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Tag Archives: Accounting Profession News

Accountants More Optimistic Despite Concerns for Global Economic Conditions: ACCA Survey

KARACHI (June 22, 2010) – The threat posed by levels of sovereign debt and rising inflation to the global economic recovery has been highlighted in the worlds largest regular survey of professional accountants. The Global Economic Conditions Survey for the second quarter of 2010 by ACCA shows that, for the first time, the majority of global respondents now believe that ...

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ICAP Holds Seminar on Key Changes to International Standards on Auditing (ISA)

KARACHI (June 03, 2010) – In 2009 International Auditing and Assurance Standards Board (IAASB) completed its Clarity Project regarding the International Standards on Auditing (ISAs). In view of the significance of the subject and its impact on the auditing profession in Pakistan, the Southern Regional Committee of the Institute of Chartered Accountants Pakistan recently organized a seminar to present the ...

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ACCA calls on G20 nations to drive reform of the global financial agenda

KARACHI (May 26, 2010) – As the Group of Twenty nations (G20) prepares to meet in Toronto next month, ACCA (the Association of Chartered Certified Accountants) has put forward its key recommendations for global policy-makers. On 26-27 June 2010, around 1500 delegates, including heads of state, will convene to discuss the global financial crisis and assess what progress has been ...

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ACCA Gets Brand Award for Second Consecutive Year

KARACHI (May 10, 2010) – ACCA Pakistan has been declared as the winner of 'Brands of the Year Award' in the category of Professional Accountancy Program for the second time, consecutively, this year. ACCA’s success with a decisive majority indicates a continuum of ACCA’s increasing brand popularity, strong stakeholder confidence and a high level of customer satisfaction. The award was ...

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ACCA issues proposals for Federal Budget 2010

KARACHI (April 9, 2010) – Maintaining its practice of submitting annual budget proposals, ACCA Pakistan Budget proposals “Supporting Fair Taxation” outline practical recommendations aimed at establishing a fair taxation system by widening the tax base and nurturing a culture of voluntary tax payment. To make Pakistan’s corporate tax rates globally competitive, a progressive series of rates of 25%, 30% and ...

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ACCA Pakistan Recognises Members through Networking Event

ISLAMABAD (March 12, 2010) – Association of Chartered Certified Accountants (ACCA) Pakistan held an annual networking event for its members in Islamabad today at the Serena Hotel providing a unique opportunity to build linkages within the ACCA community and benefit from networking with leadership from well recognised employers from the industry. This annual networking event marked the celebration of ACCA ...

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ACCA Pakistan to Launch SME Survival Kit

KARACHI (February 12, 2010) – Acknowledging the contribution of the SME sector to the economic growth, ACCA Pakistan in partnership with stakeholders like Small and Medium Enterprise Development Authority (SMEDA) and local chambers has been focusing on enhancing accounting, bookkeeping and taxation skills and knowledge of SME owner managers. ACCA Pakistan SME sub-committee has commissioned an SME Survival Kit that ...

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Accountants for Business: ACCA Pakistan Organises Conference

KARACHI (December 15, 2009) – As part of its Managing Human Capital international series of events, ACCA Pakistan organised a conference “Accountants for Business” at the Marriott Hotel Karachi. The conference provided an opportunity for senior finance and human resources professionals to deliberate over the hallmarks of a strong finance function of a sustainable enterprise, explore the new value-value-adding agenda ...

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Socio-economic factors signal shift in training needs for finance professionals: ACCA

KARACHI (November 18, 2009) – Social and economic trends have influenced dramatically the training requirements of the global finance profession, according to a new report by ACCA (the Association of Chartered Certified Accountants). The accountancy body’s new Insight Report, “The 2009 Employer Guide to Training Trends in Finance” says that social networking habits are driving demand for e-learning. Compared with ...

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ACCA Urges Business Leaders to Look beyond Audit Committees

KARACHI (October 01, 2009) – As the code of Corporate Governance of Pakistan is being reviewed, the business case of board committees other than audit committees need to be discussed urgently and comprehensively, recommends ACCA Pakistan’s exploratory discussion paper “Looking Beyond Audit Committees”. The paper commissioned by ACCA Pakistan Corporate Governance sub-committee aims to be a worthwhile contribution to initiating ...

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