ICAP established Digital Assurance and Accounting Board in 2018, with
the objective to serve the public interest; to contribute policy
recommendations; and to provide support towards embedding
technology-based solutions in accounting, assurance and various
businesses. Since inception, Digital Assurance and Accounting Board
has gained recognition for its proactive initiatives for upskilling
the Finance Professionals.
The Digital Assurance and Accounting Board comprises of 17 members for
the tenure 2022-2024. The members of the board represent the Council
members, Industry/ business/audit firms, government organizations, IT
experts, and education institutes.
Digital Assurance and Accounting Board of ICAP actively promotes the
utilization of emerging technologies, including Artificial
Intelligence, Internet of Things, Smart Contracts, Smart Industry,
Cyber Laws, Digital Literacy, and Blockchain, in academia, audit
firms, and industry, to address all related areas within its scope.
Our Goal to promote to integrate cutting-edge digital technologies into the accounting profession, driving innovation, encourage excellence and shaping the future of financial and assurance services."
Our Aim To advance the accounting profession by monitoring and promoting emerging digital technologies, fostering collaboration with key stakeholders and delivering comprehensive training and support. We aim to ensure that accountants are equipped with the knowledge and tools needed to navigate the digital landscape, uphold standards, and serve the public interest effectively.
The Digital Board has introduced flagship training initiatives that have garnered an excellent response from participants spanning from all over the world specially from Australia, USA, Canada, Qatar, KSA, UAE and Pakistan. These programs are specifically tailored for any finance professionals and members of the Institute of Chartered Accountants of Pakistan, with the added inclusion of participation opportunities for SAFA members in the signature training programs offered by the Digital Board. The board is proactively engaged in enhancing the skills of members and students by providing them with up-to-date training in the latest technologies.
The program is designed to provide an understanding of the concepts, principles, and best practices associated with technology assurance. The program covers a wide range of...
Data Analytics Training Program equips professionals with the skills and knowledge needed to excel in the rapidly evolving field of data analytics. It offers an unparalleled learning experience...
While RPA is used to work in conjunction with people by automating repetitive processes (attended automation), AI is viewed as a form of technology to replace human labor and automate end-to-end...
Feb-15 | Fifteenth Batch Online Launched
Nov-16 | Fourteenth Batch Online Launched
Oct-15 | Thirteenth Batch Online Launched
Jun-01 | Twelfth Batch Online Launched
Mar-20 | Eleventh Batch Online Launched
Jan-27 | Tenth Batch Online Launched
Dec-17 | Ninth Batch Online Launched
Oct-21 | Eighth Batch Online Launched
Jul-15 | Seventh Batch Online Launched
May-7 | Sixth Batch Online Launched
Mar-11 | Fifth Batch Online Launched
Jan-21 | Fourth Batch Online Launched
Oct-21 | Third Batch Online Launched
Jul-16 | Second Batch Onsite Launched
Jul-17 | Second Batch Online Launched
Sep-18 | First Batch Online Launched
Feb-15 | Sixth Batch Launched
Sep-7 | Fifth Batch Launched
Apr-15 | Fourth Batch Launched
Jan-27 | Third Batch Launched
Sep-24 | Second Batch Launched
May-6 | First Batch Launched
Nov-7 | SAP Learning Hub Free Program
Jan-8 | Tech Talk on Finance Reimagined with Artificial Intelligence & Robotic Process Automation
Nov-8 | Celebration Excellence: TAC Huddle Meet-Up
Mar-4 | Workshop on Generative AI in Finance & Accounting
Dec-15 | Huddle Meet-Up of Technology Assurance Mentors, Trainers
and Participants
Dec-3 | Webinar on Intelligent Automation and Robotic Process
Automation
Aug-25 | Webinar on Countering Frauds, Cybercrimes & Cutting-Edge
Forensic Techniques
Mar-3 | Webinar on Finance and Audit Automation with Data Analytics
& Artificial Intelligence
Sep-3 | Mentorship Program on Data Analytics
Jun-23 | Seminar on How to Thrive in Innovation Age
Feb-3 | Webinar on Data Privacy and Cyber Security in a Digital
Era
Sep-27 | Webinar on Digitizing Transactions and FinTech Ecosystem
Aug-2 | Digital Technology Awards
Aug-12 | AccountTech Innovation Congress – Launched
Feb-1 | First Batch Launched
The Digital Assurance and Accounting Board of ICAP has announced first-of-its-kind The Digital Technology Awards - AccounTech Innovation Congress, in the year 2023. The Congress is unique & first of its kind where Finance, Tech & Corporate Sector meet up to showcase the innovations & cutting edge technologies made or by Pakistani companies locally and Overseas, where an ICAP Chartered Accountant has been involved. The Congress aims to celebrate and recognize the remarkable achievements in the world of Accounting, Auditing and Data Analytics. In this fast-paced and ever-evolving industry, the Digital Technology Awards provide a platform to honor the organizations that have revolutionized the digital landscape and significantly contributed to its advancement.
