The Institute of Cost & Management Accountants of Pakistan was established in 1951 and was granted statutory status under the Cost and Management Accountants Act, 1966 for the regulation of the profession of Cost and Management Accounting. ICMAP is the sole provider of cost and management accounting education, training and professional certification in Pakistan. The institute has earned reputation both nationally and internationally for its high standard in imparting education and testing. The Institute has been meeting an important national human resource need through a steady flow of professional management accountants to occupy leading positions in the corporate world.
ICMAP has over 4000 members, who hold senior positions in trade, commerce, industry and government in Pakistan and abroad. The number of active registered students is around 15000, which makes ICMAP one of the largest professional institutions in Pakistan.
Role of Management Accountants
The Management Accountants produced by the Institute, have met the requirements of the industry over the years and performed creditably in the assigned roles. Today, more than 60% ICMAP Members occupy top to middle management positions in industry, financial institutions, consultancy firms etc., as Chief Executive Officers, Managing Directors, Chairpersons, General Managers, Controllers, Directors of Finance, Company Secretaries, etc.
Organisations over the years have turned increasingly complex and the Management Accountants have enhanced their knowledge and sharpened their skills to meet the challenge of change, becoming more important players in the management decision-making. Their training, during this period, has been modified gradually to cover the best financial and business practices with information management skills.
In a business, the role of professional Management Accountants is like brain in the human body. It collects data, analyses it, plans for the future, puts in place an effective control mechanism and operates an emergency alarm system. This being so, the economy is greatly indebted to the contribution of professional Management Accountants.
How Management Accountants Add Value to Business?
Management Accountants are trained to turn knowledge into profit and they are successfully competing in the employment market for senior positions even in the general management areas. Now Management Accountant is more a business manager, who understands the dynamics of business as an organic whole, rather than being a typical "finance man" with tunnel vision.
Some of the areas where qualified Management Accountants can contribute towards better corporate governance are highlighted as under:
Breaking down of cost/expenditure into functions and processes to facilitate cost control at each operational level.
Developing standards for all operating areas and evaluating actuals with the standards.
Analysing overall business and operational data.
Suggesting alternatives to improve productivity.
Identifying areas of wastages, leakages and inefficiencies or invisible losses.
Ensuring optimum utilisation of available resources.
Deploying informative tools for an efficient management information system.
Contributing to Total Quality Management (TQM).
Assisting in decision-making process at all cadres of management.
Academic Calendar for (Fall-2014)Session
ADMISSIONS/REGISTRATION | Dates |
---|---|
Last date for Submission of Exemption Application Forms | October 21, 2014 |
ACADEMIC PROCEEDINGS | |
Commencement of Classes | October 21, 2014 |
Completion of Classes | January 31, 2015 |
EXAMINATION | |
Final Examination | February 17 to 27, 2015 |
Note: Dates are tentative, may be revised.
The following regulations cover the eligibility requirements for taking the ICMAP.
Coaching Classes
The students, who are enrolled under the Coaching Courses program in a particular session, must have attended at least 60% lectures in the class in order to become eligible to appear in the final examination of the subject.
Distance Learning Program
The students, who are enrolled under the Distance Learning Program, have to submit 60% assignments on or before 20th June and 20th December.
Semeter | Subjects Code | Subjects |
---|---|---|
OPERATIONAL LEVEL | ||
Semester - 1 | AF-101 | Fundamentals of Financial Accounting |
ML-102 | Business Economics | |
ML-103 | Business Communication and Report Writing | |
Semester - 2 | AF-201 | Cost Accounting |
ML-202 | Business Mathematics & Statistical Inference | |
LA-203 | Commercial Laws and Professional Ethics | |
MANAGERIAL LEVEL | ||
Semester - 3 | AF-301 | Financial Accounting |
ML-302 | Enterprise Management | |
ML-303 | Information Systems and I.T. Audit | |
Semester - 4 | AF-401 | Management Accounting |
LA-402 | Business Taxation | |
LA-403 | Corporate Laws and Secretarial Practices | |
STRATEGIC LEVEL | ||
Semester - 5 | AF-501 | Advanced Financial Accounting and Corporate Reporting |
LA-502 | Risk management and Audit | |
AF-503 | Strategic Financial Management | |
Semester - 6 | AF-601 | Strategic Management Accounting |
AF-602 | Investment Analysis and Portfolio Management | |
ML-603 | Strategic Management | |
PROFESSIONAL AND COMPETENCE LEVEL | ||
BUSINESS ACCOUNTING (ERP) | ||
Module - 1 | - | Management Information Systems |
- | ERP Training | |
- | Financial Modeling and its tools | |
BUSINESS FINANCE (BANKING & NBFIs) | ||
Module - 2 | - | Banking Operations and Regulations |
- | Capital Market | |
- | Non-Banking Financial Institutions (NBFIs) | |
BUSINESS LAWS & AUDIT | ||
Module - 3 | - | Practical Taxation and e-filling |
- | Company Legals Affairs and Secretarial Practices | |
- | Audit Program and Procedures | |
BUSINESS MANAGEMENT & LEADERSHIP | ||
Module - 4 | - | Presentation Skills |
- | Report Writing | |
- | Interpersonal and Leadership Skills |
Our Dedicated Faculty for Semester - 1
Mr. Sharif Tabani (FCA)
Mr. Tabani is FCA and he qualified in 1988. Since 1988, he has been teaching CA students. He has taught more than 6000 professional student. His special subjects which he enjoys teaching Financial Accounting, Taxation and Cost Accounting.
