Page 5 - Newsletter-July_2015

Governance, Transparency and Service to Members & Students www.icap.org.pk Excel Workshop Participants and trainer of Certification on Board Evaluation Saad Usman conducting the Power Excel workshop Techniques The Institute of Chartered Accountants of Pakistan body, ICAP launched the CBET keeping in mind SECP (ICAP) Southern Regional Committee (SRC) organised a requirements as well as to cater to the needs of the 2-days Workshop on Power Excel – An Advance Excel professionals. 2010 Program on June 15 and 16, 2015 at ICAP House, Karachi. The workshop was attended by 15 participants, The trainer was Huma Pasha, former head Internal Audit, comprising both members and non-members. Dawood Hercules Group and currently the chairperson and director of Workstream Automation Ltd. The course Abdul Rab, FCA Continuing Professional Development was based on case studies, theory as well as interactive (CPD) Committee convener SRC commenced the exercises. The presentation covered key aspects related workshop with his opening remarks and recitation to evaluation and kept the participants engaged. A from the Holy Quran total of 25 participants from private and public sector and introduced the companies attended the program and appreciated the workshop facilitator initiative. Saad Usman, ACA, head of controlling department and CA Toastmasters Club Meeting company secretary Sanofi Pakistan. His Lahore immense command After successfully holding elections of its Executive over the subject Committee (EC), Chartered Accountants Toastmasters and interactive style Club Lahore (CATMCL) organised a meeting of outgoing kept the participants engaged during the workshop. To and incoming EC members to review the progress of the conclude the session, Abdul Rab presented a memento goals achieved during the term i.e. July 1, 2014 to June as a gesture of appreciation to Saad Usman and 30, 2015 and to set goals for the forthcoming year i.e. thanked him for his participation. Certificates were also July 1, 2015 to June 30, 2016. distributed to the participants. This review revealed that CATMCL has achieved eight ICAP Launches Certification on goals set forth at the beginning of the session, which has enabled it to become eligible to receive highest Board Evaluation Techniques recognition award named President’s Distinguished Club given by Toastmasters International worldwide to The Institute of Chartered Accountants of Pakistan any club. EC members celebrated this success, which is (ICAP) launched a day long program, Certification the second consecutive achievement of the club in two on Board Evaluation Techniques (CBET) on June 16, years. This award is given to clubs that are able to achieve 2015 at Marriott, Karachi. According to the Code of the following: Corporate Governance 2012, the board has to put in • Improvement in the membership during the year place a mechanism for undertaking annual evaluation over the base number set at the start of the year; of the performance of the board within two years of • Achievement of awards by members on their the implementation of the code. Being the regulatory communication and leadership tracks; and July 2015 5