Heading: FBR FACES SHORTAGE OF CHARTERED ACCOUNTANTS FOR THIRD-PARTY TAX AUDITORS - 2025-10-21
Karachi, October 21, 2025 – The Federal Board of Revenue (FBR) has initiated the second phase of hiring third-party tax auditors, but the country currently faces a significant shortage of qualified chartered accountants (CAs) to meet the government’s requirements. According to independent human resource firms and data provided by the Institute of Chartered Accountants of Pakistan (ICAP), around 537 candidates successfully cleared all CA written exams in July 2025, marking the highest number in the institute’s history. However, approximately 15–20% of these candidates have not completed their CA articleship, reducing the pool of eligible professionals to roughly 430 candidates. Further analysis suggests that 10–15% are serving abroad and 5–10% have over 2–3 years of post-articleship experience, leaving about 300 freshly qualified CAs ready for employment. In the second phase of hiring auditors, the FBR requires 30% of 1,039 auditors (approximately 312) to be CAs. Human resource experts warn that the existing pool of qualified professionals is insufficient to meet this target. To address this gap, it is recommended that the 30% limitation for CAs be…