General Rules
The students, who have passed Bachelor's or Master's examinations from a recognized institute/university from HEC (W Category) or part qualified from ICAP, ICMAP, CIMA-UK and ACCA-UK etc, are eligible to apply for exemption according to the schedule of exemptions. Requested subject(s) should cover at least 70% course outline(s) of the Institute subject(s) in which exemption is sought.
Exemption is granted on the basis of completed academic qualification. Those having passed only part(s) of various qualifications will not be allowed any exemption from any subject of the course. Details of papers exempted for members of professional accounting bodies and holders of other qualifications are given in the schedule of exemptions.
The exemption will be ascertained at the time of registration in PIPFA. If a student appears in a paper of any level in PIPFA and fails and then applies for exemption in that failed paper at later stage on the basis of additional qualification, will not be considered for exemption in any case. However absent student in a paper(s) may be treated as per exemption policies.
The exemption on the basis of master degree will be granted to those students only who have obtained at least 60% marks in Annual Program or at least 2.5 GPA in Semester Program in the subject on the basis of which exemption is applied for. The cases of Failure Condoned in the subject in which exemption is applied for will not be entertained in any case.
The exemptions from any subject of PIPFA syllabus are available only on studying and passing the corresponding course in the qualification on the basis of which exemption is being claimed.
Exemption Certificate
The students, who meet the requirements of exemption policy as mentioned in exemption schedule, will be granted exemption in the relevant subject(s) and will be awarded exemption certificate(s).
Document(s) Attestation (for the purpose of exemptions)
The student will provide HEC attested documents required for the purpose of getting exemptions at the time of applying for exemption. The original attestation by HEC on the original documents (required for the exemption) will be verified by the Center In-charges/Member PIPFA (Active Member) before sending to the Exemption Officer. The remote area students will also produce their HEC attested documents in original duly attested by Member PIPFA (Active Member).
The students who are not able to produce HEC attested documents at the time of filing exemption claim will be given provisional exemption on the basis of which they can appear in the examinations but their result of very first examination taken will not be declared and will not be allowed to proceed further in any examination unless they produce the required documents (HEC attested documents on the basis of which the exemption is being claimed).