{"id":200,"date":"2019-01-14T11:37:52","date_gmt":"2019-01-14T11:37:52","guid":{"rendered":"http:\/\/localhost\/icap2019\/?page_id=200"},"modified":"2024-03-14T07:36:19","modified_gmt":"2024-03-14T07:36:19","slug":"open-book-examination","status":"publish","type":"page","link":"https:\/\/staging.icap.org.pk\/icap\/students\/examination\/important-notices\/open-book-examination\/","title":{"rendered":"Open Book Examination"},"content":{"rendered":"\n\n\n\n\n\n\n <\/tr>\n\n\n\n <\/tr>\n\n <\/tr>\n\n <\/tr>\n<\/table>\n
Paper<\/strong> <\/strong><\/td>\nPermitted book<\/strong><\/td>\n<\/tr>\n
CFAP-1 Advanced Accounting and Financial Reporting<\/td>\nHandbook of International Financial Reporting Standards and ICAP Code of Ethics for Chartered Accountants (as prescribed from time to time with current version being Revised 2019).<\/td>\n<\/tr>\n
CFAP-2 Advanced Corporate Laws and Practices<\/td>\n\n
    \n
  • Anti-money Laundering Act, 2010 <\/li>\n
  • Anti-money Laundering Regulations, 2015 <\/li>\n
  • Companies (Distribution of Dividends) Regulations, 2017 <\/li>\n
  • Companies (Further Issue of Shares) Regulations, 2020 <\/li>\n
  • Companies (General provisions and forms) Regulations, 2018 <\/li>\n
  • Companies (Incorporation) Regulations, 2017 <\/li>\n
  • Companies (Investment in Associated Companies or Associated Undertakings) Regulations, 2017 <\/li>\n
  • Companies (Postal Ballot) Regulations, 2018 <\/li>\n
  • Companies (Related Party Transactions & Maintenance of Related Records) Regulations, 2018 <\/li>\n
  • Companies (Manner and Selection of Independent Directors) Regulations, 2018 <\/li>\n
  • Companies Act, 2017 <\/li>\n
  • Companies Ordinance, 1984 <\/li>\n
  • Competition Act, 2010 <\/li>\n
  • Corporate Rehabilitation Act 2018 <\/li>\n
  • Corporate Rehabilitation Regulations, 2019 <\/li>\n
  • Corporate Restructuring Companies Act, 2016 <\/li>\n
  • Corporate Restructuring Companies Rules, 2019 <\/li>\n
  • Employees Contributory Fund (Investment in Listed Securities) Regulations, 2018 <\/li>\n
  • Foreign Exchange Manual of State Bank of Pakistan <\/li>\n
  • ICAP Code of Ethics for Chartered Accountants (as prescribed from time to time with current version being Revised 2019)  <\/li>\n
  • Insurance Ordinance, 2000 <\/li>\n
  • Listed Companies (Buy- Back of Shares) Regulations, 2019 <\/li>\n
  • Listed Companies (Code of Corporate Governance) Regulations, 2019 <\/li>\n
  • Listed Companies (Substantial Acquisition of voting shares and Takeovers) Regulations, 2017 <\/li>\n
  • NBFC (Establishment and Regulation) Rules 2003 <\/li>\n
  • Pakistan Stock Exchange Rule Book <\/li>\n
  • Payment System and Electronic Fund Transfer Act, 2007 <\/li>\n
  • Private Placement of Securities Rules, 2017 <\/li>\n
  • Public Offering Regulations, 2017 <\/li>\n
  • Public Sector Companies (Corporate Governance) Rules, 2013 <\/li>\n
  • Securities Act, 2015 <\/li>\n
  • The Banking Companies Ordinance, 1962 <\/li>\n
  • The Non-Banking Finance Companies and Notified Entities Regulations, 2008 <\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
**<\/strong>Note: Hard copies of the books will not be permitted in the examination hall. Link to digital versions of the Bare Acts will be provided in the examination software<\/td>\n<\/tr>\n
Rules and Regulations made thereunder shall be permitted<\/em><\/strong><\/td>\n<\/tr>\n
CFAP-4 Business Finance Decisions<\/td>\n*<\/strong>Formula sheets will be provided by the Institute. (please click here) <\/a> <\/td>\n<\/tr>\n
CFAP-5 Tax Planning and Practices<\/td>\n\n
    \n
  • Income Tax Ordinance, 2001 and related rules <\/li>\n
  • Sales Tax Act, 1990 and related rules <\/li>\n
  • The Provincial Sales Tax Acts <\/li>\n
  • The Islamabad Capital Territory (Tax on Services) Ordinance, 2001<\/li>\n
  • Federal Excise Act, 2005 and related rules <\/li>\n
  • ICAP Code of Ethics for Chartered Accountants (as prescribed from time to time with current version being Revised 2019) <\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
**Note: Hard copies of the books will not be permitted in the examination hall. Link to digital versions of the Bare Acts will be provided in the examination software.<\/td>\n<\/tr>\n
CFAP-6 Audit, Assurance and Related Services<\/td>\nHandbook of International Auditing and Assurance Pronouncements and ICAP Code of Ethics for Chartered Accountants (as prescribed from time to time with current version being Revised 2019).<\/td>\n<\/tr>\n
MSA-1 Financial Reporting and Assurance Professional<\/td>\nAny five books in total from amongst those books specified for subjects comprising this paper.<\/td>\n<\/tr>\n
MSA-2 Management Professional Competence<\/td>\nAny five books in total from amongst those books specified for subjects comprising this paper.<\/td>\n<\/tr>\n
\n\n\n\n\n\n
(ii)<\/strong><\/td>\nOnly the original books duly bound shall be permitted.<\/td>\n<\/tr>\n
(iii)<\/strong><\/td>\nExaminees shall be permitted to highlight or underline the text in the permitted books.<\/td>\n<\/tr>\n
(iv)<\/strong><\/td>\nAny decision taken by the Institute regarding permission to carry a book in the examinations shall be final.<\/td>\n<\/tr>\n
*297th meeting of the Council held on May 9,2018 and 221st Meeting of Examination Committee on October 26,2018<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*373rd Council Meeting held on September 22-23, 2023
\n** 375th Council Meeting – November 16-17, 2023<\/p>\n","protected":false},"excerpt":{"rendered":"

Paper Permitted book CFAP-1 Advanced Accounting and Financial Reporting Handbook of International Financial Reporting Standards and ICAP Code of Ethics for Chartered Accountants (as prescribed from time to time with…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":548,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-200","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/pages\/200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/comments?post=200"}],"version-history":[{"count":16,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/pages\/200\/revisions"}],"predecessor-version":[{"id":9054,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/pages\/200\/revisions\/9054"}],"up":[{"embeddable":true,"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/pages\/548"}],"wp:attachment":[{"href":"https:\/\/staging.icap.org.pk\/icap\/wp-json\/wp\/v2\/media?parent=200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}