'SBS AIMS TO PROMOTE ACCOUNTANCY EDUCATION IN PAKISTAN'
An interview with Musharraf Z. Khan, Executive Director SBS
KHALIL AHMED, Senior Correspondent
Feb 05 - 11, 2007
Executive Director of SBS Musharraf Z. Khan was approached by PAGE for an interview. His views about accountancy education in Pakistan are as under:
Concept of accountancy colleges in Pakistan is fairly new. For more than four decades accountancy education was imparted under the banner of Commerce (I.Com / B.Com). During this period professional accountancy bodies conducted the examinations with very limited classroom coaching. Accountancy colleges emerged in Pakistan during 1990s when the Institute of Chartered Accountants of Pakistan started a full time Foundation Course, which was followed by the introduction of UK-based Professional Accountancy Programme called ACCA.
School of Business Studies (SBS) is one of the pioneers in terms of launching CA and ACCA courses in Karachi with a unique feature of its own publishing house. SBS was established in 1995 by a team of chartered accountants and educators. I am the Executive Director of SBS and I am also a Fellow Member of the Institute of Chartered Accountants of Pakistan and an Alumni of University of California, Los Angeles. I have over 36 years of experience working with various national and multinational organizations in Pakistan, Middle East and USA.
SBS has played a vital role in promoting accountancy education in Pakistan. It has shown an unmatchable growth from 41 students in 1995 to 1200 students in 2006. SBS has taken the initiative to introduce study packs for CA students in Pakistan. During the last 12 years, over 7,000 students joined SBS in different professional courses and all the former students of SBS are working with various national and multinational organizations in Pakistan, Middle East, Europe, North America and Australia.
SBS has state-of-the-art campus in the prestigious area of Clifton and has highly qualified faculty member which has resulted in tremendous growth and popularity of accountancy programmes in Pakistan. Key to success of SBS is the personalized attention to each student, 'student-friendly' environment and placement with leading organizations in Pakistan and overseas.
SBS is playing a leading role in imparting professional accountancy education and carrying out research to develop new publications. SBS plans to enhance its capacity and facilities to accommodate 2,000 students by the year 2008 to meet the growing demand of professionals in Pakistan, Middle East, Europe and North America. Presently Pakistani chartered accountants are working in 37 countries across the globe.
Mr. Graham Ward, President International Federation of Accountants (IFAC), also praised Pakistani chartered accountants, saying that their quality is much superior than the Indian chartered accountants.
SBS will continue to play its role in producing quality professionals who can meet the challenges of global competition, Musharraf Z. Khan concluded.