Become a Certified Public Accountant CPA S T E P S T O G E T A H E A D I N Y O U R C A R E E R Admission s Open Now Institute of Certified Public Accountants of Pakistan INTERNATIONALLY RECOGNIZED PROFESSIONAL QUALIFICATION OF CERTIFIED PUBLIC ACCOUNTANT ASSOCIATE & FELLOW (CPA) www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) Institute of Certified Public Accountants of Pakistan (ICPAP) Sr. No. Particulars Page No. 1 International Partners 3 2 Vision 4 3 Mission 4 4 What is a Certified Public Accountant 5 5 What does a CPA do? 5 6 Accountants of Pakistan (ICPAP) 6 7 Objects of the Institute 6 8 Roll of CPA in Pakistan 7 9 Examination 9 10 Syllabus 10 11 Fee Structure 11 12 Contact us 12 www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) The Following are the international institutions who recognizes ICPAP’s qualification SR. COURSE 1 ACPA Ireland 2 ACPA UK 3 CPFA Institute of Certified Forensic Accountants, Delaware, USA. 4 CFC Institute of Financial Consultants, Canada. 5 CIAT Association of Accounting Technicians, Canada. 6 ACCEA 7 ACIS 8 ACMA Chartered Institute of Management Accountants (CIMA), UK 9 ACPA Association of Certified Project Accountants USA 10 ACT Chartered Institute of Corporate Treasurers, USA 11 ACFM 12 LIFA International Research Association, UK 13 APA Institute of Professional Accountants (IPA) UK www.icpap.com.pk PROFESSIONAL BODY Institute of Certified Public Accountants of Ireland Association of Certified Public Accountants, UK. Association of Certified Corporate Accountants, USA. Institute of Corporate Secretaries of Pakistan Chartered Institute of Professional Financial Managers, USA Institute of Certified Public Accountants of Pakistan (ICPAP) To be the premier business qualification in Pakistan, comparable to the best in the world. To enhance the value ad distinctiveness of the Certified Public Accountant (CPA) qualification, to promote high standards of professional conduct and technical competence of members to safeguard public interest and to provide quality professional education and training thereby creating a competitive advantage for members. www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) The Certified Public Accountant (CPA) credential is the professional designation for management consultants, working executives, professional accountants, financial and corporate managers. The CPA certification provides distinction in today's economic climate and an expertise in business areas that are critical to the decision making process. The CPAs unique perspective is invaluable in business, public and government accounting which authenticates that you possess the skills and knowledge necessary to be an influential member of the management team. Companies throughout the country support the CPA program by hiring them and by encouraging their employees to become CPAs. The member’s list of CPA include individuals holding top management positions, and those aspiring to become the leaders of the next decade, in the field of financial accounting, management accounting, cost accounting and financial management. Regardless of where you are in your career or the size of your organization, the CPA provides an added dimension to your professional development. www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) Today, the role of CPA is the most demanding in the Pakistan economic community in general and in the world in particular. The CPAs ability to provide the information necessary to determine and evaluate the past, present and future economic activities of organizations is vital in our changing business environment. CPAs apply their skills in Accounting, Auditing, Corporate Laws, Tax Laws, Personal Financial Planning, Management Policy, Management Information System, Computer Operations and other areas in Business, Industry, Government and Education. www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) The Institute of Certified Public Accountants of Pakistan (ICPAP) was established as a non-profit organization under license of the Federal Government of Pakistan granted by Registrar Joint Stock Companies under Societies Registration Act of XXI of 1860 in June 1992 with the objective of imparting world class training in Accounting, Finance, Auditing, Management, Corporate and Tax Laws to students, working executives and professionals in Pakistan. The Institute of Certified