ACCA (the Association of Chartered Certified
Accountants) and Institute of Cost Management Accountants of Pakistan (ICMA
Pakistan) have entered a strategic partnership agreement focusing on greater
collaboration between both the accounting bodies and creating new opportunities
for their members, partners and the country. The announcement was made at a
high-profile event here in Islamabad yesterday.
The agreement will allow both the organisations to
collaborate on delivering inclusive, integrated thinking by glocalising the
governance processes, create new membership pathways, and benefit from their
collective global and local knowledge, experience and reach.
‘Today’s world offers a very unique opportunity to
“work together”, “evolve together” and “create together”. But it requires a
mindset shift towards purpose driven collaboration to solve regional and global
problems.’ - Zia ul Mustafa, President, ICMA Pakistan.
He further emphasised that members of both ACCA and
ICMA Pakistan have a lot to gain from this partnership. He explained how ICMA
Pakistan is playing its role in Pakistan’s economic development and also the
statutory privileges and rights earned by the Institute’s members over a period
of 60 years of its existence. Mr. Zia expressed that broader collaboration
between both professional accounting organisations will further add to their
national and international contribution towards common global objective of
increasing capacity for innovation and productivity.
“This strategic partnership with ICMA Pakistan is
consistent with our mission to be a global leader in the profession by
providing opportunity and open access to people of ability wherever they are in
the world to support and promote the highest ethical, governance and
professional standards, advancing the public interest”, added Helen Brand OBE,
Chief Executive, ACCA.
“I am confident that this thought leadership shall
help Pakistan to build trust, understand the importance of governance and
transparency, enhance quality of financial information for decision making,
expand tax base, build larger portfolio for export of services, and earn
reputation for the professionals in Pakistan.”
Present at the signing ceremony were Guests of
Honour, Andleeb Abbas, Parliamentary Secretary for Foreign Affairs, Zamir
Ahmed, Additional Auditor General of Pakistan, and Faiz ullah Kamoka, Chairman,
Standing Committee for Finance, Revenue and Economic Affairs.
Other important attendees included, Ayla Majid
FCCA, Council Member, ACCA, Shehzad Ahmed Malik, Council Member, ICMA Pakistan,
Ather Saleem, Council Member, ICMA Pakistan, Ghulam Qazi, Council Member, ICMA
Pakistan, Aamir Ijaz Khan, Executive Director, ICMA Pakistan, Sajjeed Aslam,
Head of ACCA Pakistan, Assad Hameed Khan, Market Head - Business Development,
ACCA, Muhammad Shehzad Khan, Chairman – UK Branch Council, ICMA Pakistan, and
Javaria Malik, Director Marketing and Communications, ICMA Pakistan.
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