gca annual report - · pdf filewith the defined learning objectives of new scheme syllabus....

1 Introduction: | GCA Consultants – Annual Report 2015

Career & Professional Education Consultants 2015

GCA Consultants December 31st, 2015

Annual Report 2015

This annual report encompasses complete narrative details about the activities undertaken by

us during the year towards the achievement of our goals and objectives.

Purpose of this report is to let our members and general public know about activities

undertaken and provide suggestions and feedback to us for improvements. You can provide

suggestions and feedback at: [email protected]

This report can also be accessed on our website www.gcaofficial.org



Contents:

Introduction: ........................................................................................................................................... 3

Scope of Our Activities: ........................................................................................................................... 3

GCA Organogram: ................................................................................................................................... 4

GCA Reports Sent To ICAP ...................................................................................................................... 5

ICAP Students’ Survey Report ............................................................................................................... 6

Updated ICAP Study Material ............................................................................................................... 29

Result Analysis Updates ........................................................................................................................ 30

Spring – 2015 Attempt .......................................................................................................................... 30

Autumn – 2015 Attempt ....................................................................................................................... 33

June – 2015 Attempt ............................................................................................................................. 35

GCA New Year Celebrations - 2015: ...................................................................................................... 37

GCA Collaboration with CASA - South: .................................................................................................. 40

GCA Whatsapp Group: .......................................................................................................................... 42

GCA Past Paper Analysis: ...................................................................................................................... 43

GCA Mock Exam Database: ................................................................................................................... 43

GCA Logo History: ................................................................................................................................. 44

GCA Group History: ............................................................................................................................... 45

Re-designing of GCA website: ............................................................................................................... 46

GCA Daily Email Alerts: ......................................................................................................................... 46

GCA Daily SMS Updates: ....................................................................................................................... 47

GCA Wild Arts: ...................................................................................................................................... 47

GCA New Admin: .................................................................................................................................. 49

Feedback and Suggestions: ................................................................................................................... 51



Introduction:

GCA (Global Chartered Accountants) is a non-government/non-profit organization working for the

development of professional accountancy and members/students of such professional bodies. We

work to provide career counseling, guidelines and other stuff to assist in making a well-established

career in professional accountancy professions. Our members are social workers from all the corners

of world, ready to assist all to their best.

Scope of Our Activities:

� Provision of useful study material and guidelines to students.

� Guidelines about firms’ induction process, interview preparation and skills development.

� Complete and relevant information about different accountancy bodies.

� Sharing updates from the word of accountancy.

� Sharing latest relevant job vacancies.

� Efforts to become a bridge between students and professional bodies.

� Provision of the largest discussion forum to students and members for professional discussions.

� Arranging revision classes for the students of CA Inter & CA Final by the competent teachers

from all over the country.

4 GCA Organogram: | GCA Consultants – Annual Report 2015


GCA Organogram:

CEO's Message:

In a very short time GCA has become the most popular professional forum on social media as we provide:

� Complete Study Material of major qualifications

� Study, exam and career counseling

� Complete guidance in firms' induction process

� Largest discussion forum

� Immediate and earliest news of latest happenings in accountancy world

We always respond to new trends in professional world. People now wish to share their views, problems and

confessions with people at large. We provide you the solution. Share your problems, needs and confession

with us at [email protected] and we'll share with people.

Also send us all the useful content you have at [email protected] and we'll add to our web with your

name (if you intend).

5 | GCA Consultants – Annual Report 2015


GCA Reports Sent To ICAP

6 ICAP Students’ Survey Report | GCA Consultants – Annual Report 2015


ICAP Students’ Survey Report

Introduction:

GCA is a non-government/non-profit organization working for the development of professional

accountancy and members/students of such professional bodies. We work to provide career counseling,

guidelines and other stuff to assist in making a well-established career in professional accountancy

professions. Our members are social workers from all the corners of world, ready to assist all to their

best.

The aim of this report is to highlight the prevalent issues facing C.A. students and trainees towards

accomplishment of their professional objectives. Through this detailed report, GCA primarily aimed at

communicating students’ concerns to ICAP to sort out difficulties facing students.

