Accounting Scenario

Today’s World is business oriented where entrepreneurs are looking for qualified Accountants who have expertise to take prudent business decisions and lead in the market. Many Multinationals & Local companies are headed by qualified Accountants like CA, ACCA & CIMA.

A good number of qualified accountants are not only serving the country but also abroad.

Now, the Profession is being dominated by local regulatory bodies like Securities & Exchange Commission of Pakistan (S E C P) and Standard setting International Bodies like International Financial Reporting Standards (IRFSs). Pakistan is among those countries who have adopted IFRSs (Previously known as IASs) since its introduction, 1970s.

The internationally accepted professional qualification gives an edge to students to explore opportunities to have a professional exposure in other countries including European Countries who have adopted IFRSs since 2005. Moreover, it opens the door for jobs in US & UK, due to the adaption of IFRS by these countries from 2011- 2012.

Now, qualified Chartered Accountants of Pakistan, enjoy endless opportunities in Capital Markers, Industry & Consultancy Firms. They are also engaged in activities such as Auditing, preparing Project Reports, Planning, Working Capital Management, Inventory Control, Policy Planning, Consultancy, and Registrar for Issuance of Securities, etc. The backroom Accountants of yesteryears are now at the forefront of large and interpretation of Financial & Non-financial data enabling them to make prudent decisions to bring material results.

Now, Trainee Students of CA Firms are being sent frequently to all over the World to conduct audit and carryout related assignments to enrich their exposure and vision.

It is a matter of honor that by the Grace of ALLAH, Al Hamd Academy has so far produced more than 600 qualified Chartered Accountants who became Members of ICAP, ACCA & CIMA.