• Table of Content

  • 1 REGISTRATION
  • 2 CURRICULAM AND SYLLABUS
  • 3 EXEMPTIONS FROM EXAMINATIONS
  • 4 FEES AND REFUNDS
  • 5 EXAMINTIONS
  • 6 TRANSITION POLICY
  • 7 RULES OF PROGRSSION
  • 8 PCSC
  • 9 TRAINING REGULATIONS & GUIDELINES
  • 10 RDAIs & SDAIs
  • 11 BOOKS RELATED MATTERS
  • 12 SCHOLARSHIPS

Registration

Q. 1. What is the criteria to get registered with ICAP?

A. Registration as full-time student:

Persons are eligible for registration as full time students, if they:

  1. have passed Higher Secondary School Certificate with minimum 50% aggregate marks; or two
    subjects at A Levels; or any other equivalent qualification; or
  2. are graduates from a local or foreign university recognized by competent authority of higher
    education in Pakistan and have undertaken:

(a) Minimum 16 years of education; or
(b) Minimum 14 years of education with 45% aggregate marks or equivalent grades.


B- Registration as trainee student:

Persons are eligible for registration as trainee students if they have successfully completed the following
qualification:

  1. CAF Level or obtained exemption from CAF Level and have completed / obtained exemption from
    PCSC-1; or
  2. a degree comprising minimum of 14 years of education with minimum 45% marks in aggregate
    or equivalent grades in any discipline from any local or foreign degree awarding institute
    recognized by competent authority of higher education in Pakistan

2. CURRICULAM AND SYLLABUS:

1. Will the amendments in the Finance Bill be tested in the next attempt?

A. The Finance Act or Ordinance, and notifications and circulars relating to Finance Act or Ordinance,
issued four months prior to the date of examination shall be considered forming part of syllabus for the
next attempt.

2. Will the amendments in the Corporate Laws be tested in next attempt?

A. The amendment in the Corporate Laws issued six months prior to the date of examination shall be
considered forming part of syllabus for the next attempt.

3. What is the weightage of Mercantile Law and Company Law in CAF-3 Business Law?

A. The weightage of both the parts of CAF-3 Business Law (i.e. Mercantile Law and Company Law) is
50%, each. Hence, each portion will be of 50 Marks.

4. Will the students who have passed Mercantile Law be required to attempt the complete paper of
CAF-3 Business Law?

A. The students who have passed the paper of Mercantile Law are required to appear only in the
Company Law portion of CAF -3 Business Law.