The Institute of Chartered Accountants of Pakistan (ICAP/Institute), a self-governing autonomous body, was formed under the Chartered Accountants Ordinance, 1961 for the purpose of regulating the accountancy profession. ICAP offers great service to the nation by fostering and nurturing young talent for leadership through its robust education and examination system throughout the years, producing high caliber professionals. ICAP sets forth and enforces the highest standards of qualification, education, training, professional development, service quality and ethical practices.

It is committed to promote the profession in the best public interest. ICAP promotes professional excellence through developing, monitoring and enforcing the highest standards of competence and ethical conduct. ICAP continues to support and facilitate not only its members but also the government, the regulators and the business community at large. The Institute, being the custodian of the accounting profession in Pakistan, has gradually evolved processes to ensure transparency, accountability and good governance within the profession.

Simultaneously, the Institute has firmly established itself as a premier institution which produces qualified accountants, who are not only in high demand within the country but have also made a mark for themselves outside Pakistan.

Copyright Business Recorder, 2019

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