need info about CA & Pipfa - Printable Version

need info about CA & Pipfa - Printable Version

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need info about CA & Pipfa - muhammad zaid - 06-16-2005

hi, my name is zaid and i am fsc pre medicle student
and secured 421 marks in part 1,
and have taken the exams of part 2,

i am intrested in CA or the thing like that,
plz send me informtions about ca ,,
is it too difficult to do,,,,,,

in which institute it should do,?
its summestors?
and

someone had told me that pipfa will less your a whole year\
of CA ,,, should i do pipfa ?

- Mahtab - 06-16-2005

AOA

Zaid

Please Visit the Link below

http//www.accountancy.com.pk/forum3/search.asp?mode=DoIt

Click on the "Search Form" on the Top Left side

Then Type PIPFA or ICAP or CA in "Search For"

and you will get easily all the informations you want

Regards

Mahtab

Edited by - Mahtab on Jun 16 2005 123124 PM

- muhammad zaid - 06-17-2005

thank you mahtab
but this link is not working
there is some problem ,
plz give me information about ca and pipfa
some outline ........
about its institutes ,,and summesters etc
when admissions starts???

that would be mostly awefully kind of you..

- Karachi King - 06-17-2005

PIPFA's website is not working therefore i am asking you guys. i have heard that 2 years articleship is required to become APA. is this neessary to do that articleship from an auditing firm or we can do it from anywhere else.

Aneel

- naam_thegreat - 06-18-2005

Mahtab saab mujhe bhi kuch guide karo i have my bachelors degree in commerce what will be the best path further to enhance my career???

~O~N~E~

- Nauman - 06-18-2005

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by sam
 If u can join ACCA do it because in CA one should already have the grasp knowledge of the subjects.
<hr height="1" noshade id="quote"></blockquote id="quote">

How much are you getting paid to do ACCA advertisig, every post you make starts with ACCA and ends with ACCA.

Regards
Nauman-ul-Haq

- Mahtab - 06-18-2005

AOA Zaid

Some infomaion about PIPFA from PIPFA Brochure

"CAREER AS PROFESSIONAL ACCOUNTANT JOIN PAKISTAN INSTITUTE OF PUBLIC FINANCE ACCOUNTANTS (PIPFA) The Professional accounting body established by
Institute of Chartered Accountants of Pakistan (ICAP)
Institute of Cost & Management Accountants of Pakistan (ICMAP)
Auditor General of Pakistan (AGP)
Associate Member of International Federation of Accountants

MESSAGE TO STUDENTS
The Job market of Accounting and I.T. is going strong. One has to equip him with the specialized knowledge and professional skill in order to capture the opportunities from the vast market. Pakistan Institute of Public Finance Accountants (PIPFA) develops middle level professional accountants, the need for which is over four times that of the top-level professionals(from ICAP,ICMAP,ACCA,CIMA etc.)

If you are a Master/Graduate degree holder or
qualified Intermediate/equivalent examinations or
partly cleared ICAP/ICMAP,(ACCA/CIMA etc.)
you can join PIPFAâs professional accounting education program to become Associate Public Accountant-APA.The APA qualification is ready recognition of high professional standing and enables to pursue bright career in industry, trade and services.

PIPFA provides top quality Professional Education fully commensurate with the demands of present era of Perfection, Specialization and Professionalism. There are well over 9,000 registered students with PIPFA and the number is growing. After qualifying PIPFA examinations and becoming a member- initially Associate and later on Fellow Public Accountant, you join an elite society of professional accountants.

You also get additional opportunity of having a ladder to become a CHARTERED ACCOUNTANT or COST & MANAGEMENT ACCOUNTANT by availing various exemptions in respective institutes.

PIPFA was established in 1993 jointly by Institute of Chartered Accountants of Pakistan (ICAP), Institute of Cost & Management Accountants of Pakistan (ICMAP) and Auditor General of Pakistan (AGP). It is a professional accounting body having license from Securities & Exchange Commission of Pakistan under section 42 of the Companies Ordinance, 1984. The three sponsoring bodies-ICAP, ICMAP & AGP have stakes in running the affairs of PIPFA through presence of their three nominees each on the Board of Governors.

The affairs of the Institute are managed by a twelve-member Board of Governors, which comprises nine members coming from the three sponsoring bodies and three elected from among the members. The Board is supported by standing committees for Examination, Studies, Publication & Seminars etc. PIPFA is non-profit institution.

The MISSION of PIPFA is identification, development, and delivery of Knowledge and to provide a structure for the training of accounting professionals in the specialist areas.

ASSOCIATION WITH THE INTERNATIONAL ACCOUNTING BODY
PIPFA is an Associate member of International Federation of Accountants (IFAC). IFAC is the worldwide organization for the accountancy profession. Its 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 162 professional accounting bodies in 119 countries, representing more than 2 million accountants in practice, education and service. ICAP, ICMAP and PIPFA are the institutions having representation at IFAC from Pakistan.

