A special ceremony was held in connection with the death anniversary of Ishfaq Ahmed, who was the founder of the Professionals’ Academy of Commerce (PAC) in 1988, the other day (July 4) at the auditorium of Ali Institute Lahore. A large number of renowned accountancy professionals, ICAP members and the PAC students attended the memorial. Jafar Husain, the PAC principal, presented the annual performance report of the institute. He also distributed awards, certificates of merit and shields among the position holders in different subjects.