Introduction
Introduction
The Technical Services Department of the Institute plays a very important role for compliance of Membership obligations, set by IFAC for its member organizations. The Technical Services Department is primarily tasked with the responsibility to continuously review compliance to various pronouncements, guidelines and standards issued by various Boards including IPSASB, IAASB, IAESB, IESBA & PIOB in collaboration with other departments and Committees of the Institute.
The dissemination of technical updates, requests for comments on exposure drafts and proposed new adoptions of new & revised standards and other relevant news to the PIPFA members is also a key function of the Technical Services Department. The Board of Governors (BOG) of PIPFA has also tasked the Technical Services Department with other responsibilities including Enactment process, development and continuous revision of Standard Operating Procedures (SOP)s of all the working committees of the Board, Updating of the Memorandum & Articles of Association of the Institute in light of Companies Act, 2017.
The Technical Department also coordinates with International professional accountancy bodies and Standard Setting Board: such as
- International Federation of Accountants (IFAC)
- International Accounting Standards Board (IASB)
- Chartered Institute of Public Finance and Accountancy (CIPFA)
- Association of Chartered Certified Accountants (ACCA)
- Institute of Chartered Accountants of Pakistan (ICAP)
- Institute of Cost and Management Accountants of Pakistan (ICMAP)
- Auditor General of Pakistan (AGP)
- Board of Governors (BOGs)
- Board of Studies (BOS)
- Chartered Institute of Management Accountants(CIMA)
- Chartered Institute of Public Finance and Accountancy (CIPFA)
- Association of Chartered Certified Accountants(ACCA)
- Confederation of Asian and Pacific Accountants(CAPA)
- Continuing Professional Development & Publication Committee (CPD & PC)
- Examination Committee (EC)
- International Auditing and Assurance Standards Board(IAASB)
- International Accounting Education Standards Board (IAESB)
- International Accounting Standards (IASs)
- International Accounting Standards Board (IASB)
- Investigation Committee (IC)
- Institute of Corporate Secretaries of Pakistan (ICSP)
- International Education Standard (IES)
- International Ethics Standards Board for Accountants (IESBA)
- International Financial Reporting Interpretations Committee (IFRIC)
- International Financial Reporting Standards (IFRS)
- International Public Sector Accounting Standards (IPSAS)
- International Public Sector Accounting Standards Board (IPSASB)
- International Standards on Auditing (ISA)
- Quality Assurance (QA)
- Regulations & Disciplinary Committee (R&DC)
- Research & Publication Committee (R&PC)
- Securities Exchange Commission of Pakistan (SECP)
- Technical Committee (TC)
Our Mission
To contribute towards continuous development, enhancement and strengthening of the field of accountancy, public finance and audit to support economic growth in the country
Testimonials and Feedback
What People Say About Us
Yawer Zakaria, APFA
CFO at Salsoft Technologies (Pvt) Ltd
Membership with PIPFA has been instrumental in enhancing my expertise in public finance and accounting, ensuring adherence to the highest professional standards. It has provided access to a robust network of professionals and opportunities for continuous development, significantly contributing to my leadership journey and organizational impact.
Syed Naqi Raza
Director Finance & Accounting, KPMG Taseer Hadi & Co.
PIPFA is a well-recognized brand in the world of professional qualifications and a standard of excellence for public finance accountants. The PIPFA qualification significantly enhances an individual's experience and increases their value in the market. Sharing creates more value than competition, and PIPFA has joined hands with many international organizations, providing excellent opportunities for those working in the international market. The PIPFA professional qualification equips professionals with the knowledge and understanding of financial management in the public sector, making PIPFA a definitive choice as a platform to develop future financial managers.
Mr. Nazar Mohammad Ranjha - FPFA
Director General Audit (Sindh), Pakistan
If you are trying to find an institution that is providing the best training in Public Financial Management then go to PIPFA without any hesitation. This is the most authentic, reliable and genuine organization equipping the graduates with applied accounting and auditing techniques. The best part of PIPFA is that it adds in one’s skillset as well as helps in career progression. Pakistan’s most professional financial management organizations like Auditor General of Pakistan, Controller General of Accounts and Military Accountant General are on its partners’ list. PIPFA has broadened its horizon by expanding its services to different provincial governments, federal government and international partners like CIPFA. I hope that PIPFA will continue in its excellent job of producing public financial managers that are serving the nation by providing their product in the form of financial and audit reports to national and provincial legislatures
Mr. Usman Ahsan FPFA, FCA
CFO, Anjum Textiles, Pakistan
PIPFA is a qualification that has not only inferred on me a professional identity, but also provided with a wonderful opportunity to excel my career. The in-depth technical knowledge being imparted by this accounting body is nothing short of global standard. I feel privileged to be part of this auspecious Institute which has a value driven CPD program for its members.
Mr. Adnan Abdul Ghaffar – FPFA
Company Secretary & Tax Head, Amreli Steels Limited
PIPFA education has enriched me professionally and enhanced qualities needed to deal with a variety of challenges in today’s corporate life. This qualification opens new horizon of opportunities with high standards amidst strong core values. Strongly recommended for better career growth and professional development.
Mr. Muhammad Hamza APFA
Assistant Manager Large & Complex Audits - Deloitte UK
PIPFA is a great stepping stone for those who are considering a serious career in public finance. Multiple MOUs with international and local bodies also do open multiple avenues into the other fields of finance as well.