Page 18 - Newsletter-April-2016

Newsletter The Institute of Chartered Accountants of Pakistan Examination News feedback Assessment of Fundamental Competencies Stage Examinations CONGRATULATIONS, ICAP The result of Assessment of Fundamental Competencies I want to congratulate (AFC), Spring 2016, was declared on April 11, 2016. 2,103 The Institute of Chartered (51.3%) students passed the AFC as compared to 1,017 Accountants of Pakistan (ICAP) (49.5%) students in the previous session. on joining the Chartered Accountants Worldwide (CAW) Summer 2016 AFC will commence from June 13, 2016. as an associate member. This Dates of examination fee submission are available was made possible because on ICAP’s website. Exact date and time of AFC will be of ICAP's continuing efforts communicated to each student through his/her admit and innovation. Also, I liked card. the latest issue of ICAP Newsletter (March 2016) which carried attracting features, graphics and news. Certificate in Accounting and Finance – Isam Ali Khan, Faisalabad, CRN-56410 Stage Examinations The result of Certificate in Accounting and Finance ROOM FOR IMPROVEMENT Examinations, Spring 2016, will be declared on May 17, Thanks a lot for sending me the March 2016 ICAP 2016. Newsletter. Overall, its’ good, but there’s still room for improvement. I have a few suggestions: There should be CA Final Examinations Summer 2016 one piece on any of the subjects offered in CA; one article CA Final Examinations, Summer 2016, will be held should encompass Do's and Dont's for trainee students from June 6–9, 2016. Examination program can be (in firms); and as the failure rate in CA is the highest as downloaded from ICAP’s website. compared to all other professional certifications, hence, one article may encompass motivational aspects. Test of Writing Skills – Hafiz Muhammad Shoaib Asghar Kahut, Islamabad, CRN-62991 The test of writing skills will be held on June 10, 2016. IMBALANCE BETWEEN WORDS & PICTURES Admit Cards All examinees MUST bring their admit card in the I appreciate the efforts of ICAP's Publications team on improving the standard of ICAP newsletter and The examination hall. Admit cards are dispatched 10 Pakistan Accountant over the past year. However, I days before commencement of examination and feel that the emphasis is enhancing a lot on including simultaneously a copy of the admit card is placed in the photos of facilitators, guests, participants and memento student’s secure area at the ICAP website. Students who distribution. An example is the coverage of ICAP seminar do not receive admit cards through mail, may print their on New Auditor Reporting Model – A Fundamental admit cards from their secure area and bring it with them Shift in March 2016 newsletter (pages 6-9), which in the examination hall. includes 35 pictures of the event. I believe this is creating an imbalance between pictures and words, and I Examinees would NOT be allowed to enter the recommend using lesser pictures. examination hall without admit cards. – Muhammad Faheem, R-No. 5069 Computer Based Examinations – Practice NEWSLETTER FOR ALL STUDENTS Test (Beta Version) It would be so good if every student could get the ICAP In order to enhance students’ understanding of the Newsletter in hard form. Most of the students do not like Computer Based Examinations Application, ICAP has or get to read it in soft copy. We are looking forward to a designed a Practice Test (Beta) that may be accessed positive response to our request. through students’ secure login area at the ICAP’s – Zeeshan Aftab website. 18 April 2016