KARACHI: Mohammad Ishaq Dar FCA, the Federal Minister for Finance, Revenue, Economic Affairs, Statistics & Privatization of Pakistan, visited his parent institute the Institute of Chartered Accountants of Pakistan ICAP as the Chief Guest on Wednesday.
He interacted with the Outgoing and incoming Council Members and media. In his address, he highlighted the consistent role that ICAP has been playing for the development of the profession since its inception. He reiterated the stance of the Government in implementing good governance with focus on transparency for public interest and revitalizing the economic structure of the Country and singled out the vital role that Chartered Accountants can play in improving the performance of public sector.
He called for increased collaborative measures between the Institute and the government and commended the recent MoU of ICAP with the Department of Auditor General of Pakistan AGP and Controller General of Accounts CGA for the capacity building of the staff of the AGP and CGA.
During his speech he highlighted that in order to bring financial stability for Pakistan, developing a stronger trust bond with the public is crucial. He singled out the amount of Public trust in the Institute and its professionals and accredited it to the unwavering professional competence of its members and the strong adherence to the principles of ethics and integrity. He urged active involvement of Chartered Accountants in the public sector so that more effective transparent system for providing relief and facilitate the public can be put in place.
President ICAP, Ahmad Saeed speaking on the occasion thanked the Minister for gracing the occasion. In his presentation, the President shared the initiatives taken by the Institute to add value and develop the profession. He highlighted the new initiatives taken by ICAP relating to the education reforms and various other projects such as Directors Training Program. Mr. Ahmed Saeed also spoke of the areas of ICAP and government collaboration, he also conveyed the desire of the Institute to support the government in its Public Sector Reforms.
At the end of the ceremony, the President ICAP presented memento to the Chief Guest Mr. Mohammad Ishaq Dar as a token of recognition.