The Institute's professional full examinations are normally held twice a year in June and December in designated centers in Nigeria.


The ICPAN Diploma Scheme's examinations are held twice in a Calendar year, April and October

 June Examination    April Examination
 Examination Application Closing Date April    Examination Application Closing Date March
 December Examination    October Examination
Examination Application Closing Date October   Examination Application Closing Date September

Any application for examination entry received after the closing date will be retained and entered in the next examination. Confirmation of examination entry is by the examination summons including the examination time table, which is sent out one month before the examination. The Institute's full examinations comprises of four levels, namely: Professional Examination Level 1 - 4



 Objective Of ICPAN Certified Diploma In Accounting & Finance ICPAN certified Diploma scheme is designed to meet the yearnings of the candidates who are aspiring to become members of the Institute of Certified Public Accountants of Nigeria who are unable to possess the required qualification to pursue the professional level of the Institute's examinations. This scheme leads to award of certified Diploma in Accounting and Finance (C.Dip.AF)

Use of Calculators Etc In Examination Hall



Candidates may use quiet and battery operated pocket calculators, slide rules, pencil (s), erasers and pen (s). Bringing of Bags into the examination hall is strictly prohibited.


 To register for the scheme, candidate are eligible to possess: (a. West African School Certificate (WASC) or equivalent in at least 5 papers including English Language and Mathematics, or Accounting on credit level (b. R.S.A or equivalents (c. Ordinary National Diploma In Accountancy.

 Exemptions    Exemptions

 Registered students whose qualifications merit exemptions will be encouraged to apply for these exemptions on a separate and prescribed form and will be required to pay a prescribed fee as may be determined from time to time by the Board of Regent/Council. Exemption is only for level one.


 Ordinary National Diploma/Certificate. Holders of approved Ordinary National Diploma (OND) awarded by any recognized Nigerian Polytechnic or College of Technology, or Diploma awarded by any of Nigeria Universities will be granted exemption from parts 1 and 11. No exemption shall be granted in part 111

 Procedure    Application Forms

 The Exemption form should be completed in full and returned to the institute with the following: (1.The appropriate fee (2. Certified photo copies of the following by the sponsor who must be a member of the Institute (2a. Relevant educational credentials (2b. Letter of registration with a professional accountancy body if applicable (2c. Statement of the last examination result. (3. Supporting evidence of practical experience if applicable (4. Letter of recommendation from the sponsor.


 Candidates whishing to present themselves for examination must complete the ICPAN Diploma Scheme's official examination form and return to the Institute together with the appropriate fee not later than March for April examinations and September... for October examinations. No late form will be accepted. Any candidate who after payment of the examination fee, withdraws his/her name or fail to present himself/herself for the examination, shall not be refunded with any part of the fee paid. However, council in its absolute discretion may transfer the fee to the next examination, if in it's opinion the circumstances warrant the course of such permit

Course Outline
 Level One  Part One
 Paper 1 Financial Accounting 1  1. Principles of Accounting
 Paper 2 Economics  2. Economics
 Paper 3 Law 1    3. Business Mathematics & Statistics
 Paper 4 Business Mathematics and Statistics  4. Introduction to Business Management
 Paper 5 Public Administration  5. Law 1
 Paper 6 Management of Organizations  

 Level Two

 Part Two
 Paper 7 Petroleum and Mineral Accounting  1. General Studies
 Paper 8 Cost Accounting  2. Public Accounting
 Paper 9 Auditing  3. Principles of Taxation
 Paper 10 Data Processing and System Analysis  4. Public Administration
 Paper 11 Taxation  5. Auditing 1
 Paper 12 Public Finance  6. Introduction to Computer and MIS (Data Processing)

 Level Three

 Part Three
 Paper 13 Financial Accounting 11  1. Costing
 Paper 14 Law 2  2. Business Law
 Paper 15 Management Accounting  3. Public Accounting 11
 Paper 16 Management Information System  4. Taxation and Tax Management
 Paper 17 Public Sector Accounting  5. Auditing Practice
 Paper 18 Quantitative Analysis  6. Research Methods/Project

 Level Four

 Paper 19 Advance Financial Accounting  Examination Fee
 Paper 20 Taxation and Tax Management  Examination fee shall be determined by the Council from
 Paper 21Auditing and Investigation time to time.
 Paper 22 Financial Management  
 Paper 23 Petroleum Management  
 Paper 24 Managerial Economics  
The Institute of Certified Public Accountants of Nigeria was established on 1st May 1988 and incorporated on the 6h May 1996 to provide a part to a recognized professional qualification in accountancy of international standard which would be open to all men and women solely on the basis of education and ability. The Institute is a professional association of Nigerian citizens....

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