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Showing posts with the label IAS

Financial & Non -Financial Benefits from the Membership of Chamber of Commerce & Industry.

We know every business firm , commerce department, trading venture, and industrial unit always needs, Visibility to stand out and get noticed as an active participant in the society. The eventually prefer to avail growth opportunities through the provision of quality training and educational activities and through different events. They require Credibility through their production activities and services provision, which helps them in building a reputation. The holder of this membership can enjoy and avail members of member discounts to improve their purchasing power and all other offers and benefits as offered from time to time. That also helps them to build their communityNetwork and to make them socially powerful and these professional relationship helping them to get a plate forum that advocates on their behalf. This all means all industrialist, businessmen, and corporate identity holder (Only Owners of the Corporates or in some cases their partners and directors)   must ...

Finding Great Job in COVID19 Downturn

As Secretary-General with Chamber of  Commerce and Industry , on a daily basis, I am receiving phone calls and meeting many peoples from different backgrounds according to their skills and expertise in different industries. Federal and Provincial Governments announced their budget and the present slowdown economy affected the National GDP and economy very badly. According to the publicly announced budget and data from the Planning Commission of Pakistan and the Ministry of Commerce the reported growth rate in the industrial manufacturing sector 0.3. That is too much panic and the mentioned statistics badly affected the national growth. The impact on the services sector is too much high and almost many people, ex-colleagues, friends and family members in social circle lost their jobs or in some cases, they were not paid by their employer since last two months in many cases employer deducted the huge portion from the percentage of their salaries. We all are observing the sa...

Career as Financial Analyst

The blog is specifically for those, graduates who are willing to start their career as financial analyst . We all knows finance is a very lucrative industry and the associated professional with this industry are earning big bucks annually and enjoying very respectable positions as Financial Analyst in the industry and serving on the relevant key different positons in corporate businesses. According to the CFI TM   and published Salary Guide at their website, If one recently completed your certification or degree you can earn initially $70,000/-. Here are six different steps which helps us to start our career as Financial Analyst. The Steps are as follows; 1.     Professional Networking Skills. 2.     Participate in the Industry Events. 3.     Creatively Write Blogs about Finance. 4.     Academic Education needs Professional Experience. 5.     Perfection Require in Financial Ratios Analysis. 6.  ...

ACCOUNTING CYCLE

Accounting Cycle:                 Accounting is the field of study which tells us about how to collect the economic figures, evaluate and analyze them and  record them  in a very respectable and professional way to present to the business stakeholders and helps them to collect the required information from the pool of business transactions. That is an art and we also knows it with the name of book keeping. As I write in the above paragraph accounting of business financial transactions is an art of collection, evaluation, analyzing, recording and presenting to the business management and stakeholders. That complete process is based on some steps of activates which are commonly known as accounting cycle. That Accounting Cycle is consist of 7 different steps  which are Source Data, Journal, Ledger, Trial Balance, Adjustment, Closing Accountings and Stock Valuation and Preparation of Fina...

Financial Measures:

Financial Measures:                 Financial Measures means the measurement of the financial performance of the business and its projects. Performance measures can be defined, to check and measure the efficiency of a business investment which is invested or capitalized in a business project and through this investment they want to measure the business financial performances .                 There are many financial performance measurement tools or ratios which helps the business to check and measure the business performance and its financial growth. We have many examples to check out the financial performance and investment outcomes, like ROI –Return on Investment which helps us to measure the total return over investment. The formula which is used for ROI is Net Income of that period divided by the Average total ...

Possible mistakes in Virtual business hiring:

Possible mistakes in Virtual business hiring:                 Information technology and online communication change the world. Now the virtual business market has a very big impact on changing the economic systems of the world. But there are many problems which demand solutions form us regarding the virtual business communication. Yes, I am talking about the mistakes which we face in our everyday life during the hiring of staff through virtual technologies. We need their solutions and we need to reduce their impact on economics and business job market.  There are some common problems which are mostly faced by the business persons during hiring the staff for virtual operations at different locations. These problems are related to operations progress developments, locations, daily updates, communication and information sharing through virtual means, Staff abilities and expertise level issues...