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Understanding of numbers is imperative in today’s highly competitive business world. It is considered as a business language and a basis for business decision making. Accounting is the vehicle that helps the management in planning and controlling the resources of the business. The more important decision, the more need for relevant information. There are financial implications for each decision a manager takes, and even in decision requiring qualitative aspects.
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This program is designed for operating managers responsible for functional areas such marketing, production and human resources.This workshop provides requisite basic concepts of finance & accounting, including terminology and assumptions, valuation, financial statements, identify trends, and study competitors and thus become strategic users of accounting and financial data. The workshop will also encourage participants to do analysis of financial data themselves and know how to drift financial data from corporate reports
For Public Sector Companies : SECP issued the Public-Sector Companies (Corporate Governance) Rules in 2013 vide SRO 180. These rules apply to Public Sector Companies in Pakistan. As per Rule 13(3) all Public-Sector Companies are compulsorily required arrange at least one orientation program annually for their Directors (Executive, Non-Executives and Independent Directors) to acquaint the Board members with the wider scope of responsibilities concerning use of resources, to act in good faith and in the best interest of the Compan
To make aware Business Professional about legal requirements relating to Corporate Reporting and Financial Reporting and key features of the Code of Corporate Governance including Composition of Board of Directors and Board’s Responsibilities .
Corporate governance is the system by which a company is directed and controlled. It essentially involves balancing the interests of a company’s many stakeholders, such as shareholders, management, customers, suppliers, financiers, government and the community. Boards of directors’ role is to oversee the management and governance of the Company and to monitor senior management’s performance and it is to be distinguished from day to day operational management of the company . The shareholders’ role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate structure is in place