{"id":2940,"date":"2020-03-23T18:41:26","date_gmt":"2020-03-23T18:41:26","guid":{"rendered":"https:\/\/www.icap.org.pk\/?p=2940"},"modified":"2020-07-21T07:52:58","modified_gmt":"2020-07-21T07:52:58","slug":"institute-of-chartered-accountants-of-pakistan-advisory-on-corona-virus-covid-19-march-23-2020","status":"publish","type":"post","link":"https:\/\/staging.icap.org.pk\/icap\/institute-of-chartered-accountants-of-pakistan-advisory-on-corona-virus-covid-19-march-23-2020\/","title":{"rendered":"INSTITUTE OF CHARTERED ACCOUNTANTS OF PAKISTAN ADVISORY ON CORONA VIRUS (COVID \u2013 19) MARCH 23, 2020"},"content":{"rendered":"

INSTITUTE OF CHARTERED ACCOUNTANTS OF PAKISTAN
\nADVISORY ON CORONA VIRUS (COVID \u2013 19) MARCH 23, 2020<\/u><\/strong><\/p>\n

Dear All<\/p>\n

We are going through testing times as Coronavirus (COVID-19) is unfolding one of the worst healthcare crisis across the globe. In such a global health calamity, rapid response and collaborative efforts make all the difference. As a socially responsible profession, we all \u2013 the Institute, members, students, our education and training partners – must work together as one community to address the challenges of this pandemic.
\n You would be aware that for the safety of our members, students and staff, we took several measures recently, such as postponement of AFC examinations, closure of all libraries, suspension of all events involving physical gatherings and encouraging staff to work from home as far as possible.
\nAs the situation evolves, it appears that the virus has now virtually brought to a halt all activities across the globe. The next few weeks are really crucial for all of us, more so in Pakistan as Federal and Provincial Governments are bracing for extraordinary measures for containment of this deadly virus. At ICAP, we are continuously assessing the emerging situation and being conscious of these exceptional developments, we have taken further unprecedented and difficult decisions which are being shared here for the guidance of all stakeholders.<\/p>\n

AFC, CFAP and MSA Examinations \u2013 June 2020<\/u><\/strong>
\n The above examinations have been postponed for the time being. The new examination dates would be announced once the situation normalizes. Accordingly, the last date for submission of examination forms has also been extended till further notice.
\n CAF Examinations \u2013 September 2020<\/u><\/strong>
\n We are assessing the impact of the situation on September 2020 examinations. If considered necessary, the examinations would be delayed. However, any decision in this regard would be taken as early as possible, after taking into consideration the ongoing situation.
\n Result of CAF (Spring 2020) Examinations<\/u><\/strong>
\n Though all efforts are being made to declare the result of recently held CAF examinations in time, however, there could be delay in the declaration of result which would be advised accordingly.
\n ICAP Training Organizations and Trainee students<\/u><\/strong>
\n The Training Organizations (TOs) and Trainees are advised to adopt the following practices till normalization of work routines:
\n 1.      The TOs must devise ways and means to encourage Trainees to work from home. Only when it is extremely necessary, Trainees may be called to office for work. However, while making any decision in this regard, the TOs should ensure that the instructions of Federal & Provincial Governments are complied with in letter and spirit.
\n 2.      For Trainees who are required to work in office, the following precautionary measures must be put in place: <\/p>\n