Professionals' Academy of Commerce (PAC)

Accountants of Pakistan (ICAP) introduced full-time classes for C.A Foundation, another institution under the name and style of The Professionals’ Academy of Commerce was established. Most of the friends and relatives of the founder doubted his wisdom in leaving a secure job and starting a formal Chartered Accountancy education institute. In the beginning, a few people joined Mr. Ishfaq Ahmed and supported his mission to change the future of accountancy education in the country. Today there are more than 33 colleges spread across the country imparting education to the students of accountancy and this has been made possible by the vision given by the Founder of PAC more than two decades ago. Ishfaq had great love for his students and in turn was greatly admired by them. His aim was to work for their better education, career and life. On one occasion he even went to the extent of filing a writ petition in the Lahore High Court against the compulsory buying of study packs, which ultimately resulted in the withdrawal of that condition by ICAP. Whenever there were matters affecting students and profession of Chartered Accountancy, Mr. Ishfaq Ahmed took the lead in making representation to the ICAP. The founder of PAC played a key role in filing a writ petition against the limitation of the number of attempts to qualify as a Chartered Accountant. Ishfaq Ahmed, FCA (late) strongly believed in Namaz (prayer), Such (truth) and Rizq-e-Halal (honest earning) and left these important values which form the foundation of PAC culture.