Page 1 - Newsletter-July-2016

Newsletter www.icap.org.pk Volume 39 Issue 7 | July 2016 Governance, Transparency and Service to Members and Students contents meets & events meets & events CA Toastmasters Club Lahore UK Chapter Dinner with Nadeem Hussain Session on Imposition of Sales Tax on 2 Services of Auditors & Accountants CASA-N Rafaqat Babar Inter Firm Tape Ball Cricket Tournament Investments Opportunities and Incentives in Khyber Pakhtunkhwa 3 member news 4 ICAP Benevolent Fund Top 5 CPD Earners 5 New Fellow/Associate Members Continuing Professional Development 6 Program technical update IASB Clarifies the Classification 7 and Measurement of Share-based The UK Chapter arranged an exclusive dinner on July 8, 2016 with Nadeem Payment Transactions Hussain, founder and former CEO and president Tameer Microfinance Bank, Pakistan’s first private sector microfinance bank and world leader IASB’s Exposure Draft ‘Definition of a Business & Accounting for Previously in branchless banking. His efforts towards financial inclusion have Held Interests (Amendments to IFRS 8 impacted over 10 million people through extension of credit and mobile 3 and IFRS 11)’ banking to the poor and the unbanked Pakistan. Nadeem champions the hr news cause of financial empowerment, access to healthcare, environmental People before Strategy: A New Role for sustainability, affordable housing and alternate energy. the CHRO 9 Mohammad Shoaib Memon, secretary UK Chapter welcomed the guests Welcome on Board and touched on the objectives of the UK Chapter, which included arranging such events enabling attendees to interact and learn as well student section as hear about success stories in Pakistan. This was followed by a brief 10 Career Counseling Sessions introduction of guests, which included UK Chapter members and other professionals with finance and legal background. CA Talent Mentoring Session Meetings with Educational Institutions Nadeem went through his fascinating and inspiring career journey 11 focusing on establishment of Tameer Bank whilst touching on Examination News entrepreneurial skills, leadership, financial and operational challenges Meetings with Corporate Sector and organisational management. He was vociferous on the business opportunities Pakistan presents with its favourable demographics and feedback 12 the geo-political location. He recognised the State Bank of Pakistan Chartered Accountants Avenue, Clifton, Karachi-75600 (Pakistan) UAN: 111-000-422 PABX: 99251636-39 Fax: 99251626 Email: [email protected]