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06-19-17 Companies Acts, 2017
06-7-17 The Pakistan Accountant – April – June 2017
06-1-17 Newsletter June 2017

Stipend Rates

SCHEDULE OF STIPEND RATES 2016-17 AND 2017-18

1. CAF Passed or equivalent thereto (Training period 3.5 years):

Criteria W.e.f. 01-07-16 Rupees per month W.e.f. 01-07-17 Rupees per month
On Commencement of Training 10,600 11,100
On Passing any three papers of CFAP 14,500 15,200
On Passing all papers of CFAP/ any three papers of CFAP and one MSA or equivalent 20,000 21,000
On Passing all the prescribed examinations required to become member of the Institute 40,000 42,000

2. Four year Graduate degree holders from Specified Degree Awarding Institutes/ Four year degree holders from any recognized Degree Awarding Institute with major in accounting or finance (Training period 3 years):

Criteria W.e.f. 01-07-16 Rupees per month W.e.f. 01-07-17 Rupees per month
On Commencement of Training 13,200 13,900
On Passing any three papers of CFAP 14,500 15,200
On Passing all papers of CFAP/ any three papers of CFAP and one MSA or equivalent 20,000 21,000
On Passing all the prescribed examinations required to become member of the Institute 40,000 42,000

3. All other Qualifications (Training period 4 years):

Criteria W.e.f. 01-07-16 Rupees per month W.e.f. 01-07-17 Rupees per month
On Commencement of Training 9,300 9,800
On Passing any three papers of CFAP 14,500 15,200
On Passing all papers of CFAP/ any three papers of CFAP and one MSA or equivalent 20,000 21,000
On Passing all the prescribed examinations required to become member of the Institute 40,000 42,000