ICAN Professional Case Study study guide
ICAN Professional Case Study · Work through your exam, one topic at a time.
The ICAN Professional Case Study is the capstone-style written paper of the Institute of Chartered Accountants of Nigeria's professional examination pathway. Rather than testing isolated syllabus topics, it presents a realistic business scenario and asks you to respond as a senior finance professional would: analysing the situation, applying technical standards, and recommending a course of action in clear, structured prose. The ICAN Professional Case Study study guide has 7 sections and about 2,054 words.
01Financial Reporting and Assurance
Financial Reporting and Assurance in the ICAN Professional Case Study asks you to convert case facts into IFRS-compliant numbers, then judge audit risk, materiality and evidence. You may need adjusting journals, disclosure notes, or a memo on an accounting policy.
353 words, about 2 min02Corporate Finance and Treasury Management
Corporate Finance and Treasury Management tests capital budgeting, cost of capital, financing choice, working capital and FX/interest-rate risk. Case questions often ask whether to accept a project or how to fund a shortfall.
286 words, about 1 min03Taxation and Fiscal Planning
Taxation and Fiscal Planning requires you to compute tax liabilities, identify planning opportunities and explain compliance risk. The case may mix companies income tax, capital allowances, VAT, withholding tax and incentives.
294 words, about 1 min04Strategy, Governance and Risk Management
Strategy, Governance and Risk Management tests whether you can evaluate strategic fit, design board oversight and quantify risk. Case questions often ask for a recommendation to the board or a risk register.
283 words, about 1 min05Business Ethics, Professionalism and Regulatory Compliance
Business Ethics, Professionalism and Regulatory Compliance tests the ICAN Code, independence, confidentiality, NOCLAR and Nigerian regulatory duties. Case questions often place you under pressure from a client or employer.
287 words, about 1 min06Integrated Analysis
Integrated Analysis tests your ability to combine financial statements, tax, cash flow and non-financial data into a diagnosis. The case may ask you to explain a deteriorating position or recommend corrective action.
285 words, about 1 min07Communication and Decision Support
Communication and Decision Support tests whether you can turn analysis into a clear board decision. Marks come from structure, relevance, precision and a defensible recommendation.
266 words, about 1 min