News Herald

                  Finance teams have just five years to transform or risk becoming irrelevant, according to a new report by ACCA (the Association of Chartered Certified Accountants) and Chartered Accountants ANZ in association with PwC. The report,   Finance evolution: Thriving in the next decade , stresses the vital role finance teams play in building sustainable businesses and urges CFOs and finance leaders to take immediate action. Drawing on insights from over 150 finance professionals and 2,300 survey responses, the report shows that businesses now demand a broader skill set from their finance teams, as retrospective reporting and traditional approaches to planning and forecasting alone no longer meet key decision-makers' needs. Being pre-emptive is the order of the day.  The report highlights some ongoing concerns raised by survey respondents: ·           A lack of clarity on how fi...

  Pak-Qatar Group (PQG), Pakistan’s premier and pioneering Islamic financial services group, proudly announces its recent accreditation by the Institute of Chartered Accountants of Pakistan (ICAP) as an Approved Training Organization Outside Practice (TOoP). This prestigious recognition marks a significant milestone in PQG’s ongoing commitment to nurturing and developing Chartered Accountancy professionals. The official accreditation ceremony was graced by senior officials from both organizations, including Mr. Farrukh V. Junaidy and Mr. Muhammad Kamran Saleem, Board Members of Pak-Qatar Group, and Mr. Farrukh Rehman, President of ICAP. The event underscored the importance of this partnership in advancing the accounting profession within Pakistan. Mr. Farrukh Rehman, President of ICAP, highlighted the significance of this collaboration, stating, "ICAP is delighted to partner with Pak-Qatar Group in offering a comprehensive Chartered Accountancy Training Program. Our objective is t...

                                               TCL   Pakistan’s No 1 LED TV brand and top one 98-inch TV brand, today announces exceptional honors obtained at the EISA Awards. Renowned as Europe’s premier authority on audio-visual innovation, the Expert Imaging and Sound Association (EISA) has bestowed three prestigious awards on TCL, underscoring the brand's relentless commitment to pushing the boundaries of display technology. The ground-breaking TCL 115 X955 Max TV has earned the title of  "EISA STATEMENT TV 2024-2025"  in the XL screen category, highlighting its superior performance and innovative design. Additionally, TCL’s QD-Mini LED 4K TV 75C855 has been recognized as the  "EISA HOME THEATER MINI LED TV 2024-2025" , further cementing TCL's reputation for delivering unparalleled home cinema experiences. TCL 115X955 Max – EISA "STATEMENT TV 20...

                                              Transform your living space into an entertainment hub with TCL Smart TVs. These advanced televisions are designed to enhance your viewing experience while seamlessly integrating with your lifestyle. In this guide, we’ll highlight the key features that make TCL Smart TVs the perfect choice for your home. What is a Smart TV? A smart TV is more than just a traditional television. It combines the best of TV with the convenience and interactivity of internet-connected devices, giving you an all-in-one entertainment solution. You no longer need external devices like consoles or Blu-ray players to stream content—everything is built into the TV itself. Why Choose TCL for Smart TVs? TCL has firmly established itself as a leader in the smart TV industry. As the world’s second-largest TV manufacturer and the No.1 TV brand in Pakistan, TCL ...

      Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has achieved a significant milestone in the ongoing Walton Road Upgradation Project by commencing asphalt layering. This initiative marks a crucial step towards enhancing Lahore's infrastructure and improving connectivity across the city. The Walton Road Upgradation Project, nearing completion, is poised to transform the city's infrastructure landscape. The latest phase of asphalt layering has commenced from Defence Morr towards Major Ishaq Shaheed Flyover, almost 900 tons of asphalt is completed in first phase. This phase will extend further, covering the stretch from Ferozepur Road to Defence Morr, resulting in a complete six-lane carriageway. CEO of CBD Punjab, Imran Amin, has personally overseen the project's progress, directing contractors to mobilize all necessary machinery for seamless execution of asphalt layering operations.  Ex...

                       Imran Amin, CEO of the Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), chaired a high-level meeting to assess the progress of the Walton Road Upgradation Project. Following the meeting, he conducted an on-site visit to Pakistan's premier and largest IT hub, CBD NSIT City, to review the ongoing construction of the Celestia IT Tower and associated roadworks. The progress review meeting was attended by key stakeholders, including Executive Director Technical CBD Punjab Riaz Hussain, Director Construction CBD Punjab Asif Babar, Project Director NLC Brigadier (R) Umar Farooqi, senior officials from NLC, NESPAK, and the official contractors.  During the meeting, CEO Imran Amin was briefed on the status of  projects.Significant advancements have been made to the Walton Road Upgradation Project. The completion of the ADA Nulla...

                                              Advent of artificial intelligence (AI) provides crucial extra impetus to the ongoing skills evolution Integration of AI in accountancy and finance presents both challenges and opportunities for the profession. But ACCA research suggests that while there is a need to continuously evolve the skillset and knowledge base, there are also strong foundations in place  from which finance professionals can position themselves and their organisations for success in this new era .   An ACCA skills analysis of 25,000 accountancy-related jobs found that analytical and audit roles were most likely to require advanced capabilities – such as data science knowledge – while data management skills were in greater demand for transactional roles.   Alistair Brisbourne,  Head of Technology Research, ACCA, said: ‘Data skills are al...