Release date: 2010-02-11

Association of Chartered Certified Accountants Pakistan Launches SME Survival Kit

(PRZOOM - Press & Newswire) —  London, United Kingdom, 2010-02-11 - Acknowledging the enormous contribution of the SME sector to the economic growth, the SME agenda is at the heart of ACCA’s (Association Of Chartered Certified Accountants) activities


ACCA Pakistan, in partnership with stakeholders like Small and Medium Enterprise Development Authority (SMEDA) and local chambers, has been focusing on enhancing accounting, bookkeeping and taxation skills and knowledge of SME owner managers.

The ACCA Pakistan SME sub-committee has commissioned an SME Survival Kit that aims to provide practical guidance to SMEs on managing challenges like access to finance, succession planning and maintaining reliable and relevant accounting records.

To formally launch the SME Survival Kit and deliberate over challenges common to SMEs, ACCA Pakistan is organising a debate “SME Survival Kit: Supporting Enterprise Growth” at the Pearl Continental Hotel Lahore on 18 February 2010 at 1,500 hours.

The panellists include Mr Syed Salim Raza, Governor, State Bank of Pakistan, Mr Shahid Rashid, Chief Executive Officer, SMEDA, Mr Zafar Iqbal Chaudhry, President Lahore Chamber of Commerce, Dr Afra Sajjad, Head of Education and Policy Development, ACCA Pakistan and Mr Hamid Ikram, Chairman ACCA Pakistan SME sub-committee.

The debate will feature top management executives from banking and business community to share their views and reflections on the topic under discussion.

Notes to Editors

1. ACCA is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. We have 362,000 students and 131,500 members in 170 countries worldwide. ACCA Ireland has 12,000 students and affiliates and 8,000 members.

2. ACCA has worked with governments, national organisations and development agencies in emerging economies for over 20 years promoting the accounting profession, to create value for the communities, businesses and individuals it serves.

3. ACCA believes that globalisation of business means that one set of reporting standards is essential. We favour the principles-based IFRS.

4. ACCA understands the real issues facing small businesses as 63,000 of our members work in SMEs or small partnerships worldwide.


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