Events, initiatives and stories from
ACCA Pakistan
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In our continuous effort to provide support to our employers, members, affiliates, students, learning partners, and tutors, we're delighted to share with you the thirteenth edition of ACCA Pulse which aims to provide you with information on our activities in Pakistan. In this edition, you will find details on how ACCA is working with its partners in Pakistan and shaping the future of profession. Should you wish to discuss any of the content covered in this newsletter, please do not hesitate to contact us on
rashid.khan@accaglobal.com
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The power of future-ready talent: Rewiring the accountancy profession for the digital age
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Thanks to our connections with employers and our ground-breaking futures insight, we’re at the forefront of finance talent development and creating future-proof careers. Our latest vision reveals a world of significant career change, where professional accountants have multiple opportunities to shape the future of organisations.
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#PowerofEthics: ACCA successfully partnered with British Deputy High Commission Karachi, CFA Society Pakistan, and Pakistan Business Council's Centre of Excellence in Responsible Business (CERB) for Global Ethics Day celebrations, organised high-profile events across Pakistan
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As a result of this partnership, ACCA organised a number of events across Pakistan to celebrate global ethics day to provide opportunity to policy makers and corporate leaders to explore ethics in light of new ethical complexities to the ever changing business world that businesses must identify and manage to survive.
The event in Karachi featured contributions from Mike Nithavrianakis, British Deputy High Commissioner Karachi, Dr Inayat Hussain, Executive Director, State Bank of Pakistan, Mohammad Shoaib, CEO, Al Meezan Investment Management Limited, Abdul Aleem, Secretary General, Overseas Investors Chamber of Commerce & Industry, Ehsan Malik, CEO, Pakistan Business Council, Naved Hashmi, Acting CFO, Unilever Pakistan Limited, Sadia Khan, CEO, Pakistan Institute of Corporate Governance, Sulaiman S. Mehdi, Chairman, Pakistan Stock Exchange Limited, Sajjeed Aslam, Head of ACCA Pakistan, Fuad Hashimi, Executive Director, CERB, and Muhammad Asim, President, CFA Society Pakistan.
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The event in Islamabad featured contributions from Syed Muhammad Shabbar Zaidi, Chairman, Federal Board of Revenue, Dr Ishrat Hussain, Advisor to Prime Minister on Institutional Reforms & Austerity, Shauzab Ali, Commissioner (Securities Market Division), Securities & Exchange Commission of Pakistan, Arif Masud Mirza, Regional Head of Policy, ACCA, Aamir Ibrahim, Chief Executive Officer, JAZZ Pakistan, Fuad Hashimi, Executive Director, CERB, Jahanara Sajjad Ahmad, Executive Director Corporate Governance & Group Financial Advisor, Bibojee Services (Pvt.) Limited, Syed Asmatullah, Executive Director Audit & Assurance, Deloitte Yousuf Adil, Usman Hayat, Chief Executive Officer, Audit Oversight Board & Chair Islamabad Chapter, CFA Society Pakistan, Yusuf Hussain, Chief Executive Officer, Ignite - National Technology Fund, Mike Nithavrianakis, British Deputy High Commissioner Karachi, Sajjeed Aslam, Head of ACCA Pakistan, and Muhammad Asim, President, CFA Society Pakistan.
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The event in Lahore featured numerous inspirational talks and powerful keynotes, including speeches by Senator Walid Iqbal, Dr. Amjad Saqib, Founder & CEO, Akhuwat Foundation, Paul Smith, CFA, Advisor, CFA Institute, Mike Nithavrianakis, British Deputy High Commissioner Karachi and Director Trade for Pakistan, Sajjad Syed, CEO, Excellence Delivered ExD Pvt Ltd, and Assad Hameed Khan, Head of Markets, ACCA Pakistan.
Speaking at the conference, prominent philanthropist and founder of Akhuwat, Dr Amjad Saqib emphasised that entrepreneurs play a crucial role in every society and business without ethics is simply an insult to public trust and counter to our universal values.
