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+--- Thread: Icap new exemptions (/showthread.php?tid=9350)
Icap new exemptions - Basics - 01-06-2011
Brother
what is the new policy regarding Acca,cima ,icmap from 1 april 2011.I am on cell phone so unable to read it.Plz post details here.
- Basics - 01-06-2011
Please post details.I am not able to read pdf file.Are exemptions reduced?
- wicky - 01-06-2011
well dear i dont hav the link but 4 acca qualified now only 7 papers of inter r exempt.
thx
- Salmancert - 01-06-2011
NOTIFICATION ON EXEMPTIONS TO CAN1)II>ATES WHO HAVE PASSSEI> EXAMINATIONS OF ACCA, CIMAANI> ICMAP
This is to notify that the Council of the Institute of Chartered Accountants of Pakistan has reviewed the present exemption policy of the Institute in its meeting held on December 24, 2010 and has decided the following
A Available exeDlptions
The exemptions from the following papers will be granted to the students who have passed all examinations of ACCA, CIMA and ICMAP
Qualification
ICAP
lCAPPaper
Additional Condition
Module
i
1.
ACCA
Pre-entry Proficiency Test
A
Functional English
A
Quantitative Methods
B
Introduction
to
Financial
Accounting
i
i
C
Financial Accounting
C
Taxation
Exemption
will
be
granted
to
only i
i
those candidates who have passed
F6 Taxation (Pakistan variant)
D
Cost Accounting
D
Auditing
Exemption
win
be
granted
to
only
those candidates who have passed
F8 Audit and Assurance; and
P7 Advanoed Audit and Assurance,
i
i
2.
ClMA
Pre-entry Proficiency Test
,
A A
Functional English Quantitative Methods
B
Introduction to Economics &
i
Finance
B
Introduction
to
Financial
i
Accounting
C
Financial Accounting
I
D
Cost Accounting
I
(Established under the Chartered Accountants Ordinance. 1961-X of 1961)
-_..... ----Chartered
AccounlantsAvenue, Clifton, Karachi-75600 (Pakistan) Ph (92-21) 111 000422 Fax 9251626 . . . -l ⢠t;;\"
CONTINUED
Qualification
ICAP
lCAPPaper
Additional Condition
I
,
Module
⢠3.
rCMAP
Pte-entry Proficiency Test
I
A
Functional English
A
Quantitative Methods
,
B
Introduction to Economics &
Finance
B
Introduction
to
Financial
Accounting
B
Mercantile Law
C
Financial Accounting
C
Taxation
C
Business
Communication
&
,
Behavioral Studies
â¢
D
CompanvLaw
I
D
Cost Accounting
â¢
D
Information Technology
B. Effective date This Directive will. become effective from April 1, 2011.
C. Repeal Effective April 1, 2011 this Directive supersedes the Council's Directive 2.02 to the extent that
the said Directive relates to ACCA and eIMA.