From banking to retail operations, financial technologies are
bringing in radical transformations in the ways financial
transactions are managed and governed. There is greater flexibility
yet rising concerns for associated risks in digitalizing operations.
Digital Assurance and Accounting Board (DAAB) of ICAP, comprising of
leading technology and domain experts from diverse background in
association with Pakistan FinTech Association is proposing for a
webinar on the theme emerging trends in FinTech. One of the
functions of the Board is to create and disseminate necessary
technical knowledge that augments changing demand for professionals
to be technologically grounded within the emerging financial
technologies. Under the guidance of the Board, an awareness webinar
on FinTech infrastructure is being proposed for all members.
Watch the complete webinar here:
https://www.facebook.com/ICAP.CA/videos/369112638217809
This webinar strives As the world emerges from the COVID pandemic,
increase in cyber threats is among the greatest global risks.
Companies are under pressure to digitize and automate, however,
often this has been built on the backbone of ageing technology;
which has led to disruptions and greater exposure to cyberattacks
and ransomware. Cyber threats are now growing faster than our
ability to prevent and manage them effectively. While other nations
have enacted via comprehensive data privacy legislations in response
to the pressing need, Pakistan must prioritize the creation of
strong data protection and cybercrime laws as part of a larger cyber
security policy. The webinar will shed light on the evolution,
challenges, current trends and prospects for emerging needs in data
privacy and cyber security for corporate sector
Watch the complete webinar here:
https://www.facebook.com/watch/live/?ref=search&v=364686898417402
To harness challenges of digital era, organizations need right
people with the appropriate skills to bring in necessary competitive
advantage. As such, finance professionals are now required to
develop data literacy to be able to marry business acumen with
analytical and predictive skills for agile decision-making.
Some of the other critical challenges of technology are system
security and audit. As compared to conventional processes that are
human centered, technology has changed the ways businesses are
performance. Information Systems, where are providing tools to
bridge technological advances and business profitability, also are
subject to security threats, malware and data protection issues.
Professionals, in order to bring proactive approaches for business
sustainability, must also be vigilant of latest developments,
international best practices and risk mitigation strategies in both
data analytics as well as information systems.
Watch the complete webinar here:
https://www.facebook.com/ICAP.CA/videos/369112638217809
This webinar strives As the world emerges from the COVID pandemic, increase in cyber threats is among the greatest global risks. Companies are under pressure to digitize and automate, however, often this has been built on the backbone of ageing technology; which has led to disruptions and greater exposure to cyberattacks and ransomware. Cyber threats are now growing faster than our ability to prevent and manage them effectively. While other nations have enacted via comprehensive data privacy legislations in response to the pressing need, Pakistan must prioritize the creation of strong data protection and cybercrime laws as part of a larger cyber security policy. The webinar will shed light on the evolution, challenges, current trends and prospects for emerging needs in data privacy and cyber security for corporate sector.
The Digital Assurance and Accounting Board, understanding the usefulness of ERP training for CA students launched the free SAP learning hub. The program was launched on November 7, 2022. The Board piloted the program for 250 students as it required ICA Pakistan’s domain email ID. However, in the month of December all 1450 CAF qualifying students were given access to SAP Learning Hub. Digital Board is of the view that all CA students should be offered this program and plans giving access to the 43,720 active students.
ICA Pakistan is migrating to SAP, this will enable the institute to streamline and strengthen its administrative process to improve member and student engagements and decision making, below are some key advantages to be gained by this implementation:
The Digital Board of ICA PAKISTAN, organized a transformative
webinar on “Finance and Audit Automation with Data Analytics &
Artificial Intelligence” on March 3, 2023. The webinar intended to
provide participants with practical guidance on how to implement
finance and audit automation solutions using data analytics and
artificial intelligence. Overall, webinar on "Finance and Audit
Automation with Data was not only informative but interactive as
well, allowing students and members from Pakistan, the Middle East,
Europe, and North America to ask questions via chat.
In today's world, technology plays a critical role in driving
businesses forward, and data has become a key driver of success.
With the widespread adoption of digitization, companies and
professionals can no longer afford to dismiss data, automation and
technology as mere buzzwords. As a result, the business landscape
has undergone a significant transformation, with a massive amount of
data readily available, making it imperative for businesses to
analyze this data in an efficient manner to remain competitive.
