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PAKISTAN BIG 4 FIRM

Firm	Revenues	Employees	Fiscal Year	Headquarters	Source

PwC (officially PricewaterhouseCoopers) $29.2bn 169,000 2011  United Kingdom ^[1] Deloitte Touche Tohmatsu $28.8bn 182,000 2011  United States ^[2] Ernst & Young $22.9bn 152,000 2011  United Kingdom ^[3] KPMG $22.7bn 138,000 2011  Netherlands ^[4]

Some suggestions for those graduates with little or no working experience

Some fresh graduates who have little or no working experience may face a similar problem, in that they cannot get experience until they get a job, but cannot get a job as they have no experience. Fortunately, many large local and multinational companies, - most of them prestigious - have their own campus recruitments targeting fresh graduates who have no working experience. One of the problems that fresh graduates face is how to attract employers’ attention and make themselves stand out. Here follows some suggestions for becoming a successful candidate.
Firstly, candidates must try to avoid low level mistakes in their CVs. When sifting through hundreds of CVs, it’s far easier to find reasons to eliminate candidates than to grant them interviews. Spelling mistakes, lack of clarity and meaning will conspire to reward the application with instant rejection, because no employer wants to have to train someone in such fundamental skills. For those graduates whose written communication skills are weak, practicing frequently is a good way to improve the written skills.
Secondly, try to make non job-related experience count. Although fresh graduates have little or no job-related working experience, they are still likely to have much to offer employers. The secret is to think about the aptitudes required in the job and consider how well their campus and social experience might have prepared them. For example, working in teams, managing time, and dealing with difficulties are skills that can be developed in campus and social activities.
Thirdly, try to make the best use of the knowledge learned during college and ACCA studies. During the interview, an interviewer always asks some job-related technical questions, and candidates need to answer these questions by using the knowledge they have learned during their studies. Some important parts of accounting and finance knowledge should be prepared before attending any interviews, and impressive answers to the technical questions can be the key to successfully being offered the job.  
As the global economy goes into meltdown, recruiters are under intense pressure to justify any expenditure related to hiring staff, and more people are coming on to the jobs market. Those who make recruitment decisions are in a strong position to raise the bar when screening candidates, so it’s important for graduates with little or no working experience to try their best to improve their employability in order to get the job offer they desire.

HOW TO REGISTERD WITH ACCA

http://www.accaglobal.com/

ACCA JOBS IN UK

ACCA JOBS

APPLY HERE: http://acca.rozee.pk/

WHAT KMPMG PAKISTAN WANTYOU TO DO?

By Bilal Siddiqui Many ACCA/CA/CIMA aspire to work for big four. Even according to one of Pakistan ACCA own survey, almost 80% students consider Big four as a first career choice. So we decided to help student as what to do and what NOT to do while sending your CVs to audit firms. As part of this series, we will cover instructions directly from HR department of Big four audit firms. We selected KPMG Pakistan as our first choice. Here are few important guidelines t

ACCA 2012 EXAM DATES

June 2012 session

Monday 11 June F5 Performance Management P7 Advanced Audit and Assurance
Tuesday 12 June F6 Taxation P4 Advanced Financial Management
Wednesday 13 June F7 Financial Reporting
Thursday 14 June F8 Audit and Assurance P5 Advanced Performance Management
Friday 15 June F1 Accountant in Business P6 Advanced Taxation
F9 Financial Management
Monday 18 June F4 Corporate and Business Law P3 Business Analysis
Tuesday 19 June F3 Financial Accounting P2 Corporate Reporting
Wednesday 20 June F2 Management Accounting P1 Governance, Risk and Ethics