PIPFA has at present (June 2005) more than 3,250 MEMBERS who are working in industry, trade and services in both public and private sectors. The membership is rapidly expanding. Associate membership known as Associate Public Accountant (APA) is granted on qualifying PIPFA examination and 2 years practical experience or on the following basis

ICAP Fully qualified / PE-1 or PE-2 / Group I or II of old syllabus

ICMAPFully qualified / Upto Prof- III / Upto Part IV of old syllabus.

The Fellow membership known as Fellow Public Accountant (FPA) is allowed on five years standing as APA or upon fellow membership of ICAP or ICMAP.

PROFESSIONAL DEVELOPMENT & CONTINUING EDUCATION
Like other professional accounting bodies PIPFAâs members have life long association with it. PIPFA arranges Seminars, Courses and other activities as part of continuing professional education (CPE) to constantly update the professional information and knowledge of its members (CPE credit hours also accepted by ICAP, ICMAP etc.). PIPFA also publishes a monthly Newsletter to keep members and students abreast with the latest development in accounting profession and related filed.

Members also have opportunities for inter-action with the elite community of accountants at national level, access to special studies and information, participation in Branch Committees (6 Committees already functioning in major cities), election of three members of Board of Governors and other avenues of professional development.

EDUCATION PROGRAM
The education program is divided into three stages with following 13 subjects

FOUNDATION

Business Communication & Behavioral Studies
Financial Accounting I
Mercantile Law / Economics
Business Mathematics & Statistics

INTERMEDIATE

Financial Accounting II
Cost Accounting
Auditing
Company Law / Taxation
Information Technology

FINAL

Advanced Financial Accounting
Cost & Management Accounting
Corporate Laws & Practices
Advanced Taxation

PIPFA students are required to attain in-depth understanding of concepts and principles, acquire conceptual knowledge of the subject and achieve proficiency in the practical application of the knowledge.

(The details of Syllabus and other related matters are given in PIPFAâs students Hand Book available at PIPFA Contact Offices for Rs.50/- and can also be obtained through mail against demand draft / pay order of Rs.80/-)

COACHING AND EXAMINATION
Each stage of the program requires a period of about 6 months including 5 months for coaching and self-study. Examinations are held twice a year, normally in May and November. The coaching classes are conducted during January to April for examination in May and during July to October for examination in November.

PIPFA maintains faculty of well-qualified teachers having practical knowledge of the field. The classes are conducted under PIPFAâs own supervision as well as through Approved Educational Institutions covering all major cities. PIPFA supervised classes are at present held at Karachi and Lahore. about 18 Approved Institutes are at present working at Karachi (3), Lahore (3), Faisalabad (4), Multan (2), Peshawer (2), Islamabad (1), Sheikhupura (1), Gujranwala (1) and Sialkot (1). The coaching arrangement helps students prepare better for the examination. There is no correspondence course available now.

ADMISSION ELIGIBILITY
The qualification required for entry into PIPFA education program is Intermediate or higher education from a recognized educational institution.
Exemptions are available for Graduates and Post-Graduates in commerce and business administration as well as partly qualified from professional accounting institutes and they do join PIPFA in large number. MBA, M.Com, FE-I & II qualified from ICAP and upto Prof-II qualified from ICMAP can appear in the Final Stage with exemptions of 9/10 papers.
B.Com can appear in Intermediate Stage with exemption of 7 papers. Exemptions are also available for other relevant qualifications in the field.

Students awaiting results of Intermediate, B. Com etc. can be allowed provisional admission. Some students find it more convenient to join PIPFA while studying in B.Com.

EXEMPTIONS TO PIPFA QUALIFIED
Following institutions grant exemptions to PIPFA qualified persons

ICAP PPT & Modules A & B (New Foundation)
(upon qualification of all PIPFA Examinations).

ICMAP Entry test & Foundation I & II courses
(Upon PIPFAâs membership)

ICSP 4 Papers of Group 1 & 2
(Upon PIPFAâs membership)

CIMA,UK 4 papers- 3 of Foundation + 1 of Intermediate stage
(Upon PIPFAâs membership)

Other professional bodies like ACCA, U.K. also allow exemptions.

FEE STRUCTURE
Registration Fee (first time) Rs.450/-
Coaching Fee for Foundation* Rs.6,500/-
Annual Subscription Fee Rs.350/-
Coaching Fee for Intermediate* Rs.7,500/-
Examination Fee (Per Paper) Rs.175/-
Coaching Fee for Final* Rs.8,000/-
Exemption Fee (Per Paper) Rs.175/-
*Above Coaching Fees is for all the subjects of relevant Stage. Reduced fees chargeable for coaching in some subjects.

PIPFAâs PUBLIC/GOVT. SECTOR COURSE
In addition to the Corporate or Private Sector Education Program mentioned above, PIPFA also has Government or Public Sector Education Program. Auditor General of Pakistan has allowed PIPFA to conduct examination of their candidates under the Government Sector Program for which the syllabus has been designed and approved. The Program is likely to be implemented from 2002-2003.

