Staff Reporter
Karachi
The Institute of Chartered Accountants of Pakistan (ICAP), in collaboration with Unilever Pakistan, organized National Finance Olympiad 2020, the Grand Finale of which was held at a local hotel in Karachi.
Mr.Iftikhar Taj, President, ICAP congratulated ICAP and Unilever Pakistan team for conducting NFO for the 6th consecutive year. He stated, “The competition benchmark is increasing every year and it is a proud moment for ICAP.
Chartered Accountants play an important role in the economy and finance of the country, and ICAP as a national institute should facilitate the professional development of its Members through such programs and initiatives.
”He further added, “Chartered Accountants are not limited to accounting and finance but also require other competencies to function effectively in an organization. ICAP has developed a new education scheme aimed to improve the technical knowledge as well as competencies of chartered accountants in Technology, Finance, Economy.
Chartered Accountants are no longer only accountants, they are the value creators who can play an important role in the development of Pakistan”.
The National Finance Olympiad 2020 started with registrations of 36 teams from renowned organizations across Pakistan. After a 2-hour intense MCQ-based examination held online on December 15, top 18 teams qualified for the Assessment & Simulation Round.
The Qualifying teams then went through online case study simulation and a role play activity held in collaboration with Learning Partner, Karachi School of Business and Leadership (KSBL).Top 6 finalist teams from this Round advanced to compete in the Grand Finale.
