Entries by UCO

Hina Usmani represents Pakistan at NSS Forum in Sydney at WCOA 2018

During the World Congress of Accountants in Sydney held in November 2018, Hina Usmani, Council Member ICAP represented on behalf of Auditing Standards and Ethics Committee of ICAP in the National Standard Setters (NSS) Forum Meeting on an invitation from the Australian Auditing and Assurance Board. The participants were present from many jurisdictions including Senior […]

LUMS Internship program – 2018

The closing ceremony of LUMS Internship Program 2018 was held at UCO office in Karachi on 3rd August, 2018 The aim of this internship program was to provide high-quality internship experience for BSc Accounting & Finance students in Professional Services.

Importance of women entrepreneurs

The role of women has evolved over the years in the society. From joining the corporate as well as the government sector and holding key positions, there is no field as such in which the women counterparts have not proved. Same is the case as to being entrepreneurs, which comes with a lot of challenges […]

Women on Board

“When women participate in the economy everyone benefits” (Hillary Clinton) Those who favor diversity perceive that women recruitment on board is a “strategic necessity”. Women can make specific contribution to an organization. A multilevel analysis of a large US dataset shows that there is indeed a large and robust difference between male and female personalities. […]

Best way to implement Corporate Governance at a Small Business

Good governance is important for long-term stability, sustainable growth and efficiency of operations of the organization. In the absence of, or with poor governance, an organization is destined to experience frauds, unexpected highs and lows in business volume and profitability and eventually business failure. This primary objective of sustainable growth cannot be achieved unless the […]

Budgeting: What is it and Why is it Important

As per Wikipedia, budget (derived from the French word bougette, meaning purse) is a quantified financial plan for a forthcoming accounting period. The process of arriving at this plan is called Budgeting. Simply put, budgeting is making estimates of one’s future inflows and outflows for a specific period of time and ensuring the availability of […]