A member desirous to do practice, after fulfilling the requirement, receives Certificate of Practice (COP). The certificate is a license for members to do public practice and management consulting functions. Under the license, a member may act as liquidator, trustee, executor, administrator, arbitrator, receiver, adviser or as representative for costing, financial, company law and taxation matters or may take up an appointment that may be made by Federal Government or Provincial Government or a Court of Law or any other authority established under law, or may act as the secretary of a company in the professional capacity.
Today, Management Accounting firms are providing excellent professional services to manufacturing, services and financial sectors. The public practice function of the Institute is supported by over 100 firms which are holding license to undertake national and international consulting assignments.