PIPFA qualification has since been notified as one of the required qualification for the positions of Assistant Accounts Officer / Assistant Audit Officer through S.R.O 17(1) / 2000 dated January 22,2000 issued by office of the Auditor General of Pakistan, Government of Pakistan and published in the Gazette of Pakistan of the same date. Ministry of Finance, Government of Pakistan, vide its letter No F-1(24) Imp/90 dated 19th June 99, has also given its consent to the grant of qualification pay to the PIPFA qualified (Government Sector) officials @ Rs.200/- per month.

PIPFA OFFICES
Head Office
1005, Park Avenue, 10th Floor,
24-A, Block 6, Lal Kothi,
P.E.C.H.S., Shara-e-Faisal,
Karachi-75400.
Postal Address
1005, Park Avenue, 10th Floor,
24-A, Block 6, Lal Kothi,
P.E.C.H.S., Shara-e-Faisal,
Karachi-75400.

Telephones 021-4380451-52
Fax 021-4524871
E-mail info@pipfa.org.pk & pipfa@cyber.net.pk
Web Site www.pipfa.org.pk (Not working Today)
Assistant Director (Education) 021-4380451-52/Ext 23
Assistant Director (Members Affairs) 021-4380451-52/Ext 23
Director Examination 021-4380451-52/Ext 23
Chief (Accounts & MIS) 021-4380451-52/Ext 23
Executive Director 021-4380451-52/Ext 25,
021-4524872
Lahore
42-Civic Centre, Barkat Market, New Garden Town, Lahore.
Tel # 042-5838111 E-mail pipfalhr@cyber.net.pk

PIPFA CONTACT OFFICES

Lahore
Mr. Azhar Hussain Azhar Zafar & Co., Chartered Accountants,
1st Floor, Attiya Building, 8-Bank square, Lahore. Tel # 7351670

Islamabad
Mr. Choudhry Inayat Ali, Regional Director ICMAP, Plot # 16,
Sector H/9, Islamabad. Tel # 4434915-6
Islamabad
Avais Hyder Zaman Rizwani & Co., Chartered Accountants, 76-W, Umer Plaza, 2nd Floor, Right Wing, Jinnah Avenue,
Blue Area, Islamabad. Tel # 2875109

Rawalpindi
M. Hanif & Co., Chartered Accountants, Room No. 302, Shahbaz Plaza, Bank Road, Rawalpindi Cant. Tel # 5518384.

Faisalabad
Mr. Suleman Zahid Jamil, Zahid Jamil & Co., Chartered Accountants,
3rd Floor, Al Jamil Plaza, 356-A, Peoples Colony,
Faisalabad. Tel # 725065-68

Peshawar
Mr. M Ahmed Shahid, Shahid Ahmed & Co., Chartered Accountants,
2nd Floor, Jan Arcade, Islamia Road,
Peshawar Cantt.Tel # 273007-8

Sialkot
Mr. Zulfiqar A Nasir, Nasir & Co., Chartered Accountants, Riaz Plaza,
Paris Road, Sialkot. Tel # 265194, 594754

Multan
Mr. Mahmood-ul-Hassan, Deputy Director ICMAP, Shalimar Colony,
Bason Road, Multan Tel # 224301

Quetta
Mr. Salman Ahmed Baig, Manager (F&A), Bolan Mining Enterprises,
BME House, Model Town, Quetta. Tel # 824317."

Regards

Mahtab

- muhammad zaid - 06-18-2005

thank you mahtab
and other guys

any other suggestion plz..........

- Mahtab - 06-18-2005

Aneel
<BLOCKQUOTE id=quote>quote<hr height=1 noshade id=quote>PIPFA's website is not working therefore i am asking you guys. i have heard that 2 years articleship is required to become APA. is this neessary to do that articleship from an auditing firm or we can do it from anywhere else <hr height=1 noshade id=quote></BLOCKQUOTE id=quote>
<BLOCKQUOTE id=quote>quote<hr height=1 noshade id=quote>Passed all the examinations of PIPFA and acquired two years experience before, during or after passing the examinations of PIPFA <hr height=1 noshade id=quote></BLOCKQUOTE id=quote>
Only Two years Practical Experience required NOT articleship from Audit Firms you can do it from anywhere as per my information
Thanks
Mahtab

- Mahtab - 06-18-2005

AOA
Naam_thegreat
I am agree with Sam

<BLOCKQUOTE id=quote>quote<hr height=1 noshade id=quote>If u can join ACCA do it because in CA one should already have the grasp knowledge of the subjects <hr height=1 noshade id=quote></BLOCKQUOTE id=quote>

