yes, any graduate can apply for ICAN certification, provided they meet the set eligibility criteria.
- How long does the ICAN certification process take? The duration varies, depending on your student category (professional or ATSWA). The key is to follow the application procedures diligently.
- Can I apply for ICAN certification if I studied abroad? Yes. However, your degree must be from a recognized University that is accredited by an appropriate council.
- What are the benefits of ICAN certification? ICAN certification provides you with a competitive edge in the accounting profession. It enhances your credibility, expands your network, and opens doors for better job opportunities.
- Can I apply for ICAN certification online? Yes, the application for ICAN certification can be done online via the ICAN portal.
The Institute of Chartered Accountants of Nigeria is committed to promoting excellence in the accounting profession. Your journey with ICAN promises to be rewarding, equipping you with the necessary skills and knowledge to thrive in your accounting career. The portal, www.icanig.org, is your gateway to becoming a part of this prestigious institution. Visit today and stay updated on the 2023 application process
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