CPA in PAKISTAN

imran Hasnain · 01-11-2009, 04:10 PM

Respectable friend,

Can you tell me what is the recognition of CPA from Institute of Certified Public Accountants of Pakistan.

Warm regards,

Imran Hasnain
00971-50-2213250

mroneflower · 01-11-2009, 08:25 PM

CPA is not recignised in Pakistan.

Khalid

faizee · 01-12-2009, 05:53 PM

i think khalid has gone mad.

dear imran,
CPA is recongnised in pakistan.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 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.

Although chartered in USA and Canada, The Institute of Financial Consultants (IFC) and Institute of Accounting Technician (IAT), are International Professional Organizations with members throughout the world.

If you want further information don't hasitate to contact me.
regards,
Faizan

Rashid Sohail · 01-19-2009, 08:44 PM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by faizee
 i think khalid has gone mad.

dear imran,
CPA is recongnised in pakistan.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 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.

Although chartered in USA and Canada, The Institute of Financial Consultants (IFC) and Institute of Accounting Technician (IAT), are International Professional Organizations with members throughout the world.

If you want further information don't hasitate to contact me.
regards,
Faizan
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Pracs · 01-20-2009, 08:26 AM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by faizee
 i think khalid has gone mad.

dear imran,
CPA is recongnised in pakistan.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 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.

Although chartered in USA and Canada, The Institute of Financial Consultants (IFC) and Institute of Accounting Technician (IAT), are International Professional Organizations with members throughout the world.

If you want further information don't hasitate to contact me.
regards,
Faizan
<hr height="1" noshade id="quote"></blockquote id="quote">

Sorry to spoil this for you, but none of the above institutes you mention above have any credibility . IFC gives (or atleast gave out) reciprocal membership to any one with a degree, and LIFA keeps sending me email on a regular basis exempting me of level 1 and 2, despite the fact that I have never applied to them (and every email says its my last time to avail this.)

None of the above are IFAC members/associate/affiliates

http//web.ifac.org/about/member-bodies

You'd expect atleast ICPAP and IAT to be associated with IFAC.

Let us know if ICPAP has any recognition with HEC or another regulator ?

faizee · 01-20-2009, 09:02 AM

dear pracs
i have already contancted the secretary general of ICPAP and there is a institute for CPA in Pakistan if you don't beleive then go to islamabad and see there office,w think you will satisfied.

Toronto_Boy · 01-20-2009, 03:08 PM

Dear Faizee and other students

I second to Pracs above post. I would not suggest to waste your time, money and energies on this ICPAP thing. New institutes are good, but don't be victim of unreputed organizations/ associations. Sorry, but Canadian and US associations you are naming, even have minimal recognition.

Its very important to understand that every association/institute that is linked with USA/ Canada, does not have much repute. There are many associations which only exist on paper or two rooms office.

Purpose of my post is just to save you guys from remorse later. Go for already tested education/association.

Regards

Pracs · 01-21-2009, 06:52 AM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by faizee
 dear pracs
i have already contancted the secretary general of ICPAP and there is a institute for CPA in Pakistan if you don't beleive then go to islamabad and see there office,w think you will satisfied.
<hr height="1" noshade id="quote"></blockquote id="quote">

Ofcourse they will have an office and may have a good course outline also, but unless they are recognised by an authority, its of no value. Just because they are connected to American or Canadian associations does not guarantee authenticity. Let, me give you an example, Punjab Uni is the oldest in Pakistan, some constituent colleges may have the lowest teaching standards and/or outdated syllabi but the degree is recognised (both in Pakistan and overseas) compared to say xyz business college (good campus, perhaps better syllabi and teachers but no recognition, ie HEC does not recognise it). Which one would you go for?

Ofcourse, the decision is yours.

kamranACA · 01-21-2009, 06:14 PM

Dears,

The suggestions given by Pracs and Tronto_boy are in fact of great importance.

There are almost 6 or 7 professional institutes/bodies in Pakistan. However, unlike ICAP and ICMAP all others are not that recognized and in my personal view carry no worth for the students to make a good career.

ICPAP is also an association not for profit registered as a company under section 42 of the Companies Ordinance, 1984 and its qualification has not so far been recognised by HEC. Further, it has no representation at bodies like SAFA and IFAC. I, unfortunately, never saw a single person any where working with this CPA during my whole career and I, being in profession, believe this CPA requires much effort and time to bring some worth for its members AND off course this may come out to be merely a hope.

I wish people to start their career with prudent decision.

Regards,

KAMRAN.

imran Hasnain · 02-07-2009, 04:22 PM

I heard that the CPA qulification is recognized by the ministery of education and ministery of foreign affairs of paksitan.is it true

kamranACA · 02-07-2009, 05:22 PM

Dear,

It must be asked from the ministeries.

Might you guys have heard that HEC has gone almost insolvent due to severe financial crunch with relevant ministeries of the federal govt? I saw it in news papers.

KAMRAN.

Pracs · 02-08-2009, 10:11 PM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by kamranACA
 Dear,

It must be asked from the ministeries.

Might you guys have heard that HEC has gone almost insolvent due to severe financial crunch with relevant ministeries of the federal govt? I saw it in news papers.

KAMRAN.
<hr height="1" noshade id="quote"></blockquote id="quote">

That's a shame, they did some real nice work, perhaps the government should wake up from its deep slumber and do some thing, or will it let it run down the drain like other institutions.

So, first the scholarships got chopped of (including some that were already sanctioned) and now this Alas. Sorry didn't want to make it 'political' at all

Pracs · 02-08-2009, 10:16 PM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by imran Hasnain
 I heard that the CPA qulification is recognized by the ministery of education and ministery of foreign affairs of paksitan.is it true
<hr height="1" noshade id="quote"></blockquote id="quote">

Imran, I may sound conservative here, but the question to be asked is if its not an IFAC member/associate its has got no worth whatsoever. Merely being recognised by a certain ministry does nothing for me atleast. If the HEC does not recognise it (or is not in the process of doing so) the qualification will not even have any academic standings !!

hasnain0099 · 04-13-2009, 03:26 PM

ICPAP though at the moment is a new one in pakistan by they have told me by mail that they are seeking IFAC membership and by the end of this year they will get it futhermore it offers other benifits as well like CFC (regd) membership CAT uk membership and CFA membership of ICFAP and stright through ICSP membership.ICPAP members are also exempted in CIA part4 exam nice things

hasnain0099 · 04-13-2009, 03:36 PM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by faizee
 dear pracs
i have already contancted the secretary general of ICPAP and there is a institute for CPA in Pakistan if you don't beleive then go to islamabad and see there office,w think you will satisfied.
<hr height="1" noshade id="quote"></blockquote id="quote">
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Taken from Career Times 3 October 2003
Your comments are welcome at [email protected] <hr height="1" noshade id="quote"></blockquote id="quote">
<blockquote id="quote">quote<hr height="1" noshade id="quote">

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