The initial fees for pursuing the Chartered Accountancy (CA) program in Pakistan, particularly for the Pre-Requisite Competencies (PRC) stage, can amount to approximately PKR 100,000. This figure often encompasses a combination of tuition fees for coaching institutes and examination fees payable to the Institute of Chartered Accountants of Pakistan (ICAP) for the foundational stages.
Becoming a Chartered Accountant (CA) in Pakistan is a rigorous journey that involves several distinct stages, each with its own financial implications. The initial phase is typically the Pre-Requisite Competencies (PRC) stage, which prepares students for the core knowledge required for the subsequent levels. Institutions like the School of Business Management (SBM) provide structured programs to guide students through these initial examinations.
Detailed Breakdown of Initial CA Fees
The fee structure for the foundational PRC stage generally comprises two primary categories:
- ICAP Fees: These are official charges payable directly to the Institute of Chartered Accountants of Pakistan for registration, examinations, and other administrative services.
- Tuition Fees: These are paid to coaching centers for academic instruction, study materials, and preparation for the PRC examinations.
Based on fee structures provided by institutes such as SBM for the initial CA program, the costs for the PRC levels can be summarized as follows:
| Code | SBM Tuition Fee (PKR) | ICAP Fee per Subject (PKR) |
|---|---|---|
| PRC-3 | 18,000 | 6,400 |
| PRC-4 | 18,000 | 6,400 |
| PRC-5 | 18,000 | 6,400 |
Note: The PKR 6,400 per subject for the ICAP fee is an independent charge. The total ICAP examination cost for the PRC stage will depend on the exact number of subjects a student takes. The tuition fees listed above cover the coaching and preparatory services offered by the institution.
Overall Initial Program Cost:
For the complete initial stage of the Chartered Accountancy program, as outlined in fee structures for institutions like SBM, the total cost can be approximately PKR 100,000. This amount typically covers the combined tuition for the foundational PRC levels and relevant initial ICAP-related expenses, providing a comprehensive estimate for starting the CA qualification.
It's important to recognize that the total cost for the entire CA qualification, which includes subsequent stages like Certificate in Accounting and Finance (CAF), Certified Financial Accounting Professional (CFAP), and Multi-Subject Assessment (MSA), will be significantly higher and accumulate over the full duration of the program.
For the most current and precise fee details, it is always advisable to consult the official website of the Institute of Chartered Accountants of Pakistan (ICAP) and reputable coaching centers such as the School of Business Management (SBM).
