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F4- Corporate & Business Law
English legal system
Court structure
Exclusion clauses
Intention to create legal relations
Breach of contract
Consideration
Privity of contract
Terms of the contract
Intention to create legal relations
Duty of care, breach of duty of care & Ca
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Famous members of Big four - A.F.Ferguson & Co, an affiliate of PriceWaterCoopoers, has successfully secured a contract from National Bank of Pakistan for Business Processes Review (BPR Services) and COSO Implementation. Both Giants of their respective industries signed an agreement at Nati
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By Anita Brook
As an accountant, I would be the first to admit that the profession doesn’t have a reputation for being particularly exciting or dynamic. In fact, one mention of the dreaded “a” word at a dinner party can make the eyes of even the most polite guests glaze over, so it is
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[caption id="" align="alignright" width="370" caption="IASB office"][/caption]
The Trustees of the IFRS Foundation, the oversight body of the International Accounting Standards Board (IASB), announced today the appointment of Sue Lloyd to serve as a member of the IASB for an initial five-year t
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ICAEW and the Accountants and Auditors Association (AAA) have signed a Memorandum of Understanding (MoU) to work closely together to advance the accounting profession in the UAE.
The agreement between the two bodies was signed in Dubai on 16 May 2013 by AAA Chairman Saif Bin Abed Al Muhai
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Another common and big mistake usually made by ACCA students is jumping to conclusion way before they even attempt their exam answers. Please remember - there are always numbers available in questions which merely requires you to reproduce your working in proper format.
So just before you
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I know you guys are all stuffed up with preparations but remember - this time will be over well before you realize. There's still time to prepare and make your best efforts possible.
Here's a little story for you guys to motivate.
The Japanese have always loved fresh fish. But the waters cl
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Contrary to popular belief - Corporate world in full on humor. And the only thing they are unfolding on us is a use of common sense. Here's a little story for you guys to cheer you up before exams (don't forget to use common sense in Exam hall).
A Charlotte, North Carolina lawyer purchased a
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Press Release
A new award called the Foundation Diploma has been launched in the country by the Association of Chartered Certified Accountants (ACCA) here on Thursday.
The diploma would provide essential knowledge and skills to those students without relevant training and a clear entry route
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The best part about delivering lectures to amateur level accountancy students are their questions - Sometimes very brilliant and sometimes very cruel ;)
I was impressed during my last lecture, while delivering a lecture on ACCA paper F1, when a student innocently asked me: “Sir - What are
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The best part about delivering lectures to amateur level accountancy students are their questions - Sometimes very brilliant and sometimes very cruel ;)
I was impressed during my last lecture, while delivering a lecture on ACCA paper F1, when a student innocently asked me: “Sir - What are WE not learning in the classroom?”
I answered the question as best I could, and tried to give some decent advice with the time I had, but for some reason this question stuck with me.
Now that I
April 14, 2013
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Sean O'Driscoll woke up one day at the age of 15 and decided he wanted to be an accountant. It's an unlikely dream for a teenager. But over 40 years later, the west Cork native from Drimoleague runs one of Ireland's biggest privately-owned companies, Glen Dimplex.
With annual revenues of around €2bn and tentacles that spread from Europe to the US and Asia, the consumer product firm has more than 12,000 employees that owns brands such as Morphy Richards, Belling and Roberts.
"My fathe
April 4, 2013
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The Professionals’ Academy of Commerce (PAC), the pioneers in professional accountancy education in Pakistan, arranged it’s Silver Jubilee Alumni dinner. Hundreds of PAC Alumni and their families from Multinationals and Leading Chartered Accountancy firms enjoyed the night.
The event was mesmerized by renowned singer Sara Raza Khan with her performance. Chairperson PAC, Mrs. Nighat Ahmed presented her souvenirs and flowers.
Speaking at the occasion, Jafar Husain FCA, Central Principa
March 19, 2013
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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
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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
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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
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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
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Former Pakistan cricket captain Aamir Sohail was among the expert panelists discussing how to promote talent at an awards ceremony in Lahore which celebrated the success of students who scored high marks in exams run by ACCA (the Association of Chartered Certified Accountants).
He said that talent does not know or realize its true potential, it is up to us to help them and hone them. He also said that he was delighted that talent was being taken up as an important issue, and that talks we
February 14, 2013
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More than 5,000 members and students of ACCA (the Association of Chartered Certified Accountants) in the United Arab Emirates are now able to speak to their professional body free of charge and at any time.
ACCA has become the first finance and accountancy body in the UAE to launch a toll free number which will enable students and members to speak to ACCA customer services 24 hours a day, seven days a week.
This will enable more than 1,000 ACCA members and over 4,000 students to have adm
February 12, 2013
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More than 7,200 students around the world – a record number – successfully completed their final ACCA exams in December 2012.
This is a slight increase on the previous record numbers in June 2012. In all, over 198,000 candidates took almost 367,000 papers around the world, with more than 60,000 students sitting computer-based exams.
Pass rates were in line with expectations, but ACCA will be looking at what it can do to further assist students and learning providers to enable mor
February 12, 2013
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