For preparing this report, we conducted a survey through our GCA Network in the form of a

questionnaire (http://www.gcaofficial.org/icap-student-survey.html). Around 320+ students’

participated in this survey. A consolidated report presented below:

CONSOLIDATED SUGGESTIONS

Majority of the students opined that ICAP students, being provisional Chartered Accountants, are the

biggest stakeholders in the Institute and they have the right to know all the details about the decisions

taken by the Institute Council. Students’ feedback on the survey conducted by us is as follows:



Quality of education provided by RAETS

Majority of the students responded that they are getting very good quality at RAET. It is to be kept in

mind that majority of our students are from Lahore and Karachi region and they are no doubt getting

very good quality of education due to availability of best faculty in such areas. There are many neglected

areas like Islamabad, Quetta, Multan, Sailkot, Faisalabad and Peshawar etc where students are badly

suffering due to dearth of quality faculty for ICAP studies. In the light of new CA scheme, it was expected

that QCRs for RAETs will be started to ensure quality education. No such steps have been observed yet

by any student.

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Excellent Good Average Unsatisfactory



Quality of ICAP Study Packs

Majority of the teachers who are teaching at ICAP approved RAETS and other colleges are constantly

highlighting the need for quality and error free ICAP study texts since this is the sole source for students

to prepare for their demanding ICAP examinations and the accredited source for the examiner to follow

while setting ICAP papers.

Majority of the respondents said that study text needs significant improvements by ICAP to bring in line

with the defined learning objectives of new scheme syllabus.

Additionally, ICAP gave detailed guideline on each syllabus but unfortunately it is not followed while

setting papers resulting in out of syllabus topics being tested, which significantly disturbs the students.

For the last two attempts, ICAP gave detailed study guidelines but examiner didn’t consider it while

setting papers.

There is significant room for improvement in ICAP study texts where some important topics (e.g. in

auditing) are not explained in sufficient details and questions are expected to be in details. This leaves

the students in suspense that how they can determine the extent of testing level by ICAP.

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Good Average Need Improvements



ICAP study texts should be designed in such a way that the students can meet the difficulty level of the

examinations. The examples given in ICAP study texts are peanuts as compare to the questions tested in

exams. The difficulty level in exam hall environment is far more significant compare to study text level.

ICAP question bank is not much resourceful in this regard. ICAP should publish the past papers of last 10

years only with a reference to the topic and a suggested solution in a booklet form. There is surely a

need to bridge this gap to facilitate the students.



Quality of Training Provided in CA Firms

Students believe that a moderate level of training quality exists in CA firms in Pakistan. There exists a

training regulation to regulate the training process of trainees’ buts its complete and accurate

implementation is in doubt.

Participants believe that there exists a need for proper review and monitoring of implementation of

training regulations by ICAP for firms to determine the quality of training being provided to the students.

Just making regulations and not monitoring their compliance creates genuine problems that might not

be brought to the notice of ICAP since the whole training regulations revolve around Member

Responsible for Training (MRTs) which make such MRTs much powerful. ICAP should ensure proper

compliance of training regulations to improve the training quality in firm’s particularly small firms.

A number of participants in the survey commented that not all the students are recruited in quality

firms which is an overall disadvantage to students and even those who are inducted in reputable firms

are not provided with quality training. For example in most of the cases trainees are restricted to one

department which is straight violation of training regulations. ICAP regulations requires 40% of article

time period to be spent in audit and assurance work but MRTs are reluctant to move students after

completion of 40% time period to other departments like tax and advisory.

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High Moderate Low Below Accepted



Additionally, there is no planning and control over proper training of students which is a major black

mark on those entering in industry with the limited knowledge of audit and assurance only. This is why

almost all employers demand post qualification experience to fill the gap. Students hardly get a chance

to do practice regarding management accounting and financial management areas in article period as

they are not given such opportunity to experience. Fresh qualified Chartered Accountants are not

eligible for a finance manager post until they get post qualification experience.



Satisfaction with ICAP Training Regulations

Majority students were not satisfied with the ICAP training regulations since the regulations don’t favor

trainees rater they contain many provisions which can be used to exploit trainees by MRTs.

