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CPA Coaching or Training in Nigeria Details

CPA Coaching or Training in Nigeria Details

CPA Coaching or Training in Nigeria  :ICPAN

Institute of Certified Public Accountants Of Nigeria

The Institute of Certified Public Accountants of Nigeria with the National headquarters at WUSHISHI HOUSE, NO.AL.10 Wushishi Road by Lagos Street Kaduna, Kaduna State Nigeria; is the only legally Recognized and Authorized Institute of Certified Public Accountants of Nigeria. Registered with the Corporate Affairs Commission. Both houses, the House of Representatives and Senate have passed the bill into law only awaiting the President assent. See the harmonized copies jointly signed by the Senate and the House of Representatives, and also the adoption paper.

CPA Coaching or Training in Nigeria Details

CPA Coaching or Training in Nigeria  : Objectives

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 and an examining body to carter for the shortage of professional accountants in the public and private sectors of the Nigerian economy. 

CPA Coaching or Training in Nigeria Details

CPA Coaching or Training in Nigeria : Membership

There are two main classes of membership of the Institute, namely Certified Public Accountants and Graduate Public Accountants. Persons admitted as members of the Institute shall be designated as Associates and Fellows. Membership is designated by the use of the letters FCPA for fellow and CPA for associate. Graduate public Accountants are not authorized to use any designation whatever. 

CPA Coaching or Training in Nigeria Details

CPA Coaching or Training in Nigeria  : Programme

The Institute runs two different types of Programmes namely:- Diploma and Professional. And they are held twice a year, June and December for the Professional and April and October for the Diploma.
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

CPA Coaching or Training in Nigeria Details

CPA Coaching or Training in Nigeria  :

All CPA candidates must take and pass the Uniform CPA Exam. The State Boards will be able to advise you as to what coursework must be completed in order to sit for the CPA Exam. It is possible that you would be able to complete any additional coursework in the country in which you currently reside. However, you should confirm the eligibility of any coursework with the appropriate State Board.

After passing the CPA exam and meeting any additional education and experience requirements, the State Board of Accountancy will issue a CPA Certificate.

CPA Coaching or Training in Nigeria Details

CPA Coaching or Training in Nigeria  : 

A certified public accountant (CPA) in today’s environment must not only have a high level of technical competence and a sense of commitment to service, but must also have good communications and analytical skills, and the ability to work well with people. Employers are looking for individuals who have the ability to analyze and evaluate complex business problems and the interpersonal skills and maturity to make decisions in a client- and customer-service environment.

To obtain the required body of knowledge and to develop the skills and abilities needed to be successful CPAs, students should complete 150 semester hours of education. Many states/jurisdictions now require or will require 150 semester hours of education for obtaining the CPA license. Colleges and universities in these states/jurisdictions determine the curriculum for pre-licensure education of CPAs; it typically features a good balance of accounting, business, and general education.

CPA Coaching or Training in Nigeria Details

CPA Coaching or Training in Nigeria  : 

There are a number of reasons why a traditional four-year undergraduate program is no longer adequate for obtaining the requisite knowledge and skills to become a CPA:

  • Significant increases in official accounting and auditing pronouncements and the proliferation of new tax laws have expanded the knowledge base that professional practice in accounting requires.
  • Business methods have become increasingly complex. The proliferation of regulations from federal, state, and local governments requires well-educated individuals to ensure compliance. Also, improvements in technology have had a major effect on information systems design, internal control procedures, and auditing methods.
  • The staffing needs of accounting firms and other employers of CPAs are changing rapidly. With more sophisticated approaches to auditing now in use, and with the increase in business demands for a variety of highly technical accounting services and greater audit efficiency, the requirements for effective professional practice have increased sharply. The demand for a large quantity of people to perform many routine auditing tasks is rapidly diminishing.

CPA Coaching or Training in Nigeria Details

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