CA - Chartered Accountancy
Full Time Courses | Professional Certification Courses
Duration:  5 Years Course | Intake: Dec, Mar, June & Sep | Eligibility: Intermediate & A levels
Chartered Accountants are recognized as the only professionals to be appointed as Auditor of
limited companies & eligible to be appointed as Chief Financial Officer (CFO), Head of Internal
Audit & Company Secretary etc.
About 25% of the Chartered Accountants are working in more than 40 Countries Globally at higher management position.
While the prime objective of ICAP is to regulate the Profession of Accountancy in Pakistan, the main objects of the Institute are:
To advance the theory and practice of Accountancy in all its aspects including auditing, financial management, taxation and management consultancy.
To maintain high standards of professional conduct and ethics by all its members and students.
To conduct examinations of candidates for enrollment of members.
To induct & educate students and to provide continuing professional education to members in auditing, financial management, taxation and management consultancy skills.
Salient Features of Level Scheme
Modular structure prevalent in the CA curriculum is being transformed into a package of 4 tiers of CA qualification.
All the stages of qualification are now stand-alone.
The successful students of any stage will be allowed to use the corresponding designation.
Each certification has its market recognition and will open the avenues for various employment ventures.
Considering the modern testing methodology computer based examination (CBEs) at AFC stage is introduced for students.
Study material is aligned with the examination structure and to the learning outcome that will ensure the development of professional knowledge, skills and competencies in the candidates.
There are 4 Tiers/Levels of CA Qualification
4 papers in Level 1 (AFC)
CBEs are held after every 6 months i.e. in March and September
Module A to D = Certificate in Accounting and Finance (CAF)
Module E & F = Certified Finance & Accounting professional (CFAP)
CFAP +2 multi paper assessments = CHARTERED ACCOUNTANT
9 Papers in Level 2 (CAF)
6 Papers in Level 3 (CFAP)
2 Papers in Level 4 (MSA)
The entry stream to this course will be as follows:
Candidates who have HSSC with minimum 50% marks, ‘A’ Level with minimum two passes, or equivalent qualification & graduates with minimum 45% marks.
Students meet the above criteria can enter the first level (AFC) after registration
Level of Accomplishment
The Institute offers two standalone mid-tier qualifications. These qualifications reflect the logical progression from a comprehension level to decision making position.
ASSESSMENT OF FUNDAMENTAL COMPETENCIES (AFC)
|AFC-4||Introduction to Information Technology|
CERTIFICATE IN ACCOUNTING AND FINANCE (CAF)
|CAF-1||Introduction to Accounting|
|CAF-2||Introduction to Economics and Finance |
|CAF-3||Business Law |
|CAF-4||Business Management & Behavioral Studies |
|CAF-5||Financial Accounting and Reporting - I |
|CAF-6||Principles of Taxation |
|CAF-7||Financial Accounting and Reporting - II |
|CAF-8||Cost and Management Accounting|
|CAF-9||Audit and Assurance|
CERTIFIED FINANCE AND ACCOUNTING PROFESSIONAL (CFAP)
|CFAP-1||Advanced Accounting and Finance Reporting |
|CFAP-2||Corporate Laws |
|CFAP-3||Business Management and Strategy |
|CFAP-4||Business Finance Decisions |
|CFAP-5||Advanced Taxation |
|CFAP-6||Audit, Assurance and Related Services|
MULTI SUBJECT ASSESSMENTS (MSA)
|MSA -1||Financial Reporting Professional Competence |
|MSA -2||Audit Professional Competence|
After completing the above qualifications and fulfilling the practical training requirement the candidate becomes eligible for the membership of the Institute.
At ICAP we believe everyone has the competence to be a chartered accountant; we accommodate students from diverse educational backgrounds and help them actualize their potential.
To facilitate your desire for success the Institute has designed streams accordingly, keeping in view different levels of education, skills sets and learning ability.