The Institute of Auditing (TIA – Pakistan) entered into Mutual Recognition Agreement (MRA) with The Institute of Forensic Accountants of Pakistan (IFAP) on 5th June 2023 to recognize the qualification, training of each other and admit the members in good standing by prescribing a bridging mechanism. The both Institutes will have an opportunity to play the leadership role in addressing new challenges facing the profession of Internal Auditing and Forensic Accounting in a globalized environment. This Qualification Reciprocal Agreement between two regulatory institutions at both ends brings in elements of enhanced visibility and wider acceptance amongst the stakeholder community thus paving way for augmentation of increased professional opportunities. The TIA and IFAP share common and strong interests in the advancement of the profession of Internal Auditing and Forensic Auditing, especially in relation to the maintenance and strengthening of professional and educational standards in all sectors as well as the internationalization of the profession.