ACCA JOB IN UK

Midlands http://www.accajobs.com/ Treasury Specialist - ACA/ACCA/ACT/IIA/CIA - Financial - East Midlands in Midlands Main site navigation... You are here: Treasury Specialist - ACA/ACCA/ACT/IIA/CIA - Financial - East Midlands Treasury Specialist - ACA/ACCA/ACT/IIA/CIA - Financial - Sun, 22 Jan 2012 16:13:17 GMT ACA/ ACCA Newly Qualified or Finalist Prospect Recruitment - Kent Job Title: ACA/ ACCA Newly Qualified or Finalist Location: Rural West Kent Salary: £25,000 - £32,000 The Company: My... Candidate: The ideal candidate will be Newly Qualified or a Finalist ACA/ ACCA, with 3- 5 years current practice experience Prospect Recruitment - Sun, 22 Jan 2012 16:13:17 GMT Management Accoutant - ACCA Acorn Recruitment Ltd - Cwmbran, Torfaen statements. ·Coordination of company insurance policies and liasing with brokers on insurance issues. Performance Criteria ·ACCA Acorn Recruitment Ltd - Sun, 22 Jan 2012 16:13:17 GMT Assistant Management Accountant (CIMA / ACCA / AAT) BLUA3086 Blue Octopus Recruitment Limited - Warrington, Cheshire Assistant Management Accountant (CIMA / ACCA / AAT) BLUA3086 Warrington Salary circa £22,000 Our client is a leading..., with a background of communicating and dealing with Program / Sales management. There is a preference for candidates to be CIMA / ACCA Blue Octopus Recruitment Limited - Sun, 22 Jan 2012 16:13:17 GMT Assistant Management Accountant (CIMA / ACCA / AAT) BLUA3086 Blue Octopus Recruitment LLP - Warrington, Cheshire Assistant Management Accountant (CIMA / ACCA / AAT) BLUA3086 Warrington Salary circa £22,000 Our client is a leading..., with a background of communicating and dealing with Program / Sales management. There is a preference for candidates to be CIMA / ACCA Blue Octopus Recruitment LLP - Sun, 22 Jan 2012 16:13:17 GMT European Reporting Accountant – ACA / ACCA / CIMA Web Recruit - Luton European Reporting Accountant - ACA / ACCA / CIMA Luton, Bedfordshire £Competitive If you're an ACA, ACCA or CIMA... To be considered for this position, you must have: - A recognised accountancy qualification, such as an ACA, ACCA, CIMA or similar Web Recruit - Sun, 22 Jan 2012 16:13:17 GMT Management Accountant / ACCA Part Qualified (Charity Retail) Easy Web Recruitment - London Management Accountant / ACCA Part Qualified (Charity Retail) Our client is a leading charity committed to supporting... a similar Management Accountancy role, in a retail environment is essential. b) ACCA part qualified (or equivalent) and prepared Easy Web Recruitment - Sun, 22 Jan 2012 16:13:17 GMT Newly Qualified ACA & ACCA'a Investigo - London Newly Qualified ACA & ACCA candidates are required for a number of roles across Central London and the home counties... paying competitive salaries with good progression. If you are a Newly Qualified ACA or ACCA from a Big 4, Top 10 or Top 20 Investigo - Sun, 22 Jan 2012 16:13:17 GMT Newly Qualified ACA & ACCA'a Investigo - London Newly Qualified ACA & ACCA candidates are required for a number of roles across Central London and the home counties... paying competitive salaries with good progression. If you are a Newly Qualified ACA or ACCA from a Big 4, Top 10 or Top 20 Investigo - Sun, 22 Jan 2012 16:13:17 GMT SAP FICO Senior Consultant New General Ledger/Accounts Payable/Accounts Receivable/Asset Accounting/Cost Centre Accounting/Profit Accounting/Internal Orders/Product Costing/CIMA/ACCA - West Midlands Accounting/Profit Accounting/Internal Orders/Product Costing/CIMA/ACCA SAP FICO Senior Consultant New General Ledger/Accounts.../ACCA Whitehall Resources are recruiting