The Institute of Chartered Accountants of Nigeria (ICAN) will, from the year 2020 conduct its professional examinations three times in a year. This is the outcome of the technological reforms introduced into the Institute’s examination processes.
The new examination diet will hold in March, July and November yearly instead of the usual May and November for the Skills and Professional levels. The Foundation level will continue to be examined Twice yearly, in July and November.
A huge investment in technology by the Institute paved the way for the additional diet and gave rise to a drastic reduction in examination processing time. The introduction of an extra diet will give candidates more opportunities to participate in the Institute’s examination especially those who need to retake any paper in the Skills and Professional levels.
The Institute is poised to continue to provide the nation with the needed manpower especially finance professionals to move the economy to laudable heights.
The conduct of professional examinations is one of the Institute’s ways of discharging its core mandate to regulate the practice of the Accountancy profession in Nigeria since 1965.