PIPFA's Members - Associate Public Finance Accountants (APFA) or Fellow Public Finance Accountants (FPFA) are among the best accounting professionals in the country and enjoy high professional standing.
PIPFA's Members are already working in industry, trade and services in both public and private sectors. They are eligible for the position of company secretary of listed public companies under the Code of Corporate Governance being member of a recognized body of professional accountants.
PIPFA Members/Qualified can avail various exemptions in acquiring qualifications from the Institute of Chartered Accountants of Pakistan (ICAP), Institute of Cost & Management Accountants of Pakistan (ICMA Pakistan), Chartered Institute of Management Accountants (CIMA), UK, Institute of Chartered Secretaries & Managers, Institute of Corporate Secretaries of Pakistan. Some other professional bodies like ACCA, UK also allow exemptions.
They have pre-membership top quality professional education in the accounting and related field.
They constantly update their professional knowledge, information and skills through the Continuing Professional Development including seminars, workshops, interaction among the professional society, access to special studies and other professional development activities.
PIPFA's pre & post-qualification education and development program adds to professional values in their expertise. PIPFA regulates the professional behavior and conduct of its members to confirm to high standards of professional norms.
PIPFA (Government Sector) qualification has since been notified as one of the required qualification for the positions of Assistant Accounts Officer / Assistant Audit Officer through S.R.O 17(1) / 2000 dated January 22, 2000 issued by Office of the Auditor General of Pakistan, Government of Pakistan.
Ministry of Finance, Government of Pakistan, vide its letter No. F-1 (3) Imp/2012 dated July 16, 2012 has sanctioned qualification pay to the PIPFA qualified (Government Sector) officials @ Rs.800/- per month.
PIPFA's Membership has the unique distinction of representing the entire accounting community of Pakistan and comprising:
- PIPFA qualified,
- Members of ICAP/ICMA Pakistan,
- Fully qualified from ICAP/ICMA Pakistan,
- All but Final part qualified from ICAP/ICMA Pakistan,
- SAS Examination of AGP or Equivalent Examination Qualified,
- Govt. Officers of Audit & Accounts Service who qualified FPO Examination of FPSC
PIPFA and its members are constantly adding value to the accounting profession to meet the challenges of globalization, IT revolution and ever-growing sophistication in business and management field.