SCOPE OF CA IN PAKISTAN

Scope of Chartered Accountancy (CA) is very wide not only in Pakistan but abroad as well. In Pakistan, Chartered Accountants are protected by law. The Companies Ordinance 1984, governing corporate entities in Pakistan, makes it mandatory that the public listed companies should get their annual financial reports audited and that too only by a Chartered Accountant (CA). Although there are other accountancy certifications in Pakistan as well like:

LOCAL CERTIFICATIONS:

ACCOUNTANT TITLE	PROFESSIONAL BODY
Cost and Management Accountants of Pakistan(CMAP)	Institute of Cost and Management Accountants of Pakistan (ICMAP)
Public Finance Accountants (PFA)	Pakistan Institute of Public Finance Accountants (PIPFA)

INTERNATIONAL CERTIFICATIONS:

ACCOUNTANT TITLE	PROFESSIONAL BODY
Chartered Certified Accountants (CCA)	Association of Chartered Certified Accountants (ACCA)
Chartered Management Accountants (CMA)	Chartered Institute of Management Accountants (CIMA)
Chartered Accountants (CA)	Institute of Chartered Accounts in England and Wales (ICAEW)

But the scope of above certifications is limited in Pakistan as the law allows only Chartered Accountants of ICAP to conduct financial audits of public entities. This legal protection coupled with vibrant role played by ICAP and its strict education and professional development policies have contributed to the success of ICAP's Chartered Accountants in Pakistan.

Scope of CA is not limited to Pakistan. CAs can add other international certifications to their portfolio like CCA,CMA, ICAEW's CA etc. For these certifications a CA has to pass few additional subjects like local tax laws etc. This way a CA can widen his scope from national to international boundaries.