The Institute of Chartered Accountants of Nigeria (ICAN) was established by the Act of Parliament No.15 of 1965 to regulate the practice of Accountancy Profession in Nigeria and to set standards to be attained by persons seeking to be members of the profession.
From its modest beginning with 250 members and a history of serving the public interest since 1965, the Institute has become Africa’s largest Professional Accounting Organization representing over 46,000 Chartered Accountants and 23,000 Associate Accounting Technicians who are very talented, ethically committed professionals working in every sphere of the Nigerian economy, combining unrivalled knowledge and skills to support Businesses, Public Sector organizations, Academia, Not-for-Profits, Individuals and Communities to achieve their financial and strategic goals.
The Institute regulates ethical standards for the profession and has a strong mechanism for enforcing its compliance by all members. ICAN develops and assesses the highest quality Qualifying Examinations for Professional Accountants in Africa, and offers specialty credentials through 7 Specialist Faculties for Chartered Accountants who choose to concentrate on specialist accounting profession.
ICAN is a founding and prominent member of the International Federation of Accountants IFAC, the body that regulates the Accountancy profession worldwide.
- VISION: To be a Leading Global Professional Body
- MISSION STATEMENT:To produce World-class Chartered Accountants, regulate and continually enhancetheir ethical standards and technical competence inthe public interest
- MOTTO: Accuracy and Integrity