MEMBERSHIP In PIPFA
Membership Featutres
- PIPFA's Members - Associate Public Accountants (APA) or Fellow Public Accountants (FPA) are among the best accounting professionals in the country and enjoy high professional standing.
- PIPFA's Members are already working in industry, trade and services in both public and private sectors.
- They are eligible for the posi tions of chief financial officer or company secretary of listed public companies under the Cod e of Corporate Governance being member of a recognized body of professional accountants. Eligibility for Chief Financial/Accounts Officers of Non Bank Finance Companies (NBFC) under active consideration with SECP.
- PIPFA Members/Qualified can avail various exemptions in acquiring qualifications from Institute of Chartered Accountants of Pakistan (ICAP), Institute of Cost & Management Accountants of Pakistan (ICMAP), Chartered Institute of Management Accountants (CIMA), UK, Institute of Chartered Secretaries & Managers, Institute of Corporate Secretaries of Pakistan . Some other professional bodies like ACCA, UK also allow exemptions.
- They have pre-membership top quality professional education in the accounting and related field.
- They constantly update their professional knowledge, information and skills through the Continuing Professional Education including seminars, workshops, interaction among the professional society, access to special studies and other professional development activities
- PIPFA's pre & post-qualification education and development program adds to professional values in their expertise. PIPFA regulates the professional behavior and conduct of its members to confirm to high standards of professional norms.
- PIPFA (Government Sector) qualification has since been notified as one of the required qualification for the positions of Assistant Accounts Officer / Assistant Audit Officer through S.R.O 17(1) / 2000 dated January 22, 2000 issued by Office of the Auditor General of Pakistan, Government of Pakistan.
- Ministry of Finance, Government of Pakistan, vide its letter No F-1(24) Imp/90 dated June 19, 1999, has also given its consent to the grant of qualification pay to the PIPFA qualified (Government Sector) officials @ Rs.200/- per month.
- PIPFA's Membership has the unique distinction of representing the entire accounting community of Pakistan and comprising:
- PIPFA qualified,
- Members of ICAP/ICMAP,
- Fully qualified from ICAP/ICMAP,
- All but Final part qualified from ICAP/ICMAP,
- SAS Examination of AGP or Equivalent Examination Qualified,
- Govt. Officers of Audit & Accounts Service who qualified FPO Examination of FPSC
PIPFA and its members are constantly adding value to the accounting profession to meet the challenges of globalization, IT revolution and ever-growing sophistication in business and management field.
PROFESSIONAL DEVELOPMENT
Like other professional accounting bodies PIPFA's members have life long association with their institution. PIPFA takes care of the needs of professional development and interest of its members, arranges seminars, courses, workshops and other activities as part of continuing professional education (CPE) to constantly update the professional information and knowledge of its members (CPE credit hours also accepted by ICAP, ICMAP etc.) and further improve their expertise. A monthly Newsletter is also published to keep the members and students abreast with the latest developments in the filed Members also have opportunities for interaction with the elite community of accountants at national level, access to special studies and information, participation in Branch Committees (six Committees already functioning in major cities), election of three members of Board of Governors and other avenues of professional development. PIPFA is in the process of further expanding its services to members including job advancement and placement services.