Some participants commented that ICAP is improving its education structure in the light of ACCA/ICAEW

schemes so they should also allow the students to get training from open industry (industry articles) and

there should be no concept of No Objection Certificate (NOC). If this NOC thing is removed and trainees

are free to move (without any issue on part of career) between different firms and industries during

their articles, it will increase their chances of learning more and will also create opportunities for fresh

students.

Another issue highlighted by students is that the person who has strong references get induction easily

despite his/her more attempts and a student with less attempt cannot get induction without any

reference in most of the cases.

Few students commented that almost every firm conducts course related tests and interviews which is a

question mark on ICAP examination system.

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A student commented on a burning issue for those candidates who join articles on two year graduation

basis that currently any students registered on two year graduation basis have to complete articles of

four years in which they have to work 6900 hours and are allowed 180 leaves as per ICAP training

regulations/guidelines available at ICAP website but if student or approved training organization

contacts ICAP, they inform that there are only 130 leaves for four years articles. ICAP had not issued any

circular till to date to remove this ambiguity which is affecting many students at large, medium and

small size firms.

Another student commented that ICAP should monitor the training of all trainee students in firms and

each and every trainee should be involved in all departments like taxation, corporate, audit and other

consultancy/advisory services because practice makes a man perfect & without practice the theory

learned can be washed up very quickly.



Satisfied with ICAP Transition Policy

Majority of the participant was dissatisfied with the transition policy adopted by ICAP. ICAP launched

Education Scheme – 2014 in which transition policy for existing students extend upto year 2019 which

was abruptly changed to year 2017. This sudden change shocked the students together with teachers as

this will creates many difficulties for existing students since many of the old students are not interested

in joining new scheme.

Students believe that ICAP will adopt a lenient view in this area to facilitate existing students.

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Acceptability of PCSC Course

Majority of the participants welcomed the PCSC decision by ICAP as this will enhance their non-verbal

communication abilities to a great extent. Such courses will result in improving co-ordination and

opening new opportunities for students in their future role as a qualified Chartered Accountant.

Some participants commented that introduction of PCSC course at CAF level is a welcome step but at

final level, this will create many hurdles for students. This is an established fact that most of the

chartered accountant audit firms have very strict working hours. This will be very difficult for trainee

students to do office work and studies and PCSC together. Another disturbing factor is PCSC credit hours

that can mismanage the routine work of trainee students. In view of the issues involved, PCSC course

should be removed for CA (Final)/CFAP students as it is difficult for ICAP registered trainee students to

manage time for it during their articles. A student commented that where it is not possible for trainee

students to spare time for taking classes of Financial Reporting then how they can spare time for 50

hours of PCSC.

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Satisfaction with ICAP Examination System

Majority of the students were satisfied with the Institute’s examination system however some

commented that there are any areas which need improvement in the examination system to address

students’ concerns in a genuine manner. ICAP students have narrated following issues in this

examination system in our student survey.

ICAP’s prescribed stipend is very low for students to cover their daily expenses (specially out of station

students) and to afford examination fee which is geometrically increasing at around 25% every year

whilst stipend is arithmetically increasing at low rate after two years making situation difficult for

students to meet their both end and consequently to rely on their parents for examination fees. This

negates the “Financial Independency” concept of trainees claimed by ICAP.

An ICAP student of Assessment of Fundamental Competencies (AFC) level in Peshawar region

commented that he was declared successful in spring - 2015 in three out of four attempted papers of

AFC. As per ICAP's examination progression policy, an AFC student can not appear in Certificate in

Accounting and Finance (CAF) stage unless he has completely cleared AFC. Keeping in view the student

current status, such student will have to wait for six months to appear in CAF just because of one paper

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although he had been able to clear rest of the three papers in first attempt. This proves to be a hurdle in

fulfilling student dream of clearing AFC and CAF in two years’ time.

Another suggestion was that a common suggestive letter after ICAP examination should be sent to each

unsuccessful student about the limitations that are mostly observed by them in their answer scripts.

Some students commented that restriction of giving CFAP after 1.5 years of CAF should immediately be

withdrawn in the light of ACCA/ICAEW education systems being adopted. Training should be mandatory

but should be allowed after passing papers as well.

