ICAP frequently asked questions (FAQs)

A. If a student is registered under full time scheme, after completion of first two levels (AFC/CAF), the training period would be 3.5 years

- If a student is registered under Trainee scheme on the basis of Four year Graduation/ Post graduation from SDAI (Specific Degree Awarding Institutes), the training period would be 3 years

- If a student is registered under Trainee scheme on the basis of Four year Graduation/ Post graduation (with minimum 45% marks) from any recognized Degree Awarding Institute with major in Accounting or Finance, the training period would be 3 years

- If a student is registered under Trainee scheme on the basis of other Graduation (with minimum 45% marks) including Associate Degree Holder, the training period would be 4 years

A. The registration case should be sent to the Examination Department soon after the probation is started. The training contract should be sent to the Education & Training department, within one month of completion of two months of probation period.

Notes: Incase, the candidate could not continue the training after the probation period for any reason, the probation period will not be counted as training period.

The Training Contract may be transferred to any other training organization with mutual consent of the existing Training Organization (TO) and the Trainee. For this purpose, trainee student may apply to the MRS of the TO for NOC. The firm may issue the NOC to trainee within Three Months of such request. The trainee should join other TO on very next day from the date of leaving of previous TO and training contract for residual training period should be submitted within 30 days from the date of joining.

However, inter-scheme transfer of trainee students is suspended until further notification.

Yes. The fees should be checked from our website using this link. (Transfer Fee for Trainee Student)
http://icap.org.pk/students/fees-and-forms/fees/

Female trainee students shall be eligible to avail a break in their training period up to one year on account of marriage and/or maternity.

Yes, male trainee students are eligible to avail a break of six months with consultation with their MRS.

Yes, you can do it, if you are graduate/ post graduate (with minimum 45% marks).

A. Yes. First of all, the student himself should apply in at least 15 CA firms. ICAP announces the vacancies in its Newsletter. Further, the list of Training Organizations (TOs) where the requirement of trainee students exist is available on our website at this link:
http://www.icap.org.pk/students/training/placements-for-trainees/

A. No, it is not possible.

A. The eligibility criteria for CA trainee students in Training Organizations outside Practice (TOoP) and Training Organizations inside Practice (TOiP) are the same. For further details use this link:
http://icap.org.pk/students/training/training-outside-practice/

A. A person may be provisionally registered as a trainee student where certificate or degree of pre-requisite qualification is awaited in normal course.