Archive for May, 2011
By Ali Ahmad
If we start writing history of accountancy media in Pakistan - I'm sure PakistanACCA will be the most discussed and most accused medium. While many of our friends know what we're doing and appreciate it, some of the new guys (say institutes and companies) are still wondering and doubting our ability to produce sound and authentic news.
We can understand - Before us, the idea of an active accountancy publication was no where around and its okay if it was unc
May 30, 2011
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By Bilal Siddiqui (Karachi)
The 6th meeting of the Asia Network of the Organization fo Economic Cooperation and Development (OECD) on Corporate Governance of State-Owned Enterprises was held in Seoul, South Korea. The event was organized by the OECD jointly with the Korea Institute of Public Finance.
[caption id="attachment_2645" align="aligncenter" width="212" caption="The Organisation for Economic Co-operation and Development is an international economic organisation of 3
May 29, 2011
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By Taha Kazmi (Ireland)
BDO, which according to IAB's report is at the top in mid-tier firms, and in past trying to compete directly with KPMG, recently sued for $10.7 Billion over its roll as auditors of Allen Stanford Business.
According to Bloomberg, the U.S arm of BDO was sued by Allen Investors in a court in Dallas (U.S).
“Despite the pervasive fraud that infected Stanford Financial Group’s operations, BDO repeatedly issued unqualified audit opinions on it
May 29, 2011
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By Ali Ahmad
SKANS has been leading the frontiers of ACCA qualification and one of the first few learning providers, along with PAC and CAMS, to trust Arif Masud Mirza's vision back in 1997 when ACCA first started its operations. In an exclusive interview of Arif Masud Mirza, head of ACCA Pakistan, he mentioned and give due credit to these tuition providers (This interview will be published later).
Not only SKANS maintained its reputation of achieving largest number of
May 26, 2011
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By Bilal Siddiqui
GMI, a famous (or say infamous) term for a company, Gold Mine International, become quite popular in Urban areas of Karachi and Lahore in last 2 years. A company with formerly no head office and based on a lucrative dream of a promise to let you made millions of dollars by selling almost nothing but a promise to others is now working day and night with an office on a main road in Gulshan-e-Iqbal (Karachi).
Yes - They promised you commission if you
May 23, 2011
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By Zaara Rahman
SECP has registered 20 companies with foreign investment in April 2011. According to the sources, these companies are from U.K., China, France, Panama, Australia, Jordan, Japan, Switzerland, the Netherlands, Denmark, Malaysia and Singapore.
[caption id="attachment_2610" align="aligncenter" width="300" caption="Foreign Investment made outside the stock market operations are beneficial for the Economy"][/caption]
Despite sometimes troubled political s
May 23, 2011
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By Bilal Siddiqui
As we reported earlier through our facebook page, it is now confirmed that ICAP extends time for a paper by 15 minutes. The decision was signed on 11th May 2011 after a meeting of Council of ICAP.
According to the notification on their website, which was updated a little late, the question papers for the morning and afternoon sessions would be distributed at 09:00 AM and 02:00 PM and will be recollected at 12:15 PM and 05:15 PM respectively.
&
May 16, 2011
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By Ali Ahmad
Something that is not commonly heard in accountancy circles is a relationship of accountants and militants groups. According to Express Tribune, SSP Omar Shahid, in a press conference on Thursday announced the capture of of four suspected Tehrik-i-Taliban Pakistan members. Surprisingly, one of the suspects is a student of Karachi University.
[caption id="attachment_2600" align="aligncenter" width="300" caption="CCPO Saud Mirza and SSP chief Omar Shahid. (Photo: ET)"]
May 13, 2011
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By Ayesha Adil (Lahore)
Mr. Adnan Rashid, a renowned name in the field of Accountancy and Finance, Principal of CFE (Centre of Financial Excellence) and a profound instructor in the same field. He is also a member of ICAP (Institute of Chartered Accountants of Pakistan). He started training in KPMG Lahore from 1995 – 1999 and became Chartered Accountant in 1999.
After three years of continuous struggle and being qualified in the field of Accountancy and Finance he dec
May 9, 2011
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By Admin
I’ve just finished watching the wedding of Prince William and Kate Middleton and I have to say that it was a very moving and impressive event.
Very many congratulations to the happy couple.
[caption id="attachment_2585" align="alignleft" width="289" caption="One Moorgate Place, Reception Venue of Royal Couple, is also the home to the ICAEW"][/caption]
From a slightly less romantic angle though there should also be congratulations to the project managers
May 9, 2011
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