How to Prepare for ICAN Examinations 2020 See Complete Guide

Filed in Articles by on October 9, 2020

How to Prepare for ICAN Examinations 2020 See Complete Guide.

How to Prepare for ICAN Examination: In this article, I am going to attempt as much as possible to put you through on how you can pass ICAN exams on your first sitting.

This article also applies to other professional exams like ACCA, ICAEW, and so on. The Accounting Technicians Scheme (ATS) is an activity of the Association of Accounting Technicians.

The various tags that are identified with this idea incorporate ATS, AAT, ABWA, ATSWA, and so forth.; and if since you are on this page, I believe I can assume that you must have heard at any rate one of those terms.

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The Accounting Technicians Scheme West Africa comprises a series of exams that are composed across West Africa. It is not just a Nigerian thing, so be rest assured that it is all around recognized. Getting an AAT certificate gives you the leeway to compose ICAN exams even without a BSc or HND.

You will be absolved from composing an assortment of courses because you must have passed similar courses during your ATS progress.

This also applies when you’ve already had your BSc certificate. You get some exemptions because you must have passed through those courses during your ordinary school academic sessions.

This is the reason ICAN accredits schools before they permit their BSc graduates to compose the ICAN exams. Once ICAN accredits your school, it means that ICAN is certain that your school is showing the correct courses, the correct way, under helpful conditions.

If ICAN has not accredited your school, then you need to experience ATS or through the basic level of ICAN exams, and you will get almost no exemptions.

Even if your school has before now been accredited, companies these days like chartered accountants who passed through the ATS rudiments.

You should start giving your hands a shot ATS exams once you get into school (100level) because you will have sufficient time on your hands to run the two programs at the same time. The prior the better, especially if your school is not yet accredited.

I will assume that at this point you already know the advantages and privileges you get, being a Chartered accountant. There are such huge numbers of BSc holders, however not all that many Chartered accountants.

Being chartered gives you an edge. It is also worth advising that you don’t need to be a student of bookkeeping to compose ICAN exams. Even science students can give their hands a shot the exams.

Numerous individuals say the ICAN test is difficult, or that the test can’t be passed in one sitting especially if you are on a 9 to 5 work. However, I say, it is possible if you observe the accompanying tips to Pass the ICAN Exam.

1. Start Your Preparation for the Exams Early

Most recently registered ICAN members always wrongly leave the test preliminary period till the last minute.

Regardless of how splendid you are, not starting your readiness early is a formula for disappointment. Reality is, all ICAN exams include tons of materials to be read before you are completely ready.

If you start late, you are in threat of not studying a major lump of your notes or study pack.

Other aspects of planning early include:

  • Getting your study materials/study pack on schedule
  • Having significant prescribed textbooks on schedule
  • Getting past questions papers

If you registered at an ICAN focus, you don’t need to trust that lectures will start before you start studying secretly. It is great to acclimate yourself with the courses before genuine lectures start.

That way, it becomes easy to understand what you are been educated.

Never assume that you realize enough to start your readiness early.

2. Focus and Continue Ahead With It

If you have already invested recorded as a hard copy of the exams and had paid the required fees, then you have to keep away from all distractions and just focus.

It is entirely expected to hear candidates gripe about how wide the syllabus is. They enable that to discourage them. That is simply searching for excuses.

Another basic objection is the presence of too many math’s-connected topics like statistics. If you need to be a world-class accountant, there is no fleeing from topics like that.

Acknowledge the reality of some topics as your cross. Strengthen your shoulders as best as you can and worry about your concern to the finish line.

If you start early and focus on the target, things like the size of the syllabus and absence of time would not mean much over the long haul.

3. Read 99 percent of the Study Pack

In other words, read everything. This also boils down to why you must start your planning early and keep away from any distractions.

Understandably, some aspects of the study pack may be difficult to grasp. Some can be confusing even if you have the benefits of tutors.

Read them no differently. Never skip any part of the Study Pack out of defeat.

