News & Events
09-18-14 Computer Based Examinations
ICAP Logo 09-15-14 ICAP-Workshop on TIME MANAGEMENT Muhammad Basheer Juma
ICAP Logo 09-5-14 Special Package of Membership of Royal Palm Golf & Country Club

Computer Based Examinations

Assessment of Fundamental Competencies (AFC) examinations would be conducted in a computer based environment.

AFC-3 and AFC-4 would be entirely computer based in which only objective type questions would be examined. In case of AFC-1 and AFC-2, objective type questions would be tested on computer whereas essay type (descriptive) questions would be examined separately and will be held along with CAF examinations. However, with effect from Autumn 2015, all papers of AFC would be entirely computer based.

In order to facilitate the students in the AFC examinations, ICAP has developed a video to illustrate the salient features of the computer-based examination environment.

This video can be viewed as bleow :

Please move over mouse to the following link; click right mouse button and select “Save target as” (Internet Explorer users) or “Save Link as” (Chrome users) to download the video:“Download Video”
Student appearing in Autumn 2014 AFC examinations may also download the following document for guidance:A Guide to the Computer Based Examinations

ICAP-Workshop on TIME MANAGEMENT Muhammad Basheer Juma

WORKSHOP ON ‘TIME MANAGEMENT’ Muhammad Basheer Juma EY Afghanistan View
Presentation -1
Presentation -2


Presentation on Self and Time Management View
You Can Climb Up Study methods,Exam techniques Goal setting Time management and Career planning
Self and Time Management for Students

Special Package of Membership of Royal Palm Golf & Country Club


As you may be aware that Royal Palm Golf and Country Club, Lahore (RPGCC) is one of the most renowned clubs in Pakistan providing state of the art facilities to its members and their families. RPGCC offers wide range of services to its members and is an ideal place for sports, entertainment, leisure, business and social interaction. You may like to visit the website for getting more insight of the exclusive facilities and services being offered by RPGCC to its valued members.

In its endeavor to facilitate members in getting benefit of significant discounts and facilities from renowned businesses and social organizations, the ICAP has earlier signed an MOU in 18 February 2010 with the RPGCC. Key features of the then MOU were circulated to all ICAP Members vide e-mail dated 25 February 2010. On persistent demand of the ICAP members who could not enjoy privilege under the foregoing MOU, NRC initiated talks with RPGCC to work out details of Special Club Membership Package for ICAP members through a Corporate Membership of RPGCC.

We are pleased to inform you that the proposal submitted by RPGCC to ICAP for this exclusive membership package has been translated into another MOU and signed by both the Parties on 04 September 2014. Some of the key features of this Corporate Membership Package for ICAP Members are as follows:

1) Category of Membership: ICAP Corporate Membership
2) Price: a) b) 1) UPFRONT OPTION
Each member of ICAP will pay a total membership fee of Rs. 500,000 (Rupees Five hundred thousand) plus 10% tax upfront along with the membership application.

It will be in two phases as follows:· Rs. 275,000 (Rupees Two hundred seventy five thousand) upfront along with the membership application and· Rs. 275,000 Rupees Two hundred seventy five thousand) in two equal installments of Rs. 137,500 each (Rupees One hundred Thirty Seven thousand and five hundred) payable within eight months (two Four monthly installments) with post dated checks to be submitted with the application. 10% Tax will also be applicable.

MONTHLY SUBSCRIPTIONMonthly fixed fee is currently Rs. 4,500 for the couple and Rs 600 and Rs 2,000 for each child aged 5-18 years and 18-21 years respectively subject to change from time to time and as applicable on other members of RPGCC according to the prevailing rules and regulations. 10% Tax will also be applicable.