Senator Walid Iqbal delivered a passionate speech and explained the role that the corporate leaders and lawmakers need to play to promote ethical and sustainable business and deal with today's ethical complexities and inspired the audiences by connecting the topic with Iqbal’s economic philosophy and teachings.
The event also hosted a thought-provoking panel conversation ‘Ethics & Professionalism in the Workplace – A View from the Industry’ with contributions from Arif Masud Mirza FCCA, Regional Head of Policy, ACCA, Fuad Hashimi, Executive Director, Pakistan Business Council’s Centre of Excellence in Responsible Business (CERB), Fatima Asad Said, Board Member and Chairperson HR Board Committee, Abacus Consulting, Mohammad Shoaib, CFA, Chief Executive Officer, Al Meezan Investment Management Limited, Farid Ahmed Khan, CFA, Chief Executive Officer, FINCA Microfinance Bank Ltd., Jawad Saleem, Chief Financial Officer, Outfitters Stores, and Javaria Malik, Director Marketing and Communications, ICMA Pakistan.
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Strategy Summit: Internationally renowned conversation leaders propose actionable strategies for businesses to keep ahead
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Powered by ACCA's professional insights, the Strategy Summit 2019 featured future-focused deliberations by internationally renowned conversation leaders who proposed actionable strategies for businesses to keep ahead.
ACCA's Global Head of L&D, Juliet Szabo-Merridew delivered an interactive talk and shared exclusive insights into the future of workplace and shared strategies for organisations to stay relevant.
Sajeed Aslam, head of ACCA Pakistan moderated a high-level panel conversation on the future of leadership with contributions from prominent corporate and thought leaders.
ACCA's Regional Director for the Middle East and South Asia, Stuart Dunlop talked about accountancy profession’s role in creating public value and explained how ACCA is developing the strategic business leaders the world needs.
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Enriched by ACCA’s Professional Insights – Future Summit features country's top policy makers and corporate leaders
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Enriched by ACCA's future-focused Professional Insights, prominent policy makers and global business leaders and thinkers shared groundbreaking ideas, exclusive insights and proposed innovative solutions at the Future Summit in Karachi.
Robert van der Klauw FCCA, member of ACCA’s Technology Global Forum, and Sajjeed Aslam, head of ACCA Pakistan are among the Conversation Leaders.
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#EachforEqual: ACCA joins Women Economic Empowerment Network for the WEEN Summit in Multan
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ACCA partnered with the Women Economic Empowerment Network for the WEEN Summit 2019 in Multan to bring together trailblazing women entrepreneurs and provide opportunities to inspire, network, collaborate, seek support, and launch new initiatives.
At the summit, ACCA Member, Khawaja Mohsin delivered an insightful presentation on how to enable women entrepreneurship in the country and explained how ACCA is helping Women in Finance reach their career goals. The event featured contributions from leading women business leaders and policy makers, including Shandana Gulzar Khan, Chairperson, Commonwealth Women Parliamentarians.
Opportunity and diversity are two of ACCA’s five core values, and we were established specifically to open up the profession to people of all backgrounds, based solely on their ability. ACCA is in a strong position when it comes to balance – our membership has a 50/50 gender split, and our Council and executive team are also balanced in terms of men and women.
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#Big4atTMUC: Professional Accountancy Symposium in Islamabad
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ACCA partnered with The Millennium Universal College (TMUC) for the latest edition of Professional Accountancy Symposium in Islamabad.
Featuring contributions from prominent leaders from the accountancy profession, the symposium provided unmatched opportunity to industry practitioners to stay up-to-date on latest developments, refine their knowledge and future-readiness, network with accountancy professionals, and benefit from ACCA’s professional insights.
At the symposium, Assad Hameed Khan, ACCA’s Market Head – Business Development, delivered an insightful keynote explaining the accountant's role in corporate governance.
