The Institute of Chartered Accountants of Pakistan (ICAP) established under The Chartered Accountants Ordinance, 1961 is a professional self-regulatory body, operating under the CA Bye Laws 1983 and represents accountants employed in public practice, business and industry, and the public and private sectors.
The Institute was formed with the purposes of regulating the Chartered Accountancy profession in Pakistan. ICAP is the sole examining body for the candidates aspiring to become Chartered Accountants, in addition to its regulatory role in the country. The Institute monitors and develops the profession through it rigorous quality control both for members and students and standard setting. Apart from its core functions, ICAP contributes in promoting corporate governance, formulating economic policies of federal and provincial governments including budget preparation with focus on taxation.
