FEES EFFECTIVE 1 JANUARY 2021

FEES EFFECTIVE 1 JANUARY 2021

 

A-  CERTIFICATE IN FINANCIAL ACCOUNTING MK
Initial Registration Fees 20,000
Examination Fees / paper 25,000
Annual Subscription fees 12,000
Re-registration fees 22,000
B-  TECHNICIAN STAGE  
Initial Registration Fees 24,000
Registration Fees: Top-up on subscription from CIFA 12,000
Exemption Fees / paper 30,000
Examination Fees / paper 30,000
Annual Subscription fees 24,000
Re-registration fees 28,000
C-  CHARTERED ACCOUNTANT MALAWI  
Knowledge Level  
Initial Registration Fees 46,000
Registration Fees: Top-up on subscription from Technician level 22,000
Exemption Fees / paper 55,000
Examination Fees / paper 55,000
Annual Subscription fees 46,000
Re-registration fees 60,000
   
Professional Level  
Initial Registration Fees 46,000
Exemption Fees / paper 90,000
Examination Fees / paper 90,000
Annual Subscription fees 46,000
Re-registration fees 60,000
   
Advanced Level  
Initial Registration Fee 46,000
Examination Fee / paper 142,000
Annual Subscription fees 46,000
Re-registration fees 60,000

 

D-   PRACTICING CONVERSION EXAMINATIONS

Conversion examination fee per paper       480,000  
E- MISCELLANEOUS            
ID replacement       7,500  
               
Transcript       18,000  
               
Certifying Statement       10,000  
               
CIFA Study Manual (printed copy)       3,000  
TECHNICIAN Study Manual (printed copy)-   3,000  
KNOWLEDGE Level Study Manual (ICAM printed copy)   3,000  
KNOWLEDGE Level Study Manual (ICAEW printed copy)   24,000  
PROFESSIONAL Level Study Manual (ICAM printed copy)   3,000  
PROFESSIONAL Level Study Manual (ICAEW printed copy)   24,000  
ADVANCED Level Study Manual (ICAEW printed copy)   35,000  
F- MEMBERSHIP FEES            
               
      Subscription   Initial entrance   Total fees payable
      fees (existing   fees (Non-   on initial registration
      members)   refundable)      
               
               
Resident Practising   480,000   55,000   535,000  
Non-Resident Practising   480,000   55,000   535,000  
Resident Non Practising   255,000   55,000   310,000  
Non-Resident Non Practising   255,000   55,000   310,000  
Diplomate   65,000   55,000   120,000  

 

NOTE:

 

Receipt of fees is strictly by direct deposit or electronic transfer into designated ICAM Bank accounts as follows:

 

  1. Strictly for student fees: ICAM Special,

 

National Bank account No. 632481, Victoria Avenue

 

  1. Strictly for membership subscriptions: ICAM Members,

 

National Bank Account No. 2888122, Victoria Avenue