Public Accountants of Pakistan (ICPAP) launched the Certified Public Accountant (CPA) Program in 1994 with a state of the art course design and curriculum. Over the years, the Certified Public Accountant (CPA) Program received overwhelming response from a wide cross section of students, professional and working executives. Currently there are 700 CPAs who successfully completed the CPA Program of ICPAP and received the CPA membership. Today the ICPAP is the leading voice of corporate accountants and financial executives. Members consist of professionals such as chief financial officers, chief executive officers, financial controllers and others in the field of corporate accounting and financial management. The ICPAP evaluates the credential of candidates, administers the examination, grants certificates and ensures that CPAs continue to meet the professional developments necessary to retain their certificates in good standing. The ICPAP functions under the overall guidance of the Board of Governors comprising of Certified Public Accountants/Chartered Accountants/Cost & Management Accountants, leading consultants, seniors officers, bankers and corporate executives. The ICPAP staff plans and implements the ICPAP activities within the framework of policies and procedures established by the Board of Governors. The Academic Council comprises of practitioners and distinguished academicians and other leading educational institutions. The ICPAP is accredited with a team of qualified and experienced professional staff and faculty members. www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) The Principle Objects of the Institute are: To advance the theory and practice of accountancy in its all aspects. To recruit, educate, train and assess by means of examination or otherwise a body of members skilled in these areas. To preserve at all times the professional independence of accountants in whatever capacities they may be serving. To maintain high standards of practice professional conduct by all its members. and To do all such things as may advance the profession of accountancy in relation to public practice, industry, commerce, education and the public service www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) Businesses today have diversified so much and are complex as they are challenging. Highly qualified business professional are needed to provide you with sound accounting and financial advice and assistance. CPAs play a critical role in providing the services and expertise needed to ensure business stay ahead of current trends in the competitive commercial world, whatever locally and internationally. CPAs uphold the motto “Service With Technical Excellence” in:- The practice side of the profession is undertaken by individuals or groups of individuals in partnership, auditing, analyzing the accounts, advising on information and financial structure and systems and agreeing taxation liabilities with Inland Revenue Department are major functions of most practicing firms of CPAs. The services provided by practicing firms of CPAs, however, are more extensive. Today, CPAs in public practice are expected to provide advices on corporate structure and finance. In fact they act as advisers on financial control procedures and to undertake financial advisory, liquidation and company reconstruction work. CPAs with their broad knowledge of taxation also advise on the taxation implications of business and projected investment decisions. www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) With the advent of the age of Information Technology, companies of all sizes are increasingly reliant on computers. It is to their accountants that management very often seek their advice on the use of computers for information management purposes. In the face of growing complexity, change and competition, businessmen need expert financial advice. Financial services have therefore, become a major growth areas, and is also one in which many CPAs are serving. The need for financial services is reflected in the greater demand for the specialization services of merchant banks and other similar financial services organizations. Clients of such services are advised on the merits of particular courses of action; on ways & means to raise finance on the best terms and on the optimum utilization of their existing assets. CPAs advice with their