Professional Documents
Culture Documents
Chartered Accountants
of Pakistan
Directive 1.14
I>eceDlber31,2010
11ris 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:
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
D Cost Accounting I
•
Behavioral Studies
D CompanvLaw
•
I D Cost Accounting
D Information Technology
B. Effective date
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.
Shoaib Ahmed
Secretary