Dr Tahir Nust

IFAP Signed DoU with NUST PDC

IFAP and NUST PDC Forge Strategic Partnership to Advance Financial Integrity

The Institute of Forensic Accountants of Pakistan (IFAP) and the National University of Sciences & Technology Professional Development Centre (NUST PDC) have formalized a strategic partnership through the signing of a Document of Understanding (DoU) today. This collaboration establishes a comprehensive framework for joint initiatives aimed at enhancing capacity building and promoting best practices within the financial and corporate sectors.

The DoU outlines ten key objectives, including:

  • Collaborative efforts in forensic accounting, auditing, finance, and corporate governance.
  • Exploration of emerging technologies such as AI, blockchain, and cybersecurity.
  • Joint organization of training programs, seminars, and conferences.
  • Promotion of financial literacy and ethical practices.
  • Collaborative research and publication initiatives.
  • Development of joint certification programs.
  • Innovation in fraud detection and risk management.
  • International collaboration through shared networks.
  • Integration of sustainability and ESG principles.
  • Advancement of corporate social responsibility.

The signing ceremony, attended by officials from both IFAP and NUST PDC, underscored the commitment of both organizations to this joint initiative. Dr. Tahir Iqbal, Secretary/Member Executive Council of IFAP, and Mr. Muhammad Ali Khan, General Manager of NUST PDC, formally signed the DoU.

This partnership is poised to significantly contribute to the advancement of financial integrity and professional development in Pakistan.

DR Majid Nust

Forensic Accounting Training at NUST PDC

Forensic Accounting Training at NUST PDC

The Institute of Forensic Accountants of Pakistan (IFAP), represented by Dr. Majid Latif Bhatti, successfully delivered a comprehensive two-day training session on Forensic Accounting (Awareness, Importance, and Application) at the NUST Professional Development Centre (PDC) on January 29th and 30th, 2025. This collaborative initiative aimed to enhance the understanding and practical application of forensic accounting principles within the corporate sector. The program provided a structured curriculum covering essential aspects of forensic accounting, including fraud detection, financial investigation, and litigation support, tailored to address the evolving challenges faced by organizations.

Forensic Training: Active Engagement

The session witnessed active participation from corporate employees representing diverse organizations, reflecting a strong interest in bolstering their capabilities in financial integrity and risk management. Participants engaged in interactive discussions, case studies, and practical exercises, fostering a deeper understanding of the critical role forensic accounting plays in safeguarding organizational assets and maintaining transparency. The expertise shared by Dr. Bhatti and the collaborative environment facilitated by NUST PDC contributed to a highly effective learning experience, equipping attendees with valuable tools and knowledge to combat financial irregularities and promote ethical business practices.