ICAN accredits tertiary institutions, tuition centres
The Institute of Chartered Accountants of Nigeria (ICAN) has awarded accreditation/certificate’s of recognition to tertiary institutions and Tuition Centres that have performed excellently across the country.
Speaking at the award ceremony, held in Yaba, Lagos, ICAN’s President, Ismaila Zakari, who said the institute was established in 1965 to set standards of accounting programmes, explained that it carries out accreditation programmes, by visiting universities and polytechnics to review the standards and quality of accounting programmes.
He said: “When students come to us to qualify as Chartered Accountants, we review the number of exams they will sit for in ICAN qualifying examinations. We have professional accounting syllabus that is up to 16 different subject examinations broken into three levels. We have foundation level, skill level and professional level.
“When the students graduated from the accredited institutions and want to write ICAN exams, they will be given exemption of seven exams from ICAN’s 16 examinations.”
He stated that the accreditation lasts for four years, after which the institute would visit the institutions again to assess the standard of their programmes, adding that if they have maintained ICAN standard, the body would accredit them again, but if not, they would be advised to improve.