Founder & Chief Executive TMUC Pakistan, Chaudhary Faisal Mushtaq TI, moderated a highly interactive panel conversation featuring Jahenzab Amin, Partner, A.F Ferguson & Co., Iffat Hussain, Partner - Audit and Specialist Advisory Services, BDO Pakistan, Ali Qamar, Partner, EY Ford Rhodes, Syed Asmatullah FCCA, Executive Director, Deloitte, and Izz Ghanaa Ansari, Assistant Manager Advisory, KPMG.
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'Agile Finance Unleashed: Key Traits of Digital Finance Leaders': ACCA and Oracle partner for an insightful round-table in Karachi
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ACCA and Oracle successfully organised an insightful Finance Leaders Round-table on the theme ‘Agile Finance Unleashed: Key Traits of Digital Finance Leaders’ in Karachi.
At the event, Nadeem Hussain, Chairman & Founder, Planet N Group of Companies delivered a powerful keynote on the topic ‘Go Agile or be Irrelevant – The Key Challenge Facing Finance’. Syed Azam Abidi, Country Head Applications - Pakistan & Afghanistan, Oracle Corporation, and Sajjeed Aslam, head of ACCA Pakistan also delivered talks focusing on digitisation and automation of the finance function.
The event also featured a thoughtful panel conversation with contributions from Mehwish Iqbal, Commercial Controller - Sales, Unilever Pakistan Limited, Moin Balkhi, General Manager - Information Technology, Pakistan State Oil Limited, Basim Anis – Finance Lead – Supply Chain, Emerging Market Central and Export, GlaxoSmithKline Pakistan Limited, Syed Azam Abidi, Country Head Applications - Pakistan & Afghanistan, Oracle Corporation, Zaid Kaliya, Chief Financial Officer, Shield Corporation Limited, and Muhammad Saad Faridi, Chief Financial Officer, Dawood Lawrencepur Limited.
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ACCA joined the Khyber Pakhtunkhwa Information Technology Board (KPITB) for the Digital Youth Summit in Peshawar
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ACCA joined the Khyber Pakhtunkhwa Information Technology Board (KPITB) as a Community Partner for the 2019 edition of Digital Youth Summit in Peshawar.
ACCA contributed by powering the conversations with its award-winning thought leadership and insights. ACCA member and Executive Director at Deloitte, Syed Asmat Ullah FCCA moderated a high profile panel discussion on the topic ‘Digital Payments: the $40 billion opportunity’ to propose a roadmap on how to supercharge financial inclusion in the country by using cutting-edge digital technologies.
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'Challenges and Opportunities for Economic Reforms': Corporate Networking Conference in Multan
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ACCA hosted a networking conference on the Finance Act 2019 with the theme 'Challenges and Opportunities for Economic Reforms' in Multan.
Abdul Sattar, President, Multan Tax Bar Association was the Chief Guest. Other notable speakers at the event included Raees Humayun Abdul Haye, Commissioner Punjab Revenue Authority Multan, Syed Bahadar Ali, Commissioner Inland Revenue Corporate Zone FBR, Muhammad Sajid Ali, Director, Deloitte Multan, Riaz Ahmad Raja, General Secretary Multan Tax Bar Association & Zeeshan Razzaq, Managing Partner, Global Corporate Associates.
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#PowerofConnections: ACCA supports the 4th Connected Pakistan Conference in Abbottabad
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ACCA supported the 4th Connected Pakistan Conference 2019 as a Knowledge Partner. Powered by ACCA's world-class Professional Insights and featuring contributions from country's leading names in the tech industry, the event offered a great opportunity to the youth in Abbottabad to learn from experts and build new connections.
At the conference, ACCA's Asad Malik Mahmood delivered a passionate and compelling keynote and answered questions on how to take full advantage of the opportunities that await Pakistan's youth in the digital space.
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#PowerofDigital: ACCA joins the Startup Grind Pakistan in Islamabad
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As a Community Partner, ACCA joined the Startup Grind Pakistan Conference (w/ Google for Startups) in Islamabad.
The conference brought together over 1,500 founders and thought leaders, for conversations, collaborations and actions around the role of technology for the future of Pakistan.
