Canadian CA in Pakistan?

[BasimAli]

Hi, I just wanted to know if a Canadian CA designation acquired from Ontario is accepted in Pakistan to any extent? Do you need to receive additional CA experience in Pakistan, pass a few more exams or is it simply not accepted?

Thanks,
Basim

[kamranACA]

Dear Basim,


As per conditions, the under-mentioned specific exemptions as approved by the Council of ICAP are presently available

a. The examination and the training prescribed by the following Chartered Accountancy institutes will be treated as equivalent to the examinations and training prescribed under the Chartered Accountants Bye-Laws 1983 for the purpose of membership of ICAP

i. The Institute of Chartered Accountants in England & Wales (ICAEW);

ii. The Institute of Chartered Accountants in Ireland (ICA Ireland);

iii. The Institute of Chartered Accountants in Scotland (ICAS);

iv. The Institute of Chartered Accountants in Australia (ICAA); and

v. The Canadian Institute of Chartered Accountants (CICA).

Provided that if such members desire to start practice as Chartered Accountants, they will have to pass the papers of "Advanced Taxation" and "Corporate Laws" of the Final examination and also undergo training with a firm in practice in Pakistan for one year if their training did not involved atleast 50% training with a firm / in practice.

For further details you can visit

http//www.icap.org.pk/web/links/496/forotherprofessionalqualifications.php

I hope it would be beneficial.


Regards,


KAMRAN.