as an alternate you can Join CA of ICAP

Thanks

Mahtab

- Mahtab - 06-18-2005

AOA Zaid Sorry in Adv.for Difficultry in reading it
<BLOCKQUOTE id=quote>quote<hr height=1 noshade id=quote>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. It is a non-profit 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 membership exceeds 2,700 and covers professionals working in industry, trade and services in both public and private sectors. The number of Registered students in the Corporate Sector stream is aboutr 10,000. Public Sector stream of education is to start in near future.The head office of the institute is situtated at Karachi. There are branch offices at Lahore and Fasialabad. MISSION Identification, development and delivery of Knowledge and to provide a structure for the training of accounting professionals in the specialist areas.AFFILIATION & CONNECTION PPIPFA is the associate member of International Federation of Accountants (IFAC), the world organization for the accounting profession.The two other accounting bodies having membership of IFAC from Pakistan are ICAP and ICMAP. 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 119 countries representing more than 2.4 million accountants in practice, education and service. PIPFA also has links with other professional accounting forums. The three sponsoring bodies - Institute of Chartered Accountants, Institute of Cost & Management Accountants
and Department of Auditor General of Pakistan have stakes in running the affairs of PIPFA through combined representation of 75% on the Board of Governors. The 12-member Board of Governors, comprising three members from each of the sponsoring bodies and another three directly elected by PIPFA members, manages the affairs of the Institute.SPONSORING BODIES
1. Institute of Chartered Accountants of Pakistan (ICAP)
Chartered Accountants Avenue,Near Teen Talwar Chowrangi
Clifton, Karachi-75600.
Telephone 021-9251636-39, Fax 021-9251626
E-mail info@icap.or.pk
Web Site www.icap.org.pk
2. Institute of Cost & Management Accountants of Pakistan (ICMAP)
ST-18/C, Block 6, Near Nip Chowrangi
Gulshan-e-Iqbal, Karachi-75300.
Telephone 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.
BOARD OF GOVERNORS The affairs of the Institute are managed by 12-member Board of Governors comprising nine members nominated by the three sponsoring bodies and three members elected by the members of PIPFA in the general body meeting every three years. The nominees of Institute of Chartered Accountants of Pakistan and Institute of Cost & Management Accountants of Pakistan nominate are their council members. The nominees of Department of Auditor General of Pakistan are Officers of Director General or higher level.
About Membership
PIPFA's members fall in two categories -- Associate and Fellow.
Associate Public Accountants use designatory letters APA &
Fellow Public Accountants use designatory letters FPA.
â¢ PIPFA's Membership covers the entire accounting community of Pakistan and comprises
PIPFA qualified,
Members of ICAP/ICMAP,
Fully qualified from ICAP/ICMAP,
All but Final part qualified from ICAP/ICMAP,
SAS Examination of AGP or Equivalent Examination Qualified,
Govt. Officers of Audit & Accounts Service who qualified FPO Examination of FPSC
â¢PIPFA's over 2,700 members are working in industry, trade and services in both public and private sectors.
â¢Members are eligible for the positions of chief financial officer or company secretary of listed public companies under the Code of Corporate Governance being member of a recognized body of professional accountants.
â¢PIPFA (Government Sector) qualification has since been notified as one of the required qualification for the positions of Assistant Accounts Officer / Assistant Audit Officer through S.R.O 17(1) / 2000 dated January 22, 2000 issued by Office of the Auditor General of Pakistan, Government of Pakistan.
â¢Ministry of Finance, Government of Pakistan, vide its letter No F-1(24) Imp/90 dated June 19, 1999, has also given its consent to the grant of qualification pay to the PIPFA qualified (Government Sector) officials @ Rs.200/- per month.
â¢PIPFA members avail continuing professional education through seminars, workshops and other professional activities to constantly update the professional information and knowledge (CPE hours earned by PIPFA members are also accepted by ICAP/ICMAP etc.).
â¢PIPFA Members/Qualified can avail various exemptions in acquiring qualifications from ICAP, ICMAP, Institute of Chartered Secretaries & Managers, Institute of Corporate Secretaries of Pakistan, Chartered Institute of Management Accountants (CIMA), UK and other professional bodies.
â¢PIPFA publishes monthly Newsletter to keep members and students abreast with the latest development relating to accounting profession.
â¢PIPFA members also have opportunities for inter-action with the elite community of accountants at the national level, access to special studies and information, election of representatives on Board of Governors and Branch Committees and other avenues of professional development.
Membership Criteria
Associate Public Accountant - APA (a)Passed all the examinations of PIPFA and acquired two years experience before, during or after passing the examinations of PIPFA.(b)Membership of ICAP or ICMAP.
©Fully qualified from ICAP/ICMAP.(d)Passed ICAP's PE-I or Group I or II of old C.A. Final.(e)Passed ICMAP's Upto Professional III or Upto part IV of old syllabus.(f)IDC Officers of Department of Auditor General of Pakistan (belonging to Audit & Accounts Service) who have passed FPO Examination of Federal Public Service Commission (FPSC).
