There are two main classes of Membership of the institute namely:

Incorporated Company Accountants and Registered Students.

A person shall be admitted as incorporated Company Accountant if :
i He/She passes the Professional Qualifying Examination conducted by the Council of the Institute.

ii He/She hold a qualification granted in Nigeria and for the time being accepted by the council of the Institute.
A person is entitled to register as a Student Member if he satisfied the Council that:
(a) He/She is not less than 16 years of age.
(b) He/She possesses the basic educational qualifications and
(c) He/She is a fit and proper person to be so registered.

DESIGNATORY LETTERS

Every member of the Institute is entitled to use the following designatory letters after his/her name:
1. In the case case of follow, the letter FCCA(Representing the word “ Fellow of the Institute of Company and Commercial Accountants”).

2.In the case of an associate, the letters ACCA (representing the word “Associate of the Institute of Company and Commercial Accountancy “)

3. In the case of registered Students the letters “RS” (representing the words “Registered Students).

PRIVILEGES OF MEMBERSHIP

A members is entitled to:
>>Receive a Membership Certificates under the seal of the Institute.
>> Use the description “Incorporated Certified Company Accountants
>> Use the designatory letter “FCCA or ACCA” as appropriate.
>> Received the “ The Company Accountant”; the quaterly journal of the Institute.
>> Receive circulars sent out from time to time
>> Employment Registered
>> District Society (Local)
>> Information to our members
>> Attend meeting of the Local District Society
>> Receive notification of functions arranged by the Intitute.
>> Utilize the services of the employment register.
>> Obtain advice on practical problems arising from his/her working environment.

DISTRICT SOCIETIES MEETING

One very important purpose of the District Society Meeting is to provide top quality lecture so that members and Students can be technically up to date.

Another important purpose is to provide opportunity for the member to know and meet local colleagues.

PUBLICATIONS
The institute will publish the following for the benefits of Members, Students and the general public.

(a) “The Membership Year Book” containing list of members and other general information about the Institute.
(b) “ The Company Accountancy “ the official journal of the Institute containing authoritative articles on Company Accountancy Practice and related subjects.

Fees: Application for membership
Application forms for registration may be obtained from the Institute.
Current Fees:
Membership Form N3,000
Student membership Form N2,500

Current Annual Subscription:
Current Fees
Student N1,500
Associate N3,000
Fellow N3,500

Development Levy:
Student N3,000
Associate N5,000
Fellow N10,000

All payments must be in Bank Draft/Bank/Cheques. Annual Subscription is due from 1st January of each year.

Click here to download Membership Application Form. For easy download, it has been separated into 3 pages. Page 1, Page 2, and Page 3.

Admission Fees:

Current Fees:
Associates N32,500
Fellows N42,500

Eligibility
Condidature is open to those employed in the Accountancy Financial Institution and those interested in the accountancy profession.

Every applicant will be required to produce satisfactory evidence of his age, qualifications together with certified two size photographs.