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ACCA, BoI agree to work together on ‘Ease of Doing Business’ reforms

ISLAMABAD: Chairman, Board of Investment (BoI), Haroon Sharif has said that the government is focused on addressing the structural problems in the economy to ensure export-led development and achieve stabilisation through development of human resource in the country.

He was talking to a meeting with Helen Brand OBE, Chief Executive, ACCA (the Association of Chartered Certified Accountants).

Highlighting some of the structural issues, the BoI chairman said that the professional bodies such as ACCA has a significant role to play in the development of human resource in the fields of corporate management, particularly corporate finance. Helen Brand highlighted that ACCA is training professionals on the line of fulfilling the requirements of digital age and is inculcating the highest standards of ethics and professionalism.

“We are looking for tangible partnerships with private sector to bring in their knowledge and expertise to get the desired results.” – Haroon Sharif added.

The ACCA team also shared some of the insights on ‘Ease of Doing Business’ and overall business environment in Pakistan. Haroon Sharif appreciated the efforts of ACCA in finding the gaps in the policy and implementation and asked them to share concrete recommendations with the BoI, which is the Secretariat for ‘Ease of Doing Business’ reforms in the country.

Earlier, Helen Brand OBE called on the Chairman of Audit Oversight Board (AOB), Mr. Tariq Iqbal Khan in Islamabad to explore opportunities for future partnerships. Senior representatives from the AOB, including Usman Hayat, Chief Executive Officer and Shahid Karim FCCA, Chief Regulatory Officer were also present at the meeting.

Helen also met with Zia ul Mustafa Awan, President, ICMA Pakistan to discuss greater collaboration between both the professional accountancy bodies in developing the accountancy profession in Pakistan. Helen was also joined by Alan Johnson, Deputy President, International Federation of Accountants (IFAC) and Chair of ACCA’s Accountants for Business Global Forum.

Helen Brand OBE was in Pakistan to attend the third edition of Leaders in Islamabad Business Summit. Powered by ACCA’s award-winning Professional Insights and featuring business leaders and luminaries from around the world, ACCA joined the summit as a Knowledge Partner.

On the sidelines of the summit, Helen also attended different sessions hosted by country’s top leadership, most notably the sessions hosted by Prime Minister Imran Khan, President Dr. Arif Alvi and General Zubair Mahmood Hayat NI, Chairman Joint Chiefs of Staff Committee.

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