Finance Minister Senator Mohammad Ishaq Dar Wednesday said developing a stronger trust bond with the public is crucial for bringing financial stability in the country.
This Dar stated during a visit to his parent institute, Institute of Chartered Accountants of Pakistan (ICAP) as a chief guest. He interacted with the outgoing and incoming council members and media.
In his address, he highlighted the consistent role that ICAP has been playing for the development of the profession since its inception.
He reiterated the stance of the government in implementing good governance with focus on transparency for public interest and revitalizing the economic structure of the country and singled out the vital role that the chartered accountants can play in improving the performance of public sector.
He called for increased collaborative measures between the Institute and the government and commended the recent MoU of ICAP with the Department of Auditor General of Pakistan (AGP) and Controller General of Accounts (CGA) for the capacity building of the staff of the AGP and CGA. He singled out the amount of public trust in the institute and its professionals and accredited it to the unwavering professional competence of its members and the strong adherence to the principles of ethics and integrity. He urged active involvement of chartered accountants in the public sector so that more effective transparent system for providing relief and facilitate the public can be put in place.
President ICAP Ahmad Saeed, speaking on the occasion, shared the initiatives taken by the institute to add value and develop the profession. He highlighted the new initiatives taken by ICAP relating to the education reforms and various other projects such as Directors Training Program.
Saeed also spoke of the areas of ICAP and government collaboration, he also conveyed the desire of the Institute to support the government in its Public Sector Reforms.