unique training and also expertise in financial accounting and analysis are particularly sought by financial institutions and are highly demanded in the financial services sector. www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) With their wide experience in finance and information systems and their training in the areas of analytical techniques, CPAs act as specialists in firms of management consultants. In fact, many firms of practicing CPAs today operate their own management consultancy divisions. These management consultants have undertaken assignments to provide specialist’s advice on such as business strategy, financial management, personnel administration, information technology, production planning, systems and financial control. The expansion in the responsibilities and financial commitments of government departments and public sector entities in the recent years has led to the growth in the number of appointments for qualified accountants. The increasing interest in the public sector in the area of financial management and control provides great opportunities for CPAs, undertaking appointments such as treasury accountants, finance officers, tax officers of government auditors. www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) Faced with the competitive and volatile business conditions of the present time, modern industrial and commercial organizations are obliged to adopt new methods, skills and technology to maintain a competitive edge. To such organizations, the CPAs with their thorough knowledge and extensive exposure in financial affairs and business methods are invaluable assets. In industry or commerce & trade, CPAs occupy positions as financial controllers, management accountants, company secretaries or internal auditors. With a qualification which offers great career mobility, CPAs also branch out from the financial sphere into other fields within an organization. Their broad accountancy training enables CPAs to fill appointments in general management, production, sales and marketing . www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) The Institute confers professional membership upon persons who fulfill the prescribed conditions as to education qualifications and experience in management. On admission, Associate and Fellow Members are entitled to use the designatory letters of ACPA, FCPA respectively. Membership of the Institute carries high academic and professional status for those who qualify its examinations and admitted as members on fulfillment of the prescribed conditions. www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) Examinations are held twice a year, i.e. June and December of every year. The candidates who hold a bachelor degree (14 years of education) in any of the disciplines i.e. B.Com, B.A, BBA, BSc, are eligible to apply in CPA program. The admissions are taken through out the year as CPA is a distance learning program. The registered candidates are provided with monthly news letters, assignments, past papers and course material during their semester. The exams are conducted twice a year in June and in December of every year in all major cities of Pakistan and different cities of Middle East Countries. For further detail, a copy of prospectus may be ordered by sending a demand draft/pay order for Rs.600/- in favour of ICPAP at the liaison office of the institute or visit our website at www.icpap.com.pk. www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) Course Code Course Name Course Code Course Name Module-1 (FUNDAMENTALS) Module-6 (SPECIALIZATION) S-101 Business English and Communication SP-601 Advanced Taxation S-102 Economic Analysis & Business Environment SP-602 Advanced Auditing and Assurance SP-603 Advanced Financial Management S-103 Quantitative Methods and Technics Module-2 (KNOWLEDGE) K-201 Financial Accounting K-202 Cost and Management Accounting K-203 Financial Management OR SP-611 Forensic Accounting SP-612 Fraud Investigation and Audit SP-613 Anti Money Laundering Measures and Business Ethics OR Module-3 (ESSENTIALS) E-301 Mercantile Law SP-621 Capital Market and Financial Planning E-302 Audit and Assurance SP-622 Advanced Risk Management E-303 Information Technology Management, Audit & Control SP-623 Retail and Consumer Banking Operations Module-4 (SKILLS) S-401 Taxation Laws S-402 Business Analysis and Decision Making S-403 Financial