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To become an Associate Chartered Accountant (ACA), you must first pass the ICAN Professional Examination. Passing the exam necessitates adequate preparation. The ICAN Professional Examination Past Questions and Answers are provided as a resource to assist you in your preparation.
Here’s the icebreaker!
Becoming a Chartered Accountant is the best way to gain proper recognition as an Accountant. And in order to become one, you must first pass the ICAN exam.
The Institute of Chartered Accountants of Nigeria is Nigeria’s professional accounting body. The institute determines what standards of knowledge and skill are required of those seeking to enter the accounting profession and raises those standards as circumstances allow.
Over the years, ICAN has certified 38,000 Chartered Accountants who work in various sectors of the economy to create value. Aside from being ICAN members, they also work in the three tiers of government and the private sector.
Now, the only way to join the Institute of Chartered Accountants of Nigeria is to register for and pass the ICAN Examination.
To pass your ICAN exam, you must obtain your ICAN Professional Examination past questions and answers.
Click to obtain a copy of the ICAN Professional Exams Past Questions and Answers
What Is The Nature Of The ICAN Professional Examination?
The Institute of Chartered Accountants of Nigeria is a professional accountancy body in Nigeria. It is also one of the two professional accountancy associations with the regulatory authority in Nigeria, the other being the Association of National Accountants of Nigeria.
ICAN’s mission is to produce world-class chartered accountants, and regulate and continuously enhance their ethical standards, and technical competence in the public interest. However, to become a chartered accountant, you must first apply and pass the ICAN professional examination.
ICAN Nigeria offers two types of exams. The first type is that of professional exams and the second type is that of the Accounting Technician Scheme (ATS).
ICAN Professional Examinations.
The ICAN Professional Examination is aimed at holders of a degree or national diploma in any discipline from accredited schools, holders of the ICAN AAT diploma, or any other qualification for the time being approved by the Council.
So, as a graduate who wants to get an ACA (Associate Chartered Accountant) qualification, all you need to do is register and prepare for the ICAN Professional Examination.
What To Expect In ICAN Professional Examination?
Basically, the ICAN Professional Level Examination covers questions from the following subjects:
- Corporate Reporting
- Advanced Audit and Assurance
- Strategic Financial Management
- Advanced Taxation
- Case Study
It is essential that you note that the average pass mark for each subject is 50%. Hence, there is a need for adequate preparation.
Not to worry, with our ICAN Professional past questions and answers, you will not only get to know the type of questions to expect and the exam pattern, but you will also study them.
Why Should I Get The ICAN Professional Examination Past Questions & Answers?
The ICAN past questions and answers will help you prepare adequately for the exams as it gives you access to questions and exam patterns from previous years. This will get familiar with the questions asked and the most suitable answers needed.
Furthermore, since these ICAN exam questions are often repeated, you will be solving questions that are more likely to show up on the ICAN exam day.
Lastly, preparing with this past question-and-answer pack will help you build the confidence you need for the ICAN Professional Examination.
Now, hurry and get your copy!
Download a copy of the ICAN Professional Exams Past Questions and Answers
FAQs On ICAN Exam
Applicant must attach the following documents to the application before submission:
Photocopy of an exemption certificate (if applicable).
Photocopies of past results. (Pre �May 1998 results only)
One recent passport photograph
Duplicate copy of the receipt of payment/teller.
There are about 16 subjects with numerical and written content, broken down into three stages; Foundation Level, Skills Level, and Professional Level.
You can also generate the pin using your BANK DEPOSIT (receipt) number, following the instructions on the slip as if you were registering for the exams for the first time. Go to www.icanonline-ngr.com/paydirect if you have your bank receipt. Fill in the following information on the website as directed.
To become a member of ICAN, you must be a qualified accountant with relevant work experience. You must have three years of experience if you have a bachelor’s degree in accounting. 4 years of experience are required if you have a diploma in another discipline or are a member of the AAT.
I hope this guide satisfies your search intent. Don’t forget to leave feedback or ask any questions as our team of experts will be there to guide you. Cheers!