How Long Does it Takes to Complete ICAN – Stages, Papers and Years Involves?

In case you want to write ICAN and has been asking for how long does it takes to complete ICAN Exam in Nigeria so you can know how many stages is the exam, numbers of papers and how many years. At the end of this post, you will be able to get the answers for all your questions related to the institute of Chartered accountant of Nigeria.

In case you want to read how to register ICAN in Nigeria and the cost This post has provided answers to all your questions with regards to ICAN examination, therefore the following pressing questions are attended to:

i.   How many exams are there in ICAN?

ii.  How many stages are there in ICAN?

How Many Papers Do I Write In Each ICAN Stages?

After knowing the rough estimate of what it will cost you to run an ICAN program in Nigeria, it is also important to know how many papers a graduate will write to become a chartered accountant for both accounting and none accounting graduates alike:

ICAN Exam Papers (Accounting Graduates): Your exam is at two stages, skills and professional levels, below are the courses to offer:

Skills Level:
B1. Financial Reporting
B4. Performance Management
B5. Public Sector Accounting and Finance
B6. Management, Governance and Ethics

Professional Level
C1. Corporate Reporting
C2. Advanced Audit and Assurance
C3. Strategic Financial Management
C4. Advanced Taxation
C5. Case Study

All these can be written in just two diet. That’s a year. All depends on you.

ICAN Papers For Non- Accounting Graduates

Your exam is in three stages, below are the papers to write as a non-accounting graduate who is interested in ICAN Exam in Nigeria:

Foundation Level
A1. Quantitative Techniques in Business
A2. Business and Finance
A3. Financial Accounting
A4. Management Information
A5. Business Law

Skills Level:
B1. Financial Reporting
B2. Audit and Assurance
B3. Taxation
B4. Performance Management
B5. Public Sector Accounting and Finance
B6. Management, Governance and Ethics

Professional Level
C1. Corporate Reporting
C2. Advanced Audit and Assurance
C3. Strategic Financial Management
C4. Advanced Taxation
C5. Case Study

Though, you have maximum of ten years to complete this program. But all these can be completed within a year and half which is three diets.

How Long Will It Take You To Write ICAN?

Many students have been consistent in asking this particular question. They want to know how many years it going to take them to complete the professional exam ICAN. You may want to know how many years would it take you to complete ICAN Professional Exam and become a chartered accountant in Nigeria.

It depends on how serious you are about it and how fast you are able to pass the prescribed exams. But the minimum time you can use to complete your ICAN Exam is one year for accounting student. Non Accounting students is one and half year. Here are the list of ICAN center in Ilorin.

Exam is every May and November in a year. The arrangement is that, you will write one stage in one diet. If you are able to pass all, then you can move to the next stage.

The maximum period to write your exam is 10years. If not, ICAN will withdraw the studentship of such student.

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