Difficulty level of exams should be reduced in subjects like economics, mercantile law etc. Only 1 paper

in one day with at least 1 day gap in each paper is suggested by students.



Satisfaction with ICAP Paper Exemption Policy

Majority of the ICAP students are dissatisfied by ICAP policy on generously giving exemptions to

universities approved by HEC in Pakistan. A student commented that exemption given to other

universities is really unfair with ICAP students. A student opined that passing an ICAP examinations and

university (academic) examinations is very different experience.

Almost all the ICAP students are of the opinion that they could not understand why ICAP is making

Memorandum of Understanding (MOUs) with Pakistani universities whilst such universities are not

offering any cross exemptions to ICAP students as in the case of previous MOUs with LUMS & IBA. Such

acts create resentment and insecurity among ICAP students. All the students demand from ICAP that

such MOUs should be beneficial for ICAP students too. There are no reciprocal agreements done so far

to benefit ICAP students.

Furthermore, it is observed by many students that ICAP is doing MOUs with some of the universities

whose degrees are easily available without putting single effort in it. For example in the market, it is well

know that MBA in marketing and human resource or finance degree from a well-known Preston

university can be taken by sitting at home and not even appearing in the examination. If ICAP is so

willing to give exemptions to HEC approved universities, ICAP council should bear this fact in mind that

such university should be at least have some positive reputation in the market.

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More than one preparatory leave during exam days needed?

A high percentage of the students demand a preparation leave in CA exams particularly CA Final

examinations since the level of stress and time required to revise the syllabus is very high keeping in

mind the nature of the demanding examinations.

Students are of the opinion that they need a break during ICAP Final examinations. This will help

students in better preparing for qualifying their Final examinations.

Some suggested that if it is difficult for ICAP to give one leave in final examinations, we request ICAP to

at least adjust the sequence of the paper in a way that help genuine students in having proper time

management for their papers. There is a suggestion that ICAP can better conduct their examinations by

shuffling the papers in morning and evening session for both modules.

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Should coaching be governed by ICAP?

Many students believe that ICAP should provide coaching facility like ICMAP is providing to their

students. A student commented that if complete coaching is not governed by ICAP, at least specific

issues relating to subjects and topics should be resolved at ICAP centers by providing subject

specialists/professionals.

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Do you favor quarterly AFC exams?

Majority of the students suggested the idea of quarterly CBEs by ICAP since this will save lot of student

precious time.

GCA appreciates that ICAP officially announced conducting of CBEs on quarterly basis to facilitate the

students.

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Exam results should be declared at shorter time period

Result shall be announced as soon as possible so that students can focus on their next papers. Almost all

students are under extreme stress regarding their result. In our survey, majority of the students vote for

early declaration of result. It is observed by students on every result that result card contains back date

by almost five to six days. ICAP should devise ways to reduce this time more to declare results on time

within short period.

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Would You Prefer ICAP Study Texts for CFAP Exams?

Majority of the students opined that they are anxiously waiting for CFAP study texts for better exam

preparation. It is confirmed by many students regarding CFAP study text availability by ICAP and ICAP

responded that CFAP study text will be available in January 2016 which will surely affect the exam

preparation ability of students. It is established fact that for appearing in ICAP examinations, one cannot

prepare for ICAP examinations in short span of time. It is requested that ICAP should try to make early

availability of CFAP study text.

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Industry training should be available?

Majority of the respondents are in favor of industry articles in our survey. This will open new avenues

for ICAP students in time to come.

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Awarding Exemptions to University Students is Fair Policy?

This is the sole topic that is burning issue these days which is seriously affecting students. As per the

survey, students are very sensitive on this issue and voted negatively on that question. Their perception

is affecting hard by such MoUs by ICAP.

Participants commented that ICAP should focus on their output i.e. ICAP existing students who are the

real brand ambassadors of the Institute instead of exempting university graduates to join this profession

by claiming easy exemptions. The sole reason for such perception is that ICAP students know how much

difficult it is for students to pass ICAP exams which ICAP is offering to university students on dish plate.

