A PROTEST by ACCA students against the blocking of their registration with firms by the Institute of Chartered Accountants of Pakistan (ICAP) has been called off.
The Pakistani institute had directed firms to stop training members from foreign institutes, including ACCA, ICAEW and CIMA.
A Facebook campaign was launched aimed at protesting against ICAP’s decision, which saw more than 800 people agree to attend the protest yesterday at various ICAP offices. However, it is understood that ongoing discussions between ACCA and ICAP saw the protest called off.
All three institutes have acknowledged the Pakistani professional body’s stance and have told Accountancy Age they are in discussions with the ICAP.
ACCA has more than 1,500 members and nearly 50,000 students in Pakistan.