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+--- Thread: Pakistan Institute of Public Finance Accountants (/showthread.php?tid=482)
Pakistan Institute of Public Finance Accountants - Muhammad Adnan Arshad - 12-09-2003
PAKISTAN INSTITUTE OF PUBLIC FINANCE ACCOUNTANTS(PIPFA)-
(Setup under license from Securities and Exchange Commission of Pakistan under Section 42 of the Companies Ordinance, 1984).
ADDRESS-
Head Office 1005, Park Avenue, 10th Floor, 24-A, Block-6, P.E.C.H.S, Shara-e-Faisal , Karachi.
Tel 021-4380451-52 Fax021-4524871
Website www.pipfa.org.pk E-mailinfo@pipfa.org.pk
ORGANIZATION-
Pakistan Institute of Public Finance Accountants - PIPFA was established in October 1993 jointly by Institute of Chartered Accountants of Pakistan (ICAP), Institute of Cost & Management Accountants of Pakistan (ICMAP) and Department of Auditor General of Pakistan (AGP) to provide accounting education and develop accounting professionals both for the corporate and public sectors.
PIPFA is registered with the Securities & Exchange Commission of Pakistan (SECP) as public company limited by guarantee under Section 42 of the Companies Ordinance 1984. The Memorandum and Articles of Association of the Institute are registered with SECP and members' right to amend the same is subject to approval of SECP. PIPFA is a nonprofit organization wholly committed to accounting education and development. The name of the institution at inception was 'The Association of Accounting Technicians of Pakistan' (AAT). In August 2000, the present name was adopted.
PIPFA's members are known as Associate Public Accountant - APA and Fellow Public Accountant - FPA. The current (May 2003) membership exceeds 2,750 and covers professionals working in industry, trade and services in both public and private sectors. By May 2003, over 10,000 students have already joined PIPFA's Corporate Sector Education Stream. Public Sector Stream of education is to start in near future.
The 12-member Board of Governors, comprising three members from each of the sponsoring bodies and another three directly elected (every three years) by PIPFA members, manages the affairs of the Institute. The Board is supported by number of standing committees including Executive Committee, Examination Committee, Board of Studies, Publication & Seminar Committee and Regulation & Discipline Committee. The Board elects the honorary Office Bearers of the Institute each year from among its members. President is the Chairman of the Board and also Chief Executive. Executive Director is the Chief Operating Officer.
The Head Office of the institute is located at Karachi. There are branch offices at Lahore and Faisalabad
MISSION-
Identification, development and delivery of Knowledge and
to provide a structure
for the training of accounting professionals
in the specialist areas.
AFFILIATION & CONNECTION-
PIPFA is the associate member of International Federation of Accountants (IFAC), the world organization for the accounting profession. IFAC's mission is to develop and enhance the profession to enable it to provide services of consistently high quality in the public interest. Its current membership consists of 155 professional accounting bodies in 113 countries representing more than 2.4 million accountants in practice, education, government service, industry and commerce. PIPFA, ICAP and ICMAP are the only three institutions of Pakistan having representation with IFAC.
The three sponsoring bodies - Institute of Chartered Accountants, Institute of Cost & Management Accountants and Department of Auditor General of Pakistan have continuous stakes in running the affairs of PIPFA through combined representation of 75% on the Board of Governors.
SPONSORING BODIES-
1. Institute of Chartered Accountants of Pakistan (ICAP)
Chartered Accountants Avenue,Clifton,
Karachi-75600.
Telephone 021-9251636-39, Fax 021-9251626
E-mail info@icap.org.pk
Web Site www.icap.org.pk
2. Institute of Cost & Management Accountants of Pakistan (ICMAP)
ST-18/C, Block 6,Gulshan-e-Iqbal,
Karachi-75300.
Telephone 021-9243900, 01, 02 & 04
E-mail ed@icmap.com.pk
Web Site www.icmap.com.pk
3. Department of Auditor General of Pakistan (AGP)
Constitution Avenue,
Islamabad.
MARKET VALUE OF APA"S & FPA"S-
The employment opportunities in Accounting and related field has been going strong. But the demand is for persons having specialized knowledge and excellent professional skills. PIPFA develops professional accountants of high standing who are capable to start career at middle level, the need for which is over four times that of the top-level professionals. PIPFA's professionals gradually move to positions of higher responsibilities. They are already eligible to become chief financial officer or company secretary of a listed public company being member of 'a recognized body of professional accountants', which is the leading qualification prescribed in the Code of Corporate Governance applicable to over 700 companies listed on the stock exchanges in Pakistan. Eligibility for Chief Financial/Accounts Officers of Non Bank Finance Companies (NBFC) is under active consideration with SECP.
PIPFA provides top quality Professional Education fully commensurate with the demands of present era of Perfection, Specialization and Professionalism. The distinctive feature of PIPFA's program is to make available high quality of education at easily affordable cost. There are two streams of education - Corporate Sector open to all and the Government Sector exclusively for the eligible Government employees working in Department of Auditor General of Pakistan (AGP), affiliated/related departments and some Government owned entities. The Government Sector program is to be launched in near future. The Corporate Sector program is successfully functioning and Over 10,000 students have already joined the program (till May 2003).
