International Affiliations

As a prominent professional institution in Pakistan, we not only fulfill our responsibilities within the country but also play a vital role in contributing to the ever-evolving world economies amidst the waves of innovation and globalization. Recognizing the significance of our global involvement, we have actively supported the formation of international and regional associations, proudly serving as their founding member.

Our commitment to advancing the accounting profession across the globe is exemplified by our active membership in the following international and regional accounting associations.

Through our active engagement in these esteemed organizations, we strive to foster the growth and excellence of the accounting profession on a global scale. With a dedication to upholding the highest standards, we aim to make a meaningful impact in shaping the future of the financial world.

International Federation of Accountants (IFAC)

IFAC stands as the global organization representing the accountancy profession, with an unwavering commitment to the public interest, empowering the profession, and fostering robust international economies.
Comprising 180 members and associates in 135 jurisdictions, IFAC's reach extends to approximately 3 million accountants engaged in public practice, education, government service, industry, and commerce.

The Confederation of Asian and Pacific Accountants (CAPA)

The Confederation of Asian and Pacific Accountants (CAPA) stands as the exemplary representative of national professional accounting organizations in the Asia-Pacific region. Since its establishment in 1980, CAPA has grown to include a prestigious membership of 32 accounting organizations spanning 23 jurisdictions.
As the largest regional accounting organization, CAPA's influence traverses half the globe, fostering unity and collaboration among diverse cultures. With its unwavering commitment to promoting professional excellence, CAPA creates an environment of shared knowledge and mutual growth, transcending borders and enriching the accounting landscape.
In a rapidly evolving era of global interconnectedness, CAPA continues to play a pivotal role, leaving an indelible mark on the accounting profession and reinforcing its position as a beacon of progress and innovation.

South Asian Federation of Accountants (SAFA)

SAFA, as a distinguished forum of professional accountancy bodies, remains steadfast in its commitment to bolster, uphold, and advance the accountancy profession within the SAARC Region. With an unwavering focus on ensuring its sustained eminence in the global realm of accountancy, SAFA tirelessly works in the public interest, fostering broad economic development across the region.
At present, SAFA proudly brings together 12 esteemed accounting bodies, collectively representing a staggering cohort of over 375,000 accomplished professional accountants. Together, they form a formidable force, driving progress and excellence in the field of accountancy.

IFRS Foundation

IFRS Foundation is an esteemed not-for-profit, public interest organization dedicated to crafting top-tier, comprehensible, enforceable, and universally recognized accounting and sustainability disclosure standards. These Standards are meticulously formulated by two distinguished standard-setting boards, namely the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB). Together, they champion the adoption of International Financial Reporting Standards and emphasize value creation as the progressive path in the advancement of financial reporting.

International Corporate Governance Network (ICGN)

ICMA International has achieved a significant milestone by becoming the first Professional Accountancy Organisation (PAO) in Pakistan to join the esteemed ranks of the 'International Corporate Governance Network (ICGN)'. The mission of the International Corporate Governance Network is to champion effective standards of corporate governance and investor stewardship, thereby fostering efficient markets and sustainable economies on a global scale. This noble objective is accomplished through the implementation of the ICGN Global Governance Principles.

UN Women

United Nations Women’s Empowerment Principles WEPs
ICMA is delighted to announce its commitment as a signatory to the United Nation’s Women's Empowerment Principles (WEPs). ICMA is the first & the only member of IFAC in Pakistan which has become a signatory to the platform.
"At ICMA we believe that gender equality makes development stronger, and more sustainable & leads to better business outcomes. It is a pressing moral and social issue and central to corporate social responsibility. By empowering women, we can create a brighter and more inclusive future for all hence, meeting the Sustainable Development Goals (SDGs) requires urgent & targeted action".