ICPAP CPA Institute of Certified Public Accountants of Pakistan Become a Certified Public Accountant CPA STEPS TO GET AHEAD IN YOUR CAREER Admissions Open Now Institute of Certified Public Accountants of Pakistan ICPAP OFFERS 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 Mission What is a Certified Public Accountant 5 What does a CPA do? 6 Accountants of Pakistan (ICPAP) 7 Objects of the Institute 8 Roll of CPA in Pakistan 9 Examination 10 Syllabus 11 Fee Structure 12 Contact us CONTENTS www.icpap.com.pk

International Partners Institute of Certified Public Accountants of Pakistan (ICPAP) International Partners The Following are the international institutions who recognizes ICPAP’s qualification SR. COURSE PROFESSIONAL BODY 1 ACPA Ireland Institute of Certified Public Accountants of Ireland 2 ACPA UK Association of Certified Public Accountants, 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 Association of Certified Corporate Accountants, USA. 7 ACIS Institute of Corporate Secretaries of Pakistan 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 Chartered Institute of Professional Financial Managers, USA 12 LIFA International Research Association, UK 13 APA Institute of Professional Accountants (IPA) UK www.icpap.com.pk

Institute of Certified Public Accountants of Pakistan (ICPAP) Vision To be the premier business qualification in Pakistan, comparable to the best in the world. Mission 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

What is a Certified Public Accountant? Institute of Certified Public Accountants of Pakistan (ICPAP) What is a Certified Public Accountant? 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) What Does A CPA Do? 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

Objects of The Institute Institute of Certified Public Accountants of Pakistan (ICPAP) Objects of The Institute 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 and professional conduct by all its members. 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

The Role of CPA in Pakistan Institute of Certified Public Accountants of Pakistan (ICPAP) The Role of CPA in Pakistan 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:- Public Practice 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

Information Technology Institute of Certified Public Accountants of Pakistan (ICPAP) Information Technology 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. Financial Services 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

Management Consultancy Institute of Certified Public Accountants of Pakistan (ICPAP) Management Consultancy 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. Public Sector Services 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) Industry & Commerce 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

Membership of the Institute 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. Membership of the Institute www.icpap.com.pk

Examination of the Institute Institute of Certified Public Accountants of Pakistan (ICPAP) Examination of the Institute Examinations are held twice a year, i.e. June and December of every year. Admission Criteria 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

Syllabus of Examination Institute of Certified Public Accountants of Pakistan (ICPAP) Syllabus of Examination Course Code Course Name Module-1 (FUNDAMENTALS) S-101 Business English and Communication S-102 Economic Analysis & Business Environment S-103 Quantitative Methods and Technics Module-2 (KNOWLEDGE) K-201 Financial Accounting K-202 Cost and Management Accounting K-203 Financial Management Module-3 (ESSENTIALS) E-301 Mercantile Law E-302 Audit and Assurance E-303 Information Technology Management, Audit & Control 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 Course Code Course Name Module-6 (SPECIALIZATION) SP-601 Advanced Taxation SP-602 Advanced Auditing and Assurance SP-603 Advanced Financial Management OR SP-611 Forensic Accounting SP-612 Fraud Investigation and Audit SP-613 Anti Money Laundering Measures and Business Ethics SP-621 Capital Market and Financial Planning SP-622 Advanced Risk Management SP-623 Retail and Consumer Banking Operations SP-631 Human Resource Accounting and Auditing SP-632 Human Resource Management SP-633 Human Resource Planning and Development www.icpap.com.pk

