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ICAP Exemptions for ACCA, CIMA and ICMA

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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 Exemptions

The exemptions from the following papers will be granted to the students who have passed all examinations of ACCA, CIMA and ICMAP:

Qualification: ACCA

Pre-entry Proficiency Test
Module - A
Module - B
Module - C
Module - D
Qualification: CIMA

Pre-entry Proficiency Test
Module - A
Module - B
Module - C
Module - D
Qualification: ICMAP

Pte-entry Proficiency Test
Module - A
Module - B
Module - C
Module - D
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 CIMA.

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