ICAN PE Membership Process and Requirements

Welcome to my latest blog post, where we'll be discussing the process and requirements for becoming a member of the Institute of Chartered Accountants of Nigeria (ICAN) through the Professional Examinations (PE) route. If you're an aspiring accountant or finance professional in Nigeria, this post is for you!

Becoming a member of ICAN through the PE route is a significant achievement that requires dedication and hard work. It's a rigorous process that involves passing a series of professional exams, acquiring practical experience, completing professional skills training, and meeting other requirements.

In this post, we'll take a closer look at the various steps involved in the ICAN PE membership process, from the minimum educational qualifications required to the practical experience and character reference you'll need to provide. We'll also discuss the exam format and provide tips on how to prepare and pass the exams.

Whether you're just starting your accounting journey or you're a seasoned professional looking to take the next step in your career, this post will provide you with the information you need to know about the ICAN PE membership process and requirements. So, let's get started!

ICAN Professional Examinations (PE) Requirements

To become a member of the Institute of Chartered Accountants of Nigeria (ICAN) through the Professional Examinations (PE) route, you must meet the following requirements:

1. Minimum Educational Qualification: You must possess a Bachelor's degree or Higher National Diploma (HND) in Accounting, Economics, or other related fields from a recognized institution.
2. ICAN Foundation Level: You must have passed the ICAN Foundation Level Examination or be exempted from it.
3. Practical Experience: You must have acquired a minimum of three years of relevant practical experience in an approved organization.
4. Professional Skills Training: You must have completed the ICAN Professional Skills Training program.
5. Character Reference: You must provide a character reference from a current ICAN member or a senior member of the management of your organization.
6. Payment of Fees: You must have paid all prescribed fees and levies.
7. Professional Examinations: You must pass the ICAN Professional Examinations (PE) in the following order:

1. PE 1: Accounting, Business Law, and Ethics
2. PE 2: Cost Accounting and Financial Management
3. PE 3: Taxation and Fiscal Policy Management
4. PE 4: Audit and Assurance

Once you have met all the requirements above, you can apply to become a member of ICAN through the Professional Examinations route.

Steps to Apply For ICAN Professional Examinations (PE) Membership

To become a member of ICAN and obtain the Professional Examinations (PE) Membership, you need to follow these steps:

1. Meet the requirements: To be eligible to apply for ICAN PE Membership, you must have obtained a bachelor's degree from a recognized university, completed the ICAN Professional Examinations, and have at least three years of relevant work experience.
2. Register with ICAN: If you are not already registered with ICAN, you need to register as a student member by visiting their website, filling the registration form, and paying the required fees.
3. Attend ICAN-approved tuition centers: Enroll in an ICAN-approved tuition center or study on your own, but you must have studied the ICAN-approved syllabus for each level of the Professional Examinations.
4. Pass the Professional Examinations: You must pass all the ICAN Professional Examinations at each level before you can be eligible for the PE Membership.
5. Apply for membership: After passing the ICAN Professional Examinations, you can apply for the PE Membership by visiting the ICAN website, filling the membership application form, and paying the required fees.
6. Attend the induction ceremony: Once your application is approved, you will be invited to attend the ICAN induction ceremony where you will be officially welcomed into the organization and presented with your membership certificate.

In summary, to apply for ICAN Professional Examinations (PE) Membership, you need to meet the requirements, register with ICAN, attend ICAN-approved tuition centers, pass the Professional Examinations, apply for membership, and attend the induction ceremony.

NEED a guide, update, or answer on something? You can spend just #500 to get professional answers and guides. Click here to request Mr. Techie's INSTANT REPLY 

HELP SOMEONE:  People would appreciate it if you could just share this post with them on Facebook, Twitter, WhatsApp, etc. Use the share icons below for your convenience.

Best Related Posts

1. ICAN: Answers to Students’ Questions on Institute of Chartered Accountant of Nigeria
2. National Institute of Marketing of Nigeria (NIMN) General Requirements, Guidelines, and Syllabus
3. NIMN: Answers to Students' Questions on National Institute of Marketing of Nigeria
4. NIM: Answers to the Questions Prospective Students and Members Are Asking
5. Top up Degree in Nigeria and Abroad: All About One Year Course to Convert HND to Bsc