Friday, June 26, 2009

The ACCA-WWF Pakistan Environmental Reporting Awards

Welcome to the ACCA-WWF Pakistan Environmental Reporting Awards. The Awards are a major public-interest initiative taken by ACCA and WWF Pakistan, to support and promote best practice in Environmental and sustainability reporting in the country. The aims of the Awards are:

  • to recognise organisations which disclose information about the environmental and social impacts of their activity
  • to raise awareness of corporate transparency issues
  • to encourage the uptake of environmental and sustainability reporting

Taking part

The call for entries to the ACCA-WWF Pakistan Environmental Reporting Awards is now open. Please visit the 2008 Awards page for details.

Further information

If you have any questions about the ACCA-WWF Pakistan Environmental Reporting Awards, please contact:

Dr. Afra Sajjad
Head of Education & Policy Development
ACCA PAkistan
61-C, Main Gulberg
tel: +92 (0)42 111 22 22 75
fax: +92 (0)42 575 9346

ICMA, CIMA & ACCA Trainees Required (Karachi)

Industry: Finance and Accounts
Location: Karachi, Pakistan

BCOM, ICMA, CIMA & ACCA trainees required by a chartered accountant firm for Accounting & bookkeeping assignments.

Stipend starting from Rs. 2,000/= per month.

Minimum commitment required is 2 years.

Monday, June 22, 2009

ACCA Insider

A Perfect Storm for Consumer Financing?
You don't need us to tell you that consumer financing is in freefall. More major players in direct HVAC financing are pulling out of the market, or tightening their requirements substantially. Now a major piece of credit card "reform" legislation looks like it may make it even harder for consumers to access credit lines to replace their HVAC equipment.

On the one hand, replacement of inefficient HVAC systems is the best way to lower our nation's energy use and dependence. On the other hand, if people can't access credit to make the purchase, then many of them won't make it.

Some supporters of financing "reform" openly admit that their goal is to change America's consumer culture and get more people to save rather than spend. But many of these same supporters are just as forceful in their desire to improve energy efficiency and the environment. Installing better HVAC systems is the best way to do this, but without financing, it's not going to happen.

ACCA Chairman Stan Johnson is looking to call together a top-level summit of HVACR industry leaders from across all sectors to talk about financing and what, if anything, we can do as an industry. But we need to hear from you -- we need your stories and facts on how the current financing environment is affecting your business.

Are you having to turn customers away because of financing problems, and thus leaving in place inefficient systems? (If the answer is "no" then we still need to hear from you!) Have you had any success working with local banks on financing? Are you pursuing or implementing any innovative arrangements, or do you have any other ideas or insight on how to approach this problem?

Send your stories and comments on financing to with the subject line "Financing" or just reply to this Insider email. Your thoughts are needed as we grapple with this vexing, economy-wide issue. We will also share stories and ideas in a special issue of the Insider.