Babcock, Covenant Univeristy Accounting Graduates To Write Only 5 Papers In ICAN

Babcock, Covenant Univeristy Accounting Graduates To Write Only 5 Papers In ICAN
The Institute of Chartered Accountants of Nigeria (ICAN) has taken another step towards awarding more subject-exemptions to graduates of deserving accredited institutions.
It has has planned to make this come true through the establishment of a new programme, MCATI otherwise known as the Mutual Cooperation Agreement with Tertiary Institutions.
With this, out of the fifteen subjects students in the graduate stages of its professional examinations sit on, they would be sitting for only five, it the final level of the institution's examinations.

This would also imply that the subjects would be thoroughly taught by the accredited institutions, and the graduates have to abide by the agreements.
The subjects according to the new (2019) syllabus are as follows:

Foundation Level

1. Taxation
2. Business, Management and Finance
3. Financial Accounting
4. Management Information Systems
5. Business Law 

Skills Level

1. Financial Reporting
2. Audit and Assurance
3. Corporate Strategic Management & Ethics
4. Performance Management
5. Public Sector Accounting and Finance

Professional Level (Final Stage)

1. Corporate Reporting
2. Advanced Audit and Assurance
3. Strategic Financial Management
4. Advanced Taxation
5. Case Study

As of May 2019, the following institutions have been enrolled in the MCATI with ICAN, according to information made available on their official website.
1. Babcock University, Ilishan, Ogun State
2. Caleb University, Imota , Lagos
3. Convenant University, Ota, Ogun State
4. Elizade University, Ilara-Mokin
5. Federal University, Wukari
6. Joseph Ayo Babalola University, Ikeji-Arakeji,Osun State
7. Northwest University, Kano
8. Osun State University, Okuku
9. PAN Atlantic University, Lagos
10. University of Benin, Benin –City, Edo State
11. Abia State Polytechnic, Aba
12. Police Academy, Kano

Well, I think this is an amazing development.What about you? Kindly drop us your comment and share to your friends.
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