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THE INSTITUTE OF CHARTERED ACCOUNTANTS OF PAKISTAN

EXAMINATION PROGRAM - AUTUMN 2021

Assessment of Fundamental Competencies (AFC)

AFC Examination would commence from September 18, 2021. Details of papers, marks and duration are
as under:

Paper ID Subject Marks Duration


AFC-1 Functional English 50 1 hour 30 minutes
AFC-2 Business Communication 50 1 hour 30 minutes
AFC-3 Quantitative Methods 100 3 hours
AFC-4 Introduction to Information Technology 50 1 hour 30 minutes

Exact date and time of the above examinations will be different for each examinee and would be
communicated at least 10 days before the examination to the examinees.

Certificate in Accountins and Finance (CAF)

Morning session
*Pakistan Standard Time (GMT+5) from 9:00 am to 12:15 pm

Hay Date Paper ID Subject


Monday 06.09.2021 CAF-6 Principles of Taxation
Tuesday 07.09.2021 CAF-9 Audit and Assurance
Wednesday 08.09.2021 CAF-5 Financial Accounting and Reporting-I
Thursday 09.09.2021 CAF-8 Cost and Management Accounting
Friday 10.09.2021 CAF-4 Business Management and Behavioural Studies
Saturday 11.09.2021 CAF-7 Financial Accounting and Reporting-II

Afternoon session
^Pakistan Standard Time (GMT+5) from 2:00 pm to 5:15 pm

Day Date Paper ID Subject


Monday 06.09.2021 CAF-1 Introduction to Accounting
Thursday 09.09.2021 CAF-2 Introduction to Economics and Finance
Saturday 11.09.2021 CAF-3 Business Law

^including 15 minutes reading time


I Writing Skills Test (WST)

Fri day (afternoon) September 10, 2021 from 3:00 pm to 4:15 pm.

Muhammad h Ghaziani
Sen ioi\ Direct ( Examinations
March 1x2021

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