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IBM Edition test syllabus

ICAN Unveils New Examination Syllabus, Seals deal with Tertiary associations | 000-139 PDF Questions and Test Prep

The Institute of Chartered Accountants of Nigeria (ICAN) has launched a brand new syllabus for its skilled examination. the new syllabus which takes effect from March 2021 changed into developed according to the, “institute’s get to the bottom of to continue to supply future-able Chartered Accountants with abilities and competences favored by way of the market.”

ICAN disclosed this in a press release received at the weekend.

The ICAN President, Onome pleasure Adewuyi, who unveiled the new curriculum observed the revised syllabus captured subjects on emerging applied sciences that are disrupting the accounting profession, such as block chain technology, artificial intelligence, laptop studying and information superhighway of issues, amongst others.

She explained extra that new traits within the Nigerian environment such as the Finance Act 2020 which brought new tendencies in the nation’s tax equipment and the new groups and Allied concerns Act (CAMA 2020) additionally presented added impetus for the evaluate.

in accordance with her, “a Chartered Accountant value its salt isn't just an authority in the technical factor of the career however should still be furnished with gentle skills including beneficial communique, integrity, accuracy and good skilled judgment.”

She brought that the current syllabus became reviewed in 2018 but the swiftly altering atmosphere necessitated a revisit of the popularity quo from the 5-12 months coverage of the syllabus overview to a extra typical one which proactively responds to the demands of the market.

The evaluate additionally necessitated the restructuring of a considerable number of stages of the institute’s examinations to replicate the brand new alterations within the syllabus and equally expanded the contents of the a number of syllabus in opposition t the backdrop of the brand new standard.

“whereas keeping the 15 subjects, there are now 4 syllabus at the groundwork degree as in opposition t the previous five, six at potential as in opposition t 5 and retained the five subjects at the skilled level.

in the meantime the Institute has signed the Mutual Cooperation settlement (MCATI) with two tertiary institutions to deepen the standards of researching and dissemination of Accounting skills in Nigeria. The institutions are: Adeleke university Ede, Osun State and the Federal college, Nekede, Owerri, Imo State, accordingly bringing the variety of associations beneath the scheme to 23. all the 23 institutions are obligated to include the necessities of the brand new syllabus of their curriculum.

The settlement supposed that accounting college students in the two associations, and the 21 before them, would study using the built-in accounting curriculum of ICAN, country wide Universities fee (NUC) and countrywide Board for Technical training (NBTE).

Accounting graduates from the associations can be granted 10 subject exemptions in its place of seven subjects below the average ICAN accreditation scheme.

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