Some students pointed out the fact that universities have a lenient paper checking criteria whereas

paper checking criteria of ICAP is far strict. So university students might get off with a better bargain.

A student commented that the quality of education given at University of Lahore - BSc (Accounting and

Finance), Lahore campus does not deserve ICAP exemptions. ICAP should arrange regular quality

assurance visits at such universities to whom it allows exemptions. We study day and night and keep

ourselves updated with the latest developments in the law and in accounting and auditing standards,

while they don't even know what these standards are and how they are formulated. ICAP seriously

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needs to reconsider its exemption policies. And CAF qualified students should be able to obtain these

degrees as well, if A=B then how come B is not equal to A?

Other Comments:

Students raised the point on the survey that ICAP performing student oriented activities in Karachi

region only. ICAP has no student related activities in northern region by ICAP or CASA – North (ICAP

auxiliary student organization).

ICAP should revamp its value by adding strength to its entry route. More quality candidates mean better

applicants' pool and better passing ratio. Entry test should be somewhat tough, with portions of

mathematics and English. Level should be like that of NUST at least. When entry route is easy, more

people join CA even those whose strengths mismatch CA requirements, a strong entry test ensures that

right kind of candidates enter the field. At the start ICAP should organize career counseling sessions to

give overview of the program and even making a student oriented documentary.

A student asked GCA to request ICAP to open library on Sunday for the whole year and not just one

month before exams. As a trainee, it is quite difficult to manage studies during working days. So this

step will help a great deal in exam preparation on continuous basis which in turn will improve the results

in final examinations.

ICAP trainee students in training organization are treated like animals. They have to work more than 14

hours in a day and they are paid a little amount of stipend which even can’t meet rent expenses of

outstation students. ICAP should consider this issue. If this prevailed for a long time, students from small

villages will be discouraged and they will hesitate to join this great profession.

It is acknowledges that our Institute is a not-for-profit organization and its intent is to recover only the

costs of study packs out of this fee rationalization. But students are not getting any facility or incentive

as most of the facilities are for qualified chartered accountants. ICAP has history of negating students’

right in the past.



Caveats

All the issues highlighted are presented as received to us via our survey form and some personal

meetings with students and trainees. No official from GCA participated in the survey and we do not

necessarily agree with all the opinions of the participants.

It is requested that this report be discussed in a formal meeting of ICAP officials to address the concerns

of students as early as possible.

Your positive response in this regard will highly be appreciated.

Yours Truly

Ata-ush-Shafi

CA Department, Manager GCA

29 Updated ICAP Study Material | GCA Consultants – Annual Report 2015


Updated ICAP Study Material

GCA Provides Latest Study Material for the Students of AFC and CAF Stages, According to ICAP New Education Scheme 2015.

AFC Stage Study Notes

CAF Stage Study Notes

Past Papers

Complied in Single PDF File

ICAP : AFC AND CAF Past Papers of Previous 28 Attempts (2001 - 2014)

ICAP Module E/F : Past Papers of Previous 18 Attempts (2006 - 2014)

Suggested Answers

Complied in Single PDF File

ICAP AFC AND CAF : Suggested Answers of Previous 10 Attempts

ICAP Module E/F : Suggested Answers of Previous 12 Attempts

E-books

A large Number of Books are Available for Download in GCA E-Book Library, E-books are provided for

Free on Member’s Request.

Click Here to Submit Your E-Book Request.

30 Result Analysis Updates | GCA Consultants – Annual Report 2015


Result Analysis Updates

Spring – 2015 Attempt

31 Spring – 2015 Attempt | GCA Consultants – Annual Report 2015


ABOUT MERIT CERTIFICATE HOLDERS

32 Spring – 2015 Attempt | GCA Consultants – Annual Report 2015


OVERALL ICAP RESULT

33 Autumn – 2015 Attempt | GCA Consultants – Annual Report 2015


Autumn – 2015 Attempt

34 Autumn – 2015 Attempt | GCA Consultants – Annual Report 2015


ABOUT MERIT CERTIFICATE HOLDERS

35 June – 2015 Attempt | GCA Consultants – Annual Report 2015


June – 2015 Attempt

36 June – 2015 Attempt | GCA Consultants – Annual Report 2015


37 GCA New Year Celebrations - 2015: | GCA Consultants – Annual Report 2015


GCA New Year Celebrations - 2015:

