Examination Standards

The question papers are set in accordance with the laws and regulations effective as at preceding 1st January for the August examinations, and effective as at preceding 1st July for the February examinations in Business Laws, Business Taxations and Corporate Laws and Secretarial Practices;

The question papers of all accounting subjects are set in accordance with International Financial Reporting Standards (IFRSs) and International Accounting Standards (IASs) as well as the Accounting and Auditing Practices and Guidelines, issued by the professional bodies of Pakistan upto 31st December of the preceding year for February Examination and upto 30th June for the August Examination respectively;

Examination questions of any specific semester may be set from the syllabus of similar subjects of a preceding semester. However, in order to maintain the professional standards, it is not necessary that examination questions be confined to core readings and additional readings only.

Hence, the examination function focuses on quality assessment of students and matters arising from therein.