Brief History of PIPFA

Pakistan Institute of Public Finance Accountant (PIPFA) was constituted in the year 1993 jointly by Three (3) sponsoring bodies of Pakistan namely The Institute of Chartered Accountants of Pakistan (ICAP), the Institute of Cost and Management Accountants of Pakistan (ICMAP) and the Auditor General of Pakistan (AGP).

PIPFA Board of Governors

The affairs of the Institute are managed by a 12-member Board of Governors, which comprises 9 members of the sponsoring bodies. The nominees of Department of Auditor General of Pakistan are usually Officers of Director General or higher level.

Memorandum of Understanding

MoU for advancement of high quality Public Financial Management in Pakistan between PIPFA & (CIPFA) U.K.

The purpose of this Memorandum of Understanding (MOU) is to create a basis for cooperation and collaboration between CIPFA and PIPFA for the advancement of high quality public financial management in Pakistan through joint activity in a number of areas including:

• The development of the accounting profession in the public sector to strengthen public financial management in Pakistan;
• The development of membership routes to support and strengthen the accounting profession and public financial management through PIPFA, in Pakistan;
• Identify and collaborate jointly on capacity building projects on Pakistan, to strengthen the accounting profession and public financial management.

Route to CIPFA Membership

CIPFA membership is a recognised symbol of professional excellence which influences public financial management worldwide. PIPFA members joining the CIPFA network will build on existing skills and training to keep them up to date with the latest developments in public finance, gain accreditation and get access to a range of products and services to enhance knowledge, skills and career development.

Special Committees

PIPFA Centers

PIPFA Board of Governors

The affairs of the Institute are managed by a 12-member Board of Governors, which comprises 9 members of the sponsoring bodies. The nominees of Department of Auditor General of Pakistan are usually Officers of Director General or higher level.

3 from each of the sponsors and 3 members elected by the members of PIPFA in the general body meeting every three years. The nominees of Institute of Chartered Accountants of Pakistan and Institute of Cost & Management Accountants of Pakistan are usually the members on the council of respective institutes.

President

Ms. Namana Gulrukh Fareed

(Nominee of AGP)

Vice President

Mr. Muhammad Yasin

(Nominee of ICMAP) 

Secretary

Mr. Sami Ullah Musa
(Nominee of ICAP)

Treasurer

Mr. Usman Ahsan
(Elected Member)

Joint Secretary

Mr. Muhammad Sharif
(Elected Member)

Route to CIPFA Membership

CIPFA has identified the following route for PIPFA members to get recognised for their experience and training in the public sector.

CIPFA Affiliate Membership:

• Full members of PIPFA in good standing, working in the “public sector” can be offered the CIPFA Affiliate Membership designation. This is based on five exemptions being awarded from the CIPFA International Public Financial Management qualification.
• PIPFA members should complete the online application form and submit their CV which will be assessed for their “public sector” experience via the CIPFA membership committee, to award CIPFA Affiliate Membership.
• PIPFA members applying for CIPFA Affiliate Membership will pay no exemption fees and are exempt from our workplace practical experience requirements up to the level of CIPFA Affiliate Membership.
• Proposed benefits for CIPFA Affiliate Members will include:
  • Member access to CIPFA website materials.
  • Access to Management Direct online support tool developed by CIPFA and CMI (Chartered Management Institute) including videos, e-learning modules, checklists, articles and e-books.
  • Access to our member technical enquiry service.
  • Member discounts on training and publications.
  • Access to online e-learning.
  • Receive twice weekly Public Finance International e-newsletter.
  • Online access to Public Money and Management publications.
    

  • Fees for CIPFA membership

    • The membership fee for PIPFA members (both Associate and Fellow members) in the first year for CIPFA membership is GBP 30 (discounted from the GBP 310 which we charge in the UK). We encourage payment by credit card, and payment to be made in GBP.

CIPFA International Public Financial Management qualification

• The follwoing CIPFA papers will be awarded as exemptions to members of PIPFA. Any additional exemptions will be awarded subject to amendments to the PIPFA qualification and module choices.
  • Strategy and Policy Development
  • Company Financial Reporting
  • Audit and Assurance
  • Financial Accounting
  • Management Accounting

Special Committees

Executive Committee

Board of Studies

Examination Committee

Regulation & Disciplinary Committee

CPD & Seminar Committee

Research & Publication Committee

Technical Committee

Budget & Investment Committee