(g)Qualified SAS Examination of Department of Auditor General of Pakistan or equivalent examination.
Fellow Public Accountant - FPA(a)At least five years standing as an APA.(b)Fellow membership of ICAP or ICMAP.
PIPFA members in major cities elect Branch Committee for arranging seminars, work shops and meetings for advancement of accounting professiuon in general and professional development of PIPFA members and students in particular. Branch Committees comprise of six members, who elect from among themselves a Chariman and a Secretary. The Committee functions under the PIPFA Bye-laws. At present Branch Committees are functioning in six cities- Karachi, Lahore, Islamabad, Peshawar, Quetta and Faisalabad. More committees are likely to be established in other cities in near future.
ELIGIBILITY FOR ADMISSION The minimum qualification required for entry into the education program is Intermediate from a recognized education board or equivalent foreign qualification acceptable to PIPFA. Students having higher education - graduation, master degree or partly qualified from ICAP, ICMAP or ACCA, UK etc. are encouraged to join the education program and they form the majority in the students' strength.
REGISTRATION Students intending to joining PIPFA's education program have to submit admission application on prescribed Registration Form along with necessary documents and fees. Details of Registration Requirements. Registration can made any time during the year but generally students get registered during December-January and June-July corresponding with begining of coahcing classes for Summer and Winter Examinatios respectively. Students Handbook The Students Handbook containing all necessary details like Registration, Exemption, Examiantion, Syllabus etc. are available with PIPFA Offices and Contact Offices at a price of Rs. 50. The Handbook can also be obtained through courier or mail from PIPFA Head Office at Karachi at a price of Rs.80 payable through Demand Draft or Pay Order drawn on any bank branch at Karachi. EXEMPTION FOR SOME QUALIFICATIONS
Exemptions are available on qualifying any part or paper from ICAP, ICMAP or ACCA, UK. Exemptions are also available on qualifications of MBA, M.Com, B.Com, BBA, MA (Economics), CAT, LLB, Diploma or Graduation in IT, Graduation/Master Degree with study of relevant subjects, qualifications from Corporate/Chartered Secretaries and Taxation Management institutes and other relevant qualifications.
EXEMPTION SCHEME The exemptions at present available to PIPFA students on the basis of their qualifications in the relevant field from other institutions are as follows ICAP Modules A to D All papers of Foundation, all papers of Intermediateand two papers of Final (Corporate Laws & Practices and Advanced Taxation).ICAP FE-I & II All papers of Foundation, all papers of Intermediate and one paper of Final (Corporate Laws & Practices). ICAP Articleship Completed All papers of Foundation.ICAP Part or Paper passed Exemptions available on qualifying any part as well as on subject to subject basis for both old and new courses as per details of Exemption to ICAP/ICMAP/ACCA Partly Qualified.ICMAP Upto Professional-II All papers of Foundation, all papers of Intermediate and 2 papers of Final (Cost & Management Accounting & Corporate Laws & Practices).ICMAP Part or Paper passed Exemptions available on qualifying any part as well as on subject to subject basis for both old and new courses as per details of Exemption to ICAP/ICMAP/ACCA Partly Qualified. ACCA,UK Upto Part-III All papers of Foundation, all papers of Intermediate and two papers of Final (Cost & Management Accounting andAdvanced Financial Accounting).ACCA,UK Part or Paper passed Exemptions available on qualifying any part as well as on subject to subject basis as per details of Exemption to ICAP/ICMAP/ACCA Partly Qualified.University MBA/M.Com All papers of Foundation, all papers of Intermediate and Cost & Management Accounting of Final subject to adequate coverage of PIPFA's relevant syllabus and qualification acquired from a recognized institution.
University B.Com/BBA All papers of Foundation and 3 papers of Intermediate(Cost Accounting, Auditing and Company Law & Taxation) subject to adequate coverage of PIPFA's relevant syllabus.ACCA,UK CAT All papers of Foundation and 2-1/2 papers of Intermediate (Cost Accounting, Auditing and Company Law).University Graduation or Masters All papers of Foundation subject to adequate coverage of PIPFA's relevant syllabus.University L.L.B Mercantile Law of and Company Law.University or Board Diploma or Graduation in IT information Technology.ICSP or ICS&M Final Complete or Membership Company Law and Corporate Laws & Practices (for Institute of Corporate Secretaries of Pakistan and Institute of Chartered Secretaries & Managers).ITM Final Complete or Membership Taxation and Advanced Taxation (for Institute of Taxation Management)Exemption cases not covered in the general policy (mentioned above) but otherwise deserving on the basis of qualification in the relevant field can be considered individually. Exemptions are available upon full qualification except in case of ICAP/ICMAP/ACCA where part qualification or pass in any paper is considered.The exemptions specified above particularly for MBA, M. Com and B. Com/BBA are the maximum available dependent on adequate coverage of PIPFA's syllabus and qualification acquired from recognized institution. There is no prospect of considering exemptions beyond the maximum available hence no claim should be filed in this respect.EXEMPTION CLAIM Students desiring to avail exemptions should file their exemption claim on the prescribed Exemption Form or its copy along with the