Watch the complete webinar here:
https://www.youtube.com/watch?v=zjbJyHUkmys
The Digital Board of ICA Pakistan recently hosted a webinar on
August 25, 2023, addressing the growing concerns of fraud,
especially during the pandemic. Titled “Countering Frauds,
Cybercrimes & Cutting-Edge Forensic Techniques,” the goal was to
empower professionals worldwide with the knowledge and tools needed
to combat these evolving challenges in the digital era.
The webinar covered a wide spectrum, offering insights into fraud
prevention, cybercrime mitigation, and advanced forensic
investigation techniques. The webinar covered a wide spectrum,
offering insights into fraud prevention, cybercrime mitigation, and
advanced forensic investigation techniques. This webinar strives to
provide participants with a comprehensive understanding of fraud
prevention, cybercrime mitigation, with the help application of
cutting-edge forensic investigation techniques. Through insightful
panel discussions and expert guidance, participants will gain
valuable insights into the latest trends, preventive measures, and
investigative techniques, which will help in ensuring safety,
security and authenticity of the digital transactions,
consequentially mitigating the risks and losses.
Watch the complete webinar here:
https://www.youtube.com/watch?v=RxHoKKmzdb0
Artificial Intelligence is revolutionizing the way we live and work.
This webinar is your gateway to mastering AI concepts and building
valuable insights. This event promises insights and knowledge that
will shape your future as an accountant in the era of AI and RPA.
This ground breaking webinar is your guide to understanding the
indispensable skills crucial for the forthcoming workforce. In a
swiftly shifting environment, mastering of Robotic Process
Automation (RPA) and Artificial Intelligence has shifted from an
option to an absolute necessity for anyone aspiring to keep pace
with the demands for evolving job market.
Watch the complete webinar here:
https://fb.watch/p6k6RCn4Ij
In its ongoing endeavor to recognize, appreciate and encourage the
usage of cutting-edge technology in making business decisions and in
the field of Accounting, Internal Audit and Data Analytics by
chartered accountants, the Digital Board of the Institute of
Chartered Accountants of Pakistan (ICAP) hosted the inaugural
Digital Technology Awards - AccounTech Innovation Congress, on 12th
August, 2023 in Karachi, Pakistan.
The overarching goal of the Awards was to provide a platform to
display skills and talents in innovative cutting-edge technology,
enabling professionals from all sectors including finance and
technology sectors.
During this event, both local and international Pakistani companies
showcased impressive innovations and state-of-the-art technologies,
with a noteworthy presence of ICA Pakistan Chartered Accountants
among four team members.
Watch the complete webinar here:
https://icap.org.pk/files/per/publications/data/DTA-2023-article.pdf
The huddle meet-up organized by the Digital Board of the ICA
Pakistan on December 15, 2023, brought together participants of the
Technology Assurance Certificate Program in an immersive exploration
of the dynamic field of Tech Assurance. This event served as a nexus
where industry leaders converged to delve into the cutting edge of
technological advancements.
The huddle served as a valuable platform for participants to connect
with mentors, trainers, and fellow participants. As a gesture of
recognition, those who successfully completed the Technology
Assurance Certificate Program were honored with certificates,
symbolizing their commitment and achievement.
Mr. Farrukh Rehman, a Council Member of the Institute of Chartered
Accountants of Pakistan, shared insights into the journey of the
Technology Assurance Certificate Program. He unveiled the challenges
and triumphs faced by the core team in developing the TAC program.
Following this, Ms. Khursheed Kotwal, Chairperson of the Digital
Assurance and Accounting Board, illuminated the way forward for TAC.
A key highlight of the event was the keynote address by Mr. Syed
Khalid Noor, who shared his incredible experiences in a senior
management role, particularly in managing technology risk. This
provided participants with valuable insights into real-world
applications and challenges.
The event commenced with a ceremony to distribute certificates,
acknowledging the hard work and successful completion of the
program. Guest speaker Heena Sadiq shared her anticipation of how
the audit profession is likely to change in the next five years due
to technology disruptions, offering participants foresight into the
most in-demand skills.
Ziad Chowdhrey, presenting the CFO's perspective, captivated the
audience with insights that enriched their understanding. The minds
behind the program, Mr. Hassan Husseinali and Ms. Zainab Hameed,
facilitated a powerful and interactive session, allowing
participants to share their experiences and insights.
The entire program garnered high praise from participants,
showcasing the event's success in providing a remarkable platform
for learning, networking, and recognizing achievements in the
dynamic field of Technology Assurance. The event concluded on a high
note with closing remarks from Saira Nasir, encapsulating the
collaborative spirit and forward momentum of the Tech Assurance
Huddle Meet-up.
Generative Artificial Intelligence (AI) is rapidly reshaping the
landscape of finance and accounting, offering transformative
potential for professionals in these fields. Recently, the Digital
Assurance and Accounting Board of ICAP organized a workshop focusing
on the application of Generative AI in finance and accounting.
