Frequently Asked Questions

Yes, in fact, there are a number of Chartered Accountants who are currently pursuing the CPA Program in the world. There are many Chartered Accountants to qualified as CPAs. There are absolutely no restrictions on Chartered Accountants to pursue the CPA Program, to become a member on the Council of CPAs (after completing the necessary requirements of the CPA Program) and to use the CPA designation. If you need any further clarific

The CA/CMA Programs would have surely provided you with a strong foundation in accounting, auditing and taxation. Based on that foundation you can go through the CPA Program with greater case. By doing the CPA Program you will deepen your insights and broaden your perspectives in modern financial analysis as applicable to Corporate Finance, International Finance, Corporate Financial Reporting & Analysis, Management and Financial Services & Products. Thus, you will be able to build on your expertise in finance. Since case study method is used extensively in the CPA Program, your skills in applying financial knowledge to practical situations will increase enormously. Further our focus areas covering Fraud Examination & Tracking Methods, Economic & Industrial Diplomacy, Money Mechanism & Information technology will put you on the main stream of Advanced Financial Mechanics, enlightening you on the most modern concepts of Financial Discipline which is the key element of Good Governance & Quality.

The Candidates profile of the CPA Program indicates that 22% of the CPA Program are engineers, 11% of the candidates are from science stream and 10% are graduates in Arts. Thus 43% of the CPA candidates have non-commerce background. If you are willing to put in the necessary hard work, you should be able to cope with the CPA Program even though you are a non-commerce graduate. I am an MBA from a reputed business school, having done elective courses in the area of finance. In what way will the CPA Program be useful to me? The CPA Program covers all the areas of finance in depth and breadth. Further, the rigor of the CPA Program in finance is more intensive than that of many general purpose MBA Programs. We have large number of MBAs form reputed business school enrolling into the CPA Program, as they wish to deepen their knowledge and sharpen their skill in the area of finance. However, even if you have an MBA specialization in Marketing, IT, Banking etc., etc,, the CPA Program enables you to apply your knowledge & skills in marketing and managing financial services and products.

The Institute of Certified Public Accountants of Pakistan (ICPAP) has established close networking relationship with leading educational institutions and professional bodies across the world. The Institute of Certified Public Accountants of Pakistan has reciprocal arrangements with Association of Certified Public Accountants, UK, Institute of Certified Forensic Accountants, USA, Institute of Certified Public Accountants of Ireland, Institute of Financial Consultants (IFC) Vancouver, Canada and Institute of Accounting Technician (IAT), Canada. Further, International Research Association, UK has allowed exemption in Level I and Level II of their LIFA support program to our qualified members.

Someone has obviously scared you too much. The ICPAP examinations are, no doubt, rigorous as they seek to test the conceptual understanding and practical application skills of the candidates. However, candidates who are prepared to put in reasonable efforts on a regular basis would be able to achieve the prescribed criteria & clear the examinations without much difficulty.

As a Corporate/Chartered Secretary, you are exposed to Board Level matters and situations involving top management. An in depth understanding of Accounting, Finance, Auditing, Management, Corporate and Tax Laws can be extremely useful to you in adding value to your professional career. The CPA Program provides you with a comprehensive perspective of accounting, finance and auditing. Moreover our teaching techniques through abstraction ism groom you into an Emotionally Intelligent and Charismatic Person.

Yes, the ICPAP has an active placement program which is coordinated by a Placement Committee. The Placement Committee helps the CPAs in getting suitable placements by giving guidance to them and networking with potential employers. However, the ICPAP believes that the entire placement exercise is a joint effort between the ICPAP and the CPAs. Thus, the CPAs also have the responsibility to put in maximum possible efforts for getting suitable placement.

Yes. CPAs from the ICPAP can set up their independent practice to offer professional services in several areas. The CPAs render advice on matters relating to accounting, auditing, Taxation Laws, Corporate Laws, Management, Finance, Investments, IT Applications and allied areas. The CPA from the ICPAP can also conduct several types of audits like internal audits, management audits, special audits, social audits etc except statutory audits under the Companies Ordinance, 1984.

You can submit the completed Application Form for Admission at the ICPAP Registered/Campus office. After being granted the CPA Designation.

Yes, ICPAP offers Training Classes (Optional) for CPA at its study centers. These Training Classes are held twice a year during January-April & July-October, and are offered during evenings & weekends. Students who wish to attend these Training Classes are required to pay the fee as prescribed. Further, candidates will have to meet their travel, boarding and lodging expenses.

