- Evaluating and providing guidance on the implementation of International Standards on Forensic Accounting and International Standards on Forensic Auditing.
- Formulating Pakistani Forensic Accounting and Forensic Auditing Standards when specific standards are needed to align with local business conditions and legal requirements.
- Collaborating with relevant Government Authorities to create Forensic Accounting and Forensic Auditing Standards tailored to specialized sectors like banking, finance, and insurance.
- Working in partnership with regulatory bodies to assess existing regulations and laws while contributing to the development of new ones.
- Offering technical support to the government for various areas that require the application and review of technical standards.
- Developing and releasing standards and guidelines related to forensic accounting, forensic auditing, and forensic investigative reporting.
- Providing advisory support to members across various areas of Forensic Accountants’ work, encompassing forensic accounting, forensic auditing, taxation, company law, financial management, and insolvency practice.
- Conducting Continuing Professional Education and Development Programs to ensure members stay up-to-date with industry trends.
- Establishing and monitoring members’ adherence to ethical standards that govern professional conduct, thereby safeguarding the interests of the general public.
- Keeping members informed of technical and professional standards updates through electronic channels.
- Publishing a bi-monthly periodical called ‘The Forensic Accountant.’
- Distributing a Members Handbook that includes technical and professional standards related to Forensic Accounting and Forensic Auditing.