Accountancy & Financial matters Management blogs

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...

Financial Management in Dynamic Business Cultural: Everyone knows that cultural is the name of change and the culture is not always being same its changes with the passage of time and the word Dynamic means the motive to change. If we put this all in the Business Cultural we can say that every business culture is not same it changes with the passage of time. The Dynamic Business Cultural is cultural which gives motivation to the business key stakeholders to move towards their goals and targets in a motivated fast way. Financial Management is the key part of a business organization. The Financial management team responsible to make the decisions about future business investment. They are also working as goalkeepers for the business to rescue the business capital and all the investment in other projects. Now the business market is too much dynamic and that affects the working roles of every business department. We have many examples in our surrounding which shows that th...