It provided a comprehensive understanding of Generative AI and its
potential impact on finance and accounting practices. Industry
experts elucidated the mechanics of Generative AI, dispelled common
misconceptions, and explored its real-world applications within the
financial sector. Furthermore, the workshop sought to address key
challenges and considerations surrounding the implementation of
Generative AI, including privacy concerns and regulatory frameworks.
The event featured insights from industry experts, including Mr.
Farrukh Rehman, President of ICAP, Mr. Nabeel Mirza from Kanbina
London, Mr. Farzad Sunavala from Microsoft, and Ms. Khursheed
Kotwal, Vice President and Chairperson- Digital Assurance and
Accounting Board.
Link to Workshop
Following the Digital Technology Awards, DAAB initiated strategic
discussions with industry leaders to explore future collaborations.
In response to professional demand, ICAP announced an upcoming
webinar series with the award-winning teams to: Showcase
award-winning projects.
• Provide a platform for knowledge sharing.
• Inspire further innovation within the community.
The webinar series by Alfalah Bank and Telenor Microfinance bank has
received an immense response from the viewers.
Following the successful Grand Finale of The Digital Technology
Awards held on 2nd August 2024, the President ICAP, Mr. Farrukh
Rehman, along with Vice President Ms. Khursheed Kotwal, Secretary
Mr. Omair Jamal, and the ICAP team, extended their warm
congratulations to the winning teams.
During the post-awards gathering, several insightful discussions
were held, focusing on areas of mutual interest and potential
collaborations with industry leaders. As a result of these
engagements, and at the request of professionals in the field, ICAP
will be launching an exciting webinar series.
On November 8, 2024, the DAAB hosted the Technology Assurance Huddle
Meet-Up, celebrating milestones, shared learning, and the strong
community forged through recent cohorts. This vibrant gathering
brought together participants, mentors, industry leaders, and tech
gurus. Participants were awarded certifications, symbolizing their
expertise and commitment to technology assurance.
With over 200 professionals trained in cybersecurity, IT audit, risk
management, and information security compliance, the program
continues to set benchmarks.
The Digital Board has successfully launched five new cohorts of the
globally recognized and highly acclaimed Data Analytics Training
Program. With over 1,300 participants fully trained, the program
continues to gain momentum and establish itself as a benchmark in
professional development.
To meet the growing demand and maintain its reputation for
excellence, the Board plans to launch new batches every month in the
coming year. To support this expansion while ensuring uncompromised
quality, a robust pool of trainers has been strengthened through the
onboarding of new, carefully vetted vendors. This initiative
underscores the Board’s commitment to delivering cutting-edge,
high-quality training to a global audience.
The Digital Assurance & Accounting Board of ICAP has successfully trained over 200 professionals through its 44-hour online Technology Assurance Certificate Program. This comprehensive program equips participants with essential skills in cybersecurity, IT audit, risk management, and AI-powered automation. To broaden the market of this program the board has taken an initiative to revamp the program as per the demand of market.
The Digital Assurance and Accounting Board of ICAP hosted the Data Analytics Huddle – Power of Progress on May 16, 2025. The huddle aimed at bringing together participants, alumni, trainers, and industry professionals for an evening to celebrate the qualifying participants and recognize the efforts of the top achievers of the Data Analytics training program. The platform provided a chance to learn from peers and network.
In addition to the celebration, the event featured a Power BI
activity where participants worked on a structured business case
study using raw datasets to develop insightful dashboards and
compelling video pitches. This hands-on challenge highlighted their
ability to convert complex data into clear, actionable insights.
The Huddle captured the true essence of progress, practical
learning, and the growing strength of ICAP’ s data analytics
community.
The Digital Assurance & Accounting Board of ICAP, in
collaboration with the UAE Chapter, hosted an exclusive Tech
Talk: "Finance Reimagined with Artificial Intelligence & Robotic
Process Automation" on January 18, 2025, at Khalidiya Palace
Rayhaan, Abu Dhabi, UAE. The event explored how cutting-edge
Artificial Intelligence (AI) and Robotic Process Automation
(RPA) are transforming the finance industry.
The session featured insights into the role of finance bots in
boosting efficiency. Key themes including:
• Automation of financial operations and internal controls
• Use of finance bots to enhance efficiency and compliance
• Real-world applications of Generative AI in financial
reporting
• Future trends in AI-led transformation across finance
functions
A follow-up hands-on session via zoom was held on February 2,
2025, providing participants with practical training on
developing AI Bots and integrating them into financial
processes.
Digital Assurance and Accounting Board
Email: [email protected]
WhatsApp: + 92 301 5039776
Call:
021-111-000-422 ext. 406