Sir Zeeshan Malik
Prof. Ghulam Ali
Prof. Ghulam Ali, retired from Govt. College of Commerce and Econimics as prefessor of Economics. He was the Principal of IBE, Gulistan-e-Jauhar Campus for one year and also PECHS campus for 5 year. The rich experience of 39 years that Prof. Ghulam Ali carries, is an asset transfered to the account of IBE.
Sir Aqeel
Miss Iqra Sajjad
Our Dedicated Faculty for Semester - 2
Mr. Sharif Tabani (FCA)
Mr. Tabani is FCA and he qualified in 1988. Since 1988, he has been teaching CA students. He has taught more than 6000 professional student. His special subjects which he enjoys teaching Financial Accounting, Taxation and Cost Accounting.
Mr. Naseemuddin
Mr. Naseem is MSC in Statistics and has been teaching for more than 20 years. During this long period, he has taught countless students. He has been teaching CA Students since introduction of BAC/FTFC.
Sir Imtiaz Malik
Sir Ahmed Raza
Our Dedicated Faculty for Semester - 3
Mr. Majid Masood
Mr. Hammad Sarwar
Miss Iqra Sajjad
Sir Imran Arshad
COACHING, DISTANCE LEARNING PROGRAMME AND EXEMPTION
Students Registration/Restoration/Annual Subscription and Identity Cards Fees | Rs. |
---|---|
Students Registration Fee | 1,500 |
Students Registration Restoration Fee | 1,500 |
Students Annual Subscription | 1,500 |
Student Registration Card (Once) | 500 |
Student Identity Card (Annual) | 250 |
Certificate/Degree Verification fee | 500 |
Co-Curricular Activity fee (Per Semester) | 500 |
Coaching, Distance Learning Programme and Exemption
Semester | Sr.# | Subjects | Subject Wise Coaching and Distance Learning Programme DLP) Fee | Subject Wise Exemption Fee |
---|---|---|---|---|
RS. | RS. | |||
Semester-1 | 1 | Fundamentals of financial Accounting | 6,000 | 3,000 |
2 | Business Economics | 6,000 | 3,000 | |
3 | Business Communication and Report Writing | 6,000 | 3,000 | |
Total | 18,000 | 9,000 | ||
Semester-2 | 4 | Cost Accounting | 6,000 | 3,000 |
5 | Business Mathematics & Statistical Inference | 6,000 | 3,000 | |
6 | Commercial Laws and Professional Ethics | 6,000 | 3,000 | |
Total | 18,000 | 9,000 | ||
Semester-3 | 7 | Financial Accounting | 8,000 | 4,000 |
8 | Enterprise Management | 8,000 | 4,000 | |
9 | Information Systems and I.T. Audit | 8,000 | 4,000 | |
Total | 24,000 | 12,000 | ||
Semester-4 | 10 | Management Accounting | 8,000 | 4,000 |
11 | Business Taxation | 8,000 | 4,000 | |
12 | Corporate Law & Secretarial Practices | 8,000 | 4,000 | |
Total | 24,000 | 12,000 | ||
Semester-5 | 13 | Advanced Financial Accounting and Corporate Reporting | 10,000 | 5,000 |
14 | Risk management and Audit | 10,000 | 5,000 | |
15 | Strategic Financial Management | 10,000 | 5,000 | |
Total | 30,000 | 15,000 | ||
Semester-6 | 16 | Strategic Management Accounting | 10,000 | 5,000 |
17 | Investment Analysis and Portfolio Management | 10,000 | 5,000 | |
18 | Strategic Management | 10,000 | 5,000 | |
Total | 30,000 | 15,000 |
ICMAP Spring 2014 (Merit Certificate) | |
---|---|
Name: Harmain Rasheed Subject: Business Mathematics & Statistical Inference ICMAP Spring 2014 Examination |
|
ICMAP Spring 2013 (Merit Certificate) | |
Name: Urooj Ali Subject: Business Communication & Report Writing ICMAP Spring 2013 Examination |
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