Page 1 - Newsletter-January 2018

Newsletter www.icap.org.pk Volume 41 Issue 1 | January 2018 Governance, Transparency and Service to Members and Students contents meets & events My BIGGEST REGRET 2017 meets & events 6 ICAP's CAWC Leadership Summit 2017 National Finance Olympiad 2017 10 Concludes With A Bang! ICAP's NRC Meetup with Governor Punjab 16 Accounting Standards Board Deliberates on IFRS 17 Insurance Contracts 17 CA Pakistan Brand Ambassadors 18 Seminar on Companies Act 2017 19 “Why run a page full of regrets? Why not ask the members New Overseas Management Committee about their greatest achievements in 2017. This could be Elected for KSA Chapter inspiring as well as upbeat.” ICAEW Achievement Award ICAP Examinations held in Riyadh and 20 “Instead of Biggest Regret which gets one in a negative Jeddah mode, why not ask for Biggest Goal, or a goal one managed Two Free VAT Seminars Conducted in to achieve in 2017. This will generate positivity.” Riyadh CA Toastmasters Club Lahore 21 “I was shocked. What kind of topic is it? Most depressing. Why should one write about one's regrets? The topic should have CA Toastmasters Club Islamabad been my greatest achievements of 2017.” 22 … and there were many other distressed calls and feedback member news on the selection of My Biggest Regret 2017. Top 5 CPD Earners 25 Dear Members, the choice of this topic was not about New Fellow/Associate Members negativity or pessimism or unconstructiveness. It’s about moving ahead after taking stock of the year that was. technical update 26 Just as we gear up to list our resolutions for the New Year, with 2017 coming to an end, it’s also time to reflect back on the student section year that was. Talking about a trail of regrets…? Why not? Life is not all about roses and successes, it’s about failures too, and CA Pakistan Olympiad 2017 28 most important of all, learning from failures. ICAP Publication Career Counselling Session 29 department requested you to share with your peers your Biggest Regret 2017 as we talk of achievements ever so often. Orientation Sessions for Fresh Intake of However, at times, identifying and being aware of our failures, Chartered Accountants 31 regretting the lost time, and sharing with others help to focus, Career Fairs 32 plan better, perform better and deliver dreams on time. A very Trainees’ Induction Fair 33 happy 2018 to all ICAP members, students, affiliates and staff. May this new year be full of joy for you and your dear ones... bubbles & briefs 35 - Samina Iqbal Chartered Accountants Avenue, Clifton, Karachi-75600 (Pakistan) UAN: 111-000-422 PABX: 99251636-39 Fax: 99251626 Email: info@icap.org.pk