Members of the Institute may practice as sole proprieter or through a partnership firm. The CA Ordinance 1961 does not allow members of the Institute to have an audit practice in the form of company limited by liability. Although management consultancy practices may be formed as limited liability companies. A member desirous to start practice must obtain a certificate of practice from the Institute.
Ceritficate of Practice
A member may apply on prescribed form "E" alongwith job release certificate from last employer for a certificate entitling him to practice as a Chartered Accountant or Management Consultant except those who obtained membership by affiliation. The members who have obtained membership by affiliation are required to pass the papers of Advanced Taxation and Corporate Laws of the CA Professional examination before they become eligible for a Certificate of Practice.
The fee for Certificate of Practice is Rs. 6600 (July 1, 2011) for Associate members, and Rs.8800 (July 1, 2011) if the member is fellow of ICAP.
Partnerships
In case of starting practice through a partnership firm, attested / notarised photocopy of Partnership deed is required to be submitted.
The particulars of offices and firms, functioning as partnership should be submitted to the Institute in prescribed form "C" duly completed and originally signed by all partners. (A fresh form is required to be submitted whenever any change in partnership takes place).
(L-R) ICAP KSA President Amin Qureshi, Majlis Shoura member & NCB Economist Dr. Said Al Shaikh, Pakistan Ambassador to KSA Muhammad Naeem Khan, ...
Photographs of ICAP Golden Jubilee Seminar at Riyadh held on February 1, 2012 has been uploaded. Click Here View Pictures
Election notice for CASA(S) scheduled on February 28, 2012 Click Here
C.A. Final Winter 2011 examinations results will be announced on Tuesday, 31 January 2012. Click Here
Dear Member, In order to celebrate five magnificent decades of upholding integrity, inculcating professionalism and enhancing ...
Upcoming Workshops at Center for Executive Education (CEE), IBA, ...
Dear Member, Center for Executive Education (IBA) is organizing the following programmes in January / February 2012. ...
Dear Member, (REDC) LUMS is organizing a three day programme on Financial Derivatives: Managing Risk in Troubled Times ...
Dear Member, The current tax-to-GDP ratio in Pakistan is considered low to attain and maintain sustainable economic growth. The government is ...
Dear member, In its endeavor to facilitate members and students in getting benefit from renowned management training institutes, ICAP ...
We are glad to inform that an MoU has been signed with European Federation of Accountants & Auditors (EFAA) on 2nd November 2011 during ...
The Council of the Institute of Chartered Accountants of Pakistan (ICAP) in its meeting held on September 17, 2011 elected office bearers for the ...
IFRS 2011 (Part A and B) are now available at all the offices of ICAP at the following ...
We are pleased to inform you that on the day of ICAP Golden Jubilee Celebrations on July 1, 2011 a web archive of articles published in ...
The year 2011 is an imperative milestone for the “Institute of Chartered Accountants of Pakistan”. On the magnificent occasion of ...
A Chapter established outside Pakistan will provide liaison for the functions stated hereunder Click Here
Addition time fifteen Minutes Click Here
My dear Honourable Members As you would no doubt be aware that your Institute would inshaAllah be fifty years old on July 1, 2011. The Council has ...
We are pleased to inform that members can now access PERN2 Digital library resources from their location through Internet. In order to ...
Member Identification Tags (ITags) are being dispatched on a daily basis. A total of 3,500 ITags have already been ...
