The Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan)
was  established  in  1951  with  the   objective  to   regulate   and  promote  the
profession  of  Management  Accounting  in  Pakistan. A  student  can appear In
maximum   of   six   papers   upto   Strategic   Level-1  examination,  if  he/she   has
passed/exempted from all the papers of upto Managerial Level-1 and appeared
 In all papers of Managerial Level-2.