The Institute of Chartered Accountants of Pakistan (ICAP) held a National Finance Olympiad, which reached its Grand Finale in the middle of this week. The event, in collaboration with Unilever Pakistan and assisted by the ICAP's Professional Accountants in Business (PAIB) Committee, was attended by the top management of national and multinational organizations.
The top six qualifying teams which competed against each other included Engro Fertilizers Limited, EY Ford Rhodes, Grant Thornton Anjum Rahman, Haleeb Foods Limited, Linde Pakistan and Midas Safety Pakistan. In his opening remarks, Khalilullah Sheikh, chairman of the PAIB committee and council member of the ICAP, discussed the concepts and objectives of Pakistan's first-ever finance competition.
He said that the main purpose of the event was to engage those dealing with finance in their professional development in a unique way, place them against each other in a healthy competition and encourage them to discover their potentials, exhibit their talents and celebrate their competence in a befitting manner.
Shakaib Arif, another member of the PAIB committee, briefed the audience about the newly introduced Simulation Round in the NFO 2017. The competition kicked off with a quick introduction of the teams, followed by a Debate. The Olympiad is a unique initiative of the ICAP, providing a distinctive platform to finance professionals working in industry and firms to come together and compete, and celebrate their competence.