National Events - icmap.com.pk · Mr. Waqar Ali Khan, FCMA, Member National Council motivated...

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Editorial Board A Memoir of Institute’s activities and programs for professional development and corporate networking May 2017 I Vol: 17.5 Dear Members, I am delighted to present the May 2017 issue of e-Newsletter covering programs and events organized by the National Council, its various Committees as well as Branch Councils. The e-Newsletter also updates about various Institute’s significant activities and progress during this month. The month of May marks two memorable occasions; one is of international significance i.e. Labor Day or international workers’ day commemorated around the globe on 1st May; and the other is a red letter day in the history of ICMA Pakistan i.e. 23rd May on which date the sapling of this professional institution was planted. This year the 67th Anniversary of the Institute was celebrated with great zeal and enthusiasm. The coverage of the celebrations at different campuses is part of this newsletter. Have a nice reading of this e-Newsletter and do share your suggestions on [email protected] Mohammad Iqbal Ghori, FCMA Mohammad Iqbal Ghori, FCMA President, ICMA Pakistan and Chairman Research and Publications Committee National Council Office Bearers President Mohammad Iqbal Ghori, FCMA Vice President Anis ur Rehman, FCMA Honorary Secretary Khawaja Ehrar ul Hassan, FCMA Honorary Treasurer Saghir ul Hassan Khan, FCMA Members Raheel Asghar Ginai, FCMA Zia ul Mustafa Awan, FCMA Kashif Mateen Ansari, FCMA Waqar Ali Khan, FCMA Government Nominees Jameel Ahmad Deputy Governor, State Bank of Pakistan Dr. Talat Imtiaz Deputy Auditor General of Pakistan Sumaira K. Aslam Dy. Chief Cost Accounts Officer, MoF Research & Publications Committee Chief Editor Mohammad Iqbal Ghori, FCMA Chairman, Research & Publications Committee Editor Shahid Anwar, Joint Director Research & Publications Directorate Email: [email protected] Contact: + 92 21 99243900 Ext 107 / 117 National Events Center / Campus Activities Directorates’ Activities National Events National Events Mohammad Iqbal Ghori, FCMA, Chairman Mian Nisar Ahmad, FCMA Hamad Rasool Bhullar, FCMA Faisal Shafique, FCMA Syed Hassan Ahmed Al-Ahdal, FCMA Syed Babar Ali, FCMA Syed Zulfiqar Ali Shah, FCMA Shoaib A. Tirmazi, ACMA Zulfiqar Ali Mehto Jawad Hamid Malik Tanvir Shahzad Inside 67th Management Accountants Day The 67th Management Accountants’ Day was celebrated with great zeal and enthusiasm on 23rd May 2017 at all campuses. The ceremonies were attended by office bearers of the institute, in addition to senior members, students and staff of ICMA Pakistan. At the head office, Karachi, the Management Accountants day ceremony was graced by Mr. Anis-ur-Rehman, Vice President and Khawaja Ehrar ul Hasan, Honorary Secretary. Other prominent members included Mr. Qaisar P. Mufti, former Vice President; Mr. Jalal Ahmed Khan, former Executive Director ICMAP; Mr. Ahsan Elahi Vohra, Chairman KBC; Mr. Khalid Mehmood, Former Chairman KBC; Mr. Saeed Ahmed Siddiqui, senior faculty member; Mr. Raza Baqir, Executive Director (Strategy); Mr. Mushtaq Ahmed Madraswala, Acting Executive Director (Operations); Mr. Waseem Ahmed, Director Finance ICMAP and employees of the Institute. Nationwide| May 23, 2017

Transcript of National Events - icmap.com.pk · Mr. Waqar Ali Khan, FCMA, Member National Council motivated...

Editorial Board

A Memoir of Institute’s activities and programs for professional development and corporate networking May 2017 I Vol: 17.5

Dear Members,

I am delighted to present the May 2017 issue of e-Newsletter covering programsand events organized by the National Council, its various Committees as wellas Branch Councils. The e-Newsletter also updates about various Institute’ssignificant activities and progress during this month.

