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Newsletter www.icap.org.pk Volume 38 Issue 8 | August 2015 Governance, Transparency and Service to Members and Students contents meets & events meets & events ICAP National Finance Olympiad (NFO) 2015 Seminar: Macro-economic Happenings in 3 Pakistan in light of Economic Theories Training Induction Fair 2015 4 CA Toastmasters Club Meeting Lahore CA Toastmasters Club Meeting Faisalabad Discussion Session on Imposition of Sales 5 Tax on Services of Auditors & Accountants member news 6 Top 5 CPD Earners Shifting of ICAP Faisalabad office 7 technical update 8 IASB Proposes Clarifications to IFRS 15 IPSASB Publishes Exposure Draft ICAP president Yacoob Suttar and chairman PAIB Khalilullah Shaikh giving the National on the Applicability of IPSASs Finance Olympiad Champion 2015 trophy to team Engro Corporation. 9 Audit Bulletin The Institute of Chartered Accountants of Pakistan (ICAP) and Unilever hr news Pakistan jointly organised Pakistan’s first finance competition – National Finance Olympiad (NFO) 2015, the grand finale of which was held on Eid Breakfast 10 August 6, 2015 at a local hotel in Karachi. feedback The event, organised by the ICAP’s Professional Accountants in Business student section (PAIB) Committee, was attended by the top management of renowned national and multinational organisations. The top six qualifying teams: Career Counselling Session Byco Petroleum Pakistan Limited, Central Depository Company of Pakistan 11 Express Education Expo 2015 Lahore Limited, Engro Fertilizers Limited, Haleeb Foods Limited, Kot Addu Power Company Limited and Pakistan State Oil Company Limited, competed in Inter RAETs Debate Competitions 2015 the grand finale. Examination News Results of CA Final Examinations Summer 12 The day commenced with recitation of verses from the Holy Quran followed 2015 by opening remarks by Khalilullah Shaikh, the chairman PAIB Committee "Love Pakistan, otherwise, leave Pakistan!" 13 and Council member ICAP. He welcomed the participants and shared the – Gold Medalist Murtaza Quaid concept and objectives for Pakistan’s first finance competition. He said that the main purpose of the event was to engage finance professionals in their meet of the month professional development in a unique way, pit them against each other Amal Gulraiz 16 in a healthy competition and encourage them to discover their potential, "Chartered accountancy is a complete exhibit their talent and celebrate their competence. package!" Chartered Accountants Avenue, Clifton, Karachi-75600 (Pakistan) UAN: 111-000-422 PABX: 99251636-39 Fax: 99251626 Email: info@icap.org.pk
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