Breaking News: ICAP Satisfy CCP Concerns and Reduce CA Exam Fees

By  · Tuesday, Apr 1, 2014 0 Comments

In light of concerns raised by the Competition Commission of Pakistan (CCP), the Institute of Chartered Accountants of Pakistan (ICAP) took prompt action to revise the fee for final Charted Accountancy (CA) examination and reduced it to a significant level.  CCP received complaints from CA students regarding fee revised by ICAP in February 2014. Students [...]

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MCB Bank Eyes on Burj Bank – Takeover Process Initiated

By  · Friday, Mar 21, 2014 0 Comments

The State Bank of Pakistan (SBP) has allowed MCB Bank to commence due diligence of Burj Bank Limited for proposed acquisition of its 55 percent share. The management of MCB Bank on Tuesday disclosed to its shareholders that the central bank has given an approval to the bank for conducting a detailed due diligence of [...]

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Bodies Plan Global Principles for Management Accountants

By  · Thursday, Mar 13, 2014 0 Comments

The Chartered Institute of Management Accountants (CIMA) and the American Institute of Certified Public Accountants (AICPA) have proposed a comprehensive framework to bring consistency to management accounting practices around the world.  According to CIMA Regional Director for Africa, Samantha Louis, the collaboration is expected to help organisations make smarter and faster decisions for the long-term [...]

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UBL Funds Lauded for Launching the most IPOs in an Year

By  · Friday, Feb 28, 2014 0 Comments

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PSO Books Handsome Profit of 1580 Crore

By  · Friday, Feb 28, 2014 0 Comments

Pakistan State Oil (PSO) after-tax earnings rose by 150% percent to Rs 1,580 Crore as compared to Rs 631 Crore Same Period Last Year. These all time high six monthly earnings surpassed the after tax earnings of Rs 12.6 billion during the entire financial year 2012-2013 by 25%. PSOs share price recorded an impressive growth, [...]

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ICAP and National Testing Service Join Hands

By  · Thursday, Feb 27, 2014 0 Comments

The Institute of Chartered Accountants of Pakistan (ICAP) has entered into an agreement with National Testing Service (NTS), Pakistan. Under the agreement, ICAP will use NTS’s test centers for the conduct of computer based examinations in nine cities of Pakistan.  These examinations are being introduced under the new education scheme for all papers of the [...]

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10 Empowering Quotes from The Wolf of Wall Street

By  · Tuesday, Feb 4, 2014 0 Comments

Motivational speaker & High sales performance coach “Jordan Belfort” has been making a name for himself lately as the trailer for his 2007 Memoir “The Wolf of Wall Street” spreads all over the web. Martin Scorses & Leonardo Di Caprio team up to create a potential blockbuster based off Jordan Belfort’s wild life.  Here is [...]

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Abu Dhabi University inks MOA with Chartered Institute of Management Accountants (CIMA)

By  · Friday, Jan 24, 2014 3 Comments

Abu Dhabi University (ADU) signed a 5-year Memorandum of Agreement with the Chartered Institute of Management Accountants (CIMA), which will enable accounting and finance students and MBA students at the University to acquire globally accredited awards and titles of a Diploma in Management Accounting or an Advanced Diploma in Management Accounting from CIMA once they [...]

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ICAP Holds Seminar on New Education Scheme

By  · Thursday, Jan 16, 2014 0 Comments

Pakistan’s leading accountancy body, the Institute of Chartered Accountants of Pakistan (ICAP) organised an orientation seminar for its new education scheme and the launching ceremony of CA-Study Packs at ICAP House, Lahore. ICAP has restructured the Chartered Accountancy qualification by incorporating latest developments in curriculum and syllabus. The new structure will further equip the students [...]

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MCB Bank selects Oracle WebLogic Suite

By  · Thursday, Jan 16, 2014 0 Comments

MCB Bank Ltd (MCB), one of Pakistan’s leading financial service providers with over 1,100 branches, has selected Oracle WebLogic Suite 12c to help maximise its ROI from its new core banking application, while enabling faster online banking services and supporting future growth. MCB has opted to upgrade its core banking system in order to help [...]

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