The month of May marks two memorable occasions; one is of internationalsignificance i.e. Labor Day or international workers’ day commemorated aroundthe globe on 1st May; and the other is a red letter day in the history of ICMAPakistan i.e. 23rd May on which date the sapling of this professional institutionwas planted. This year the 67th Anniversary of the Institute was celebratedwith great zeal and enthusiasm. The coverage of the celebrations at differentcampuses is part of this newsletter.

Have a nice reading of this e-Newsletter and do share your suggestions [email protected]

Mohammad Iqbal Ghori, FCMA

Mohammad Iqbal Ghori, FCMAPresident, ICMA Pakistan and

Chairman Research andPublications Committee

National Council

Office BearersPresidentMohammad Iqbal Ghori, FCMA

Vice PresidentAnis ur Rehman, FCMA

Honorary SecretaryKhawaja Ehrar ul Hassan, FCMA

Honorary TreasurerSaghir ul Hassan Khan, FCMA

MembersRaheel Asghar Ginai, FCMA

Zia ul Mustafa Awan, FCMA

Kashif Mateen Ansari, FCMA

Waqar Ali Khan, FCMA

Government NomineesJameel AhmadDeputy Governor, State Bank of PakistanDr. Talat ImtiazDeputy Auditor General of PakistanSumaira K. AslamDy. Chief Cost Accounts Officer, MoF

Research & PublicationsCommittee

Chief EditorMohammad Iqbal Ghori, FCMAChairman, Research & Publications CommitteeEditorShahid Anwar, Joint DirectorResearch & Publications DirectorateEmail: [email protected]: + 92 21 99243900 Ext 107 / 117

National EventsCenter / Campus ActivitiesDirectorates’ Activities

National EventsNational Events

Mohammad Iqbal Ghori, FCMA, Chairman

Mian Nisar Ahmad, FCMA

Hamad Rasool Bhullar, FCMA

Faisal Shafique, FCMA

Syed Hassan Ahmed Al-Ahdal, FCMA

Syed Babar Ali, FCMA

Syed Zulfiqar Ali Shah, FCMA

Shoaib A. Tirmazi, ACMA

Zulfiqar Ali MehtoJawad Hamid MalikTanvir Shahzad

Inside

67th ManagementAccountants Day

The 67th Management Accountants’ Day was celebrated with great zeal and enthusiasm on 23rd May 2017 at allcampuses. The ceremonies were attended by office bearers of the institute, in addition to senior members,students and staff of ICMA Pakistan.

At the head office, Karachi, the Management Accountants day ceremony was graced by Mr. Anis-ur-Rehman, VicePresident and Khawaja Ehrar ul Hasan, Honorary Secretary. Other prominent members included Mr. Qaisar P.Mufti, former Vice President; Mr. Jalal Ahmed Khan, former Executive Director ICMAP; Mr. Ahsan Elahi Vohra,Chairman KBC; Mr. Khalid Mehmood, Former Chairman KBC; Mr. Saeed Ahmed Siddiqui, senior faculty member;Mr. Raza Baqir, Executive Director (Strategy); Mr. Mushtaq Ahmed Madraswala, Acting Executive Director(Operations); Mr. Waseem Ahmed, Director F inance ICMAP and employees of the Institute.

Nationwide| May 23, 2017

NewsletterVol: 17.5 I May 2017

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Ceremony at CentersCeremony at Centers

Mr. Saghir ul Hassan Khan, Honorary Treasurer was theChief Guest at MA Day celebration at Lahore. Mr.Muhammad Yasin, Chairman LBC; Mian MuhammadYasin Asghar, Secretary CPD LBC; Mirza Munawar Hussain;Mr. Tariq Saeed; Mr. Qari Mohammad Awais; Mr. ZahidMahmood; Mr. Qamar Hussain Ashtar; Mr. Anis AhmadPiracha; Mr. Muhammad Hussain, Director CentralRegion; Syed Irfan, Deputy Director and Mr. SalmanHaider, Convener CPD Committee LBC were also present.

LAHORE ISLAMABAD

Mr. Muhammad Rafi, former President ICMAP & SAFAand Ex Managing Director OGDCL was the chief guestat MA day celebration at Islamabad. Mr. Waqar Ali Khan,member National Council; Mr. Riasat Ali Khan; Mr. ZakirHussain Satti, Director North Region and other seniormembers and staff were also present on the occasion.