3) Entitlement of Facilities: All available facilities of the Club for Member + Spouse + all children under the age of 21 (first family members) as per prevailing rules.
4) Duration: Life time.Membership will be transferable to one of first family members any time during or after the life time of the Member by paying the prevailing transfer fee as prescribed by RPGCC.
5) Admission and Approval Criteria: As per the applicable rules, regulations and discretion of RPGCC as well as the confirmation of membership from ICAP, RPGCC reserves the right to refuse membership to any of the applicant in accordance with its prevailing rules and regulations.
6) Relationship/ Liability: After admission, the entire membership relationship and liability would be strictly between the Club Member and RPGCC without any involvement of ICAP. Also ICAP shall not be financially or otherwise liable for the conduct and actions of its members who would avail this plan
7) Validity of offer: Members of ICAP who would submit their complete application along with the respective upfront fee before 17 October 2014, subject to First Come First Serve basis. RPGCC will proceed with this special package only if it receives minimum 20 applications before the expiry of this offer.
8) Total No. of Seats: Maximum 40 memberships on First Come First Serve basis subject to meeting the prescribed admission criteria of RPGCC within the time period of validity of the offer, i.e. before 17 October 2014. RPGCC will maintain the track record of the applications being submitted so as to ensure that the applications are strictly processed in accordance with the First Come First Serve basis.

You would appreciate that the ICAP members have been offered this attractive opportunity by RPGCC through which they can avail the membership for themselves and their families at significantly attractive prices. Members willing to take up this offer should apply for membership before 17 October 2014. The membership is being offered by RPGCC for only 40 applications on a First Come First Serve basis. For further information and proceeding with the application process, please contact Mr. Omer Mir or Mr. Faisal Umer (Acting General Manager and Director Sales respectively of RPGCC) at 042 111 602 602.

Please note that this membership is not obligatory on any of the ICAP member and it is entirely the member’s sole discretion to avail this offer or not based on his/her own desire and judgment. Accordingly, ICAP is neither influencing any of its Member to opt for RPGCC membership option nor it has any responsibility whatsoever for this relationship between the ICAP Members and RPGCC.


The Institute of Chartered Accountant of Pakistan (ICAP) organized CA PAKISTAN SEMINAR AND JOB FAIR 2014 at ICAP Houses (Karachi and Lahore) on August 30, 2014. The initiative has been taken to set up a unique networking opportunity that puts different employers, qualified CAs and trainee students under one roof and provided them an opportunity to listen to the Industry experts and clutch advice for entering into the corporate world.

The seminar facilitated them to stay up to date on the latest changes in the modern corporate world and maintain a dialogue with industry professionals. They seminar emphasized the key aspects of today’s workplace change and underline the essentials that with the increased competition, how recently qualified CAs will need to plan well and take extra care to secure their position in corporate arena. The seminar was a comprehensive guide for them and the speakers provided them the capacity to learn incisively. At the end of the seminar Young CAs inquired about the working milieu of Corporate World and pursued meaningful questions.

Renowned Companies like Unilever Pakistan, Shell Pakistan, Total Parco, PEL, MCB, Herbion Pakistan (Pvt) Ltd, AJM Pharma, UBL Funds, Meezan Bank, Arif Habib Commodities, The Recruiters, A.F.Fergusons, KPMG and Deloitte Pakistan have participated in the job fair. The job fair was a source of information, contacts and interview experience for the young CAs as to meet the potential employers face to face provided them a multitude of benefits. Companies have collected their resumes; screening was also done on the spot by some of Organizations and increased confidence in their ability to interact with employers and communicate their accomplishments.

ICAP opens satellite office in Gujranwala

The Institute of Chartered Accountants of Pakistan (ICAP) inaugurated its satellite office in Gujranwala on Wednesday August 20, 2014. The President ICAP Naeem Akhtar Sheikh inaugurated the newly developed office of CA Pakistan. The Institute decided to exploit this area of opportunity solely for the privilege of our valued members, students and the profession of Chartered Accountancy adding to the existing network of 7000 members and 20,000 registered students.

A deliberate effort was made for the placement of ICAP Gujranwala office at an entrepreneurial and an active locale, the Gujranwala Business Center opposite Chamber of Commerce. The aim behind the extension of legacy is to support the creation or upgrading of facilities that are physically accessible, well illuminated, is responsive to the changing programs of educational delivery.

