AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,737 Increased By 528.9 (0.69%)
KSE30 24,722 Increased By 283.8 (1.16%)

TEXT: Dear Fellow Members and Colleagues, Assalamu Alaikum and Greetings to you all. I would like to take this opportunity to convey my heartfelt gratitude and appreciation to the institute of Chartered Accountants of Pakistan (ICAP) for organizing the All Pakistan Chartered Accountants Conference 2022 at Islamabad, Karachi and Lahore on October 19, 2022.

The accountancy profession is undergoing rapid transformation across the globe. The Profession of Accountancy, by virtue of its skills and competencies reinforced by ethics, trust, integrity and recognition of its public interest responsibility is augmenting confidence of all stakeholders. Being at the forefront of protecting public interest and sustainable economy, the profession is thriving despite emerging complexities.

Over the years, accountancy profession has earned the trust of all stakeholders by establishing a consistent financial reporting framework that improves governance while also enhancing the capacity and competence of diverse economic constituents. With the changing market conditions, the Accountancy profession has evolved to not only mitigate the risk of failure but also to support the growth of the industry.

COVID-19 and Ukraine war brought additional challenges for global economies and businesses. I believe this conference will provide an opportunity for finance leaders to discuss and deliberate on transformation process for businesses in this era of unprecedented challenges. The accounting professionals as preparers and auditors of financial statements are responsible for quality reporting as well as transformation process including the ESG reporting, gender equity, embracing Diversity and inclusivity in the finance function.

While Government has always been ready to take up all possible dynamic, innovative and futuristic measures to boost our national economy in the best interests of our nation, Chartered Accountants are also equally committed towards the nation. Chartered Accountants constantly keep playing on priority the desired role of nation-building as well as contributing to the economic health of the nation.

“The state of the national economy is of special interest to the Chartered Accountant. The fortunes of his clients are closely connected with the level of economic activity”.

The Profession of Chartered Accountancy has been positively contributing to deliver futuristic policy solutions, in close coordination with the Government. The strength of the profession to put national interest as top priority, enables the profession to add value for its stakeholders and thus fulfilling the dictum “Chartered accountants are pillars of economic growth”.

Lastly, I would like to acknowledge the commendable contribution of Mr. Ashfaq Yousuf Tola, FCA, President ICAP, Mr. Mohammad Maqbool, FCA, Chairman Conference Committee and efforts of the organizing committee, ICAP management and staff on organizing the event in a befitting manner.

I wish all of you best of luck.

Copyright Business Recorder, 2022

Comments

Comments are closed.