Institute of Certified Public Accountants of Pakistan (ICPAP) ICPAP COURSES CERTIFIED PUBLIC ACCOUNTING CPA SPECIALIZATION Advanced Taxation Advanced Auditing and Assurance Advanced Financial Management PROFESSIONAL Corporate Law and Governance Advanced Performance Management Advanced Management Accounting SKILLS Taxation Laws Business Analysis and Decision Making Financial and Corporate Reporting ESSENTIALS Mercantile Law Audit and Assurance Information Technology Management, Audit & Control KNOWLEDGE Financial Accounting Cost and Management Accounting Financial Management FUNDAMENTALS Business English and Communication Economic Analysis and Business Environment Quantitative Methods and Techniques Professional Level MODUlE-4 MODUlE-3 MODUlE-2 MODUlE-1 MODUlE-5 MODUlE-6 POST GRADUATE DIPLOMA IN PUBLIC ACCOUNTING PGDPA SKILLS Taxation Laws Business Analysis and Decision Making Financial and Corporate Reporting ESSENTIALS Mercantile Law Audit and Assurance Information Technology Management, Audit & Control 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-4 MODUlE-3 MODUlE-2 MODUlE-1 CERTIFICATE IN PUBLIC ACCOUNTING Cert.PA KNOWLEDGE Financial Accounting Cost and Management Accounting Financial Management FUNDAMENTALS Business English and Communication Economic Analysis and Business Environment Quantitative Methods and Techniques Foundation Level MODUlE-2 MODUlE-1 www.icpap.com.pk

Institute of Certified Public Accountants of Pakistan (ICPAP) Fee Structure Certificate in Public Accounting (Cert.PA) Particulars No. of Papers Pakistani Students Overseas Pakistani Students Non-Pakistani Students Rupees US $ Registration Fee 19,500 21,500 200 Total Registration Fee Module-1 1000 x 3 3,000 1500 x 3 4,500 90 Module-2 Total Exemption/ Examination Fee 6,000 9,000 180 Certificate Fee 2,500 60 1,500 20 Annual Subscription for Member Total 4,000 80 G. Total 29,500 34,500 460 Post Graduate Diploma in Public Accounting (PGDPA) Particulars No. of Papers Pakistani Students Overseas Pakistani Students Non Pakistani Students Rupees US $ Registration Fee 19,500 21,500 200 Total Registration Fee Module-1 1000 x 3 3,000 1500 x 3 4,500 90 Module-2 Module-3 Module-4 Total Exemption/ Examination Fee 12,000 18,000 360 2,500 60 Diploma Fee Annual Subscription for Member 1,500 20 4,000 80 Total G. Total 35,500 43,500 640 www.icpap.com.pk

Fee Structure Exemptions Offered Institute of Certified Public Accountants of Pakistan (ICPAP) Exemptions Offered 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). Fee Structure Life Membership Certified Public Accountant (CPA) Particulars No. of Papers Pakistani Students Overseas Pakistani Students Non-Pakistani Students Rupees US $ Registration Fee 19,500 21,500 200 Total Registration Fee Module-1 1000 x 3 3,000 1500 x 3 4,500 90 Module-2 Module-3 Module-4 Module-5 Module-6 1500 x 6 Total Exemption/ Examination Fee 18,000 27,000 540 2,500 60 1,500 20 Membership Fee Annual Subscription for Member 4,000 80 Total 52,500 820 G. Total 41,500 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/-. www.icpap.com.pk *Note:- The fee once paid is not refundable

Worldwide Regional Coordinators Institute of Certified Public Accountants of Pakistan (ICPAP) Worldwide Regional Coordinators UNITED ARAB EMIRATES ABU-DHABI DUBAI Mr. Shafiq-Ur-Rehman Syed Imran Hasnain Jeffery Regional Coordinator Abu-Dhabi, United Arab Emirates Dubai, Ajman, United Arab Emirates Tel: Tel: +971-6-523-3510 Mob:+971-50-596-8001 Mob: +971-50-2213250 Email: shafiqcpa@yahoo.com Email: imranpk14@hotmail.com SHARJAH Mr. Kashif Ahmad Mr. Muhammad Kamran Suleman Additional Regional Coordinator Sharjah-UAE Tel: +971-4-2205166 Tel: +971-6-5732742 Mob: +971-50-2564582 Mob+971-50-5192007 Email:kashif_ahmed2@hotmail.com Email: kamishah99@hotmail.com QATAR DOHA Mr. Rizwan Asghar Mr. Hassan Jameel Doha-Qatar Doha-Qatar. Tel:+974 611 5376 Tel:+974-6-619-0315 Mob: Email: rizwan99pk@hotmail.com Email: hjsarwar@yahoo.com CANADA AUSTRALIA & EAST TIMOR Mr. Muhammad Imran Mr. Aziz- ul-Haq ETT Group CFO 70 Belfield Road, Unit No 11, C/o Transglobal Marketing Pty Rexdale ON, Maw 1G3, Canada . NT Ltd. GPO Box # 3405 Tel: +1-416-244-3933 Darwin NT 0801 Australia Mob: +1-416-779-6460 Mob: +670-732-6241 Email: imran1936@yahoo.com Email: aziz021@yahoo.com www.icpap.com.pk

