Institute of Cost and Management
Accountants of Pakistan
Constituted under Cost and Management Accountants Act, 1966
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Welcome to Institute of Cost and Management ::::: ICMAP

Exemptions to Members / Qualified Students

Exemptions granted to ICMAP Members/Qualified Students by National and International Accounting Institutions

 
Chartered Institute of Management Accountants (CIMA - UK)
ICMA (Pakistan) & CIMA (UK) STRATEGIC ALLIANCE
  • AICMAP & CIMA entered into MoU to allow mutual advanced entry for Members into both accountancy bodies.
  • The MoU introduces a new CIMA Professional Gateway Examination for ICMAP Associate and Fellow Members, enabling a fast track route and enter into CIMA's strategic level examination.
  • Mutual Exchange of study material developed by each Institute and assist in the development of study materials and in this regard copyright of each Institute's works shall be maintained at all time.
The Association of Chartered Certified Accountants (ACCA, UK)
Fundamentals Level

F1- Accountant in Business

F2- Management Accounting

F3- Financial Accounting

F4- Corporate and Business Law

 
Fundamentals Level

F1- Accountant in Business
F2- Management Accounting
F3- Financial Accounting
F4- Corporate and Business Law
F5- Performance Management
F7- Financial Reporting
F9- Financial Management

 
     
Sr. Papers Exempted Basis of Exemption
1   F1 Accountant in Business AB   Full Course Completion
2   F2 Management Accounting MA   Full Course Completion
3   F3 Financial Accounting FA   Full Course Completion
4   F4 -Corporate and Business Law CL   Business Laws (S-103) PLUS Corporate Laws & Secretarial Practices (S-403)
5   F5 Performance Management PM   Cost and Management Accounting Performance Appraisal (S-303) PLUS
Management Accounting-Decision Making (S-502)
6   F7 Financial Reporting FR
  Advanced Financial Accounting and Analysis (S-401) PLUS
Financial Reporting (S-501)
7   F9 Financial Management FM   Strategic Financial Management (S-601)
The Institute of Chartered Accountants England and Wales
Professional Stage

- Accounting
- Business and Finance
- Law
- Management Information and
- Financial Accounting

The National Academic Recognition Information Centre for the United Kingdom (UK NARIC)
ICMAP Cost and Management Accountants   British Bachelor (Ordinary) Degree
Examination Certificate: ICMAP Associate Cost & Management   British Postgraduate Certificate
Accountant: ICMAP Fellow Cost & Management   British Postgraduate Diploma
The Society of Management Accountants (CMA, Canada)
(Entrance Examination)
  • Economics
  • Corporate Finance
  • Financeial Accounting (introductory, intermediate, and advanceed)
  • Human Resources
  • Informaion Technology
  • Internal Control
  • Management Accounting (introductory, intermediate, and advanceed)
  • Markrting
  • Operations Management
  • Statistics
  • Strategic Management
  • Taxation
Institute of Internal Auditors (IIA, USA)
 
Topics:

A. Strategic Management (20-30%)
B. Global Business Environments (15-25%)
C. Organizational Behavior (15-25%)
D. Management Skills (20-30%
E. Negotiating (5-15%)

The Institute of Chartered Accountants (ICA, Pakistan)
Modular Foundation Examinations
Module - A
  • Functional English
  • Quantitative Methods
Module - B
  • Introduction to Economics and Finance
  • Introduction to Financial Accounting
  • Mercantile Law
Module - C
  • Financial Accounting
  • Taxation
  • Business Communication and Behavioral Studies
Module - D
  • Company Law
  • Cost Accounting
  • Information Technology
The Institute of Chartered Secretaries (ICS, Pakistan)
Module - A, Group-1
  • Economics Environment
  • Introduction To Accounting
  • Business Math & Statistics
Module - A, Group-2
  • Commercial and Industrial Law
  • Information Technology
Module - B, Group-3
  • Human Resource Management
  • Business Finance
Module - B, Group-4
  • Financial Accounting & Reporting
  • Corporate Tax Management
Pakistan Institute of Public Finance Accountants (PIPFA, Pakistan)
Foundation Stage
  • Basic Accounting
  • Basic Cost Accounting
  • Business Mathematics and Statistics
Intermediate Stage
  • Financial Accounting
  • Performabce Messurement.
  • Business Communication & Behavriol Studies.
  • Business Laws & Taxation
Final Stage
  • Financial Repoting
  • Management Accounting
  • Auditing
 
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