PAKISTAN’S BANKING BOOM MEANS ACCOUNTANTS HAVE GROWING ROLE TO PLAY IN KEEPING GROWTH ON TRACK

A CLEAR sign of sustainable development in any country is a switch away from cash and towards formal banking – it is a sign that companies and employees expect their earnings to continue, and that they are prepared to pay tax. Of course, for accountants such a change is good news indeed, and as a result the accounting profession in Pakistan is looking for growth. For senior bankers in this south Asian country foresee a very positive outlook amid a phenomenal year-on-year overall growth in business of 16% during the country’s last fiscal year (July 1, 2015, ...


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