and Corporate Reporting Module-5 (PROFESSIONAL) P-501 Corporate Law and Governance P-502 Advanced Performance Management P-503 Advanced Management Accounting www.icpap.com.pk OR SP-631 Human Resource Accounting and Auditing SP-632 Human Resource Management SP-633 Human Resource Planning and Development Institute of Certified Public Accountants of Pakistan (ICPAP) CERTIFIED PUBLIC ACCOUNTING CPA KNOWLEDGE • Financial Accounting • Cost and Management Accounting • Financial Management FUNDAMENTALS • Business English and Communication • Economic Analysis and Business Environment • Quantitative Methods and Techniques Operational Level MODUlE-5 • • • Corporate Law and Governance Advanced Performance Management Advanced Management Accounting MODUlE-4 • • • Taxation Laws Business Analysis and Decision Making Financial and Corporate Reporting ESSENTIALS MODUlE-3 ESSENTIALS • Mercantile Law • Audit and Assurance • Information Technology Management, Audit & Control • Advanced Taxation Advanced Auditing and Assurance Advanced Financial Management SKILLS • • • Mercantile Law Audit and Assurance Information Technology Management, Audit & Control KNOWLEDGE MODUlE-2 MODUlE-3 SKILLS • Taxation Laws • Business Analysis and Decision Making • Financial and Corporate Reporting • • PROFESSIONAL • • • Financial Accounting Cost and Management Accounting Financial Management FUNDAMENTALS MODUlE-1 Foundation Level MODUlE-2 FUNDAMENTALS • Business English and Communication • Economic Analysis and Business Environment • Quantitative Methods and Techniques MODUlE-1 MODUlE-2 KNOWLEDGE • Financial Accounting • Cost and Management Accounting • Financial Management MODUlE-1 CERTIFICATE IN PUBLIC ACCOUNTING Cert.PA MODUlE-4 POST GRADUATE DIPLOMA IN PUBLIC ACCOUNTING PGDPA MODUlE-6 SPECIALIZATION • • • Business English and Communication Economic Analysis and Business Environment Quantitative Methods and Techniques Professional Level www.icpap.com.pk Institute of Certified Public Accountants of Pakistan (ICPAP) Certificate in Public Accounting (Cert.PA) No. of Papers Pakistani Students No. of Papers Overseas Pakistani Students Non-Pakistani Students Rupees Rupees Rupees Rupees US $ Registration Fee Total Registration Fee Module-1 1000 x 3 19,500 19,500 3,000 1500 x 3 21,500 21,500 4,500 200 200 90 Module-2 1000 x 3 3,000 1500 x 3 4,500 90 9,000 2,500 180 60 1,500 20 4,000 80 34,500 460 Particulars Total Exemption/ Examination Fee 6,000 Certificate Fee 2,500 Annual Subscription for Member Total 1,500 4,000 G. Total 29,500 Post Graduate Diploma in Public Accounting (PGDPA) Particulars No. of Papers Pakistani Students No. of Papers Overseas Pakistani Students Non Pakistani Students Rupees Rupees Rupees Rupees US $ 21,500 21,500 4,500 4,500 4,500 4,500 18,000 200 200 90 90 90 90 360 Registration Fee Total Registration Fee Module-1 1000 x 3 Module-2 1000 x 3 Module-3 1000 x 3 Module-4 1000 x 3 Total Exemption/ Examination Fee Diploma Fee Annual Subscription for Member Total G. Total www.icpap.com.pk 19,500 19,500 3,000 3,000 3,000 3,000 12,000 2,500 1500 x 1500 x 1500 x 1500 x 3 3 3 3 2,500 60 1,500 1,500 20 4,000 35,500 4,000 80 43,500 640 Institute of Certified Public Accountants of Pakistan (ICPAP) Subject to the prescribed bye-laws, rules and regulations, exemptions are offered from Institute’s examinations. The details exemptions can be viewed from our web: www.icpap.com.pk (Exemption Criteria Rules). Certified Public Accountant (CPA) Particulars No. of Papers Pakistani Students No. of Papers Overseas Pakistani Students NonPakistani Students Rupees Rupees Rupees Rupees US $ 18,000 21,500 21,500 4,500 4,500 4,500 4,500 4,500 4,500 27,000 2,500 200 200 90 90 90 90 90 90 540 60 2,500 1,500 20 4,000 80 52,500 820 Registration Fee Total Registration Fee Module-1 1000 x Module-2 1000 x Module-3 1000 x Module-4 1000 x Module-5 1000 x Module-6 1000 x 3 3 3 3 3 3 Total Exemption/ Examination Fee Membership Fee Annual Subscription for Member Total G. Total www.icpap.com.pk 19,500 19,500 3,000 3,000 3,000 3,000 3,000 3,000 1,500 4,000 41,500 1500 x 1500 x 1500 x 1500 x 1500 x 1500 x 3 3 3 3 3 6 Life Membership may be granted to the associate/ fellow members of the institute upon payment of Rs.15,000/- as Life Membership fee. Life members are not required to pay their annual subscription of Rs.1,500/-. *Note:- The fee once paid is not refundable Institute of Certified