fees and attested copies of Degree/Certificate and Transcript/Mark Sheet of the qualification on the basis of which exemption is sought.The claim for exemption should be filed immediately on registration but notlater than February 15 for those appearing in Summer Examination and by August 15 in case of Winter Examination.Exemptions are optional. Those who do not want to avail exemption can do so without any formality.Exemptions are allowed according to the policy enforce at the time of grant of exemption for which PIPFA issues Exemption Certificates as evidence of acceptance of exemption claim.PRE-EVALUATION OF EXEMPTION Candidates can have pre-evaluation of their eligibility for exemption before actual enrollment or registration with PIPFA. For the purpose they should send transcripts/marks-sheets of their qualififications to PIPFA Head Office. They should also submit details of course contents where the course coverage is not very explicit from the transcripts/marks-sheets. Pre-evaluation is suggested particularly in the cases of MBA/ M. Com qualified persons.
COACHING ARRANGEMENT Before attempting any examination of PIPFA, it is obligatory for a candidate to attend at least once the coaching classes in the relevant subjects at PIPFA Supervised or Approved coaching centers. The coaching arrangement helps students prepare better for the examination and also impart knowledge useful for the practical life. The coaching classes are conducted usually from January to April for Summer Examination in May/June and from July to October for Winter Examination in November/December. The relaxation from attending coaching classes can be considered in the exceptional case when student is living at a place where arrangement for approved classes are not available and application for the relaxation is submitted at the begining of the session. Such students are supposed to maintain correspondance address of the same place as they are actually living.There is no correspondence course available.
COACHING FACILITIES Coaching facilities are at present available at Karachi, Lahore, Islamabad/ Rawalpindi, Peshawar, Faisalabad, Multan, Sheikhupura, Gujranwala, Sialkot Rahim Yar Khan, Bhawalpur and Hyderabad. The faculty comprises of well-qualified teachers having practical knowledge of the field. The classes are conducted under PIPFA's own supervision (at Karachi and Lahore presently) as well as through Approved Educational Institutes.PIPFA SUPERVISED COACHNG CENTERS PIPFA supervised classes at Karachi are conducted in the Institute of Chartered Accountants of Pakistan's Head Office Building at Chartered Accountants Avenue, Near Teen Talwar at Clifton. The supervised classes at Lahore are held at PIPFA's Lahore Office premises at 42-Civic Center, Barkat Market New Garden Town.
The class timings are 5-30 pm to 8-30 pm. The scale of fee chargeable for coaching is separately given. The students who had previously attended the compulsory classes but rejoin PIPFA Supervised Centers for re-fresher studies in any paper is granted 50% concession in coaching fees. Concession of 25% in coaching fees is also allowed to real brothers/sisters attending the coaching classes in the same session. In deserving cases coaching fees are allowed for payment in 2-3 installments. There is no other concession or relaxation in the fees.PIPFA maintains panel of approved educational institutes for coaching on financial year basis. At present (March 2003) 22 APPROVED EDUCTIONAL INSTITUTES are on the panel registered for 2002-2003 and located at - Karachi (2), Lahore (3), Islamabad/ Rawalpindi (2), Peshawar (2), Faisalabad (4), Multan (2), Sheikhupura (1), Gujranwala (2), Sialkot (1) Rahim Yar Khan (1), Bhawalpur (1) and Hyderabad (1).
The scale of coaching fees of approved institutes is required not to be less than those prescribed by PIPFA for its own supervised classes.
Students are advised to obtain prior confirmation from PIPFA that particular approved institute where they intend to enroll for coaching is validly registered with PIPFA during relevant financial year. The approved institutes are only concerned with providing coaching facility. Rest of the matters e.g. registration, exemption, examination etc pertain to PIPFA.SUBJECTS OF STUDY The course of study is divided into three stages with the following thirteen subjects
A. FOUNDATION STAGE
1. Business Communication & Behavioral Studies
2. Financial Accounting I
3. Mercantile Law & Economics
4. Business Mathematics & Statistics
B. INTERMEDIATE STAGE
1. Financial Accounting II
2. Cost Accounting
3. Auditing
4. Company Law & Taxation
5. Information Technology
C. FINAL STAGE
1. Advanced Financial Accounting
2. Cost & Management Accounting
3. Corporate Laws & Practices
4. Advanced Taxation
Each stage of the program requires minimum period of about six months. Examinations are held twice a year, normally in May and November.GRID SYSTEM The examination of each subject is divided into two sets - an Objective Test and Subjective Questions.
In setting a paper the examiner will aim to achieve the following grids or weightage to the objective test component and the testing of knowledge and application thereof.
MCQS / SFQS 25
WT 75
Total 100
MCQS = Multiple Choice Questions
SFQS = Short Form Questions
WT = Descriptive and Computational Questions
The above grids are independent of marks allocated in specification grids prescribed in the syllabus of each subject. The grids are given for guidance purpose only and minor deviations in the setting of a question paper may be expected.The subject-wise weightage or grid is given in the Syllabus of each subject. Those weight ages are indicative of broad distribution of different topics of a subject and there would be some deviation with actual weightage assigned in the question papers.EXAMINATION PROGRAM
