ARTICAL

Only ACCA Members Could Claim their Masters from HEC

By Bilal Siddiqui   Leonardo Da Vinci once said, "People of accomplishment rarely sat back and let things happen to them. They went out and happened to things." I'm not sure about anyone else but in this case I believe the title goes to 'ACCA Pakistan Office'.   Recent move by ICAP when it reduces the exemption of ACCA and CIMA students wasn't really appreciated by many. Since ACCA is the market leader in Pakistan market so everyone was taking shots on them. In fact, ever

HEC recognizes the ACCA qualification as being equivalent to a Masters degree

Press Release   The Higher Education Commission of Pakistan has granted equivalence to ACCA qualification to a Masters level degree. A circular issued by HEC states that ‘HEC recognizes the membership of Association of Chartered Certified Accountants (ACCA) after completion of professional qualification and other requisites including training and required professional experience as equivalent to MComm. degree awarded by Pakistan universities on the following terms and conditions:

Fraud Charges Against Deloitte

By Taha Kazmi (Ireland)   I have been a big four observer and have been writing for many newspapers. And during all these years, covering fraud charges on big four, it sounds more like a "Lady Gaga" song. You hate it but you have to listen to it because everyone doing it. Deloitte, which recently emerged as the top accounting firm is under fraud charges from one of its clients.   According to many independent newspapers, Medium- and heavy-duty truck maker Navistar Internati

Ex Auditor From Ferguson takes Charge as PSO MD

By Aamna Waheed   After Prime Minister fired all oil companies apex leaders, an ex auditor from A.F.Ferguson, Yaqoob Sattar is expecting to take charge of Pakistan State Oil.   According to different news sources, Executive Director (ED) Finance Yaqoob Suttar is expected to take acting charge of Managing Director (MD) Pakistan State Oil (PSO).   A chartered accountant by profession, Yaqoob Suttar has completed his audit training from AF Ferguson & Co and is a

Thank God I’m a Chartered Accountant, Not a Politician

By Ali Ahmad   In its latest move, ACCA changes its entry route policy and make it, literally, possible for anyone, and I mean anyone, to start studying ACCA. And even ICAP made it easier for students to pursue their dream. Accountancy and auditing has been a lucrative career in Pakistan and abroad and studying a foreign qualification is charm enough to attract young people to make a fortune. But after the declaration of assets from our respectable lawmakers, I believe they need th

Help Us Help You

[caption id="attachment_2518" align="alignnone" width="300" caption="Take Part in Our Survey and Win Exciting Prizes"][/caption] Loading...

Accountant Jealousy With Royal Wedding

By Ali Ahmad   Once again, we call attention to troubles from across the Pond, courtesy of AccountingWEB UK. This time, the Single Fat Accountant is dealing with his uncontrollable jealousy over Kate and Willy’s upcoming nuptials:     I would like to publicly admit that I am jealous of the about to be married Royal couple. I do not want to know anything about them. I would prefer if there a total media blackout on the whole wedding. This to my big disappointme

LUMS Students Embezzled One Million

By Zaara Rahman   Five students of the Lahore University of Management Sciences (LUMS) have been suspended and fined over the alleged embezzlement of Rs 1 million during the recently organised Young Leaders Entrepreneur Summit (YLES) 2011, Pakistan Today reported. [caption id="attachment_2492" align="alignnone" width="300" caption="LES was founded in 2006 - Picture (LES Website)"][/caption]   The newspaper withhold names of those student who actually violated the rules

SKANS in Peshawar

Press Release   SKANS School Accountancy adds another Education center in Peshawar, Pakistan with  the aim to provide the locals with quality professional education. The new campus is fully operational and maintains the same high level standards as the ones followed by the other 11 branches of SKANS"   Contact Details of Peshawar Campus: 5 New Arbab Colony, Behind Siyal Flats, Abdara Road, Peshawar Tel:091-58644112 Email:info.pew@skans.edu.pk   [ca

Did a PwC Auditor Work Herself to Death?

By Taha Kazmi (Ireland)   Pan Jie was a 25 year-old auditor in PwC’s Shanghai office, starting her career with the firm last October. She died of acute cerebral meningitis on April 10th, having “ignored the illness until a fever surged,” after catching the flu on March 31st. Reports have stated that Jie told a friend that “she had been working up to 18 hours a day and about 120 hours a week,” prior to her death.     A doctor quoted by one of the reports e