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MRA with IFAAJK

IFAP Signed MRA with IFAAJK

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.

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MRA With TIA Pakistan

IFAP Signed MRA with TIA Pakistan

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.

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IFAP Annual Get-together of Members Islamabad

IFAP's Annual Get-together of Members (2022-2023) Islamabad

The annual get-together of IFAP members took place in Islamabad on May 27, 2023, where several crucial topics were deliberated. The gathering commenced with the announcement of various working committees, highlighting their significant roles and responsibilities within the institute.

The event also provided an opportunity to showcase the progress and development achieved by IFAP over the past year. Members discussed the growth and advancements in forensic accounting and auditing, underlining the institute's commitment to excellence in these fields.

A central focus of the event was dedicated to Continuing Professional Development (CPD) training workshops and seminars. These learning opportunities serve as a vital component of members' ongoing education, ensuring they stay updated with the latest industry trends and best practices.

Furthermore, the publication of the annual digital journal was a key topic of discussion. This journal serves as a valuable resource for members, sharing insights, research findings, and thought leadership in the realm of forensic accounting and auditing.

The event also recognized and appreciated the approved coaching centers affiliated with IFAP, playing an essential role in facilitating education and training for future forensic accountants.

The get-together concluded with a forward-looking discussion on future goals and objectives, providing members with an opportunity to contribute their valuable insights and suggestions. The exchange of ideas and feedback from members was a pivotal part of the event, highlighting the collaborative spirit and dedication to excellence within the IFAP community.

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IFAP Formation Of Committees

IFAP's Special Committees

The Institute's Executive Council has established specific committees to carry out various functions outlined in the constitution. Each of these committees is led by a Chairman chosen by the Institute's Executive Council. These committees include:

Committees Name of Chairman
Research, Development & Publication Mr. Waqar Dilshad
Examinations / Exemption Mr. Malik Imran
Education Ms. Faiza Ali
CPD Mr. Zahid Farooq
Member's Affairs Mr. Tahir Iqbal
Public Relations Mr. Waqar Dilshad
Finance and Budget Mr. Tahir Iqbal
Disciplinary Mr. Tahir Iqbal
Technical Support And Practice Mr. Majid Latif
Marketing And Communication Mr. Majid Latif
Counselling And Placement Mr. M Ali Yazdani
Legals affairs Mr. Fahim Ul Haq Khan
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MOU With Abstract Accounting

IFAP Signed MOU With Abstract Accounting Dubai-UAE

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.

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MOU With X-K-T-C

IFAP Signed MOU With X-K-T-C Lahore-Pakistan

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.

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MOU With CPA Pakistan

IFAP Signed MOU with ICPAP-CPA Pakistan

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.

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MOU With Security Experts

IFAP Signed MOU With The Security Experts (Private)

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.

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MOU With Max Strategy – Riphah Group

IFAP Signed MOU With Max Strategy - Riphah Group

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.

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IFAP Director Of Digital Marketing UAE Appointment

IFAP Director of Digital Marketing UAE Appointment

We are delighted to extend a warm and hearty welcome to Mr. Imran Nawaz, our esteemed Associate Member (AFA), on his appointment as the Director of Digital Marketing (DDM) for The Institute of Forensic Accountants of Pakistan (IFAP) in the UAE and Middle East. This appointment, effective from September 01, 2020, signifies Mr. Nawaz's dedication to the promotion and development of the Forensic Accountant® & Forensic Auditor® (FA) Program in this region.

With his expertise in digital marketing, Mr. Nawaz is poised to play a key role in advancing our program's reach and impact. In today's digital age, effective online presence and marketing are essential, and Mr. Nawaz's contributions will be instrumental in achieving our goals. We are excited to have him on board and look forward to the innovative strategies and initiatives he will bring to IFAP. Congratulations to Mr. Imran Nawaz, and we are thrilled to welcome him as part of our team.