Q & A

June 25th

Hello Omotolani,

Before I can give  a recommendation, I’d like you to note that it is ineffective to think of ICAN, and ACCA qualifications as being in some sort of competition. ICAN as the (foremost) National accounting body in Nigeria has its place, just has ICAEW, which is the equivalent of ICAN in the UK.

Now, the reason why people (myself included) go for ACCA is because the International Financial Reporting Standards (IFRS) has been largely accommodated in the ACCA syllabus. The reason this is important is because the IFRS has been largely adopted as the applicable set of standards for accounting, and this allows for uniformity around the world.

If you decide to go with ICAN, there are a number of short courses on IFRS you may also take up.

With a degree in Economics, I’m sure you’ll do fine. Good luck with making a decision.

*ICAN – Institute of Chartered Accountants of Nigeria




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