ICAN New Syllabus 2022- Checkout the Easiest Way to Get it : Current School News

ICAN New Syllabus 2022- Checkout the Easiest Way to Get it

Filed in Education, Exam by on November 17, 2021

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– ICAN New Syllabus 2022 –

They have released the new ICAN syllabus 2022. If you’re considering taking the ICAN examinations, there’s some good news for you. As a result, if you want to write or join ICAN, look into it. This post will walk you through obtaining the new ICAN curriculum.

ICAN New Syllabus 2021

Also, some contents of the syllabus will be discussed. So scroll down and take your time to digest the available information.

About ICAN

The Association of Accountants in Nigeria (AAN) was formed in 1960 with the goal of training accountants.

 Chief Akintola Williams playing a leading role in establishing the organisation. ICAN was created by an Act of Parliament No. 15 of 1 September 1965 from existing accounting and auditing organisations including the AAN.

 At the time of the foundation, ICAN had 250 members.

ICAN has the mission statement: “To Produce World-Class Chartered Accountants, Regulate and Continuously Enhance Their Ethical Standards and Technical Competence in the Public Interest”.

It has headquarters in Lagos. As of 2021, ICAN had over 50,000 members. In August 2004 the ICAN began providing training on Information Technology for its members.

In May 2011 Major General Sebastian Achulike Owuama (retired), the 46th President of ICAN and the 16th President of the Association of Accountancy Bodies in West Africa was elected President of the newly created Pan-African Federation of Accountants (PAFA), or Fédération Panafricaine des Experts-Comptables (FEPEC).

He was elected during the inaugural meeting of PAFA in DakarSenegal.

 The International Federation of Accountants described the creation of PAFA, which includes professional accountancy organisations from 35 countries, as a “historical event for the accountancy profession and the African continent”.

ICAN New Syllabus 2022 and the Easiest Way to Get it

The syllabus for the ICAN examinations can be gotten from the ICAN website. This is where you can also find other information such as its requirements, examination dates, members, newsletters, press releases, and more.

However, follow these steps to view/download ICAN’s new syllabus:

1. With an internet-enabled computer or phone open ICAN’s Website on http://www.icanig.org/ican/index.php.

2. Also, in n the Students Section click on “ICAN Professional Examination Syllabus” as shown in the image below circled in red. It would open the ICAN Syllabus in PDF format.

3. If you wish to download ICAN’s New Syllabus then right-click on the link as shown in the image above circled in red and click on “Save Link AS”.

4. Also, click on SAVE. And locate the path it was downloaded to on your computer.

For Easy Download:

You can quickly and easily download the ICAN 2021 Syllabus pdf file here without hassle. Thank us later!

Some Basic Contents of the ICAN New Syllabus 2022

Below are some basic contents you will find in the syllabus:

1. The Chartered Accountancy Qualification

The chartered accountancy qualification (the ACA) of the Institute of Chartered Accountants of Nigeria (ICAN), with its integrated components, is one of the advanced professional accountancy qualifications globally.

Also, its components are taken together, develop technical knowledge, professional competence, and practical experience which modern accountants need to function in the business environment.

Additionally, these components, which are complimentary, enable the accountant to apply theory to practice in everyday work.

2. Professional Development

Through professional development, students develop competencies and abilities in key performance areas of technical competence, teamwork, problem-solving, and communication.

This aids their decision-making ability employing ethics and professionalism and enabling them to add value in the workplace.

3. Ethics and professionalism

Ethics and professional skepticism are core to ICANACA qualification. And this has been incorporated into each of the 15 subjects of the professional examination including practical work experience.

Also, the focus is on students’ ethical awareness, consciousness, and ability to identify, understand implications of ethical dilemmas and make decisions.

4. Practical Work Experience

The ICAN – ACA practical work experience may be prior or current. However, the prior experience to be approved by ICAN shall be a maximum of 12 months.

This is provided the intending professional student has had at least 24 months of acceptable practical work experience.

However, for individuals, who are currently professional students of ICAN, practical work experience is gained as part of a training agreement with one of ICAN authorized training employers.

The professional student needs to complete at least 36 months of practical work experience. Students complete such experiences in at least one of the following key areas:

1. Private and public sector accounting.

2. Also, private and public financial management.

3. Audit, assurance, and forensics.

4. Also, taxation.

5. Receivership and insolvency.

6. Information.

5. The Professional Examination

The professional examination comprises fifteen subjects with ethics embedded in each subject.

Also, this syllabus has ensured that, on completion, the newly qualified ICAN – ACA would have developed the technical

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Set of the Requirements for ICAN – ACA Qualification in the Syllabus

The requirements for ICAN – ACA qualification are set out in this syllabus as learning outcomes and competencies. They group the fifteen subjects into three levels: Foundation; Skills; and Professional.

The contents of the Foundation level subjects provide for simple learning outcomes that form the building blocks for the higher-level subjects. The Skills level builds on the foundation knowledge.

Pros of the ICAN New Syllabus 2022

Also, it takes students to a higher-level knowledge, developing further, their skills and competencies. The Professional level, comprising five subjects takes candidates to the level where they have to make professional judgments and evaluations.

The above is how to get the ICAN new syllabus 2021. Also, some contents have been discussed.

The syllabus draws input from and complies with the International Education Standards and Guidelines issued by International Accounting Education Standards Board (IAESB).

What ICAN is all about

ICAN is the acronym for The Institute of Chartered Accountants of Nigeria. Also, it is a professional accounting body in Nigeria. And its motto is “Accuracy and Integrity”.

Furthermore, it was established in 1965 to determine what standards of knowledge and skill are to be attained by persons seeking to become members of the accountancy profession and to raise those standards from time to time.

The Institute of Chartered Accountants of Nigeria is a founding member of the International Federation of Accountants (IFAC).

I hope this article helped you with what you needed to know? Yea, I know it did. You are free to share it with others.

CSN Team.

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