INSTITUTE OF CHARTERED ACCOUNTANT OF PAKISTAN (ICAP )
The Institute of Chartered Accountants of Pakistan is a professional body of Chartered Accountants in Pakistan, and represents accountants employed in public practice, business and industry, and the public and private sectors.
At ICAP we realize that education, professional values and ethics are critical, and hold together the forces that continue to pull us towards globalization, yet persuade us to retain our distinctive identity.
As an ACCA affiliates , i have wrote some question & answer & some usefull information which helps students to get their right decision .
What Is Chartered Accountancy
Chartered Accountants work for big and small firms that offer fee earning advisory and management services to a variety of clients and businesses in the industrial, commercial and non profit sectors. They audit the accounts of these clients and businesses and can also be involved in specialist areas of financial advice such as tax. Chartered Accountants are also employed in commercial organizations, banks, and the private and public sectors.
To become a Chartered Accountant you need to be motivated, possess analytical skills, numerical ability, a keen sense of what is going on in the world of business and finance, and personal qualities such as reliability and discretion. You will be required to study business and corporate finance, economics, auditing, taxation, management and information systems.
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Why Choose a Career in Accounting
Chartered Accountancy is a rewarding career and there are excellent prospects for employment in audit firms as well as in local companies, multi-nationals, and local and foreign banks. The profession has stood the test of time, and career opportunities for Chartered Accountants are unfolding as corporations increasingly realize the importance of professional values, ethics and good governance.
Why Choose ICAP
The Institute of Chartered Accountants of Pakistan (ICAP)
is a professional body of Chartered Accountants in Pakistan, and represents accountants employed in public practice, business and industry, and the public and private sectors. The Institute is a member of the International Federation of Accountants (IFAC) which is the global organization for the accountancy profession.
“ICAP has approx. 4,000 members who are currently working in 35 countries worldwide. With thousands of students joining our prestigious fraternity, we offered approx. 300 ambassadors to the local and international market in the year 2006.”
The transformation to global financial reporting standards requires the internalization of new values and attitudes. At ICAP we realize that education is critical and holds together the centrifugal forces that continue to pull us towards diversification, yet persuade us to retain our distinctive identity.
The head office of the Institute is housed in its own premises in Karachi at Teen Talwar, Clifton with regional offices in Islamabad, Lahore, Multan and Faisalabad.
STUDENTS
The Institute is committed to regulate the education, training and examination of its students in order to ensure that a newly qualified Chartered Accountant can continue to be confidently regarded as:
* Having a sound grounding in the major subject of accountancy, business, finance and management which can be further developed by continuing education and which can be drawn on for a professional lifetime;
* Being fully equipped with the professional attitudes expected of a member of the Institute;
* Being ready to undertake work, demanding qualities and skills expected of a chartered accountant and being able, with suitable induction, speedily to acquire any additional accountancy skills required for particular task in public practice, industry, commerce or else where.
To achieve the above objectives the Institute continues to review and update its prescribed syllabus and education and training schemes. The present syllabus was recently updated and restructured to meet the challenges of the fast changing global and national economic scenarios.
From 1994 a Pre-entry Proficiency Test (PPT) was introduced to determine the suitability of candidates before being registered as Trainee Students. PPT is mandatory for all entrants except those who are exempt from PPT.