Public Accountants of Pakistan (ICPAP) UNITED ARAB EMIRATES ABU-DHABI DUBAI Mr. Shafiq-Ur-Rehman Regional Coordinator Abu-Dhabi, United Arab Emirates Tel: Mob:+971-50-596-8001 Syed Imran Hasnain Jeffery Regional Coordinator Email: shafiqcpa@yahoo.com Email: imranpk14@hotmail.com Mr. Kashif Ahmad Regional Coordinator Sharjah-UAE Tel: +971-4-2205166 Mob: +971-50-2564582 Email:kashif_ahmed2@hotmail.com Mr. Rizwan Asghar Regional Coordinator Doha-Qatar Tel:+974 611 5376 Mob: Email: rizwan99pk@hotmail.com CANADA Mr. Muhammad Imran Regional Coordinator 70 Belfield Road, Unit No 11, Rexdale ON, Maw 1G3, Canada Tel: +1-416-244-3933 Mob: +1-416-779-6460 Email: imran1936@yahoo.com www.icpap.com.pk Dubai, Ajman, United Arab Emirates Tel: +971-6-523-3510 Mob: +971-50-2213250 SHARJAH Mr. Muhammad Kamran Suleman Additional Regional Coordinator Sharjah-UAE Tel: +971-6-5732742 Mob+971-50-5192007 Email: kamishah99@hotmail.com QATAR DOHA Mr. Hassan Jameel Additional Regional Coordinator Doha-Qatar. Tel:+974-6-619-0315 Mob: Email: hjsarwar@yahoo.com AUSTRALIA & EAST TIMOR Mr. Aziz- ul-Haq Regional Coordinator ETT Group CFO C/o Transglobal Marketing Pty . NT Ltd. GPO Box # 3405 Darwin NT 0801 Australia Mob: +670-732-6241 Email: aziz021@yahoo.com Institute of Certified Public Accountants of Pakistan (ICPAP) Mr. Shafquat Hussain Regional Coordinator Phnom Penh Kingdom Of Cambodia Tel: +855 13 240 340 Mob: Email: shafquat.hussain@live.com SCOTLAND Mr. Thappuwarige Vishwajith Regional Coordinator CAMBODIA PHNOM PENH Prof. Dr. Yean Rithy Additional Regional Coordinator Phnom Penh Kingdom Of Cambodia Tel: +855-16-278-777 Mob: +855-12-703-888 Email: yean_rithy@yahoo.com BAGHDAD – IRAQ & BAGRAM – AFGHANISTAN Mr. Adnan Khan Yousaf Zai Regional Coordinator Scotland, UK Bagram-Afghanistan & Baghdad-IRAQ Tel: +126-873-24207 Mob: vishwajithsenarathna@hotmail.com AL-KHOBAR KSA Mr. Tahir Siddique Regional Coordinator Riyadh, Saudi Arabia. Tel: +966 53 4300270 Mob:+966 50 8092831 Email: tahir.siddique@icpap.com.pk Mobile: +93-783-207-131 Email: akyzaee@yahoo.com KABUL – AFGHANISTAN Mr. Arif Muhammad Regional Coordinator Kabul-Afghanistan Tel: +93-75-2021-974 Mob: +93-786-227-004 Email: amuhammad1@kpmg.com JEDDAH KSA Dr. Farooq Kamal Regional Coordinator Jeddah, Saudi Arabia. Tel: +966-2-6171-555 Mob: +966-503-667-423 Email: skamalf@hotmail.com www.icpap.com.pk Tel: +93-796-020-174 AL-RIYADH KSA Mr. Mohammad Ashraf Bajwa Regional Coordinator Riyadh, Saudi Arabia. Tel: +966-1-473-5760 Mob:+966-506-155-017 Email: ashraf.bajwa@icpap.com.pk UNITED KINGDOM Muhammad Afzal Regional Coordinator 195 Grafton Rd., Dagenham, Essex, RM8 3QA, UK Tel: +44-208-123-9526 Fax: +44-871-528-9234 Email: mafzal1987@gmail.com Institute of Certified Public Accountants of Pakistan (ICPAP) LAHORE KARACHI Mr. Umar Hayat Mr. Irfan Ahmad Shujrah Regional Director Lahore-Pakistan Tel: +92-42-3578-3911 Regional Coordinator Karachi-Pakistan Tel: +92-21-7700-548 Mob:+92 333 452 5988 Mob:+92-345-3625001 Email: umar.hayat@icpap.com.pk SARGODHA/JHANG Mr. Muhammad Naveed Zafar Regional Coordinator Sargodha/Jhang-Pakistan Tel: Mob :+92 Email: naveed.acpa@gmail.com Email: irfanshujrah@gmail.com HYDERABAD, KHAIRPUR MIR's, & INTERIOR SINDH Mr. Waqas Ali Regional Coordinator Hyderabad-Pakistan Tel: Mob:+92-345-2091-970 Email: wchanna@hotmail.com D.G. KHAN Mr. Muhammad Umar Khan Regional Coordinator Dera Ghazi Khan-Pakistan Cell: +92-333-6208262 Cell: +92-333-982220 Email: umarkhan8@gmail.com QUETTA-BALUCHISTAN Mr. Jahangir Khan Regional Coordinator Quetta-Pakistan Tel: Mob: +92-300-3804378 Email: jahangir_plan@yahoo.com MARDAN MULTAN Mr. Amir Nawaz Regional Coordinator Multan-Pakistan Tel:+92-312-730-4050 Mob: +92-312-730-4050 Email: aamirnawazaca@hotmail.com BAHALWALPUR Mr. Javaid Iqbal Ch Regional Coordinator Bahawalpur-Pakistan Tel: +92 Mob: +92-300-878-0492 javaidandco@yahoo.com ABBOTTABAD Mr. Adnan Khan Yousafzai Regional Coordinator Mardan - Pakistan cell: +92-333-538-1145 Mr.Muhammad Anees Khan Regional Coordinator Abbotabad - Pakistan Tel:+92-992-334750 Email: akyzaee@yahoo.com Cell:+92-300-9110309 akyzaee@gmail.com Email: aneesmak@yahoo.com www.icpap.com.pk Institute of Certified Public Accountants of Pakistan Plot 13, Street 42, Sector F-8/1, Islamabad-Pakistan. Tel: +92-51-285 3018 Fax: +92-51-285 3012 Email: info@icpap.com.pk Web: www.icpap.com.pk CPA-PAKISTAN @ICPAP www.facebook.com/icpap