The students, who have passed Bachelor’s or Master’s examinations from a recognised university are eligible to apply for exemption according to the schedule of exemptions. In addition they must have obtained at least 50% marks in the specified subject(s) and these subject(s) shall cover 80% course outlines of the Institute subject(s) in which exemption is sought.

Exemption is granted on the basis of completed qualification. Those having passed only part(s) of various qualifications will not be allowed any exemption from any subject of the course. Details of papers exempted for members of professional accounting bodies and holders of other qualifications are given in the schedule of exemptions.



Members of other professional accounting bodies, which are member of IFAC, may be considered for exemption on case by case basis.

Abbreviations


The abbreviations used in the exemption schedule represent the following :

ACCA(UK) Association of Certified Chartered Accountants of United Kingdom
ACA(Pak) Associate Member of Institute of Chartered Accountants of Pakistan
ACIS(Pak) Associate Member of Institute of Corporate Secretaries of Pakistan
APA(Pak) Associate Member of Institute of Public Finance Accountants of Pakistan
ACMA(UK) Associate Member of Chartered Institute of Management Accountants of United Kingdom
IMA(USA) Institute of Management Accountants (USA)
SMA (Canda) The Society of Management Accountants of Canada
CGA (Canda) Certified General Accountants, Canada
IIA (USA) The Institute of Internal Auditors (USA)
MBA Master of Business Administration
M.Com. Masters in Commerce
MPA Master of Public Administration
MCS Master of Computer Science
DAIBP Diplomaed Associate of the Institute of Bankers, Pakistan
M.Sc. Master of Science
M.A. Master of Arts
L.L.M. Master of Law
L.L.B. Bachelor of Law
B.Com. Bachelor of Commerce
B.B.A. Bachelor of Business Administration
B.Engg. Bachelor of Engineering
B.Sc. Bachelor of Science
BCS Bachelor of Computer Science
B.A. Bachelor of Arts