Section 3: Membership and qualifications

(1) Subject to the provisions of this Act, a person who shall be admitted into the membership of the Institute shall be any –
(a) qualified accountant practicing within or outside Nigeria who has shown sufficient evidence of his involvement and interest in forensic accounting or fraud prevention;
(b) expert involved in forensic practice and fraud investigation with a recognised institution before the commencement of this Act;
(c) person who has not been convicted of any crime within or outside Nigeria;
(d) person who, subject to this subsection, passes the qualifying examination for membership conducted by the Council under this Act and completes the practical training prescribed.
(2) There shall be four categories of membership (or such number of categories as may be determined by the Council) into which a member may be registered –
(a) Associates, if -
(i) the person possesses a minimum qualification of B.Sc. or HND in relevant areas from recognised institutions;
(ii) the person holds a degree, professional qualification, is involved in forensic matters and in the criminal justice system, or
(iii) his application for admission into the Institute has been considered and approved by the Membership Committee, subject to ratification by the Council of the Institute;
(b) Member, if the person –
(i) is an Associate of the Institute, or
(ii) has passed an examination of the Institute;
(c) Fellow, if the person –
(i) has been a member of the Institute for 10 years and above,
(ii) is a foundation member of the Council irrespective of the number of years the person has spent in the Institute, or
(iii) is a deserving member on whom the Council considers to confer the award of Fellowship; and
(d) Honorary Fellowship, if the Council approves the conferment on the recommendation of the Membership Committee, based on the contribution of the nominee to the practice of forensic accounting and fraud examination.
(3) A qualified person shall be entitled to have –
(a) in the case of an Associate, "ACCrFA" or "ACCFI” shall be attached to his name depending on areas of specialisation;
(b) in the case of a Member, "CCrFA" or "CCFI" shall be attached to his name depending on arears of specialisation; and
(c) in the case of Fellow, "FCCrFA" or "FCCFI" shall be attached to his name depending on arears of specialisation.
(4) There may be any other category of qualification and membership as the Council of the Institute may designate in the future.