By putting your brain to studying even these difficult parts, some things would stick in your mind. A decent stunt is to start with what you consider the simpler sections.

And if you are not very great with calculations, you can leave studying them to the last. In all actuality, if you start with the difficult parts, you may get stalled studying one thing thereby wasting a lot of time.

The threat is, when you finish the difficult sections, you might be excessively rationally exhausted to even study the simpler and easy-to-understand parts.

By and by, ensure you read everything in the study pack and start with the easier sections.

4. Past Questions must be studied altogether

If you need to pass ICAN exams at your first sitting, you must study the past questions. This is also significant and it must be fused as a significant aspect of your study period.

Studies have shown that over 70 percent of students who studied past questions passed ICAN exams at the first sitting.

Studying the past questions will help you in the following ways:

  • You would have the option to understand the structure of the exams questions and how to approach answering them.

Past questions would reveal the different types of questions included and how much time is necessary to spend on each question.

  • One of the significant things in studying past questions are the answers given to each question. These are answers from individuals who recognize the stuff to pass ICAN exams.

From the answers, you would have a really smart thought of what examiners anticipate from students as far as answering the questions are concerned.

  • You can time yourself: in ICAN exams, timing is significant. If you use more than the allocated time on some sections, you are likely going to be left with a heap of unanswered questions.

Perhaps the best way to pass your ICAN exams is to stick to time. Your past questions can enable you to work on timing. Answer the questions with a clock.

That way, the exercise becomes a training kept running for the genuine article as far as timing is concerned.

  • Studying past questions would give you a smart thought of the sort of questions to anticipate.

Cautious study of the example the exams are set would reveal the reasonable questions to come. This way, you would recognize what part of the syllabus to commit more opportunities while studying.

These are just some of the profits of studying past questions. So, ensure you do not disregard this part of your journey to an ICAN-certified accountant.

5. Get enough sleep on the eve of the test

If you start your planning early enough, getting enough sleep on the eve of the test shouldn’t be an issue.

Numerous students wrongly stay late around evening time (or getting up promptly toward the beginning of the day following a couple of hours’ sleep) to do some last-minute studying. That is off-base.

On the Eve of the test, what you should do is a light revision.

With enough sleep, you would arrive at the test lobby fresh with your mind working ideally. The experts would disclose to you one of the top reasons for disappointment is not sleeping enough!

Don’t go to the test lobby feeling languid and inclined to forgetfulness. That is the thing that lacking sleep would do to you.

6. Be quiet

If you sense frenzy going ahead exams day, take the necessary steps to quiet down. Frenzy and nervousness would simply cause you to overlook everything you studied.

One approach to be quiet during the test appropriate is to ensure you arrive at the exams setting early and become acclimated to the environment. You can implore or contemplate preceding the test to ease your clanking nerves.

7. Start With Multiple-choice Questions.

The thing about multiple-choice questions is that they are commonly easy to answer. Apart from that, starting without hardly lifting a finger you into the test groove.

Also, multiple-choice questions would offer you tips on the most proficient method to respond to the more extended theoretically questions. They would refresh your psyche on some of the things you read while studying.

However, never waste an excess of time here. Time yourself and proceed onward as fast as possible to the other sections that convey higher marks.

8. Answer All the Questions.

Attempt as much as possible to answer every one of the questions you are asked to. Ordinarily, you are required to answer a specific number of questions for each section from the theory part of the assessment.

Endeavor the number of questions you are asked to definitely. Even if you don’t have a clue about the answer, attempt, and compose something reasonable.

There won’t be deductions for awful answers. So, you don’t have anything to lose

Numerous experts would disclose to you that a decent score in multiple-choice questions; great score in the short answer section; and great score in two theory questions would be sufficient to pass your ICAN exams.

Be that as it may, if you read and arranged enough, there is no reason not to answer everything as per the instructions. Even with the extremely intense questions, you should realize enough to write something.

CSN Team.

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