Posts in category: News

We are pleased to extend a warm and hearty welcome to Mr. Hameed Raza, our esteemed Member, on his appointment as the Director of Coordination & Business Development (DCBD) for The Institute of Forensic Accountants of Pakistan (IFAP) in Lahore, Gujranwala, and Kasur Regions. This appointment, effective from April 01, 2024, underscores Mr. Raza's dedication to advancing the promotion and development of the Forensic Accountant® Program within these important regions.

Mr. Raza's extensive experience and commitment to fostering business development make him exceptionally well-suited to this role. As we strive to enhance our presence and activities in Lahore, Gujranwala, and Kasur, his leadership will be instrumental in forging partnerships, driving growth, and ensuring the continued success of the FA Program. We eagerly anticipate the innovative strategies and initiatives Mr. Raza will bring to IFAP. Congratulations to Mr. Hameed Raza, and we are thrilled to have him join our team.

We are delighted to extend a warm and hearty welcome to Mr. Haziq Neshat Akhtar, our esteemed Member, on his appointment as the Country Head for the Bahrain Chapter of The Institute of Forensic Accountants of Pakistan (IFAP) (CHBCI). This appointment, effective from April 05, 2024, highlights Mr. Akhtar's dedication to advancing the promotion and development of the Forensic Accountant® Program within Bahrain.

With his wealth of experience and commitment to the field, Mr. Akhtar is well-suited to lead the Bahrain Chapter of IFAP. His leadership will play a crucial role in expanding our presence in Bahrain and fostering the growth of forensic accounting in the region. We eagerly anticipate the innovative approaches and initiatives Mr. Akhtar will bring to IFAP. Congratulations to Mr. Haziq Neshat Akhtar, and we are thrilled to have him take on this pivotal role within our organization.

We are pleased to extend a warm and hearty welcome to Mr. Syed Muhammad Farhan, our professional partner, on his appointment as the Director of Coordination, Business Development & Training (DCBDT) for The Institute of Forensic Accountants of Pakistan (IFAP) in the UAE (All States/Regions). This appointment, effective from April 01, 2024, underscores Mr. Farhan's dedication to advancing the promotion and development of the Forensic Accountant® Program within this crucial region.

Mr. Farhan's extensive background in coordination, business development, and training equips him well for this role. As we aim to bolster our presence and activities in the UAE, his leadership will be instrumental in fostering partnerships, driving growth, and ensuring the highest standards of training in forensic accounting. We eagerly anticipate the innovative strategies and initiatives Mr. Farhan will bring to IFAP. Congratulations to Mr. Syed Muhammad Farhan, and we are delighted to welcome him to our team.

We are pleased to extend a warm and hearty welcome to Mr. Muhammad Omair Arfeen, our esteemed Member, on his appointment as the Director Learning & Academics (DLA) for The Institute of Forensic Accountants of Pakistan (IFAP) in Qatar, KSA, and other Middle East regions. This appointment, effective from April 01, 2024, underscores Mr. Arfeen's commitment to advancing the promotion and development of the Forensic Accountant® Program within these vital regions.

Mr. Arfeen's wealth of experience in academia and his dedication to the field make him exceptionally suited to this role. As we continue to expand our presence in the Middle East, his leadership will be pivotal in shaping the academic landscape and ensuring the highest standards of education and training in forensic accounting. We eagerly anticipate the innovative approaches and initiatives Mr. Arfeen will bring to IFAP. Congratulations to Mr. Muhammad Omair Arfeen, and we are thrilled to have him join our team.

In a significant development, The Institute of Forensic Accountants of Pakistan (IFAP) has signed a Mutual Recognition Arrangement (MRA) and Memorandum of Understanding (MoU) with Global Educational and Professional Excellence Academy (GEPEA) University, encompassing Europe and Zambia. This collaboration, initiated on October 28, 2023, highlights the commitment of both IFAP and GEPEA to promote joint research in the field of Forensic Accounting and facilitate educational and academic exchanges between students and faculty. The partnership seeks to explore various opportunities for cooperation in academic and educational endeavors, aiming to enhance the objectives and mission of both institutions.

The Institute of Forensic Accountants of Pakistan (IFAP) introduces/announces a scheme/policy of full exemption and direct membership as a special case for a period of three months and offers/honors full exemption and direct membership to CA, CMA, ACCA, CPA, CIA, CICA, CFE, PIPFA Qualified Members/Finalists/Inters and M.Com, MBA, IBP, LLB, LLM, RITP qualifications holders on the basis of academic, professional education and having more than five years (05) practical job experience. This special scheme/policy of full exemption and direct membership offered by IFAP to Accounting and Finance Professionals is valid before or up to December 31, 2023.

On July 15, 2022, The Institute of Forensic Accountants of Pakistan (IFAP) formalized a Memorandum of Understanding (MOU) with the Dellsons Institute, which has branches in Karachi and Lahore. This MOU serves as a foundation for conducting corporate training sessions, hosting seminars, workshops, and various other professional training programs.

In addition, IFAP and Abstract Accounting & Auditing have jointly committed to collaborating on Continuing Professional Development/Continuing Professional Education (CPD/CPE) Programs. These programs will target areas of mutual interest recognized by both institutes as essential for maintaining professionalism in the ever-evolving and demanding business landscape. This partnership is integral for meeting the requirements of professionalism in a dynamic business environment.

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.