Canadian CPAs seeking membership with the Institute of Chartered Accountants of Pakistan

Learn about the eligibility of Canadian CPAs applying for membership with the Institute of Chartered Accountants of Pakistan (ICAP) under the memorandum of understanding (MOU).

Effective February 28, 2017, the Memorandum of Understanding on Reciprocal Membership Arrangements (MOU) was ratified between all Canadian CPA bodies and the Institute of Chartered Accountants of Pakistan (ICAP).

CPA members seeking membership with the ICAP

Members in good standing with a Canadian provincial CPA body who have:

  • more than two years of post-designation experience will be eligible for membership with the ICAP with no additional requirements
  • less than two years of post-designation experience will be subject to a review of their practical experience obtained pre- and post-qualification

All experience must have been gained as a member of a Canadian provincial CPA body.

CPA members seeking to practise as a Chartered Accountant in Pakistan

CPA members who fulfill the conditions to earn the ICAP designation as mentioned above and desire to practise accounting in Pakistan as a ICAP member:

  1. will be required to pass the papers of Advanced Taxation and Corporate Law of the Final Examination
  2. must have at least two years of post-qualification training with training organization(s) in practice or they shall undergo further training with training organization(s) in practice to complete the aggregate training of two years with training organization(s) in practice

CPA members seeking the rights to practise public accounting as a Chartered Accountant in Pakistan

Access to audit rights and the ability to certify any document are not part of this MOU. CPA members may be required to meet further requirements to gain access to these rights.