PROFESSIONAL EXAMINATION EXEMPTION FEES

Levels Rates

1 paper

2 papers

3 papers

4 papers

5 papers

Foundation

26,570.00

33,920.00

31,270.00

48,510.00

Skills

37,490.00

49,250.00

61,110.00

72,870.00

84,740.00

Professional

40,740.00

53,970.00

67,310.00

80,540.00

93,870.00

 

EXEMPTION GUIDELINES AND FEES

Academic Qualification Exemptions Fee N
A Ph.D.(Accounting) with M.Sc. (Accounting) and B.Sc.(Accounting) All subjects in Foundation and Skills Levels 122,800.00
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
82,800.00
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
34,900.00
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
34,900.00
E B.Sc/HND (Accounting) obtained under the
Mutual Co-operation Agreement with Tertiary
Institutions (MCATI)
  • All subjects in Foundation and Skills Levels
122,800.00
F ATSWA (from year 2010)
  • All Subjects in Foundation Level
  • B2. Audit and Assurance
  • B3. Taxation
82,800.00
G ATS II (pre-2010)
  • A1. Business, Management and Finance
  • A2. Financial Accounting
  • A3. Management Information
34,900.00
H B.Sc./HND (Accounting) obtained from
ICAN- accredited institutions in Nigeria.
  • All Subjects in Foundation Level
  • B2. Audit and Assurance
72,800.00
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
34,900.00
J B.Sc./HND (Accounting) obtained from
foreign recognised institutions
  • A1. Business, Management and Finance
  • A2. Financial Accounting
28,700.00
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
34,900.00
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
82,800.00
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
66,600.00
N B.Sc. Economics A1. Business, Management and Finance 22,500.00
O B.Sc. Economics/Statistics
Economics/Computer Science
A1. Business, Management and Finance 22,500.00
P B.Sc. Actuarial Science
  • A1. Business, Management and Finance
  • A4. Business Law
28,700.00
Q B.Sc./HND Insurance
  • A1. Business, Management and Finance
  • A4. Business Law
28,700.00
R B.Sc./HND/B.A Business
Admin/Management/Public Administration
  • A1. Business, Management and Finance
  • A1. Business Law
28,700.00
S B.Sc./HND Banking and Finance
  • A1. Business, Management and Finance
  • A4. Business Law
28,700.00
T B.Sc./HND Marketing
  • A1. Business, Management and Finance
  • A4. Business Law
28,700.00
U MBA/MBF in addition to B.Sc./HND in non- accounting discipline
  • A1. Business, Management and Finance
  • A4. Business Law
28,700.00
V B.Sc. (Ed.) Accounting or B.Ed. Business
Education (Accounting option)
  • A1. Business, Management and Finance
  • A3. Financial Accounting
  • A4. Business Law
34,900.00
W B.Ed. Education Management (Accounting
Option)
  • A1. Business, Management and Finance
  • A2. Financial Accounting
  • A4. Business Law
34,900.00
X B.Ed(Business Education
  • A1. Business, Management and Finance
22,500.00
Y B.Sc./B.A Commerce
  • A1. Business, Management and Finance
  • A4. Business Law
28,700.00
Z B.Sc./HND Cooperative and Rural Development
  • A1. Business, Management and Finance
  • A4. Business Law
28,700.00
AA LL.B/LL.M/LL.D A4. Business Law 22,500.00

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
82,800.00
b Associate Institute of Financial Services, UK
(Formerly Chartered Institute of Bankers,
London)
  • A2. Business, Management and Finance
  • A3. Financial Accounting
28,700.00
c Associate Chartered Institute of Stock
Brokers of Nigeria (ACIS)
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • A5. Business Law
34,900.00
d Associate Institute of Chartered Secretaries
and Administrators (AICSA)
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • A5. Business Law
34,900.00
e Associate Chartered Institute of Insurance of
Nigeria (ACIIN)
  • A2. Business, Management and Finance
  • A5. Business Law
28,700.00
f Associate Chartered Institute of Taxation of
Nigeria (ACITN)
All subjects in Foundation Level except
Management Information (A4.) plus

  • B3 Taxation in Skills
66,600.00
g Certified National Accountant of Nigeria
(CNA)
All subjects in Foundation and Skills Levels 122,800.00
h Nigeria Institute of Management (Chartered)
  • A1. Business, Management and Finance
22,500.00
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
72,800.00
j ICAEW
  • All levels but to write examination of experience
202,250.00
k CIPFA, UK All levels except the following subjects in each
of the level:

  • A5. Business Law
  • C4. Advanced Taxation
184,800.00
l CIMA, UK All levels except

  • C2. Advanced Audit and Assurance
191,000.00
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
174,800.00
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
181,000.00
0 AIA (Final) with effect from 1994
AAT (UK)
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • A4. Management Information
  • B2. Audit and Assurance
66,600.00
p AIA (Pre-1994)
  • A2. Business, Management and Finance
  • A3. Financial Accounting
  • A4. Management Information
34,900.00

Copyright © 2023 PlatinumGold 360 Solutions