History

History of CPA

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 500 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. The certification awarded by ICPAP is widely acknowledged by the leading employers of Pakistan National and Internationals.

The Institute of Certified Public Accountants of Pakistan (ICPAP) is an autonomous institution and not affiliated to any University, nor is it a University under the UGC/HEC Act. The ICPAP and its constituents do not confer any degrees at bachelors and masters levels, as defined in the UGC/HEC Act.

The CPA Program offered by ICPAP is different in design, structure, scope, content and examinations from the CPA Program offered by the American Institute of Certified Public Accountants (AICPA), USA and others countries of the world. All reference to the CPA Program in this document pertains to the Program offered by ICPAP only.

This document does not create a binding contract between the Institute of Certified Public Accountants of Pakistan (ICPAP) and the students. The information given is an indication of ICPAPs plans on the date of publication of this document. Details may be modified from time to time for academic and operational reasons. The students will be governed by the latest regulations applicable to them during the relevant academic year.

This document is designed to provide the prospective students with information on educational program only. Neither the ICPAP nor any third party assumes any liability of any kind to any person from providing this information whether or not such persons rely on it and even inform the ICPAP of their reliance on it. Jurisdiction for all disputes if any) relating to ICPAP is Islamabad, Pakistan.