INSTITUTE OF COST AND MANAGEMENT ACCOUNTANTS OF PAKISTAN - 300A chartered institute established in 1951 and constituted under Cost and Management Accountants Act, 1966

Realizing the need, the profession of Management Accounting came into existence in Pakistan with the establishment of the Pakistan Institute of Industrial Accountants in 1951 by a legend Finance professional, Mr. Muhammad Shoaib, who also served Finance Minister of the country and senior position at World Bank. The Institute was, later, named as the "Institute of Cost and Management Accountants of Pakistan" and now commonly known with its acronym, "ICMA Pakistan".

The Institute is chartered under Cost and Management Accountants Act No. XIV of 1966 of the Parliament of Pakistan with the objective to regulate and promote the profession of Management Accounting in Pakistan. The activities of the Institute are governed under Cost and Management Accountants Regulations. By virtue of the authority vested-in by the Act and Regulations, the Institute has been entrusted...