According to reports Commercial recorder.
The Board will focus on improving the quality of audits and promoting professional ethical conduct in Pakistan.
The institute said the program complies with global best practices and complies with standards set by the International Audit and Assurance Standards Board (IAASB) and the International Ethical Standards Board (IESBA).
The ASEB is composed of representatives of regulatory and financial institutions.
These include the Pakistan Securities and Exchange Commission, the National Bank of Pakistan, the Pakistan Stock Exchange and the Auditor General of Pakistan, as well as the Practice Members of ICAP and Industry Professionals.
This development comes after the recent elections for the new ICAP office sponsor of 2025-2026.
In a meeting in Karachi, Saif Ullah unanimously elected as president, and Muhammad Awais and Muhammad Samiullah Siddiqui were appointed vice presidents.
The institute also plans to host its CFO conference with the theme of “Quantum Leap: Agility and Competitive Advantage”, which is scheduled for May 6 in Karachi and May 8 in Lahore.
The ICAP target was established on July 1, 1961, to regulate the accounting industry in Pakistan.
The institute actively cooperates with a variety of policy-making agencies and regulators including Pakistan State Bank, the Federal Revenue Agency and other ministries to strengthen the country’s regulatory framework.
It also has an international business and is a member of the International Federation of Accountants, the South Asian Federation of Accountants and others.
“Pakistan’s ICAP Form ASEB” was originally created and published by accountants owned by global databases.
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