ICMA PAKISTAN

Time 2020-06-13 17:06:47

Web Name: ICMA PAKISTAN

WebSite: http://www.icmap.com.pk

ID:303

Keywords:

ICMA,PAKISTAN,

Description:

About ICMA Pakistan The Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) was established in 1951 with the objective to regulate and promote the profession of Management Accounting in Pakistan. By virtue of the authority vested in by the Act and Regulations, the Institute has been entrusted with the responsibility to provide education, examine competencies and confer internationally recognized post-graduate professional certification. After qualifying and fulfilling prescribed requirement of membership, the Institute awards following designations: • Associate Cost and Management Accountant (ACMA) • Fellow Cost and Management Accountant (FCMA) Stand out and stay ahead with ICMA Pakistan membership The students on qualifying examinations and meeting membership requirement are awarded membership of the Institute which is a professional and legal status to join the fraternity of Institute’s members. The membership is a life-longassociation which tends to continue by paying prescribed annual subscription fee. Currently, the Institute has over 5,000 members in Pakistan and abroad. Out of total members, about 20% of members are serving abroad which shows the contribution of the Institute towards global economic development. Management Accountant Journal Management Accountant is the bi-monthly official flagship Journal of ICMA Pakistan which updates on current trends in the field of accounting and finance as well as professional and macro-economic issues. It serves as a premier resource for young and professional accountants to find new trends in management accounting and also provides a useful source of knowledge and reference for the corporate sector. Every issue of Journal is brought out on a specific theme and carries focused articles, exclusive interview of dignitaries; survey reports, economy watch, regulatory watch and other useful writeups and information worth reading for professionals, business and industry. To keep members and students in particular and other professionals in general, the Institute as part of Continuing Professional Development (CPD) regularly organizes nationwide trainings, seminars, workshops and conferences. The CPD activity helps in the capacity building and is essential for a professional to remain updated with the changes taking place in the profession. The deliberations made and insightfulness shared in these CPD programs become a source of immense learning for members and students. At an average, in a year, more than 2,000 CPD hours are nationwide conducted at the Institute. The Institute has a proper quality Control system in place that encompasses policies, procedures and periodic reviews of the work of CMA Firms engaged in public practice. The objective is to ensure that practicing members and firms are engaged in audit and other practices are in line with the relevant rules, regulations and professional standards. The well-defined Quality Assurance Review Framework helps firms in maintaining set benchmarks and to keep them updated with the changes taking place in the profession to provide state-of-the-art services to the clients. Through Quality Assurance, practicing firms are not only meeting customers’ expectations but also complying global standards followed by practicing firms all over the world. The Institute is continuously updating its members and industry through a regular Technical Updates in the following areas: • Updation in IAS, IFRS and ISA • Amendments in Tax and Corporate Laws • Economy and Business News 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. The Corporate Relations function of the Institute assists students in their career development. It creates training and internship opportunities for students and helps in bringing awareness about the role of profession of management accounting in the industry. Keeping in view that corporate sector is ultimate beneficiary of Management Accountants; the Corporate Relations function invites dignitaries from the corporate sector and takes various steps to strengthen relationship with the corporate sector. CMA proved as a journey of success for me since I joined it and after getting qualified it become a mark of prestige and a bright feather in my crown. Attaullah Abdul Rasheed, FCMA, General Manager State Life Insurance Corporation of Pakistan ICMA Education Program Education at ICMA Pakistan follows a philosophy which inculcates theoretical concepts along with trusted professional competence. The equal importance is given towards developing communication, presentation and interpersonal skills which are always the prime requirement of the corporate sector. The Institute, currently, has more than 15,000 students across the country and overseas. Salient Features Tradition of more than 70 years of education excellence. Statutory professional body. Curriculum at par to international standards and guidelines prescribed by IFAC. DETAIL REGISTRATION FORM Diploma in Islamic Finance The course is designed as an elementary for certified Islamic finance professional. This is introductory course in Islamic financing. The course will provide a unique thinking about conventional and Islamic financial system. DETAIL REGISTRATION FORM Diploma in IAS / IFRS If you are a finance professional who wants to enrich professional skills and knowledge about the details of International Accounting Standards (IASs) / International Financial Reporting Standards (IFRSs) DETAIL REGISTRATION FORM ICMA Pakistan Certificate Programs (ICP) Education at ICMA Pakistan follows a philosophy which inculcates theoretical concepts along with trusted professional competence. The equal importance is given towards developing communication, presentation and interpersonal skills which are always the prime requirement of the corporate sector. The Institute, currently, has more than 15,000 students across the country and overseas. Salient Features Certificate in Basic Financial Reporting Certificate in Techniques for Managing Cost Certificate in Overview of Taxation Certificate in Financial Reporting of Corporate Entities DETAIL REGISTRATION FORM DIRECTOR’S TRAINING PROGRAMME Under Code of corporate Governance 2012 the Code of Corporate Governance expect the Directors of listed Companies to attend training to acquaint themselves with prescribed code applicable law. Key Benefits Understand the Broader role & responsibilities that come with the Directors mandate. Provide an Overview of the knowledge and competencies expected form Directors in today’s Environment DETAIL Circular ~ Submission of Online Examination Application Forms with Local [Pakistan-base... Read More [...] Circular ~ Facility to Change Exam Day Shift for Computer Based Examinations (CBE), June.. Read More [...] Model Papers [ML-2, SL-1, SL-2 & LLG] – CBE through Remote Access [Scheme of Study - 2018] Read More [...] The Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) was established in 1951 with the objective to regulate and promote the profession of Management Accounting in Pakistan. By virtue of the authority vested in by the Act and Regulations, the Institute has been entrusted with the responsibility to provide education, examine competencies... Read More

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