16-year degree holders from HEC-recognized local or foreign institutions will be
required to pass the Graduate Conversion Course comprising of the following papers,
in place of CAF examinations:
GCC-1. Business Concept and Environment, comprising of ‘Business and Economic Insights, 'Quantitative Analysis for Business’, and ‘Business Law Dynamics’
GCC-2. Taxation Principles and Compliance (CAF-2)
GCC-3. Management Accounting (CAF-5)
GCC-4. Corporate Reporting (CAF-6)
GCC-5. Audit and Assurance Essentials (CAF-8)
Delivery of courses and examinations of CAF
Candidates can appear in appear in any number of GCC papers.
The examinations for these papers shall be offered on a six-monthly basis.
Time limit for clearing GCC examinations
Candidates registered for the GCC stage will have a maximum of five years from the
date of first attempt of GCC to pass the requisite examinations.