Articles for Accountancy Students

Why Islamic banking?

Islamic banking is based on Sharia that prohibits ‘riba’. According to religious scholars it means both usury and interest, and ‘gharar’, that signifies ambiguity, uncertainty, or lack of specificity in terms of a financial contract.

Recent Education Articles

Accounting Education News

Over 6,000 students worldwide take major step towards becoming ACCA members

KARACHI (August 24, 2010) - Results from the latest examinations of ACCA (the Association of Chartered Certified Accountants) show that more than 6,000 students around the world successfully completed their final papers to become affiliates and move closer to membership of the global body for professional accountants.

ACCA launches Foundations in Accountancy awards

KARACHI (Jul 19, 2010) - ACCA Pakistan has announced Foundations in Accountancy, a new suite of entry-level awards designed with both students and employers in mind. Foundations in Accountancy is being introduced after detailed consultation with employers, learning providers, members, students and other professional accountancy bodies and regulators.

ACCA and PIFRA Sign MoU for Financial English Training

KARACHI (June 11, 2010) - ACCA Pakistan has reiterated the value of ICFE (International Certificate in Financial English) to its partners in the corporate and public sectors by recently signing a memorandum of understanding with PIFRA (Project for Improvement of Financial Reporting and Auditing).

Results from ACCA Show Continuing Rise in Demand for Accountants

KARACHI (April 26, 2010) - ACCA (the Association of Chartered Certified Accountants) continues to see growth in member and student numbers, reflecting the need for professional accountants, especially in the context of global economic conditions. The global membership of ACCA now stands at 140,000, a growth of 6.5 per cent from the 31 December 2008 figure of 131,500 members.