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ACCA and KTBA Sign MOU to strengthen professional tax practice
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ACCA (the Association of Chartered Certified Accountants) and Karachi Tax Bar Association (KTBA) commit to working together to further the tax practice in Pakistan. The two organisations recently signed a memorandum of understanding, formalising this commitment.
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ACCA and Khyber Pakhtunkhwa Board Of Investment & Trade (KPBOIT) to work together
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ACCA Pakistan delegation met with Mr. Hassan Daud Butt, CEO, Khyber Pakhtunkhwa Board Of Investment & Trade (KPBOIT).
At the meeting, Mr. Hassan Daud Butt shared his vision to create a conducive investment climate for the development of Khyber Pakhtunkhwa (KP) as an economic hub (both for domestic and foreign investors) to tangibly contribute towards national GDP.
Both the organisations shared their commitment to work together, particularly in areas related to education diplomacy, development of future ready workforce and developing KP as a national & global hub of outsourcing services.
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ACCA, Akhuwat to support micro-entrepreneurs, promote financial literacy
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ACCA and Akhuwat have signed a Memorandum of Understanding (MoU) which will help micro-entrepreneurs in Pakistan to get access to professional support and develop financial literacy.
Both the organisations have agreed to work closely on improving the financial literacy among micro-entrepreneurs who take interest-free loans from Akhuwat to help them with their business success and sustainability. ACCA will allow micro enterprises across the country to benefit from the world-class knowledge and rich experience of our highly sought-after qualified professional accountants free of cost to help small businesses to grow faster and generate greater opportunities for the economy.
Previously, Akhuwat was also awarded the ACCA Approved Employer status in recognition of the support it provides to ACCA trainees working towards the ACCA Qualification.
Akhuwat is a non-governmental organisation, compassionately working on improving the lives of the underprivileged; those who are financially abused, abandoned and disregarded by the society.
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ACCA Pakistan and the Entrepreneurs' Organization (EO) sign MoU, providing greater opportunities for members of both the organisations in Pakistan
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ACCA Pakistan and the Entrepreneurs' Organization (EO) have joined forces by signing an MoU that focuses on providing greater opportunities for members of both the organisations in Pakistan and leading on the matters of professionalism and talent development.
ACCA will help the member organisations of Entrepreneurs' Organization with attracting, developing and retaining future-ready talent as part of our Approved Employer programme and both the organisations will work together to meet the CPD needs of their respective members.
The MoU signing ceremony was attended by prominent corporate front-runners and top leadership of successful organisations.
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ACCA’s new Cert PFM qualification to upskill public sector finance professionals
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Given the pace of change and size of expenditure in the public sector, it’s critical that finance professionals have the right skills to deal with the challenges ahead. Register for ACCA's Certificate in Public Financial Management (Cert PFM) course.
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Corporate Networking Luncheon in Peshawar
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ACCA Pakistan hosted a high-level Corporate Networking Luncheon in Peshawar to provide an opportunity to business leaders and policy makers to sit together and explore new partnership opportunities and play a more impactful role in developing Khyber Pakhtunkhwa into a hub of economic activity and innovation.
Ziaullah Bangash, Advisor to CM on Elementary & Secondary Education was the Chief Guest, and Maqsood Anwar Pervaiz, President, KP Chamber of Commerce and Industries attended the luncheon as the Guest of Honour. The luncheon was attended by a large number of corporate and academic leaders from ACCA’s diverse network of employers in the province. ACCA’s Market Head – Business Development, Assad Hameed Khan, in his welcome address explained that ACCA’s standing as a super connector means we create wider opportunities for our stakeholder and the economies where we operate.
At ACCA, we use unrivalled connections across the world to connect people with fulfilling careers, organisations with the best finance talent, and economies with the ingredients for growth.