Mr. Abdul Shakoor, Chairman, Faisalabad Branch Councilwas the chief guest at MA day celebration at Faisalabad.Mr. Shahid Irshad, Vice Chairman; Mr. Arshad Mehmood,Deputy Director, Faisalabad Campus and other seniormembers and staff were also present on the occasion.

FAISALABAD

Mr. Muhammad Naeem, Vice Chairman, Multan BranchCouncil was the Chief Guest at MA Day celebration atMultan. Mr. Abbas Sattar, Chairman Multan BranchCouncil and Mr. Mansha Yousaf, Deputy Director MultanCenter.

MULTAN HYDERABAD

Mr. Muhammad Hussain Ajmeri, Deputy Director,Hyderabad Campus along with members, students andstaff is celebrating the MA Day.

Mr. Muhammad Hamid Mehmood, Chairman PeshawarBranch Council (PBC); Syed Irfan Haider Zaidi, ViceChairman, PBC and Mr. Shoaib, Secretary PBC were theguests of honor at the MA day celebration at Peshawar.Other members included Mr. Muhammad Bilal; SayyedSadiq Shah; Mian Nisar Ahmad; Mr. Muhammad ZaeemIqbal; Mr. Tahir Rehman and Ms. Sana Batool.

PESHAWAR

Exclusive Session on Education & Examination PolicyNationwide| May 20, 2017

The Education Department of ICMA Pakistan organized an Exclusive Session throughvideo link facilities at Karachi, Lahore and Islamabad centers on May 20, 2017 to discussICMAP Education Policy and Examination Challenges. Khawaja Ehrar ul Hassan, FCMA,Honorary Secretary was master of the ceremony while Mr. Waqar Ali Khan, FCMA,Member National Council; Mr. Muhammad Hussain, FCMA, Director Central Region;Syed Irfan, Deputy Director; Mr. Zakir Hussain Satti, FCMA, Director North Region andMr. Adeel Zeb Khan, Deputy Director Education were also present at their centers.

Honorary Secretary gave motivational speech to the students. He shared his personal experiences as student and different phases of his professional life. He also highlightededucation policies, procedures and international standards regarding accounting profession. He emphasized upon the old students to complete the CMA qualification.

Mr. Waqar Ali Khan, FCMA, Member National Council motivated students in the areas of academics, leadership and humanity. He encouraged the students to inculcate highstandards and enhance capabilities to meet the expectations of their families and the nation. At the end question and answer session was held which was participatedby students from all centres the students from all centers.

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Seminars on Zakat CalculationKarachi| May 19, 2017, Hyderabad | May 25, 2017

Karachi Branch Council (KBC) organized a Seminar on ‘Zakat Calculation’on May 19, 2017 which covered 02 CPD hours. The objective was toprovide better knowledge regarding zakat calculation under Islamiclaw. Syed Muhammad Farrukh, MS on Islamic Finance; Mr. ShameerHaroon, Head of Group Taxation and legal affairs,Gatron group ofCompanies and Syed Asif Kasbati, Head of Tax Excellence, ManagingPartner Kasbati& Co. & Mufti Ebrahim Essa, Chairman Shariah Board,Sindh Bank Limited were the speakers at the Seminar. The seminarwas attended by around 90 participants, members, students andofficials of different companies.

Karachi Branch Council (KBC) organized another seminar incollaboration with Professional Accountants Forum (PAFO) on Zakatcalculation on May 25, 2017 at Hyderabad. Speakers from PAFO gavelectures on practical examples which were well appreciated by theparticipants. Syed Danish Ali, ACMA and Mr. Muhammad HussainAjmeri, Deputy Director, Hyderabad Campus were also present onthe occasion.

Center / Campus ActivitiesCenter / Campus ActivitiesKARACHI / HYDERABAD Center / Campus Activities

Seminar on Islamic Banking & FinanceKarachi| May 6, 2017

Karachi Branch Council (KBC) organized a Seminar on ‘Islamic Banking and Finance’ on May 06, 2017 whichcovered 03 CPD Hours. The objective was to provide knowledge about Islamic Finance and shariah-compliant Banking, investment and insurance, Mr. Mohammad Mujeeb Baig, Executive Vice President andGroup Head Product Development & Research MCB Islamic Bank was the main speaker. The seminar wasattended by around 55 participants including members, students and officials of the different companies.

