Directives-1 23
Directives-1 23
Directives-1 23
23
Directive 1.23
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The Institute of Chartered Accountants of Pakistan Directive 1.23
TABLE OF CONTENTS
Paragraph Description Page No.
1 Approval mechanism 3
2 Register of approved course providers 3
3 Requirements for approval 3
4 Course certification 4
5 Oversight by the Institute 5
6 Withdrawal of approval 5
7 Appeal 5
8 Fees and other dues 6
9 Effective date 6
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The Institute of Chartered Accountants of Pakistan Directive 1.23
1. APPROVAL MECHANISM
(1) This directive provides two modes of registration of Course Providers:
(i) Application based registration
(ii) Institute’s unilateral registration
(1) Eligibility
The applicant should be a:
(i) Registered Accounting Education Tutor of the Institute; or
(ii) Degree awarding institution recognized by HEC; or
(iii) Certificate awarding institution, registered with a technical board approved by the provincial
or federal government, with three or more years’ experience of providing training of the same
or similar hands-on courses.
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The Institute of Chartered Accountants of Pakistan Directive 1.23
(3) Faculty
Faculty shall have the following profile:
(i) minimum 16 years of education in any discipline; and
(ii) minimum three years of teaching experience with relevant certifications from a reputable
institute in the subject/field.
(iii) The faculty with other qualification may be engaged with the specific approval by ETCOM.
(4) Class
Class size shall not be more than thirty students.
4. COURSE CERTIFICATION
(2) The ACP shall issue course completion and passing certificate on the format specified by the
Institute only to those candidates who:
(i) have submitted their periodic feedback of the course to the ACP,
(ii) have achieved minimum of 70% grades in the summative assessment,
(iii) have maintained a minimum of 90% attendance in the class,
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The Institute of Chartered Accountants of Pakistan Directive 1.23
(iv) in case of self-paced e-learning mode, have fulfilled at least 90% of the course requirements,
and
(v) have successfully completed course assessment requirement.
6. WITHDRAWAL OF APPROVAL
(1) In case of:
(i) non-payment of dues under this Directive; or
(ii) adverse Visit Report,
the Institute may take the actions as per paragraph 6(2):
(2) The actions against the defaulting ACP may be as follows:
(i) withdraw the approval of ACP in default;
(ii) suspend approval for a specified period and direct the ACP in default to comply with the
requirement within a specified period;
(3) In case of withdrawal and/or suspension, further intake for HOCs shall not be allowed.
7. APPEAL
(1) An applicant or an ACP aggrieved by the decision of Institute may prefer an appeal to the Council,
within 30 days of receiving the decision.
(2) The Council may, as the case be, after considering the facts, revert, amend or uphold the previous
decision.
(3) The ACP shall continue offering the Course till the decision of the Council on its appeal is
communicated to ACP.
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The Institute of Chartered Accountants of Pakistan Directive 1.23
Particular Rupees
Approval fee shall be paid along with the application 75,000
Annual fee in respect of each calendar year shall be payable in advance 50,000
by January 31 of that calendar year.
(2) The proprietor and partners/directors of an ACP shall be jointly and severally responsible for the
payment of fee and other dues within the time specified under this scheme.
9. EFFECTIVE DATE
This notification shall become effective on June 15, 2022.