Top Definition
The Institute of Chartered Accountants of Pakistan (ICAP) is the formal institute bearing corporate veil via which innocent kids are legally bounded to accept slavery contracts with audit firms for more than 3 years after sticking in the pipeline of CA Foundation and intermediate exams for more than 4 years on average. It reflects the 6-8 years of total misery of students who opted for ICAP, leaving 70% unqualified in the end, rushing towards ACCA/CIMA/CIA/ICAEW or other foreign qualification after wasting golden period.
BEWARE to choose ICAP! have some mercy on yourself and don't go for Institute of Chartered Accountants of Pakistan (ICAP).

Enjoy your student life please and never think about ICAP to ruin the good days.
by ICAP Victim :D November 01, 2011
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