No. The students pursuing the ICPAPs Program leading to CPA designation are not required to undergo any pre-qualification Articleship training. CPAs need to have 3 years of relevant post qualification work experience before they become CPAs. However, students with relevant work experience prior to completion of CPA examinations are eligible to become CPAs.

No, there is no Admission Test for enrolling into the CPA Program. The CPA Program offered on a Distance Learning Basis/through correspondence and is open to all those applicants who satisfy the eligibility criteria. Registration Afresh? A student whose registration has been cancelled on account of his/her failure to appear at least in once stage/module of the Fundamentals, Knowledge, Essential, Skills, Professionals, or Specialization/Final Examination within three years from the date of his registration, may, if he/she so desires, apply for Afresh Registration in the prescribed form and on his/her application being granted he/she shall be entitled to exemption from the individual subject(s) of the Fundamentals, Knowledge, Essential, Skills, Professionals, or Specialization/Final Examination both for Coaching and Institutes Examination as the case may be, previously secured by him/her under his/her former registration. Where to apply for Registration? A candidate seeking registration as a student should send his application for registration to the Registered Office/Campus Office:

Head Office/Registered office: House No.13, Street 42, Sector F-8/1, Islamabad, Pakistan
Tel: +92 51 2853018, +92 51 2853019
Fax: +92 51 2853012
E-mail: info@icpap.com.pk,admissions@icpap.com.pk
Liaison Office/Study Center: House No.13, Street 42, Sector F-8/1, Islamabad, Pakistan
Tel: +92 51 2853018, +92 51 2853019
Fax: +92 51 2853012
E-mail: info@icpap.com.pk,admissions@icpap.com.pk

The Foreign Based Students of Pakistan National and Foreign National Students should send their applications for admission as Registered Students of the Institute to the Head/Registered Office Only. Subsequent to his/her initial Registration with any Regional Council of the Institute, if a student changes his/her address to outside Pakistan, he/she shall be required to enroll for postal tuition under the same Regional Council so that appropriate track record of the Students progress can be maintained in the Regional Council itself.

A student whose registration has been cancelled on account of his/her failure to complete the Foundation, Certificate and Professional/Final Examinations within a period of seven years from the date of his/her registration, may if he/she so desires, apply for DE NOVO registration in the Prescribed Form and on his/her application being granted he/she be deemed for all purposes to have been admitted as a DE NOVO registered student except that he/she shall be entitled to exemption from the individual subjects of the Foundation, Certificate or Professional/Final Examination, both for Coaching and Examination as the case may be, previously secured by him under his former registration. The benefit of DE NOVO Registration may be availed of only once. Granting of DE NOVO Registration shall be at the discretion of the Registration Committee in case of those who have already availed the benefit of DE NOVO Registration once.

Every person applying for registration as a student has to pay the student registration fee. The application form is to be submitted to the Registered Office/Campus Office of the Institute. For registration, students should fill in the Form and completed in every respect. Remittances of Registration Fees shall be made through demand draft/pay order/crossed checks and on line system drawn on Bank Al Habib Limited, Blue Area Branch, Islamabad favoring The Institute of Certified Public Accountants of Pakistan (ICPAP) payable at Islamabad. Payment by cash or by any other mode is not acceptable.

A graduate or equivalent in a discipline of any recognized University is eligible to apply for registration. However a person desirous of becoming a Registered Student has to apply to the Institute in the Prescribed Form along with appropriate fees and to produce documentary evidence to the satisfaction of the Institutes Council.

Yes, there are subject-wise exemptions for CAs, CMAs, ACCAs, CSs, CFAs MBAs and M.Com on the basis of professional education and experience.

Yes, The ICPAP offers an installment facility to the students enrolling into the CPA Program. The fee can be paid in convenient monthly installments, by way of postdated checks by using the postdated credit card slips, given in the Fee Remittance Form. However, students may note that the installments facility through postdated checks is available only for checks drawn on Bank Al Habib Limited, Blue Area Branch, Islamabad.

The Accounting Institute in each country is independent of similar Institutes in other countries. For example a Chartered Accountant/Cost & Management Accountant from Pakistan cannot automatically become a member of any of the 6 Accounting Institutes in UK or elsewhere. So is the case with the CPAs worldwide. However, there will be no bar for the accountants to work in companies anywhere in the world, no matter whether they are members of one professional body or the other. There are no reciprocal arrangements between the University and other CPA Institutes elsewhere in the world, ICPAP members may approach for exemptions and memberships as per regulation of those bodies.