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Train the Trainer: Tutor workshops in Karachi, Lahore and Islamabad
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Three workshop style trainings were organised in Karachi, Islamabad, and Lahore to engage tutors of Strategic Business Reporting (SBR) from our approved learning partners and university partners. The workshops were moderated by Robert Moulin who came from the UK to deliver these highly interactive workshops. The purpose of these trainings was to provide capacity building support to tutors with respect to specific subject. In addition to these workshops, ACCA continued with Tutor Open House events to provide a platform to this important stakeholder to connect with the community and benefit from available resources and support.
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Gujrat Education Conclave: a gathering of educationists, parents and students
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Featuring inspirational talks, exclusive insights, winning education and career tips and much more – ACCA successfully partnered with LGS International Degree Programme for the first edition of Gujrat Education Conclave, a gathering of educationists, parents and students.
The event also included a masterclass by Haroon A. Jan, ACCA’s regional head of member affairs explaining how technology is reshaping the future of education and how to develop the future ready talent.
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ACCA joins KPRA to promote tax awareness in the province
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ACCA has joined the Khyber Pakhtunkhwa Revenue Authority (KPRA) for a campaign on tax awareness among the business community in the province.
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ACCA members support the FATA Economic Revitalisation Programme (FERP)
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ACCA members are actively supporting the FATA Economic Revitalisation Programme (FERP), executed by Small and Medium Enterprises Development Authority (SMEDA) and powered by USAID, and UNDP. ACCA members are part of its Economic Cooperation and Development Forum (ECDF). To discuss and finalise their recommendations, the members of the forum gathered in Peshawar and deliberated on key topics. The report will now be submitted to SMEDA.
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ACCA supports the Career Fair in Abbottabad
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ACCA supported the Career Fair organised by Seekho & Sekhao in Abbottabad. The event offered an opportunity to ACCA students and affiliates, as well as our Approved Employers, in the region to network and build new connections. At the event, ACCA's Business Development Manager, Asad Mehmood Malik delivered a keynote based on ACCA's professional insights and explained how ACCA is supporting the dreams of young students and professionals through our strong, global accountancy network.
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#YourGlobalPassport: Bano Sheikh FCCA visits ACCA Lahore office, shares her incredible ACCA story
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We had a great time hosting ACCA member from the UK, Bano Sheikh FCCA, at our Lahore office for an informal member meetup.
Bano is one of many ACCA's trailblazing Women in Finance who have defied all odds and are now leading large businesses around the world. With a satisfying accountancy career spanning 3 continents and 2 cultures, she is another example of ACCA opening doors to a world of opportunity.
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'Expectation gaps in audit in the textile sector': ACCA and Cross Stitch organise a CPD session in Lahore for finance professionals working in the textile industry
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'Future of Finance Talent': ACCA hosts Practical Experience Supervisors (PES) for an interactive round-table
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ACCA hosted a highly interactive round-table on the topic "Future of Finance Talent" in Peshawar featuring contributions from a highly-informed group of ACCA Practical Experience Supervisors (PES).
The panellists shared exclusive insights and discussed key issues facing the accountancy profession and informed on how their organisations are preparing for future.
ACCA's Market Head – Business Development, Assad Hameed Khan said, "Because of our connections with employers and our ground-breaking futures insight, we’re at the forefront of finance talent development and creating future-proof careers. We work closely with employers across every sector to develop the agile professional accountants that they need now, and in the future."
The panellists included:
• Sana Imtiaz, Deputy Collector, Khyber Pakhtunkhwa Revenue Authority
• Tayyab Mehmood, Director Finance, Defence Housing Authority Peshawar
• Fayyaz Jarral, CFO, FF Steel
• Suniel Jamil, Group General Manager, Zakori Group
• Abid Raza, Senior Vice President, The Bank of Khyber
• Abdul Ahaid, Deputy Director Accounts, KP IT Board
• Muhammad Asif Jamil, Partner, Saeed Methani Mushtaq & Co.
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ACCA has setup platforms which help ACCA affiliates stay ahead of the curve on all fronts. Our efforts to enhance the employability of our affiliates have been noteworthy as a number of activities were conducted so that the young ACCA fraternity is equipped with skills to hit the ground running.
