The Institute of Forensic Accountants of Pakistan (IFAP) and The Institute of Forensic Accountants AJK (IFAAJK) forged a Mutual Recognition Agreement (MRA) on June 5, 2023. This agreement aims to acknowledge and accept each other's qualifications, training, and admit members in good standing, along with implementing a bridging mechanism. This collaboration enables both institutes to take a lead role in addressing the evolving challenges within the globalized Forensic Accounting and Forensic Auditing profession.
Through this Qualification Reciprocal Agreement, these regulatory bodies enhance their visibility and gain broader acceptance within the professional community, opening doors for increased career opportunities. IFAP and IFAAJK share a common and robust interest in advancing the fields of Forensic Accounting and Forensic Auditing, particularly in upholding and strengthening professional and educational standards across various sectors and promoting the internationalization of these professions.