Post-Budget 2017-18 SeminarKarachi| May 30, 2017

Karachi Branch Council (KBC) organized a Seminar on ‘Post Budget 2017-18’ on May30, 2017. Mr. Ayaz Mehmood, Chief Commissioner IR, LTU, Karachi was the ChiefGuest and Mr. Khalid Mehmood, Chief Financial Officer, NAFA was the Moderator.Speakers of the seminar were Mr. Adnan Mufti, Partner, Shekha & Mufti; Mr. ZubairTufail, President FPCCI; Syed Shabbar Zaidi, Senior Partner and Chairman A. F.Ferguson & Co.; Mr. Shahid Hassan Siddiqui, Economist. Mr. Ashfaq Yusuf Tola,Member Board of Privatization Commission was the Session Chairman. The objectivewas to provide information related to National Budget 2017-18. The seminar wasattended by around 180 participants; members, students and officials of companies.

KARACHI

HYDERABAD

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Center / Campus ActivitiesCareer Counseling SeminarsLahore| April - May, 2017

Lahore Centre organized a number of career counseling seminars in Lahore region. The Institutions visited for career counselling include Govt. Girls Higher Secondary School;Govt. College of Commerce; Govt. College of Technology & Commerce; University of Management & Technology (UMT); Islamia College of Commerce; MAO College; GovernmentCollege Commerce and Government College University.

LAHORE

Govt. Girls HigherSecondary School Govt. College of Commerce

Govt. College of Technology &Commerce, Jain Mandir

University of Management& Technology

Islamia College of Commerce MAO College Government College Commerce Government College University

Center / Campus ActivitiesISLAMABAD

Seminar on Mock Stock Trading Competition by SECPIslamabad| April 27, 2017

Technical Support and Practice Development (TSPD) Directorate organized a seminar on Mock Stock TradingCompetition by SECP on April 27, 2017 as part of its efforts towards development of the practicing professionand capacity building of members, students and practicing members. The objective was to create awarenessamong the students and members regarding Stock Trading. The workshop was attended by the CMAs,staff of CMA firms and students of ICMA Pakistan.

Interactive Session with President of ICMA PakistanIslamabad| May 4, 2017

Islamabad Center organized an interactive session of students with the President of ICMA Pakistan on May04, 2017. The President briefed the students about the education and examinations policies and proceduresand shared his educational and professional success story. Students keenly listened to him and askedquestions which were appropriately responded by the President.

Training workshop on Anti-FraudIslamabad| May 13, 2017

The CPD committee of Islamabad Branch Council (IBC) organized a oneday Anti-fraud Training workshop on May 13, 2017. Mr. MuhammadImran,FCMA Director Finance, Ghulam Ishaq Khan Institute of Science andTechnology was the Chief Guest of the event. The workshop had threesessions. The first session was conducted by Mr. Waseem Ahmed Khan,FCMA Additional Registrar of Companies, SECP, whereas the second sessionwas conducted by Mr. Muneeb Ashraf, Assistant Manager, CorporateGoverness and Fraud from Telenor Pakistan. The third session was facilitatedby Miss Sobia Syed, Former Global Head, Product development and delivery Corporate Research Investigation LLC Pakistan. The members and students of ICMAP and ICAPwere the participants who were awarded 8 credit hours.

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Motivational Session with Council MemberIslamabad| May 18, 2017

ICMAP Islamabad Centre organized a Motivational Session with Mr. Waqar Ali khan, Member NationalCouncil on May 18, 2017. The session covered accelerated Learning Techniques, a revolutionary way oflearning, based on Nobel Prize-winning research on learning and mind, which can make a dramaticdifference to individual learning abilities.

The objective of the session was to unleash the power of brain and enhance self-confidence of theparticipants for performance improvement through advanced learning skills.

