The Institute of Chartered Accountants of Pakistan (ICAP) arranged an exclusive meet with the leading professionals of the corporate sector at a local hotel. President ICAP, Nadeem Yousaf Adil was the Chief guest on the occasion. The event was largely attended by leading business men, top executives, representatives of public sector and senior CAs.
Khalilullah Shaikh, VP South ICAP, briefed the audience about the recent initiatives of the Institute in general and those related to industry, in particular. He explained that Accountancy, deemed as one of the oldest profession, has witnessed most changes in the business environment, some triggered by the technology, complexities and changing economies while some triggered as consequences of accounting failures. ICAP, being the flag bearer of accounting profession in Pakistan,has been promptly responding to the changed environment. Focusing on some major initiatives, such as, improved focus on professional accountants in business and industry, mid-tier certification and industrial training.
It was further explained that ICAP considers industry as its important stakeholders and believes that better industry contributes in building better society. ICAP,that already had strong footprints in top-tier management of industry, has further increased its connectivity with the industry. ICAP launched CFO conferences, National Finance Olympiad and Best Corporate Report awards in order to engage directly with the industry.-PR