But the significance of this occasion extends beyond the establishment and opening of the office. The aspirations of the ICAP Gujranwala office, for what this extension will achieve for its faculty and staff and above all for its students and members in the years ahead is perhaps the most important dimension.

The procession was held under the honorary attendance of key ICAP officials, regional industrialists, our council Members, Media and other native executives.


Chartered Accountancy is truly a rewarding career capable of changing one’s destiny. It is our firm belief that no student should be kept from realizing his/her dream of Chartered Accountancy because of financial limitations. In this regard, ICAP has envisioned a Scholarship Program, under which the student will be provided full financial support in order to achieve his/her dream of becoming a Chartered Accountant.

The Program is designed especially for the students from small districts, villages, and cities throughout Pakistan who otherwise cannot afford the cost of the CA program.


CA TALENT Form (please download)

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Conference on Public Financial Management (Postponed)

We regret to inform you that the “Conference on Public Financial Management” is being postponed due to the uncertainty stemming from the current political scenario. The conference is now tentatively planned in the first week of October 2014.

In continuation to our earlier email dated July 13, 2014 on the subject, the “Conference on Public Financial Management” is being organized on August 28, 29 2014 at Serena Islamabad in collaboration with World Bank .

“Evolve and Emerge” – the theme of our forthcoming conference depicts the journey of Public Financial Management as an essential part of the development process around the world. The conference will showcase eminent speakers who will share their experiences and divulge how Public Financial Management has evolved and emerged into perhaps one critical factors for growth and sustainability.

You will be pleased to know that the two day conference will be graced by speakers from IFAC, World Bank, CIPFA , SAFA ,PIPRA ICAP stalwarts of profession and Government. We are confident that the event will be graced by the Honorable Prime Minister and Finance Minister of Pakistan and we are in constant touch with relevant offices for confirmations.

This conference presents a unique opportunity to the accountant fraternity as it brings together thought leaders, innovators and those who have created difference in the area of Public Financial Management.  To avail the benefits of this august gathering register now and secure your participation .The brochure for the conference is attached for your information.

Brochure Conference Secretariat 2014 ;

ICAP Online Conference Registration Form ;

ICAP entered into Discount Alliance with MCB for MCB Lite Card

In order to facilitate students of ICAP an accord between MCB-ICAP is signed in which students are entitled to avail various benefits of Credit / Debit facilities and access electronic banking for their routine transactions on MCB Lite Card portal.Features and Benefit:- MARCOM has initiated an exclusive discount deal with the MCB on their MCB Lite Card. MCB Lite is World 1st Socially Connected Payment Solution that saves time and money. It is a Virtual Bank account, in the cloud which acts like a normal Bank account with multiple added features and functionalities including Worldwide Internet Payments, POS Transactions, ATM Withdrawals, discounts on different brands etc.

By the virtue of this alliance, CA PAKISTAN students can avail the MCB Lite Card free of cost and enjoy endless benefits through the said portal.

Discount Condition:

  • ICAP students can avail the MCB Lite Card on submission of Rs. 1000/- and on 1st POS transaction, PKR. 1000 will be cashed back to them which mean the MCB Lite Card is free for ICAP students.
  • Total 5000 MCB Lite Cards under this alliance are available for ICAP students which can be availed on first come first basis.
  • Tenure of this promotion will be ending on December 31, 2014.

Note: For registration convenience, ICAP students can send the SMS ‘ICAP LITE’ and send to 6222.

ICAP – Asian Leadership & HRM Summit

Positions of Paper Setters/Examiners

The Institute of Chartered Accountants of Pakistan (ICAP) invites applications from suitably qualified persons for positions of Paper Setters/Examiners for subjects of Assessment of Fundamental Competencies (AFC), Certificate of Accounting and Finance (CAF) and Modules E&F of Final Examinations.
Click Here for Details