Workshop on IFRS for SMEsIslamabad| May 20, 2017

The Quality Control Department of the institute organized a workshop on InternationalFinancial Reporting Standards (IFRS) for Small and Medium Enterprises (SMEs) on May20, 2017. Mian Muhammad Ramzan was the Chief Guest and Mr. Tariq Mahmood, QualityControl Reviewer was the trainer. The objective of workshop was to provide guidanceto the participants on effective implementation of IFRS for SMEs, issued by IFAC, in thepreparation of Financial Statements of Small & Medium Entities. The Workshop wasattended by CMAs, CAs, staff of CMA and CA Practicing firms, industry representativeand other stakeholders.

Lecture on Blessings of Holy month of RamzanIslamabad| May 24, 2017

The Islamabad Center organized a lecture on the importance and blessings of the holy month of Ramadanon May 24, 2017. Mr. Sajjad Ahmed Chaven,former district and sessions Judge/Special Judge Anti-Corruptionwas the main speaker. The lecture was attended by the student and members community at large.

Center / Campus ActivitiesFAISALABAD

Accelerated Learning TechniquesFaisalabad| May 19, 2017

National Council of ICMA Pakistan organized a Motivational Session for thestudents on Accelerated Learning Techniques on May 19, 2017 through videolink at Faisalabad Campus. Mr. Waqar Ali Khan, FCMA, CPA Member NationalCouncil was the speaker at the session.

Center / Campus ActivitiesMULTAN

The News Education ExpoMultan| May 23, 2017

Multan Centre participated in Education Expo 2017 organized by the Jang News groupon May 23, 2017 at Multan. Other leading educational institutes also participated inthe expo. Mr. Mansha Yousuf, Deputy Director, Multan Center as well as other membersand staff of the institute visited the expo and provided guidance to the aspiring studentsand other visitors about the education policy and career growth prospects as CMAs.

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CORPORATE RELATIONSCPD &CORPORATE RELATIONS

Directorates’ ActivitiesDirectorates’ Activities

Interpersonal Skills Development Series in collaboration with INJAZIndustry Visit of General Tyre & Rubber Company of Pakistan Limited

Motivation & Brain Storm Sessions

EXAMINATIONEXAMINATION

Examination Extra AttemptNation-wide| May 13 - 23, 2017

The Institute’s Extra Attempt Examinations [EAE], May 2017 for following six (6) designated courses and Computer Based Examinations[CBE], May 2017 for all six coursesof Fundamental Level [FL] were conducted between May 13 to 15, 2017 and between May 16 to 23,2017 respectively.

[P2] Audit & Assurance – Professional Level[P4] Corporate Financial Reporting [Open Book Assessment] – Professional Level[C1] Strategic Risk Management – Chartered Level[C2] Strategic Management Accounting – Chartered Level[C3] Strategic Financial Management – Chartered Level[BML-303] Information Systems and I.T. Audit – Semester-3 [Transitional Arrangement]

EAE, May 2017 [Six Designated Courses] CBE, May 2017 [Fundamental Level Courses]

[F1] Fundamentals of Financial Accounting[F2] Business Economics[F3] Business English[F4] Fundamentals of Management Accounting[F5] Commercial Laws[F6] Business Mathematics and Statistics

The examinations were conducted at Karachi, Lahore, Islamabad, Multan, Faisalabad, Hyderabad, Peshawar, and Dubai [UAE] examination centres. Theresults were announced in 12 working days after the conclusion of EAE, May 2017 and in 5 working days after the conclusion of CBE, May 2017.

During the month of May 2017, following Examination Committee meetings were held, at Examination Department, Head Office, Karachi, in connection with carryingout various examination activities including announcement of results for EAE, May 2017 andCBE, May 2017.

Two meetings of the Examination Committee were held on 06-May, 2017 and 27-May, 2017 respectively.

