Realizing their responsibilities, both the professional accounting bodies have created a healthy competition among companies with regard to financial disclosures; regulatory compliance and adherence to global accounting standards. The companies reporting maximum disclosures, adherence to regulatory requirements and degree of compliance to global requirements are awarded after a comprehensive and critical review by the Joint Committee of ICAP and ICMA Pakistan.
The changing global scenario with specific reference to good governance, transparency, adherence to various regulations and laws centric to these two factors are getting momentum with every passing day. Hence, conferment of these awards is not only a matter of pride for the participating companies but are also certifications of their being compliant to local regulations and International Accounting Standards. The years long legacy of these awarding ceremonies has taken a status of touchstone.
Immensity of participating contestant in the race of awards year over year has been cause of promotion of responsible reporting culture and that of keeping pace with international best practice of standard reporting. It is worth noting that the most complying and elaborating reports play crucial role in trust building and decision making for all stakeholders like regulators, lending agencies, financial institutions and equity holders.
On behalf of ICMA Pakistan, I thank all of participating companies for taking part in BCSRA Awards 2018. All my sincere thanks are extended to members of Joint Committee of ICAP and ICMA Pakistan for their worthy and dedicated cooperation not only for making this event possible but for strengthening our determination to continue this legacy. I wish ICMA Pakistan and CA Pakistan a future full of continued success in all professional pursuits.
Joint Committee of ICAP and ICMA Pakistan
Mr. Shehzad Ahmed Malik, Chairman
Mr. Muhammad Yasin, FCMA
Mr. Ashfaq Tola, FCA
Mr. Abid Lateef Lodhi, FCMA
Mr. Abdul Rahim Suriya, FCA
Mr. Ather Saleem Ch., FCMA
Mr. Irfan Amanullah, FCA
Mr. Ahsan Elahi Vohra, FCA