Becoming a Chartered Accountant (CA) really means a lot in Pakistan when the question is about a lush future full of lucrative opportunities along with attractive perks and benefits. Chartered Accountants are the highest paid professionals in Pakistan.
Being a Chartered Accountant is not an easy game at all. It is highly different from the other commerce, accounting and finance fields alike MBA, M.Com etc.
The Chartered Accountancy profession in Pakistan is regulated by The Institute of Chartered Accountants of Pakistan (ICAP). In this article, we are going to give you full detail regarding how you can become Chartered Accountant in Pakistan.
CA Entry Routes in Pakistan
Minimum intermediate with following conditions
- Higher Secondary School Certificate with minimum 50% marks
- ‘A’ Levels with minimum two passes or equivalent qualification
- Candidates who want to pursue career in CA after Graduation must have 45% marks
CA Stages or Modules
CA Pakistan has four stages. Module system has been replaced with stages or level system
- AFC- Assessment of Fundamental Competencies
- CFA – Certificate in Accounting and Finance
- CFAP – Certified Finance and Accounting Professional
- MSA – Multi-Subject Assessments
CA Articleship Requirement
CA Articleship is like training but different from normal internships and apprenticeships. To move into the Final Stage, the student must enter in the Articleship.
Requirements for Articleship are:
- For Intermediate Students – CAF Stage Passed
- For Graduation or Post Qualification Students – 45% marks regardless of the number of AFCS or CAF paper passed.
How to Get Admission in CA Pakistan?
|1||Submit your student registration form to any office of the institute. The institute will send you a registration card as a proof of your registration.||Full-Time Student Registration Form|
|2||Start your studies according to the prescribed syllabus of Assessment of Fundamental Competencies. You may attend classes of Assessment of Fundamental Competencies in any of the RAETs (our preferred tuition centres). However, these classes are not compulsory.||Syllabus
List of RAETs
|3||Examination & papers exemption fee||Examination & Exemption|
CA Examination and Exemption Fee
EXAMINATION FEE W.E.F. AUTUMN 2017
|Candidates appearing from:||Dubai||Saudi Arabia||Pakistan|
|1 paper of CFAP*||1000||1020||7,400|
|For each additional paper||125||130||2,900|
|Multi Subject Assessment (One paper only)||1,375||1,400||10,500|
|Multi Subject Assessment (Two papers)||1,570||1,600||15,800|
|Annual subscription fee||60||60||1,150|
|* (or Management Accounting only or Information Technology Management, Audit & Control only.)|
AFC & CAF EXAMINATIONS
|5 papers of the same stage||12,900|
|4 papers of the same stage||10,700|
|3 papers of the same stage||8,300|
|2 papers of the same stage||5,900|
|Computer Based Examination (Additional charges per paper)||1,200|
|Annual Subscription Fee||1,150|
EXEMPTION FEE w.e.f. July 01, 2017
ICAP CA Exemptions
Donwload CA Pakistan complete Exemption Scheme from here