KARACHI NORTH NAZIMABAD CAMPUS, KARACHI

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1 New Jubilee Insurance Company Limited (NJI) Internship Provided2 Ghulam Hussain Group Internship Provided3 Badar Expo Internships Provided4 Razi & Sons Internships Provided5 Khalid Brothers Placement Provided6 Shazil Pakistan Placement Provided7 Cyber Internet Services (Pvt.) Ltd. Placement Provided8 Yamaha Motor (Pvt.) Limited Placement Provided9 SME Business Solution Limited Placement Provided10 Dawat-e-Islami Placement Provided11 Millac Foods (Pvt.) Limited Placement Provided12 Novatex Limited Placement Provided13 MCB-Arif Habib Savings and Investments Limited Placement Provided14 JS Investment Limited Placement Provided15 Fifth Management Services Placement Provided16 Getz Pharma (Pvt.) Limited Placement Provided17 Pakistan Steel Mills Corporation Limited Internship Provided18 Al-Karam Towel Industries (Pvt.) Limited Placement Provided19 Kouser& Co. Internships Provided20 Pearl Securities Limited Internship Provided21 Atco Laboratories Limited Placement Provided22 Hameed & Co. Internship Provided23 Lakson Group Internship Provided24 Shield Corporation Limited Internship Provided25 Jaffer Business Systems (JBS) Placement Provided26 Khas Group Placement Provided27 BankIslami Pakistan Limited Placement Provided28 Defence Group Placement Provided29 Bank Alfalah Limited (BAL) Placement Provided30 Agility Logistics (Pvt.) Limited Placement Provided31 Mega Poultry (Pvt.) Limited Placement Provided32 Union Fabrics (Pvt.) Limited Internships Provided33 Premier Group Internship Provided34 Wemyt Private Limited Guest Speaker Session35 PKF FRONT (Chartered Accountants) Conducted Walk-in-Interview36 Union Fabrics (Pvt.) Limited Conducted Walk-in-Interview37 Muskho Electronics (Pvt.) Ltd Conducted Walk-in-Interview38 The General Tyre& Rubber Company of Pakistan Limited Organized Industrial Visit39 SAFA International Conference 28th - 29th April 2017, Islamabad Extended Support40 SAP MENA Education Head Held Guest Speakers Session41 67th Management Accountants Day Extended Support42 Matra Asia (Pvt.) Limited Held Corporate Meeting43 Suraj Cotton Mills Limited Held Corporate Meeting

Sr. Name of Organization Description of Activities

Nationswide CR&C Activities (25th April 2017 – 31th May 2017)

NA

TIO

NS

WID

E C

R&

C A

CT

IVIT

IES

Sr. Description of Activities

Summary of Nationwide CR&C (1st January 2017 – 31st May 2017)

1 Members2 Qualified3 Students4 Internship Total Placements & Internships Materialized (Citywide)5 Corporate Meetings6 Dignitary Visits7 Mentoring Sessions8 Guest Speaker Sessions9 Corporate Partnership Scheme (CPS) - MoUs10 Practical Training Scheme (IPTS) - MoUs11 Walk-in Tests / Interviews12 Corporate Events - Conducted13 Corporate Events - Supported14 Corporate Events - Participated (Seminar, Workshop etc.)15 Customized In-house Corporate Training16 Industrial Visits Arranged17 Persuasive Letters

Jan Feb Mar Apr May TOTAL34

198

348-

37---3112---

22

145

2311---1----1--3

12

115

191811-2132-1---

3-

174

2441-112-341-1-1

31

2220462-2---4-2--1-

129

8342

146801

41151

13744114

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12th DIRECTORS TRAINING PROGRAM (DTP)Karachi| May 20 - 24, 2017

The CPD Directorate of ICMA Pakistan Head office organized 12th Directors Training Program (DTP)on May 20 to 24, 2017 at Karachi. Around 13 participants attended the DTP program. The participantswere from public and private listed companies. During the training, they were given exposure aboutCorporate law, Sustainability Reporting, Code of Corporate Governance, Board Responsibilities &Ethics, Board Strategy and Risk Management, Board Composition & CEO Performance etc.

Research and Publications R&P

The March-April 2017 issue of Management Accountant Journal has been hosted on Institute’s website.This issue focuses on the theme of ‘CPEC – A Game Changer for the Region’. The main features of thisissue are special message from the Prime Minister of Islamic Republic of Pakistan; exclusive interviewsof Prof. Ahsan Iqbal, Federal Minister for Planning and Development and Mr. Shahnawaz Mahmood, DeputyManaging Director, Pak-China Investment Company Limited; and a Survey report on Implications of CPECon Economy. The Journal is available on; https://www.icmap.com.pk/management_accountant.aspx’

The May-June 2017 issue of MA Journal will be on the theme of ‘Business Entrepreneurship’.

