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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.

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.

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.

In a significant move towards fostering cooperation, The Institute of Forensic Accountants of Pakistan (IFAP) and the Tradex Auditing of Accounts LLC, Chartered Accountants & Consultants, Dubai-UAE have formally signed a Memorandum of Understanding (MOU) on August 15, 2024 for export of forensic accounting and forensic auditing services to UAE and exploring professional and business opportunities for IFAP members through collaborative initiatives. The MOU was signed, exemplifying the commitment of both Institutions to enhancing the forensic accounting and forensic auditing profession’s knowledge and professional development. This MOU would entail designing distance education programs, designing study materials for students, examination systems, and disciplinary and regulatory mechanisms by IFAP for the benefit of the UAE.

The collaborative MOU seeks to establish a platform for mutual cooperation aiming at the advancement of forensic accounting and forensic auditing knowledge, professional and intellectual development, and the progress of their respective professions. This dynamic partnership is poised to make a positive impact on the forensic accounting and forensic auditing profession in both the Pakistan and UAE. The MOU signifies a pivotal step in strengthening bilateral relations. This MOU will establish closer working linkages between IFAP and Tradex as it will enable the two to draw synergies from the professional expertise available with each other in areas of forensic accounting, forensic auditing, technical research, and corporate governance and alike.

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.

The Institute of Forensic Accountants of Pakistan (IFAP) entered into Mutual Recognition Agreement (MRA) with The Institute of Auditing (TIA – Pakistan) on 5th June 2023 to recognize the qualification, training of each other and admit the members in good standing by prescribing a bridging mechanism. The both Institutes will have an opportunity to play the leadership role in addressing new challenges facing the profession of Forensic Accounting and Internal Auditing in a globalized environment. This Qualification Reciprocal Agreement between two regulatory institutions at both ends brings in elements of enhanced visibility and wider acceptance amongst the stakeholder community thus paving way for augmentation of increased professional opportunities. The IFAP and TIA share common and strong interests in the advancement of the profession of Forensic Accounting and Internal Auditing, especially in relation to the maintenance and strengthening of professional and educational standards in all sectors as well as the internationalization of the profession.

On April 17, 2023, The Institute of Forensic Accountants of Pakistan (IFAP) formalized a Memorandum of Understanding (MOU) with Abstract Accounting and Auditing, a firm based in Dubai, UAE, specializing in accounting and auditing services. This MOU lays the groundwork for collaboration on various fronts, including conducting corporate training sessions, hosting seminars, workshops, and other professional training programs.

Furthermore, IFAP and Abstract Accounting & Auditing have mutually agreed to join forces on Continuing Professional Development/Continuing Professional Education (CPD/CPE) Programs. These programs will be focused on areas of shared interest, a crucial component recognized by both institutes for upholding professionalism in today's dynamic and demanding business environment. This partnership is pivotal in fulfilling the requirements of professionalism in this evolving business landscape.

The Institute of Forensic Accountants of Pakistan (IFAP) has established a Memorandum of Understanding (MOU) with the Xpert Knowledge Training Institute (XKTC) in Lahore, Pakistan on 15 August 2022 . This MOU signifies a collaborative effort between the two institutions, with the goal of enhancing knowledge and skills for students, educators, and professionals. The MOU outlines various areas of cooperation, including the provision of study materials and coaching support, examination facilitation, practical and management training, joint organization of seminars, professional development initiatives, and conferences.

Moreover, it enables the coordination of training classes, seminars covering topics like Forensic Accounting, Forensic Auditing, Forensic Fraud Investigation, Financial Crimes, Corporate Governance, and Compliance. Additionally, the MOU encourages research activities and diverse certification programs related to Forensic Accounting, as well as the establishment of short-term courses in related fields. This collaboration not only strengthens the bond between the two partnering institutes but also fosters the development of executive education programs.

The Institute of Forensic Accountants Pakistan (IFAP) and the Institute of Certified Public Accountants of Pakistan (ICPAP-CPA Pakistan) have formalized a Memorandum of Understanding (MOU). This MOU serves as a framework for both accounting institutions to offer assistance and support to their respective members. It also facilitates collaboration in areas such as joint research, educational initiatives, and other shared interests.

This partnership strengthens the bond between the two organizations and aligns with their common objective of enhancing the professions of Public Accounting, Forensic Accounting, and Forensic Auditing. The MOU sets out specific criteria that outline how members from one institution can qualify for membership in the other.

On the 7th of March, 2022, The Institute of Forensic Accountants of Pakistan (IFAP) entered into a Memorandum of Understanding (MOU) with Security Experts (Private) Limited in Islamabad. This MOU focuses on facilitating corporate training, seminars, workshops, and various professional training programs.

Furthermore, IFAP and Abstract Accounting & Auditing have collaboratively committed to develop Continuing Professional Development/Continuing Professional Education (CPD/CPE) programs. These initiatives aim to address areas of common interest and are recognized by both institutes as essential for upholding professionalism in the ever-evolving and demanding business landscape.

On December 13, 2021, The Institute of Forensic Accountants of Pakistan (IFAP) and Max Strategy, a Knowledge Partner of Riphah International University in Islamabad, solidified their collaboration by signing a Memorandum of Understanding (MOU). This MOU lays the foundation for corporate training, seminars, workshops, and various professional programs conducted by both organizations.

Furthermore, IFAP and Max Strategy have committed to working together on Continuing Professional Development/Continuing Professional Education (CPD/CPE). Both institutions recognize this as a crucial element in maintaining professionalism within the dynamic and challenging landscape of business and finance. This partnership aims to provide valuable educational opportunities to professionals in the field.

On November 16, 2019, The Institute of Forensic Accountants Pakistan (IFAP) and the Association of Certified Forensic Practitioners (ACFP) Zimbabwe solidified their relationship by signing a Memorandum of Understanding (MOU). This MOU serves as a platform for both organizations in the field of forensic accounting to offer services and support to their respective members.

Moreover, it paves the way for collaborative efforts in areas such as joint research, education, and various mutual interests. This newly established partnership is aimed at strengthening the profession of Forensic Accounting and Forensic Auditing. The MOU also outlines the specific criteria under which members of one body can become eligible for membership in the other, further enhancing the interconnectedness of these two organizations.