Archive for the Economy Category
The Securities and Exchange Commission of Pakistan (SECP), Pakistan’s apex regulatory body, has launched web consultation forum aims to achieve border consultation of public at large and stakeholders over the SECP’s proposed regulations, policies and initiatives.
In its press release, SECP invited stakeholders, professionals, academia and general public to participate in ongoing, in-depth discussions on specific topics and issues related to capital market, non-banking financial sec
March 15, 2013
No Comments Full Story
Securities and Exchange Commission of Pakistan, in its attempt to adopt technological changes, allows directors residing outside Pakistan to attend board meetings through video conference.
As per previous corporate rules, it was not necessary to give notice of directors’ meeting to any director who was out of country for the time being.
Now, owing to the recent amendments to Tables A and C of the First Schedule, it has been made easier to send notice to directors, whether in the co
March 15, 2013
No Comments Full Story
In past we shared stories of different ACCA Professionals who had the audacity to start up their very own Business Processes Outsourcing (BPO) companies. Not only this enable them to make a decent living but it also enabled them to produce jobs for others (Yeh Cheez!).
Now there is another good news for them. According to the tech blog ProPakistani, famous outsourcing websites FREELANCER is coming to Pakistan which will help Pakistani self-employed professionals to resolve payment issues
March 5, 2013
No Comments Full Story
Just recently, I met with an ACCA student (yes, he's still a student) in Islamabad who seek my expertise to help him build his team and train them.
His team - a group of 12 ACCA students - are working under him - providing accountancy services to clients overseas. The impressing part was his determinism and courage to start his Business Processes Outsourcing business from this early stage.
Association of Chartered Certified Accountants (ACCA) recently introduced a new certificate progr
February 14, 2013
No Comments Full Story
The Institute of Capital Markets (ICM), leading finance industry organisation for licensing certification in Pakistan, has signed a memorandum of understanding (MoU) with CFA Institute, the global association of investment professionals, and its member society CFA Society Pakistan (CFAP) to jointly organise globally relevant, professional education and training, and promote ethical practices in the country.
The MoU identified six key areas of cooperation, promotion of the CFA Institute
January 2, 2013
No Comments Full Story
Pakistan’s economic problems are mostly pertinent to management and are not resource oriented.
The speakers at southern regional committee of the Institute of Chartered Accountants of Pakistan (ICAP) during a seminar ‘Pakistan’s Economic Outlook-2013 and Beyond emphasised on strengthening of economic institutions and progressive devolution of revenue and expenditure authority to most relevant tier of government for the sustainability of economic growth.
Former State Bank of Pakist
December 24, 2012
No Comments Full Story
By Ali Ahmad
The Securities and Exchange Commission of Pakistan (SECP) has taken various regulatory and punitive actions against companies’ directors and auditors to safeguard the interests of the investors.
On the abuse of powers by directors of listed and un-listed companies, the Securities and Exchange Commission of Pakistan (SECP) issued show-cause notices to 23 companies in the month of November.
It was revealed during the inspection of annual reports and financial statements, th
December 16, 2012
No Comments Full Story
The future of accounting profession looks very positive in the UAE and the Middle East, according to industry experts.
The profession is quite important across the world and it will continue to grow in the country and GCC as well, they said at an accounting and auditing event held in Sharjah on Saturday.
Organised by the UAE-based ‘OpenThinking’, it was an open forum of accounting and auditing ethics from basic management to business process improvements and intricate decision-making
September 9, 2012
No Comments Full Story
Lahore Stock Exchange held first session of Campus Outreach Programme on Thursday for the students of ACCA from SKANS School of Accountancy where LSE's officials interacted with the students.
At the event organised at the SKANS School of Accountancy, Hifsa Siddiqi, from Investor Relations Department, LSE, explained to the participants the broad features of Pakistan's economic and financial system, features and characteristics of different financial markets, regulatory framework, market in
September 7, 2012
No Comments Full Story
Services sector is largest and fastest growing sector in the world economy, accounting largest share in total output and employment in most developed countries. In Pakistan services sector now contributes the largest share in the economic activity.
With services sector on the rise globally, a group of entrepreneurs has recently started a professional services firm named Cervelet | Management & Strategy Consultants having offices in Karachi and Islamabad. The firm envisions being a g
September 3, 2012
No Comments Full Story
« Older Entries