The examinations are held twice a year during May/June and November /December. The indicative dates for submission of Examination forms are 2nd week April for Summer Examiantion in May
2nd week of October for Winter Examination in 2nd Week October
The Examination forms are accepted with 100% late fees within 5-7 days after close of the normal due date and with 200% late fees till 7 days before the start of Examination. The exact dates of examination and submission of forms are, however, notified separately through monthly Newsletter. Students are advised to obtain pertinent information in time from PIPFA Offices. Admit Cards and Grade Sheets containing result of examination are delivered through PIPFA Offices or Contact Office located in the city where examinations are held. Students should collect their Admit Cards personally between 2 to 7 days before the commencement of examinations and the Grade Sheets between 15 to 30 days after announcement of results from the relevant offices. ATTEMPT FOR EXAMINATION For the first time, a candidate has to attempt only one Stage of Examiantion. The candidate who has once attempted the Foundation examination (but could not clear the same wholly or partly) can next time attempt both Intermediate and Foundation examinations simultaneously. The candidate who has once attempted Intermediate Stage can appear in Final and Intermediate stages simultaneously provided he has completely cleared (by passing or exemption) the Foundation Stage. In no case a candidate is allowed to appear in more than two Stages at a time. The candidates awaiting result of B. Com are at present allowed to directly appear in the non-exempt two papers of Intermediate Stage in anticipation of exemption available upon their qualifying B. Com and resultant clearance of Foundation Stage completely.BASIS OF PASSING Examinations of Foundation and Intermediate stages can be passed on paper to paper basis. But the Final Sage examination is to be passed as a group with the following exception a)A candidate who secures 'A Grade' in any subject of Final Stage is allowed permanent pass in only that subject
b)A candidate who is successful in all papers of Final Stage except in one paper may be referred and allowed to take at the two immediately succeeding examinations that paper or a section of the paper again instead of reappearing in all the papers. A candidate who has failed to pass or has not attempted any paper or papers of any stage may offer himself again for that paper or papers on any subsequent occasion in such manner and within such period as may be prescribed by Board of Governors from time to time.EXAMINATION APPLICATION AND DATE Application for examination is to be submitted on the prescribed form, a copy of which may be obtained from Head Office, Zonal/Regional Branch of PIPFA or Contact office. The application duly completed is to be sent so as to reach PIPFA's Head Office at Karachi or Branch Office at Lahore by the prescribed date. Application for examination will be accepted only if the students have paid all dues and all other requirements are duly met.
The applications are accepted with 100% and 200% late fee within notified period after the closing date for submission of the application without any late fees. ADMIT CARD / ROLL NUMBER
Admit cards bearing Roll number of the candidates are delivered to them through PIPFA Offices or Contact Offices located in the city where examinations are held. These should be collected from these offices seven days before commencement of the examination. In case a candidate does not receive his Roll Number by this time he/she should immediately contact the Examination Department at Head Office by telephone on # 021-4380451 or 021-4380452 or Fax # 021-4524871.
Students are advised to write their full names as well as mailing address on ther examination application legibly and in Block Letters to ensure correct mailing delivery at the stated address. The examination applications, which do not meet these requirements, can be rejected summarily.CHANGE OF EXAMINATION CENTRE
A student whose application is accepted for a particular examination may change his centre at least 15 days before the commencement of the examination.USE OF CALCULATORS Candidates are allowed to use simple (and permitted models of scientific) calculators in the examination hall. They are, therefore, advised to bring calculators without programming with them. Only those log books and other calculating devices that are supplied by the examination authorities of the Institute at the Centres should be used. ADJUSTMENT OF EXAMINATION FEE
The examiantion fees once paid is not refunded. It can be considered for adjustment in the next examiantion in the exceptional circumstances where a candidate applies for the same before the last date of submission of forms (without late fees) for relevant examination and PIPFA is satisfied that the candidate was actually prevented from attending an examination on account of circumstances beyond his control. In all other circumstances the examiantion fees lapse.. RESULT OF EXAMINATION The Grade Sheets containing the result of examination are delivered through PIPFA Office or Contact Offices for all students except those residing in places other than the city where examinations are held. The result of out-station candidates is sent at the mailing address on the record. In case the student does not receive it within a month from the date of official announcement of result, Controller Examination at PIPFA Head Office should be approached.PIPFA does not enter into any correspondence with students as to the reasons for failure in an examination, re-totaling of Answer Scripts or other matter. The Examination Certificate is issued after the student completes all stages of the examinations.
