HEC Recognizes the ACCA Qualification as Being Equivalent to a Masters Degree

The Higher Education Commission of Pakistan has granted equivalence to ACCA qualification to a Masters level degree. A circular issued by HEC states that ‘HEC recognizes the membership of Association of Chartered Certified Accountants (ACCA) after completion of professional qualification and other requisites including training and required professional experience as equivalent to M.Com. degree awarded by Pakistan universities on the following terms and conditions:

i) There will be no exemption awarded to incomplete qualification of ACCA.

ii) Initial admission in ACCA program must be after having 12 years of education (intermediate level, A-level or equivalent certification from IBCC Pakistan.’