for a SAP FI/CO Senior Consultant to join an exciting expanding company. Operating - Sun, 22 Jan 2012 16:13:17 GMT Management Accountant (Part-Qualified CIMA, ACA or ACCA) c£30k Easy Web Recruitment - Oxfordshire Management Accountant (Part-Qualified CIMA, ACA or ACCA) c£30k Our client is a global market leading provider..., ACA or ACCA. b) Preferably educated to degree level. c) Previous management accounts experience, preferably in an operational role Easy Web Recruitment - Sun, 22 Jan 2012 16:13:17 GMT Back Office Energy/ Fin. Trading Systems Accountant (ACCA/CIMA) Fenwick Ryan - London Back Office Energy/ Fin. Trading Systems Accountant (ACCA/CIMA) Gain Business Analyst experience, career development... of financial or energy / commodities. Need to have accounting qualifications such as ACCA or CIMA and ideally a BSc in Business Fenwick Ryan - Sun, 22 Jan 2012 16:13:17 GMT Finance Manager – CIMA / ACCA / ACA - Peterborough professional with a CIMA, ACCA or ACA qualification and experience of management accounting and reconciliations. If that sounds... - A proven track record of presenting financial conclusions in a variety of formats - Reconciliation experience - A CIMA, ACCA - Sun, 22 Jan 2012 16:13:17 GMT Management Accountant – Part-Time (ACA, ACCA, CIMA) - South East England - North West London to join their expanding business in North West London. If you're an ACA, ACCA or CIMA qualified management accountant, this is a great..., you must: - be a qualified accountant with an ACA, ACCA, CIMA or similar - have extensive management accounts experience As a Management - Sun, 22 Jan 2012 16:13:17 GMT Finance Manager - SME Media / Entertainment Company (ACCA / CIMA) - South East England - Central London . If you are an ACCA or CIMA qualified accountant with experience gained within an SME media or entertainment company... and sales teams To be considered for this position, you must have - a CIMA or ACCA coupled with post qualification accountancy - Sun, 22 Jan 2012 16:13:17 GMT Qualified Accountant - ACCA / ICAS CVbrowser - Bonnybridge, Falkirk - Stirling Adecco is looking to recruit a qualified accountant (ACCA / ICAS) who has experience of working with a diverse client CVbrowser - Sun, 22 Jan 2012 08:56:30 GMT Treasury Specialist - ACA/ACCA/ACT/IIA/CIA - Financial - East Midlands ARK International Recruitment Ltd - Midlands reviews, using your knowledge to identify risks. A qualification in Treasury, accountancy (ACA, ACCA, ACT or IIA) or Audit in ARK International Recruitment Ltd - Sun, 22 Jan 2012 08:46:34 GMT Treasury Specialist - ACA/ACCA/ACT/IIA/CIA - Financial - East Midlands ARK International Recruitment Ltd - East Midlands reviews, using your knowledge to identify risks. A qualification in Treasury, accountancy (ACA, ACCA, ACT or IIA) or Audit in ARK International Recruitment Ltd - Sun, 22 Jan 2012 08:41:58 GMT Statutory Reporting Accountant – ACA / ACCA / CIMA Web Recruit - Luton Statutory Reporting Accountant - ACA / ACCA / CIMA Luton, Bedfordshire £Competitive If you're an ACA, ACCA or CIMA... for this position, you must have: - a recognised accountancy qualification, such as an ACA, ACCA, CIMA or similar - experience Web Recruit - Sun, 22 Jan 2012 08:34:36 GMT AUDIT & ACCOUNTS ACA/ACCA FOR FORENSIC ROLE Warner Scott - London Our client, a leading Insolvency and Forensic Accounting firm, are seeking to recruit an ACA or ACCA newly qualified... accountant to work on Forensic Accounting, Fraud and Insolvency Investigations assignments. Candidates will be ACA or ACCA Warner Scott - Sun, 22 Jan 2012 08:33:31 GMT