After qualifying examinations and getting membership, you join the elite society of professional accountants. PIPFA's qualification is ready recognition of professional standing and opens up bright career in industry, trade and services in both public and private sectors. There is additional opportunity of having a ladder to become a Chartered Accountant, Cost & Management Accountant or some other professional qualification by availing various exemptions available to PIPFA qualified or members.
If you are a Master or Graduate or qualified at least Intermediate or equivalent examinations you can become the Accounting Professional in a short span of time at easily affordable cost. You can do it more conveniently if you have some specified qualification eligible for exemptions. There is no pre-entry test.
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Edited by - Muhammad Adnan Arshad on Jan 08 2004 114239 AM
- alibaba - 12-10-2003
a-0-a,
yeh itna lamba chora item kyu post kar deya hay iss ko read kon karay ga.
regards
S H A H B A Z A L I
- alibaba - 12-10-2003
a-0-a,
kindly contact ali4u3 only he has extra time to read this. and only he wants 2 know the market value of pipfa.
S H A H B A Z A L I
- ali4u3 - 12-10-2003
abb mai kia bolo i think mai ais site say hi chala jata hoo bcz i think shabaz bahi jann ko koi problem hai mujh say ...
kyu shabaz bahii...? waise yarr yeh tum nay aitna detaile mai likha kyu hai ..plz ais ko sumjha bhi doo naa
Never seek advice from a Chartered Accountant. They are trained to find problems not solutions.
- ali4u3 - 12-10-2003
abb mai kia bolo i think mai ais site say hi chala jata hoo bcz i think shabaz bahi jann ko koi problem hai mujh say ...
kyu shabaz bahii...? waise yarr yeh tum nay aitna detaile mai likha kyu hai ..plz ais ko sumjha bhi doo naa
Never seek advice from a Chartered Accountant. They are trained to find problems not solutions.
- alibaba - 12-13-2003
a-0-a
dear ali aap hi ko feekar hay pipfa ki market value ki.tu aab aap kyu jaa rahay hu.
S H A H B A Z A L I
- ali4u3 - 12-13-2003
yarr bcz app mujh ko kuch bata hi nahe rahy hoo buss baat ko ghomaa rahy hoo
Never seek advice from a Chartered Accountant. They are trained to find problems not solutions.
- alibaba - 12-13-2003
a-0-a,
bhai aap bhi tu professional student hoo jab bhi nahi samaj saktay..
regards.
S H A H B A Z A L I
- alibaba - 12-27-2003
a-0-a,
where are you ali4u3 bhai i want to say something related to ya.
S H A H B A Z A L I
- Mahtab - 05-28-2005
AOA
where are you ali4u3 bhai i want to say something related to ya
Ali Baba where are you Ali4u3 is now active inthe forum
Thanks
Mahtab
- Muhammad_Annas - 06-01-2009
My Dear Friend,
PIPFA is just an entrance route for Professional Career
Which provides alot of exemptions in different qualifications but u cannot depend on it for ur entire career
Your Pay scale depends upon ur experience
initially u may get around (10,000-15,000)
But the broader view i-e exemptions available to PIPFA qualified students
>ICAP MFC A & B
>ACCA 2 papers
>CIMA 4 papers
>BBA(Hons)from University Of Central Punjab
(completely exempted on submission of Research Thesis)
>MBA from PIMSAT
(In only 1-1/2 year)
>PIPFA qualified with 2years experience can get admission in any graduate course in Williams College of London
RE: Pakistan Institute of Public Finance Accountants - Mahtab - 06-07-2014
"PIPFA is just an entrance route for Professional Career, Which provides alot of exemptions in different qualifications but u cannot depend on it for ur entire career"
"Your Pay scale depends upon ur experience initially u may get around (10,000-15,000)"
"But the broader view i-e exemptions available to PIPFA qualified students
>ICAP 7 Papers of AFC & CAF (CA Inter)
>ACCA 2 papers
>CIMA 7 papers
>ICMAP 7 Papers
RE: Pakistan Institute of Public Finance Accountants - Mahtab - 06-11-2014
In ICAP after PIPFA Students will exempt in 7 papers of AFC & CAF and
just appear and pass the 6 remaining papers of CAF and Will be CAF (ICAP) (Certificate in Accounting & Finance) and
may use CAF after their names Like APFA, CAF
In CIMA after PIPFA Students will exempt in 7 papers i.e.
5 of Certificate in Business Accounting (Cert.BA) and
2 of CIMA Diploma in Management Accounting (CIMA DMA) and
just appear and pass the 1 remaining paper of CIMA Diploma in Management Accounting and
Will be Certificate in Business Accounting (Cert.BA) and CIMA Diploma in Management Accounting (CIMA DMA) and
may use CIMA Cert.BA and CIMA DMA after their names Like APFA, CIMA Cert.BA, CIMA DMA.