RECHECKING OF ANSWER SCRIPT A candidate who desires rechecking of his answer script in any subject may do so by sending a request in writing to the Controller of Examinations along with fee at the @ Rs.500/- per paper in the shape of Demand Draft Payable to PIPFA Karachi.CONTACT OFFICES The information centers at cities other than Karachi and Lahore also work as Contact Offices for delivery of Admit Cards and Grade Sheets.OTHER INSTRUCTIONS The candidates should follow the guidelines about Preperation & Peformance and Instructions to the Examinees given in the Studnets Handbook. The should also keep themselves aware of dates of examiantion etc. and important announcements or policy changes published in montly Newsletter. FEE & CHARGES Fees and charges are payable to PIPFA through Demand Draft or Pay Order made in favour of 'Pakistan Institute of Public Finance Accountants' or 'PIPFA and payable at any bank branch at Karachi. In case payment is deposited at PIPFA Lahore or Faisalabad Office the Demand Draft or Pay Order is to be drawn on any bank branch at Lahore or Faisalabad as the case may be. No Cash payment is accepted. Payments are also not accepted in money order, postal order or cheque. All payments are acknowledged through Official Receipt with pre-printed serial number and duly signed by the officer receiving the payment.
1. Students Registration Fee (First Time) Rs. 450
2. Restoration of Registration Rs. 500
3. Students Annual Subscription(Financial Year basis)Rs. 350
4. Examination/Exemption Fee (per paper) Rs. 175
5. Rechecking of paper (per paper) Rs. 500
6. Duplicate Grade Sheet/Special Examination Certificate Rs.100
7. Duplicate Examination Certificate Rs. 300
8.Coaching Fees (For PIPFA Supervised Centers at Karachi and Lahore)
Foundation (4papers) Rs.6,500
Intermediate (5 papers) Rs.7,500
Intermediate (2 papers) Rs.3,000
Final (4 papers) Rs.8,000
Final (3 papers) Rs.6,000
9. Coaching Fees (For PIPFA Approved Educational Institutes) Not less than at No. 8 above Note Coaching Fees of Approved Educational Institutes are payable to the Institutes against their official Receipt. All other payments are to be made to PIPFA.M E M B E R S
1. Members Admission Fee Rs. 650
2. Annual Subscription for Associate Member (APA Rs. 700
3. Annual Subscription for Fellow Member (FPA) Rs. 900
4. Duplicate Membership Certificate Rs. 300
HEAD OFFICE AT KARACHI Postal Address
1005, Park Avenue, 10th Floor, 24-A, Block 6, Lal Kothi,
P.E.C.H.S., Shara-e-Faisal,Karachi-75400.
Telephones 021-4380451-52 Fax 021-4524871
E-mail info@pipfa.org.pk pipfa@cyber.net.pk
Web Site www.pipfa.org.pk
Assistant Director (Education) 021-4380451-52/Ext 23
Assistant Director (Members Affairs) 021-4380451-52/Ext 23
Director Examination 021-4380451-52/Ext 23
Chief (Accounts & MIS) 021-4380451-52/Ext 23
Executive Director 021-4380451-52/Ext 25, 021-4524872
BRANCH OFFICES L A H O R E
Postal Address 42-Civic Centre, Barkat Market,
New Garden Town, Lahore.
Telephones 042-5838111 Fax 042-5866896
E-mail pipfalhr@cyber.net.pk
Assistant Director 042-5838111
F A I S A L A B A D
Postal Address Room # 2, 2nd Floor, Kuwait Plaza,
Soosan Road, Madina Town, Fasialabad.
CONTACT OFFICES Brochure and Students Handbook available at following Contact Offices Choudhry Inayat Ali, Regional Director ICMAP,
Plot # 16, Sector H/9,Islamabad. Tel # 4434915-6
Avais Hyder Zaman Rizwani & Co., Chartered Accountants, 76-W,
Umer Plaza, 2nd Floor, Right Wing,Jinnah Avenue, Blue Area,
Islamabad. Tel # 2875109
M. Hanif & Co.,Chartered Accountants, Room No. 302, Shahbaz Plaza, Bank Road, Rawalpindi Cant.Tel # 5518384.
Mr. M. Ahmed Shahid,Shahid Ahmed & Co., Chartered Accountants, 19-A,
Jamrud Lane, University Town,Peshawar Tel # 5701605-7
Mr. Salman Ahmed Baig,Manager (F&A), Bolan Mining Enterprises,
BME House, Model Town,Quetta.Tel # 824317.
Mr. Azhar Hussain,Azhar Zafar & Co., Chartered Accountants, 1st Floor, Attiya Building, 8-Bank square,Lahore.Tel # 7351670
Mr. Suleman Zahid Jamil,Zahid Jamil & Co.,Chartered Accountants,3rd Floor,Al Jamil Plaza,356-A, Peoples Colony,Faisalabad.Tel# 725065-68
Mr.Muhammad Akram,Akram & Co., Chartered Accountants,Kuwait Plaza, Soosan Road,Madina Town,Faisalabad. Tel # 724323
Mr. Ghazanfar Mahmood,Azhar Zafar & Co., Chartered Accountants,A-3, Trust Plaza, GT Road,Gujranwala, Tel # 712499, 712599
Mr. Zulfiqar A. Nasir,Nasir & Co., Chartered Accountants,Riaz Plaza, Paris Road,Sialkot. Tel # 265194, 594754
Mr. Mahmood-ul-Hassan,Deputy Director ICMAP, Shalimar Colony, Bason Road,Multan. Tel # 224301
(Setup under liscense from Securities and Exchange Commission of Pakistan under Section 42 of the Companies ordinance, 1984)
1005, Park Avenue, 10th Floor, 24-A, Block-6, P.E.C.H.S, Shara-e-Faisal , Karachi. Fax021-4524871 E-mailinfo@pipfa.org.pk<hr height=1 noshade id=quote></BLOCKQUOTE id=quote>
Regards
Mahtab

- Mahtab - 06-18-2005

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Mahtab

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- Mahtab - 06-18-2005

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Mahtab

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- Mahtab - 06-18-2005

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Mahtab

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- Mahtab - 06-18-2005

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Mahtab

Edited by - Mahtab on Jun 25 2005 23428 PM