ACCA FUTURE

First of all, I would like to say that I am glad to be able to share my thoughts and views about ACCA and accounting related topics, such as ACCA studying experience, career prospects of accountancy, the knowledge and ethics required for a qualified accountant and so on, with the blog readers who may come from any corner of the globe through the well structured and organized web space of ACCA Student Blogs. In my first blog, I want to talk about the reasons for my choosing of ACCA. Firstly, a widely recognized accounting qualification has a direct bearing on future job prospects. ACCA is a reliable and innovative professional body that has an excellent worldwide reputation, which continues to grow as its qualifications attract an increasing number of new students each year. Its working with many accountancy organizations at international, regional and local level makes ACCA the best-known international accountancy body among employers, which might give the ACCA members and students an advantage over other job seekers. Secondly, with the rapid development of accountancy profession, we need much deeper and wider knowledge of accounting and finance than before in order to start a career. ACCA would help me become knowledgeable in a wide variety of areas including accounting, tax, financial management, risk management and corporate governance. In addition, ACCA produces professional accountants whose skills and knowledge are required by employers, with potential to progress to obtain fulfilling careers in many roles in accounting and business. Even more important is the fact that it broadens my horizons which is crucial to future career success. The above reasons made me choose the ACCA qualification over the other professional qualifications available. In my opinion, ACCA qualification is really a sound choice for the person who decided to pursue a career in accountancy and finance, especially for the people in China because of the ever growing Chinese economy which give rise to an urgent and growing need for accountants who understand the international standards and rules.

ACCA PAPER LIST

Paper F1, Accountant in Business Bob Souster Paper F2, Management Accounting David Forster Paper F3, Financial Accounting Nicola Ventress Paper F4, Corporate and Business Law (BWA) John Kiggundu Paper F4, Corporate and Business Law (CHN) Zhidong Chen Paper F4, Corporate and Business Law (CYP) Pambos Ioannides Paper F4, Corporate and Business Law (ENG) David Kelly Paper F4, Corporate and Business Law (HKG) Paul Kwong Kin Ning Paper F4, Corporate and Business Law (LSO) Umesh Kumar Paper F4, Corporate and Business Law (MLA) Louise Ellul Cachia Caruana Paper F4, Corporate and Business Law (MYS) S Thalmalingam Paper F4, Corporate and Business Law (PKN) Muhammad Arif Saeed Paper F4, Corporate and Business Law (RUS) Robert Souster Paper F4, Corporate and Business Law (SGP) Erin Goh-Low Soen Yin Paper F4, Corporate and Business Law (VNM) Robert Souster Paper F4, Corporate and Business Law (ZAF) Jopie Pretorius Paper F4, Corporate and Business Law (ZWE) Emmanuel Magade Paper F5, Performance Management Geoff Cordwell Paper F6, Taxation (BWA) Terry Brick Paper F6, Taxation (CHN) Kit Chung Paper F6, Taxation (CYP) George Poufos Paper F6, Taxation (CZE) Milena Hrdinkova Paper F6, Taxation (HKG) Betty Kwok Yuk Sim and Shirley Fu Me Yuk Paper F6, Taxation (HUN) Agnes Claus Paper F6, Taxation ( IND ) N Rangachary Paper F6, Taxation (IRL) Eugene Dolan Paper F6, Taxation (LSO) Nthoto Ramalefane Paper F6, Taxation (MLA) Walter Cutajar Paper F6, Taxation (MWI) Andrew Chioko Paper F6, Taxation (MYS) Shareena Othman (Cheong Shaw Gor) Paper F6, Taxation (PKN) Nusswan Rustomjee Paper F6, Taxation (POL) Jan Czerniawski Paper F6, Taxation (RUS) Natalia Denisova Paper F6, Taxation (SGP) Damien Hong Chin Fock Paper F6, Taxation (VNM) Warrick Cleine Paper F6, Taxation ( UK ) David Harrowven Paper F6, Taxation (ZAF) Keith Huxham Paper F6, Taxation (ZWE) Georgina Masike Paper F7, Financial Reporting Stephen Scott Paper F8, Audit and Assurance Alan Lewin Paper F9, Financial Management Antony Head Paper P1, Professional Accountant David Campbell Paper P2, Corporate Reporting Graham Holt Paper P3, Business Analysis Steve Skidmore Paper P4, Advanced Financial Management Bob Ryan Paper P5, Advanced Performance Management Shane Johnson Paper P6, Advanced Taxation (CHN) Sandy Lin Paper P6, Advanced Taxation (CYP) Loizos Timinis Paper P6, Advanced Taxation (HKG) Betty Kwok Yuk and Shirley Fu Me Yuk Paper P6, Advanced Taxation (IRL) James O'Hara Paper P6, Advanced Taxation (MLA) Kevin Catania Paper P6, Advanced Taxation (MYS) Richard Thornton Paper P6, Advanced Taxation (SGP) Jenny Lim

