ACCA and COLABS collaborate to foster financial acumen amongst businesses

ACCA (the Association of Chartered Certified Accountants) and COLABS have signed a Memorandum of Understanding (MoU) to enhance cooperation between the two organisations. The MoU focuses on capacity building, knowledge sharing, and awareness on key themes such as financial capabilities, business planning, business valuation, financial modeling, business ethics, governance structures, and investment management.

The MoU was signed in Lahore by Founder & CEO of COLABS, Omar Shah, and ACCA’s Head of Pakistan, Assad Hameed Khan, in the presence of senior management from both organisations.

‘The MoU with ACCA provides the guiding principles for various activities to enhance cooperation between ACCA and COLABS in building the financial capacity of COLAB’s partner organisations. This includes the organisation of capacity building workshops and webinars to disseminate information about both organisations' mandate and scope of activities. The MoU also includes awareness sessions for COLABS partner organisations on different programmes, such as the ACCA Approved employer programme and ACCA learning certificates,’ said Omar Shah.

Assad Hameed Khan, Head of ACCA Pakistan, highlighted: ‘This partnership provides an outreach and opportunities platform for COLAB's partner organisations, not only to upskill but also to understand their professional role in contributing to the economy of Pakistan.’

‘We look forward to working closely with ACCA to leverage our respective strengths to foster economic growth and development in Pakistan,’ added Omar Shah.

The MoU signed between COLABS and ACCA lays the groundwork for greater cooperation between the two organisations to develop a calendar and organise joint or independent events and activities for respective stakeholders.

Comments

47% of Asia Pac businesses have no emissions plan in place despite the climate emergency, reveals new report from ACCA, IFAC and PwC

As world leaders gather for COP 28, ACCA (the Association of Chartered Accountants), IFAC (the International Federation of Accountants) and professional services firm PwC released a new report: The role of the CFO and finance function in the climate transition: driving value and sustainability, based on a survey of 1,000 senior finance professionals around the world. The research reveals 47% of respondents in the Asia Pacific region have yet to produce a plan for reducing their carbon emissions. Alarmingly, 69% of those respondents without an emissions plan say they currently have no intention of developing one. This compares with global figures of 46% of respondents who have yet to prepare an emissions plan and 70% of those say they currently have no intention of developing one. The report also says that that involving CFOs and finance teams in the emissions reduction planning is likely to accelerate progress. They should embrace this because, although they may not

Peshawar Zalmi Releases "Zalmi Raalal" Official Anthem Powered by TCL

TCL, Pakistan's No.1 LED TV Brand, in collaboration with Peshawar Zalmi, has released their most awaited anthem for PSL 8, " Zalmi Raalal ". Directed by the maestro Hassan Dawar himself, "Zalmi Raalal" is a star-studded, power-packed amalgamation of music, fashion, and sports, the three foremost passion points of Peshawar Zalmi. Produced by Naughty Boy, who has worked in the global music industry with the likes of Beyoncé, Wiz Khalifa, and Sam Smith, the music video features cricket's biggest superstars Darren Sammy and Babar Azam, as well as Pakistan's biggest celebrities Mahira Khan and Hamza Ali Abbasi. Peshawar Zalmi's official anthem for 2023, "Zalmi Raalal", is an ode to passion, a story entailing the beauty and power of the KP region and its people. The anthem has crossed one million views on all online platforms since its release, and the number is increasing fast. The star-studded and narrative-centric anthem feature

Economic confidence among finance professionals edges higher globally despite big fall in North America

The latest ACCA (the Association of Chartered Certified Accountants) and IMA ® (Institute of Management Accountants)  Global Economic Conditions Survey (GECS) suggests that confidence among accountants and finance professionals edged slightly higher in Q2 2024 and is just above its historical average. For chief financial officers (CFOs), all the key global indicators rose, with sharp gains evident in the New Orders and Capital Expenditure indices. There were some notable regional differences . Western Europe-based accountants reported another decent increase in confidence as the euro area and UK economies continue to stage recoveries. Even Asia Pacific saw a small rise off the back of a huge gain previously, and the New Orders Index increased strongly. The region is benefitting from improvements in the global economy, including in the manufacturing sector and the upward moving technology cycle. However, North America’s financial professio

News Herald

Search This Blog