| Paper |
Permitted book |
| CFAP-1 Advanced Accounting and Financial Reporting |
Handbook of International Financial Reporting Standards and ICAP Code of Ethics for Chartered Accountants (as prescribed from time to time with current version being Revised 2019). |
| CFAP-2 Advanced Corporate Laws and Practices |
- Anti-money Laundering Act, 2010
- Anti-money Laundering Regulations, 2015
- Companies (Distribution of Dividends) Regulations, 2017
- Companies (Further Issue of Shares) Regulations, 2020
- Companies (General provisions and forms) Regulations, 2018
- Companies (Incorporation) Regulations, 2017
- Companies (Investment in Associated Companies or Associated Undertakings) Regulations, 2017
- Companies (Postal Ballot) Regulations, 2018
- Companies (Related Party Transactions & Maintenance of Related Records) Regulations, 2018
- Companies (Manner and Selection of Independent Directors) Regulations, 2018
- Companies Act, 2017
- Companies Ordinance, 1984
- Competition Act, 2010
- Corporate Rehabilitation Act 2018
- Corporate Rehabilitation Regulations, 2019
- Corporate Restructuring Companies Act, 2016
- Corporate Restructuring Companies Rules, 2019
- Employees Contributory Fund (Investment in Listed Securities) Regulations, 2018
- Foreign Exchange Manual of State Bank of Pakistan
- ICAP Code of Ethics for Chartered Accountants (as prescribed from time to time with current version being Revised 2019)
- Insurance Ordinance, 2000
- Listed Companies (Buy- Back of Shares) Regulations, 2019
- Listed Companies (Code of Corporate Governance) Regulations, 2019
- Listed Companies (Substantial Acquisition of voting shares and Takeovers) Regulations, 2017
- NBFC (Establishment and Regulation) Rules 2003
- Pakistan Stock Exchange Rule Book
- Payment System and Electronic Fund Transfer Act, 2007
- Private Placement of Securities Rules, 2017
- Public Offering Regulations, 2017
- Public Sector Companies (Corporate Governance) Rules, 2013
- Securities Act, 2015
- The Banking Companies Ordinance, 1962
- The Non-Banking Finance Companies and Notified Entities Regulations, 2008
|
| **Note: Hard copies of the books will not be permitted in the examination hall. Link to digital versions of the Bare Acts will be provided in the examination software |
| Rules and Regulations made thereunder shall be permitted |
| CFAP-4 Business Finance Decisions |
*Formula sheets will be provided by the Institute. (please click here) |
| CFAP-5 Tax Planning and Practices |
- Income Tax Ordinance, 2001 and related rules
- Sales Tax Act, 1990 and related rules
- The Provincial Sales Tax Acts
- The Islamabad Capital Territory (Tax on Services) Ordinance, 2001
- Federal Excise Act, 2005 and related rules
- ICAP Code of Ethics for Chartered Accountants (as prescribed from time to time with current version being Revised 2019)
|
| **Note: Hard copies of the books will not be permitted in the examination hall. Link to digital versions of the Bare Acts will be provided in the examination software. |
| CFAP-6 Audit, Assurance and Related Services |
Handbook of International Auditing and Assurance Pronouncements and ICAP Code of Ethics for Chartered Accountants (as prescribed from time to time with current version being Revised 2019). |
| MSA-1 Financial Reporting and Assurance Professional |
Any five books in total from amongst those books specified for subjects comprising this paper. |
| MSA-2 Management Professional Competence |
Any five books in total from amongst those books specified for subjects comprising this paper. |
| (ii) |
Only the original books duly bound shall be permitted. |
| (iii) |
Examinees shall be permitted to highlight or underline the text in the permitted books. |
| (iv) |
Any decision taken by the Institute regarding permission to carry a book in the examinations shall be final. |
| *297th meeting of the Council held on May 9,2018 and 221st Meeting of Examination Committee on October 26,2018 |
*373rd Council Meeting held on September 22-23, 2023
** 375th Council Meeting – November 16-17, 2023