ACCA Examiners List - ACCA Global Accountancy Discussion Forums

ACCA Examiners List - ACCA Global Accountancy Discussion Forums

ACCA INSTITUTES IN PAKISTAN 2012

1. Skans college of accountancey House # 68, F-7/4, Nazim ud Din Road, Islamabad Pakistan Tel: +92 (051) 2879777 / 2879888 Fax: +92 (051) 2879666 WWW.SKANS.EDU.PK ..... 2.The university of lahore business school Islamabad City Campus: 24- West Raza Plaza, Blue Area, Islamabad. Phone: 051 2829162-64, 2827645, Fax: 051-2829238 www.uolcc.com/ ...... 3. University College of Islamabad House 8, Street 21, F-8/2, Islamabad, Pakistan Phone: (92-51) 2281461, 2853178 Fax/Phone: (92-51) 2260690 http://www.uci.edu.pk/ ......... 4.Accountancy College of Excellence 19 - Faiz Ahmed Faiz Road, Sector: H-8/4, Islamabad. + 92 - 51 - 4437898 + 92 - 51 - 4435230 ....... 4.Beaconhouse Business School Nadia Emad Masud (Course Consultant) 13T/13U, F-7 Markaz, College Road, Islamabad. Phone: 92-51-111-100-123 Fax: 92-51-265-0041 www.beaconhousebusinessschool.edu.pk

ACCA COMPLETE TEXT

http://kaplan-publishing.kaplan.co.uk/study-materials/study-text/Pages/acca.aspx

ACCA F8(AUDIT AND ASSURANCE)

Analytical Procedures - New chapters added in our FREE ACCA F8 Study Notes updated for 2012 examinations.
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Also send in your feedback to make these notes even better! To access FREE ACCA F8 Study Notes visit:
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FREE ACCA F8 Study Notes | Free accountancy resources | Video Lectures | Online Forums | Notes | Pas

TRIAL BALANCE NOT EFFECTED

A trial balance will fail to agree, if...
1:: A SALES INVOICE IS OMITTED FROM THE SALES DAY BOOK ?
2 :: A SALES INVOICE FOR $ 415 IS ENTERED IN THE SALES DAY BOOK AS $ 451 ?
3 :: A SALES INVOICE FOR $ 600 ENTERED IN THE SALES DAY BOOK HAS NOT BEEN INCLUDED IN THE MONTHLY TOTAL ?
4 :: A CREDIT NOTE HAS BEEN ENTERED IN THE SALES DAY BOOK ?

GLOBEL ECONOMIC CONDITIONS SURVEY REPORT 2010

Compared to previous surveys, the medium-term outlook for government spending has become more conservative: expectations of fiscal expansion are becoming more moderate while predictions of fiscal tightening are becoming more extreme. Overall, in light of a weakening economic recovery, accountants are finding it increasingly likely that their governments will spend less than they ideally should over the next five years, although the share of respondents that expect a dangerous contraction in government spending (7%) is marginally lower than it was last year (8%).2 In fact, an increasing number of professionals (35%) expect that their national governments will maintain spending at the right level, up marginally from last year (Q3 2009: 31%; Q4 2009: 34%).
Of course, as Fig. 3 shows, these results are heavily influenced by developments in Europe and, to a lesser extent, the Americas. In Africa and Asia, the outlook for fiscal policy is strongly expansionary. However, although members in the Asia-Pacific region are largely confident that their governments can afford this level of spending, those in South Asia and Africa believe that fiscal policy over the next five years will be more of a balancing act. Fig 4 summarises the extent of fiscal policy challenges by region.
Because of the fiscal situation in Western Europe and elsewhere, accountants do not appear to be blaming national governments for the overall deterioration in the economic outlook. Globally, ratings of government interventions continued to improve in the latest quarter, despite a scaling back of support for businesses and investment, with the government rating index rising to its highest level yet. Although a third (33%) of respondents still rate government interventions negatively, this is an improvement from the previous quarter when 38% did so.

