ICAP Examination and Exemption fees for 2021 is described in detail below;
ICAP EXAMINATION FEE:
AFC Examination Fee:
The examination fee depends on the number of exams in each respective levels and the amount of exams a candidate wants to appear in. The AFC examination fee for 1 paper is Rs. 5,600/-.The AFC examination fee for 2 paper is Rs. 9,800/-.The AFC examination fee for 3 paper is Rs. 14,000/-.The AFC examination fee for 4 paper is Rs. 18,200/-.

AFC EXAMINATION (including CBE charges) | Pak Rupees |
1 paper | 5,600 |
2 papers of same stage | 9,800 |
3 papers of same stage | 14,000 |
4 papers of same stage | 18,200 |
CAF Examination Fee:
The CAF examination fee for 1 paper is Rs. 4,200/-.The CAF examination fee for 2 paper is Rs. 7,000/-.The CAF examination fee for 3 paper is Rs. 12,600/-.The CAF examination fee for 4 paper is Rs. 12,600/-.The CAF examination fee for 5 paper is Rs. 15,400/-.The examination fee for Writing skills test is Rs. 1,900/-.
CAF EXAMINATION | Pak Rupees |
1 paper | 4,200 |
2 papers of same stage | 7,000 |
3 papers of same stage | 9,800 |
4 papers of same stage | 12,600 |
5 papers of same stage | 15,400 |
Writing Skill Test | 1,900 |
CFAP & MSA Examination Fee:
The examination fee for 1 paper of CFAP paper is Rs. 8,700. For each additional paper candidate has to pay an additional amount of Rs. 3,400.
Example If student wants to appear is three papers of CFAP examination He/ She will pay Rs. (8,700+(3*3,400))=Rs. 18,900/-
The examination fee for 1 paper of MSA Level is Rs. 12,300.The examination fee for 2 paper of MSA Level is Rs. 18,600.
1 paper of CFAP | 8,700 |
For each additional paper | 3,400 |
Multi Subject Assessment (One paper only) | 12,300 |
Multi Subject Assessment (Two papers) | 18,600 |
Subscription Fee:
The students of ICAP has to pay an annual subscription fee of Rs. 2,000/-
Annual Subscription Fee | 2,000 |
Registration Fee:
The registration fee which is to be paid depends on the entry level of each individual student. The registration fee as Student only is Rs. 18,700/- whereas fee for Registration as Training on Probation and Transfer Fee for Trainee Student is Rs. 24,300/- and Rs. 17,000/- respectively.
Registration Fee | Rupees (Rs.) |
Registration as Student only | 18,700 |
Registration as Training on Probation | 24,300 |
Transfer Fee for Trainee Student | 17,000 |
EXEMPTION FEE:
Level wise Exemption Fee:
ICAP exemption fee depends on the stage in which students wants to get exemption and number of exemptions He/ She wants to avail. The ICAP exemption fee in AFC stage is Rs. 3,900/-The ICAP exemption fee in CAF stage is Rs. 4,700/-The ICAP exemption fee in CFAP stage is Rs. 7,300/-The ICAP exemption fee for two papers in MSA stage is Rs. 18,600/- The ICAP exemption fee for Presentation and Communication Skills Course (PCSC) course is Rs. 1,900/-
Assessment of Fundamental Competencies (AFC) – Per Paper | 3,900 |
Certificate in Accounting and Finance (CAF) – Per Paper | 4,700 |
Certificate Finance and Accounting Professional (CFAP) – Per Paper | 7,300 |
Multi Subject Assessment (Two papers) | 18,600 |
Presentation and Communication Skills Course (PCSC) | 1,900 |
exemption Fee for professional qualifications:
The exemption fee for professional qualification varies depending on whether the students wants to obtain reciprocal membership or He/ She is exemption certain amount of papers.
The exemption fee for PIPFA qualified candidates is Rs. 29,700/-.The exemption fee for ICAEW/ICAI/ICAS/CAANZ/CPA Canada qualified candidates is Rs. 107,600/-.The exemption fee for ICMAP qualified candidates is Rs. 57,900/-.The exemption fee for CIMA qualified candidates is Rs. 48,500/-.
The exemption fee for ACCA qualified candidates depends on the number of exemptions available. The number of exemptions available depends on the selective subjects passed by the students.
- In case of exemption from six papers ACCA qualified candidates has to pay exemption fee of Rs. 26,600/-
- In case of exemption from Seven papers ACCA qualified candidates has to pay exemption fee of Rs. 31,300/-
- In case of exemption from Eight papers ACCA qualified candidates has to pay exemption fee of Rs. 36,000/-
Exemption Fee | Pak Rupees |
For PIPFA qualified candidates | 29,700 |
For ICAEW/ICAI/ICAS/CAANZ/CPA Canada qualified candidates | 107,600 |
For ICMAP qualified candidates | 57,900 |
For CIMA qualified candidates | 48,500 |
For ACCA qualified candidates | |
Exemption from six papers | 26,600 |
Exemption from seven papers | 31,300 |
Exemption from eight papers | 36,000 |
Focus:
ICAP Examination and Exemption fees for 2021 ICAP Examination and Exemption fees for 2021 ICAP Examination and Exemption fees for 2021 ICAP Examination and Exemption fees for 2021 ICAP Examination and Exemption fees for 2021 ICAP Examination and Exemption fees for 2021