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Helping you unlock your potential: ACCA continues to arrange industry visits and recruitment drives across Pakistan
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ACCA joins School of Business and Management (SBM) for the Annual Dinner 2020
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Bridging the gap with practical knowledge: Students benefit from ACCA's revision sessions delivered by industry experts
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Featuring prominent business leaders and industry practitioners, the Bridging the Gap webinars allow you to gain exclusive insights and learn directly from the people driving the business forward.
The complete schedule and details are now available on our website.
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#Plant4Pakistan: ACCA continues to promote environmental awareness by partnering with leading educational institutes and employers across Pakistan for tree plantation and climate change education and awareness sessions
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Dress for Success: Image and wardrobe masterclass for students and affiliates in Karachi
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Coffee with CEO: Sajjeed Aslam, head of ACCA Pakistan sits for an exclusive interview for the CEO Club Pakistan
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Hosted by Ijaz Nisar, Founder & President, CEO Club Pakistan, Sajjeed Aslam, head of ACCA Pakistan sat for an exclusive interview in which he shared his career journey as a professional accountant and gave his perspective on how strategic business leaders around the world are thinking ahead and embracing change.
He also explained how ACCA is working all over the world to build an inclusive and sustainable accountancy profession and making societies fairer and more transparent.
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You're worth the investment
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You’re worth the investment. As the world's most forward-thinking accountancy body, we exist to keep our members at the forefront of the profession; fully equipped to realise their potential and achieve their ambitions as finance professionals. Because we shape the future - together!
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#MemberinSpotlight: ACCA member, Daniyal Syed FCCA, Senior Manager, Audit, Deloitte LLP UK conducts CPD sessions for finance professionals in Karachi
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'ACCA's Competency Framework': Exclusive session for members in Islamabad
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ACCA Pakistan held an exclusive session for our members in Islamabad with Dr Jane Towers-Clark, ACCA's Head of Academic Partnerships on ACCA's Competency Framework. In this session we explored our professional competencies, how they are developed throughout each component of the ACCA Qualification, how do they add sustainable business value and how can you acquire them for your future professional growth.
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More accolades for Ayla Majid FCCA
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We are pleased to share that Ayla Majid FCCA has joined the World Economic Forum's Global Future Council on Energy. With other global leaders on the council, she will deliver a vision for the future of energy, help define potential action to positively shape related developments to create opportunities, and address the important issues of energy sustainability, affordability, inclusiveness and security.
Moreover, in the recent ACCA Global Council Elections, she has now been re-elected for another term as a council member. She has also joined the ACCA Council Board under the new governance structure. The Council Board comprises officers (the president, deputy president and vice president), three Council members, two non-Council appointees, and the Chief Executive (ex officio) and is responsible for oversight of performance in delivering ACCA's strategy, reporting to Council.
Congratulations, and best of luck Ayla.
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ACCA focuses on building connectivity among BRI countries with accounting infrastructure
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The first workshop of the China-Central Asia Accounting Elites Exchange Programme officially kicked off at the Shanghai National Accounting Institute. The programme, proposed jointly by the Shanghai National Accounting Institute (SNAI), the Central Asia Regional Economic Cooperation Institute (CI) and the Association of Chartered Certified Accountants (ACCA), was announced as one of the important outcomes of the second Belt and Road Forum for International Cooperation held in Beijing in April this year.
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Best of luck to all the ACCA students competing at the PSX Stock Challenge in Karachi
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Accounting for the Future virtual conference
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You have six months to catch up on ACCA's Accounting For The Future virtual conference sessions. This is your chance to discover future trends in the profession and plenty more.
Register now to catch up with all 21 sessions from AFF 2019 to earn up to 21 units of free CPD.
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Akber Punjani ACCA from Karachi wins our Communications Effectiveness Survey 2019
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Nurturing startup ecosystem in Pakistan: ACCA members support incubatees at the National Incubation Center (NIC)
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