IS ACCA IS CAPTURING THE MARKET OF CA IN PAKISTAN

ITS a FACT that ACCA is Capturing Market. They try for Job & Join Job with a less Salary so that's why people recruits them as these are also Chartered Accountants .

But let me tell one thing that CA has its individually Importance which have no answer in Pakistan as due to Standard of I CAP

THANKS

ACCA salary

starting salaries are 35,000 to 50,000 per month in pakistan.And there is no differance in ACCA,CA and ACMA.In one company it is evedent that an ACCA is earning higher then a CA.

One correction their that trainees are not eligibal for salary because they are not emplyees of that company what ever they earn from their firm called STEPIND and the stepind will depand upon you company your experiance and your skills from 3000 to 12000 per month

FREE ACCA study tip

Book value

 

In financial or accounting terms book value is the value at which an asset is shown in the balance sheet, which is generally at its historical cost less accumulated depreciation.  Book value therefore means that an asset’s value to the business is measured in terms of what it cost to acquire, i.e. its historic value, less an allowance for depreciation, rather than its current value.

 

 

Market value

 

The market value is the value or price for which a share currently trades in the marketplace, usually determined by the interaction of supply and demand for the share. Because the market value is based on the dynamics of supply and demand, which is often the result of speculative motives or sentiment, if often does not indicate the ‘true, or real’ value of the share in the company.

 

 

Intrinsic (or economic) value

                  

This value is considered to be the ‘real’ value of a share, and is equivalent to the present value of all the asset's expected future cash flows discounted at the investor’s appropriate risk-adjusted required rate of return. Intrinsic value represents an individual investor's own personal perception or interpretation of an asset's value. Intrinsic value may or may not equal market value, although in an efficient market they should be equal.

 

It is very useful to calculate the intrinsic value of a share because this would indicate whether the market price is currently under or over valued.

 

Intrinsic value can be calculated by using the famous CAPM (Capital Asset Pricing Model) which is examined in both ACCA Paper P4 and ACCA Paper F9.

 

         

Liquidation value

                  

This is the price an individual asset would fetch if the business discontinued its operations and all its assets were sold. The liquidation value of an asset is likely to be less than its book, market or intrinsic value.

 

The knowledge contained this ACCA study tip examinable in the ACCA Paper F9 and ACCA Paper P4.  For more help, see what ACCA study guides TonySurridge.co.uk has to offer.

ACCA and CA

ACCA is Associate Certified Chartered Accountant. It is easier to do ACCA then CA. ACCA was basically introduced because CA exams were considered too tough. ACCA can be completed in 4 years time, (If u pass ur exams in single go) and CA depends upon 5 to 7 years.
No u can't do ACCA after O levels. U need to do A levels first.
Well there is very less scope of ACCA in pakistan but if u go abroad then there is a good market value for ACCA.

ACCA articleship

1. Ford Rhodes takes up students who have cleared upto part 2 although previously they were taking in people who had cleared upto 2.3. I think the same is the case with Taseer. Ferguson on the other hand only takes students who have attempted core and are waiting for the result.
2. The minimum time for completing acca is 2 years (not 3 pracs!). An average student should be able to complete it in 3 years or even less if he takes the initiative of taking up more papers each attempt. Most of my friends regretted taking up fewer papers in the previous attempt.
3. To my knowledge the best value of acca part one cleared is at PSO which pays a stipend of Rs 5000 if you have cleared part 1. The stipend increases by Rs 500 for each paper cleared. Moreover you get half your exam fee refunded if you clear a paper in the first attempt.