The Institute of Forensic Accountants of Pakistan (IFAP) and the Faisalabad Tax Bar Association (FTBA) have officially joined forces through a Memorandum of Understanding (MoU) signed on August 26, 2025. This new strategic partnership aims to boost capacity building and promote best practices within Pakistan's financial and corporate sectors.
The collaboration outlines several key initiatives to support professional growth and education. Both organizations will work together to:
- Offer joint training and education: This includes workshops, seminars, and webinars on relevant topics for FTBA members, professionals, and corporate executives.
- Enhance professional development: The partnership will create a structured framework for continuing education, helping to advance excellence in both the public and private sectors.
- Share knowledge: IFAP and FTBA will regularly exchange their journals and newsletters, with the option to reproduce content to share with their respective audiences, ensuring proper credit is given.
- Provide access to resources: FTBA members will be able to use IFAP's Centers of Excellence, gaining access to top-tier facilities and resources for their training.
- Strengthen the workforce: The two bodies will collaborate to promote education related to financial crime investigation, with the goal of providing a highly skilled workforce to both public and private sectors.
During the signing ceremony, officials from both organizations emphasized their commitment to this joint effort. The MoU was formally signed by Dr. Tahir Iqbal, Secretary/Member of the Executive Council of IFAP, and Syed Moazzam Raheel, President of FTBA.
This partnership marks a significant step towards advancing financial integrity and professional excellence in Pakistan, with a shared vision of knowledge at the core and excellence as the path forward.