Worldwide Regional Coordinators Institute of Certified Public Accountants of Pakistan (ICPAP) Worldwide Regional Coordinators CAMBODIA PHNOM PENH Mr. Shafquat Hussain Prof. Dr. Yean Rithy Regional Coordinator Additional Regional Coordinator Phnom Penh Kingdom Of Cambodia Tel: +855 13 240 340 Tel: +855-16-278-777 Mob: Mob: +855-12-703-888 Email: shafquat.hussain@live.com Email: yean_rithy@yahoo.com SCOTLAND BAGHDAD – IRAQ & BAGRAM – AFGHANISTAN Mr. Thappuwarige Vishwajith Mr. Adnan Khan Yousaf Zai Bagram-Afghanistan & Baghdad-IRAQ Scotland, UK Tel: +93-796-020-174 Tel: +126-873-24207 Mobile: +93-783-207-131 vishwajithsenarathna@hotmail.com Email: akyzaee@yahoo.com AL-KHOBAR KSA KABUL – AFGHANISTAN Mr. Tahir Siddique Mr. Arif Muhammad Riyadh, Saudi Arabia. Kabul-Afghanistan Tel: +966 53 4300270 Tel: +93-75-2021-974 Mob:+966 50 8092831 Mob: +93-786-227-004 Email: amuhammad1@kpmg.com Email: tahir.siddique@icpap.com.pk JEDDAH KSA AL-RIYADH KSA Dr. Farooq Kamal Mr. Mohammad Ashraf Bajwa Regional Coordinator Riyadh, Saudi Arabia. Jeddah, Saudi Arabia. Tel: +966-1-473-5760 Tel: +966-2-6171-555 Mob:+966-506-155-017 Mob: +966-503-667-423 Email: skamalf@hotmail.com Email: ashraf.bajwa@icpap.com.pk UNITED KINGDOM Muhammad Afzal 195 Grafton Rd., Dagenham, Essex, RM8 3QA, UK Tel: +44-208-123-9526 Fax: +44-871-528-9234 Email: mafzal1987@gmail.com www.icpap.com.pk

Nationwide Regional Coordinators Institute of Certified Public Accountants of Pakistan (ICPAP) Nationwide Regional Coordinators LAHORE KARACHI Mr. Umar Hayat Mr. Irfan Ahmad Shujrah Regional Director Regional Coordinator Lahore-Pakistan Karachi-Pakistan Tel: +92-42-3578-3911 Tel: +92-21-7700-548 Mob:+92 333 452 5988 Mob:+92-345-3625001 Email: umar.hayat@icpap.com.pk Email: irfanshujrah@gmail.com SARGODHA/JHANG HYDERABAD, KHAIRPUR MIR's, & INTERIOR SINDH Mr. Muhammad Naveed Zafar Mr. Waqas Ali Sargodha/Jhang-Pakistan Hyderabad-Pakistan Tel: Mob :+92 Mob:+92-345-2091-970 Email: naveed.acpa@gmail.com Email: wchanna@hotmail.com D.G. KHAN MULTAN Mr. Muhammad Umar Khan Mr. Amir Nawaz Dera Ghazi Khan-Pakistan Multan-Pakistan Cell: +92-333-6208262 Tel:+92-312-730-4050 Cell: +92-333-982220 Mob: +92-312-730-4050 Email: umarkhan8@gmail.com Email: aamirnawazaca@hotmail.com QUETTA-BALUCHISTAN BAHALWALPUR Mr. Jahangir Khan Mr. Javaid Iqbal Ch Quetta-Pakistan Bahawalpur-Pakistan Tel: +92 Mob: +92-300-3804378 Mob: +92-300-878-0492 Email: jahangir_plan@yahoo.com javaidandco@yahoo.com MARDAN ABBOTTABAD Mr. Adnan Khan Yousafzai Mr.Muhammad Anees Khan Mardan - Pakistan Abbotabad - Pakistan cell: +92-333-538-1145 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