BENEFITS OF MEMBERSHIPS
How will membership of the Institute benefits me?
Becoming a member of a professional body sends a strong signal about your commitment to your work. Becoming a member of The Institute of Forensic Accountants of Pakistan (IFAP) signals to employers that you:-
> Have the right educational background and experience.
> Have already demonstrated competence in performing the required roles and tasks in the workplace.
> Have had your competence verified at many stages throughout your qualifying path for admission to membership.
Are committed to Continuing Professional Development/Continuing Professional Education (CPD/CPE) maintaining the knowledge and skills needed to perform your role.
Are committed to the high technical, ethical and behavioral standards of The Institute of Forensic Accountants of Pakistan (IFAP).
Forensic Accounting professionals can command some of the highest salary levels in the business sector. Without a professional designation, are unlikely to be able to achieve those levels. Joining the Institute (IFAP) will open the doors necessary to achieve your goals.
What are the benefits of Membership of IFAP?
As well as assuring potential employers about your level of commitment, skill and experience, membership of The Institute of Forensic Accountants of Pakistan (IFAP) offers you:-
> A full range of services to support you in your professional capacity.
> A credible quality assurance process recognized by employers and clients that enhances your reputation as a professional Forensic Accountant/Forensic Auditor (FA).
> An internationally recognized qualification in Forensic Accounting, Forensic Auditing, Forensic Investigation, Business Valuation Management & Fraud Examination.
> The opportunity to contribute–actively or through your support of the Institute–in a wide range of advocacy and standards development activities, both in Pakistan and
A Full Range of Services
The Institute of Forensic Accountants of Pakistan (IFAP) membership gives you access to a community of diverse business professionals, with opportunities for mentoring and support, business advice, fellowship and social interaction. You will be entitled to enjoy a range of services and other benefits that come with belonging to a professional body including:-
> A comprehensive program of continuing professional development activities.
> Networking prospects through an extensive branch network of members.
> Access to online services, including electronic library and search facilities.
Members of the accountancy profession have an important role in Society as trusted expert business of professionals. This imposes a duty to:-
> Work to the highest standards of professionalism.
> Attain the highest levels of performance.
> Act in the public interest.
The Code of Ethics sets our members apart from others who provide services to the public as it imposes a set of principles we work by. We train provisional members in these principles, we
provide support for members in applying the standards, we monitor the maintenance of high standards of competence and behavior, and we apply a structured process for investigating and resolving any complaints. This gives clients and employees a strong reason to select our members in preference to other people who are not members of a professional body.
The Institute of Forensic Accountants of Pakistan (IFAP) enjoys international respect. Our members are internationally recognized as holding a world class business designation and enjoy reciprocal membership rights with the leading professional accounting bodies. The international recognition our members enjoy makes working in the global economy easier.
Advocacy and Standards Development
Opportunities to influence decisions arise at various stages as the Government and international standards setting bodies formulate policy. Through providing credible and high quality submissions, and drawing on the knowledge and experience of the Institute’s members, The Institute of Forensic Accountants of Pakistan (IFAP) has been able to make a contribution to policy development and standards setting in Pakistan, across the UK, USA, Canada, Australia, India and internationally. The public interest, rather than our member’s interest, forms the basis of all of the Institute’s advice. This approach is necessary if the Institute is to maintain its credibility.