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Archive for September, 2011

ICMAP and Ufone Join Hands

ICMAP and Ufone Join Hands

By Bilal Siddiqui   Ufone, also officially known as Pak Telecom Mobile Ltd (PTML), has been very active with accountancy professional bodies. Previously Offering special discounted rates to Institute of Chartered Accountants of Pakistan, Ufone now joins hand with Institute of Cost and Management accountants of Pakistan (ICMAP) and offering special discount to the members of bodies.     According to the press release, discounts are available on all existing

September 30, 2011 1 Comment Full Story

Big Four global auditors KPMG, Ernst & Young, Deloitte and PwC face massive shake-up

Big Four global auditors KPMG, Ernst & Young, Deloitte and PwC face massive shake-up

By Maliha Sheikh (Lahore)   London is giving headaches to big brothers of audit industry. According to ET, The "Big Four" global auditors could be broken up, leaving them susceptible to takeovers if radical European Union plans to boost competition go ahead, a UK auditing official said on Tuesday.   EU Internal Market Commissioner Michel Barnier is due to publish a draft law in November to curb what he sees as a conflict of interest when auditors check the bo

September 28, 2011 1 Comment Full Story

Half Truth – ACCA Professional Students in Karachi are Still Jobless

Half Truth - ACCA Professional Students in Karachi are Still Jobless

By Ali Ahmad   It’s better to lie in someone’s face rather than giving them half truth. Why? I’ve a story to share and you will know why.   This could be heart crushing for many ACCA students in Pakistan, especially those in Karachi. Some renowned companies just don’t want you anymore and to add more problems to the case, they are not even treated well in interviews.   According to an online survey conducted by our team 67% of respondents who were

September 27, 2011 24 Comments Full Story

ICMAP Growing: Introducing its New Product CAM (Certificate in Accounting & Management)

ICMAP Growing: Introducing its New Product CAM (Certificate in Accounting & Management)

By Sulaimna Bawany   ICMAP (Institute of Cost and Management Account of Pakistan) is one of the most prestigious and marketable professional accounting body in Pakistan. It was established in 1951 and was granted statutory status under the Cost and Management Accountants Act, 1966 for the regulation of the profession of Cost and Management Accounting. ICMAP is the sole provider of cost and management accounting education, training and professional certification in Pakistan.

September 26, 2011 No Comments Full Story

Al-Hamd in Karachi, SKANS in Islamabad and PAC in Lahore Rules the Debate Competition

News Desk   On July 20, 2011, ICAP held its 4th Inter RAET Debate Competitions. Students had chosen topics from among: Global Warming is a Figment of Our Imagination Evolution and Creation - How did Human Beings Come About Is Torture Justified for National Security.   The Competition was based on two rounds; in the first round, students spoke on already chosen topics while the next round was an impromptu round. The events organized as part of the Golden jub

September 23, 2011 No Comments Full Story

UN OUCHA is recruiting volunteers for flood relief in Karachi

Via Aga Khan Foundation   Volunteers urgently required to help with UN relief operations in Sindh - starting IMMEDIATELY.   Volunteers will be working with the Office for the Coordination of Humanitarian Affairs (UN OCHA) based in Karachi.   Interested candidates must have their own laptop and be willing to work in a dynamic environment.   Contact Syed Fawad Hussain 0301 854 2495.’

September 23, 2011 No Comments Full Story

Mobilink Buys Waseela Bank to Offer Mobile Banking Services: ProPakistani

Mobilink Buys Waseela Bank to Offer Mobile Banking Services: ProPakistani

By Ali Ahmad   According to our friends at ProPakistani, Orascom Telecom has reportedly bought a license for microfinance bank to start offering branchless mobile banking services in Pakistan under the brand name of Mobilink Waseela. According to the famous tech blog, Mobilink recently completed the buyout of a microfinance license with a price tag of Rs. 1 billion and company has already established a team responsible for financial services. They are now aggressively p

September 23, 2011 No Comments Full Story

ICAP elects office-bearers for 2012

ICAP elects office-bearers for 2012

Press Release   The Council of the Institute of Chartered Accountants of Pakistan (ICAP) in its meeting held on September 17, 2011 elected office bearers for the term 2011-12. The Council unanimously elected Rashid Rahman Mir as President of the Institute, Khalid Rahman as Vice-President-South and Nazir Ahmad Chaudhri as Vice-President - North.   President, Rashid Rahman Mir is a fellow member of the Institute of Chartered Accountants of Pakistan, the Institute of

September 22, 2011 1 Comment Full Story

BSc Project Could be Submitted Online from now on

BSc Project Could be Submitted Online from now on

News Desk   ACCA global, in its efforts to make all things digital, now makes it easier for ACCA students to submit their Research and Analysis Project (RAP) of BSc Hons in Applied Accounting. From October 2011, all Research Projects could be submitted online and all offline modes are closed. According to the press announcement issued by ACCA - students can upload their projects in all major file formats including Microsoft Word and PowerPoint. All hard copies send to ACC

September 17, 2011 No Comments Full Story

ICAP Never fails its students Deliberately: Shabbar Zaidi

ICAP Never fails its students Deliberately: Shabbar Zaidi

By Zaara Rahman   If we know Shabbar Zaidi for one thing then that is his willingness to speak.  He might be the only partner of A.F.Ferguson who always showed up for Media and we like him for this! [caption id="attachment_3281" align="aligncenter" width="75" caption="Shabbar Zaidi, Partner A.F.Ferguson"][/caption]   Recently after ICAP President, Saqib Masood, said that ICAP is not trying to hold supply of accountants by deliberately failing students, Mr Shabbar

September 16, 2011 11 Comments Full Story

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