ICAPs CA FINAL (CFAP) Transition Policy: i. The first CFAP shall - TopicsExpress



          

ICAPs CA FINAL (CFAP) Transition Policy: i. The first CFAP shall be offered in Winter 2016 attempt. ii. The first MSA shall be offered in Summer 2017 attempt. iii. ( The persons who join training on or after January 1, 2015 shall be required to pass CFAP examinations and MSA to qualify as chartered accountants. iv. The persons who commence training before January 1, 2015 shall be eligible to appear in Modules E and F examinations up to Summer 2016 to qualify as chartered accountants. v. The persons who commence training before January 1, 2015 and are unable to qualify as chartered accountants by Summer 2016 attempt: (a) shall be given credit in CFAP according to the equivalencies specified in this paragraphafter Summer 2016 attempt; (b) Up to Winter 2017 attempt, shall be required to pass remaining papers of CFAP and “Information Technology Management, Audit and Control” and “Management Accounting” based on last applicable syllabus of Module E and F to qualify as chartered accountants; and (c) shall be subjected to regulation on limitation on attempts as a fresh examinee for remaining papers of CFAP. (vi) Those persons who commence training before January 1, 2015 and are unable to qualify as chartered accountants by Winter 2017 attempt: (a) shall be given credit in CFAP according to the equivalencies specified in this paragraph; (b) shall appear in remaining papers of CFAP and MSA to qualify as chartered accountants; and (c) shall be allowed six further attempts, for each paper of CFAP. Provided that thosepersons who pass or are exempted from any three papers of CFAP shall have unlimited number of attempts. (vii) Effective from Winter 2016 attempt, the persons who join training before January 1, 2015 may opt in writing to obtain credit of their passed papers according to the equivalencies specified in this paragraph and attempt remaining papers of CFAP and MSA to qualify as chartered accountant. They shall be subjected to regulation on limitation on attempts as a fresh examinee for remaining papers of CFAP Source: icap.org.pk/wp-content/ uploads/training_Dept/edu/Educationtrainin gScheme2013.pdf
Posted on: Sun, 25 Jan 2015 09:42:33 +0000

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