Yes, in fact, there are a number of Chartered Accountants who are currently pursuing the CPA Program in the world. There are many Chartered Accountants to qualified as CPAs. There are absolutely no restrictions on Chartered Accountants to pursue the CPA Program, to become a member on the Council of CPAs (after completing the necessary requirements of the CPA Program) and to use the CPA designation. If you need any further clarification.

In what respect is the CPA Program of the ICPAP different from the CPA Program offered by the American Institute of Certified Public Accountants?

The CPA Program of AICPA essentially focuses on four related topics viz., Accounting, Auditing, Taxation and Business Laws. The CPA Program of ICPAP is a broad spectrum professional education program with seven focus areas: Accounting Standards, Information Technology & E Business, Financial Management, Information for Control & Decision Making, Corporate Financial Reporting & Analysis, Management Focus, Soft Skills emphasis, ethics and Code of Conduct. The ICPAP integrates traditional areas of accounting, auditing, Taxation and Business Law with management and IT perspectives.

The Candidates profile of the CPA Program indicates that 22% of the CPA Program are engineers, 11% of the candidates are from science stream and 10% are graduates in Arts. Thus 43% of the CPA candidates have non-commerce background. If you are willing to put in the necessary hard work, you should be able to cope with the CPA Program even though you are a non-commerce graduate. I am an MBA from a reputed business school, having done elective courses in the area of finance. In what way will the CPA Program be useful to me? The CPA Program covers all the areas of finance in depth and breadth. Further, the rigor of the CPA Program in finance is more intensive than that of many general purpose MBA Programs. We have large number of MBAs form reputed business school enrolling into the CPA Program, as they wish to deepen their knowledge and sharpen their skill in the area of finance. However, even if you have an MBA specialization in Marketing, IT, Banking etc., etc,, the CPA Program enables you to apply your knowledge & skills in marketing and managing financial services and products.

The Institute of Certified Public Accountants of Pakistan (ICPAP) has established close networking relationship with leading educational institutions and professional bodies across the world. The Institute of Certified Public Accountants of Pakistan has reciprocal arrangements with Association of Certified Public Accountants, UK, Institute of Certified Forensic Accountants, USA, Institute of Certified Public Accountants of Ireland, Institute of Financial Consultants (IFC) Vancouver, Canada and Institute of Accounting Technician (IAT), Canada. Further, International Research Association, UK has allowed exemption in Level I and Level II of their LIFA support program to our qualified members.

Yes, the ICPAP has an active placement program which is coordinated by a Placement Committee. The Placement Committee helps the CPAs in getting suitable placements by giving guidance to them and networking with potential employers. However, the ICPAP believes that the entire placement exercise is a joint effort between the ICPAP and the CPAs. Thus, the CPAs also have the responsibility to put in maximum possible efforts for getting suitable placement.

You can submit the completed Application Form for Admission at the ICPAP Registered/Campus office. After being granted the CPA Designation.

Yes, ICPAP offers Training Classes (Optional) for CPA at its study centers. These Training Classes are held twice a year during January-April & July-October, and are offered during evenings & weekends. Students who wish to attend these Training Classes are required to pay the fee as prescribed. Further, candidates will have to meet their travel, boarding and lodging expenses.

A candidate seeking registration as a student should send his application for registration to the Registered Office/Campus Office:

Head Office/Registered office: House No.13, Street 42, Sector F-8/1, Islamabad, Pakistan
 Tel: +92 51 2853018, +92 51 2853019
Fax: +92 51 2853012
E-mail: info@icpap.com.pk, admissions@icpap.com.pk

Liaison Office/Study Center: House No.13, Street 42, Sector F-8/1, Islamabad, Pakistan
Tel: +92 51 2853018, +92 51 2853019
Fax: +92 51 2853012
E-mail: info@icpap.com.pk, admissions@icpap.com.pk

The Foreign Based Students of Pakistan National and Foreign National Students should send their applications for admission as Registered Students of the Institute to the Head/Registered Office Only. Subsequent to his/her initial Registration with any Regional Council of the Institute, if a student changes his/her address to outside Pakistan, he/she shall be required to enroll for postal tuition under the same Regional Council so that appropriate track record of the Students progress can be maintained in the Regional Council itself.


A student whose registration has been cancelled on account of his/her failure to appear at least in once stage/module of the Fundamentals, Knowledge, Essential, Skills, Professionals, or Specialization/Final Examination within three years from the date of his registration, may, if he/she so desires, apply for Afresh Registration in the prescribed form and on his/her application being granted he/she shall be entitled to exemption from the individual subject(s) of the Fundamentals, Knowledge, Essential, Skills, Professionals, or Specialization/Final Examination both for Coaching and Institutes Examination as the case may be, previously secured by him/her under his/her former registration.