March-April 2017 issue of Management Accountant Journal

CPD DIRECTORATECPD DIRECTORATE

Training program at Harvard University, USAUSA| April 24 to 29, 2017

In pursuance of MoU signed with M/S. Excelators, USA, the CPD Directorate organized a trainingprogram from April 24 to 29, 2017 at Harvard University, USA. The training focused on the themeof ‘Pricing, Growth and Profitability in the 21st Century’.Seven members of the institute based atUAE and England participated in the training program namely Mr. Shah Nawaz Waheed (F-1852)from Abu Dhabi; Mr. Amer Hussain (A-3142) from Dubai; Mr. Muhammad Hammad ur Rehman(F-1203) from Sharjah; Shafqat Nazir (A-3585) from Qatar; Mr. Muhammad Kashif (F-939) fromEngland and Mr. Mazher Razzaque from Dubai.

Research paper on CPEC Energy ProjectsThe R&P Directorate developed a research paper on ‘CPEC Energy Projects and Changing Fuel Mix’ which analyzed the different coal based, hydro, solar and wind energyprojects being setup under CPEC. The paper also examines the dominance of imported coal energy project vis-à-vis local coal projects and changing fuel mix with the cominginto operation of CPEC power projects.

Survey on CPECThe R&P Directorate conducted a survey of members to seek their opinion on the implications of CPEC on the industry and national economy. The survey also aimed atascertaining however members can contribute towards success of CPEC.

The results of the survey are quite encouraging and majority of the respondents have termed ‘CPEC’ as a ‘Game Changer’ and a means to trigger economic growth in thecountry. Majority of respondents have admitted that as a result of CPEC, businesses will flourish; local industry will get a big boost; new job opportunities would be created;exports may go up; energy problem to be resolved and economic growth would be stimulated. The areas identified where CMAs can play a role in CPEC include employment,consultancy and cost audit. The survey report has been published in the March-April issue of Management Accountant Journal.

Meeting of SME BoardThe R&P Directorate organized the 4th meeting SME Board on May 20, 2017. The meeting was chaired by Mr. Sayyid Mansoob Hasan, FCMA. The Board signed a MoU withthe Centre for International Private Enterprise (CIPE) to take joint initiatives for the promotion and capacity building of SME’s in Pakistan.

NewsletterVol: 17.5 I May 2017

1 S-20020267 Saifullah Khan Khuram A-63702 S-20081370 Arslan Akram A-63713 S-20090906 Maryam A-63724 S-20121293 Kaleemullah Baig A-63735 S-20061340 Nouman Shakeel A-63746 S-20062347 Muhammad Arshad A-63757 S-20081049 Rana Mohsin Ali A-6376

S No. Registration No. Name Associate Membership No.

New Associate Members

Top CPD Earners Top CPD Earners1

Muhammad KhurshidF-1544KarachiCPD Hours: 80

Khawaja Ehrar ul HassanF-1592KarachiCPD Hours: 40

2

Shahid AliA-1040KarachiCPD Hours: 40

3

Shamim AhmedA-1430KarachiCPD Hours: 40

4Muhammad Danish AliF-1833JeddahCPD Hours: 17

5

1 A-2548 Tahir Rehman F-19082 A-4190 Sohail Iqbal F-19093 A-4570 Muhammad Shahid F-19104 A-3140 Syed Ahmed Raza F-19115 A-4914 Hafiz Ejaz Ahmad F-1912

S No. Associate Membership No. Name Fellow Membership No.

New Fellow Members

New COPs

S No. Membership No. Name

1 A-5098 Ali Ahmed2 A-4981 Shahbaz Noor3 A-3793 Sayyed Muhammad Waseem Tahir

Renewal of COPs

S No. Membership No. Name

1 A-3583 Tariq Mahmood

Research & Publications Directorate

Contact: + 92 21 99243900 Ext 107 / 117, Email: [email protected] I URL: www.icmap.com.pk

Event Name Place Tentative Dates

13th Directors' Training Program Lahore July 21, 22, 27, 28 & 29, 2017CPEC Conference Lahore 1st week of August 201714th Directors' Training Program Islamabad August 18, 19, 24, 25 & 26, 2017GMAC Dubai September 16, 2017Seminar on Investment Opportunities Karachi August, 2017