ICAP is a member of International Federation of Accountants (IFAC), International Accounting Standards Board (IASB), South Asian Federation of Accountants (SAFA), Confederation of Asian & Pacific Accountants (CAPA), Asian-Oceanian Standard-Setters Group (AOSSG), Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Chartered Accountants Worldwide (CAW). ICAP was awarded the associate membership by Chartered Accountants Worldwide (CAW), which made ICAP the second professional body to be admitted to the organization since its launch in February 2013.