- Graduates from any disciplines are eligible to register/enrol into the Forensic Accountant/Forensic Auditor (FA) Program.
- Candidates from any discipline with 50% or above marks and a minimum of 18 years of age are eligible to register/enrol into the Forensic Accountant/Forensic Auditor (FA) Program.
- Candidates in their final year Bachelor’s Degree Courses who are expecting the results within three months from the date of submitting the Application to The Institute of Forensic Accountants of Pakistan (IFAP) are also eligible to apply (such candidates will be enrolled provisionally in the Forensic Accountant/Forensic Auditor (FA) Program.
Students
Institute of Forensic Accountants of Pakistan
- Eligibility criteria
- Duration
- Validity of Registration
- Examination criteria
- Training Classes (Optional)
- Exemptions/Waivers
- Syllabus / Course
- Education Methodology
- For Whom
- Procedure for registration
- Required documents
- Program Structure
- Fee structure
- Powers of committee
Each Stage/Level of the Forensic Accountant/Forensic Auditor (FA) Program requires minimum period of about 6 months including the time for coaching and self-study. Coaching classes for the bi-annual sessions are held during the March-June and September-December. The faculty responsible for the conducts of classes are professionally qualified and also possess practical knowledge in the respective field. The coaching arrangements helps students acquire adequate knowledge of the subject and also prepare better for the examinations. The coaching classes are compulsory and also optional except when IFAP grants exemptions to students residing at a place where the coaching facility is not available or they have already attended classes of others professional Institutes in the corresponding subjects. There are also correspondence courses available now. The classes are conducted at IFAP’s own Supervised or Accepted Coaching Centers/campuses covering all major cities. The IFAP own center is at present working at Dubai-UAE, Islamabad, Rawalpindi, Lahore, Peshawar, Gujranwala and Quetta.
Candidates with prior academic and professional qualifications like B.Com, BBA, M.Com, MBA, CA/CWA/CS, CPA, PFA, and IBP Members are eligible to get exemptions/waivers from certain subjects in all stages/levels of Forensic Accountant/Forensic Auditor (FA) Program on case to case basis.
The Forensic Accounting Program Syllabus
Foundation Stage (5 Papers) | |
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FS1 | Introduction to Forrensic Accounting |
FS2 | Concepts & Techniques of Fraud Examination |
FS3 | Forensic Accounting & Litigation Framework |
FS4 | Business Communication & Behavioral Studies |
FS5 | Corporate Performance Management |
Certificate Stage (5 Papers) |   |
CS6 | Investigation Process & Techniques |
CS7 | The Taxation & Company Laws |
CS8 | Evidence & The Forensic Accountant |
CS9 | Forensic Auditing & Assurance |
CS10 | Public Financial Management |
Professional Stage (Group 1) (5 Papers) |   |
PS11 | Treasury & Forex Management |
PS12 | Risk Management (Basics & Tools) |
PS13 | Independent Accounting Expert Reports |
PS14 | Banking & Insurance Laws |
PS15 | Corporate Financial Management |
Professional Stage (Group 2) (6 Papers) |   |
PS16 | Anti Money Laundering Measures & Business Ethics |
PS17 | Corporate & Financial Reporting |
PS18 | Corporate Governance & Administration |
PS19 | Business Valuation Management |
PS20 | Criminology, Legal Environment & Ethics |
PS21 | Advanced Auditing or Advanced Taxation or Cyber Laws or Bank/Corporate Frauds |
The Forensic Accountant/Forensic Auditor (FA) Program is divided into four Stages/levels/21 papers: Foundation Stage/Level 1 five (5) papers, Certificate Stage Level 2 five (5) papers, Professional Stage Group I/Level 3 five (5) papers and Professional Stage Group II/Level 4 six (6) papers. After completing Foundation Stage/Level 1 five (5) papers, the candidates will be admitted into the Certificate Stage/Level 2 five (5) papers. Similarly, after completing Certificate Stage/Level 2 five (5) papers, they will be admitted into Professional Stage Group I/Level 3 five (5) papers. The candidates of the Forensic Accountant/Forensic Auditor (FA) Program will be required to study and complete the four stages/levels/21 papers in a sequential manner.
All fees and annual subscriptions are payable along with the application for registration/enrolment as a student on acceptance of which no amount of such fees and annual subscription is refundable.
Click here to download the paper wise fee for Pakistani students
The powers and functions of Registration/Enrolment Committee have been largely described dealing specifically with matters pertaining to admission of students and granting of exemptions in all cases. Here as well in respect of all matters connected with the registration/enrolment of students this committee has been vested with identical powers which internalia includes acceptance or rejection of any application for registration as a student without assigning any reason, to prescribe, change and review the schedule and rates of fees and subscriptions and also to frame the rules and regulations in respect therewith. In case of rejection, however, the student is given the right to appeal to the Executive Council/Registration Committee for review of his/her application but in that case also the Executive Council/Registration Committee again reserves the right to decide the case in which event its decision shall be final and binding upon the applicant.