GCA New Year – 2015 kicks off with New Year - 2015 greetings to all the members through all available

modes. Here are some images of New Year – 2015 greetings:



Following is the glimpse of greeting to GCA team and to GCA members from the GCA team:

GCA published their calendar for Year: 2015 which is available at the following link for download.

http://www.gcaofficial.org/calendar.html



GCA made their first ever vedio to greet New Year - 2015 to all its members. The vedio is available at the following link to have a view.

http://www.gcaofficial.org/arts-galllery

GCA published their first Annual Report ever in 2015 & this practice will continue for coming years. Year:

2015 Annual Report is available at following link:

http://www.gcaofficial.org/gca-annual-report.html

40 GCA Collaboration with CASA - South: | GCA Consultants – Annual Report 2015


GCA Collaboration with CASA - South: GCA is making fruitful collaboration with CASA- South, the ICAP student association formed under ICAP

Bye-laws, through supporting their student friendly initiatives for maximum advantage to the students

and to raise voice at ICAP floor with CASA – South. Till to date, we have collaborated with CASA- South in

following ventures.

Significant Issues Questionnaire

This questionnaire is available at following link and is getting information from students related to

Article related issues and problems.

https://docs.google.com/forms/d/1IctMjHUOsxG4ZBt9cmnJr8gNmYWvwZ2-5CUtFi3ePaw/viewform

CASA – South Pictorials

GCA supports CASA – South efforts through pictorials uploaded at CASA – South FB page by sharing such

photos so as to aware masses about CASA – South activities to all the interested stakeholders.

• Relief activity on heat stroke program.

• Training induction fair held on July 7th, 2015.

• Visit to 4th day of Eid-ul-Fitar at Eidi Center, Korangi, Karachi to highlight the fact how much blessed we are as compared to many people, and how much our time, smile and conversation can value for the kids, elders and patients we visit.

• Pakistan VS India match at ICAP head Office, Karachi.

CASA – South Blood Donation Campaign

GCA participated and highlighted the blood donation campaign at ICAP Head Office to inculcate the

drive for donating blood since it is good for healthy life as proved by medical science.

GCA activities during the year

GCA updated their members via FB group, FB page and email alerts all latest updates related to ICAP,

SECP, FBR, Weekly Jobs, IFRS. Business updates and related regulatory bodies

notifications/circulars/reports/press release etc that are related to ICAP students.

GCA Queries Response

GCA also answer student specific queries received at following email addresses on daily basis.

1. [email protected]

2. [email protected]

GCA & CASA – North Meeting

GCA representative Mr. Muhammad Ahsan & Mr. Ata-ush-Shafi and CASA – North representative Mr. Ali

Naeem held a two hour meeting at Lahore on Thursday, November 19th, 2015 to discuss the issues and

various possibilities to resolve the issues in hand. A very good and effective discussion takes place

41 GCA Collaboration with CASA - South: | GCA Consultants – Annual Report 2015


between two representatives. Various suggestions had been put forward before the CAS – north

representatives to resolve student problems.

GCA Job Bank

GCA Consultants weekly upload (mostly on Monday) jobs database on FB group and FB page for all ICAP students and members benefit. This aim is to aid the students and members in availing the best opportunity available to them. GCA is getting very good response from this activity.

Please help GCA in making this GCA Job bank successful by emailing at: [email protected]

GCA at Twitter

Consistent with prior years, GCA made our twitter account functional and is updating twitter on daily basis. Till to date, we have 160 followers on GCA Consultant twitter account. We look forward for member participation to spread our efforts to all interested stakeholders. Following is our twitter web address:

https://twitter.com/gca_official

GCA at Linkden

Consistent with prior years, GCA made our Linkden account functional and is updating Linkden account on daily basis. Till to date, we have 600 connections on GCA Consultant Linkden account. We look forward for member participation to spread our efforts to all interested stakeholders for their maximum advantage. Following is our Linkden web address:

https://pk.linkedin.com/pub/gca-consultants/64/610/777

42 GCA Whatsapp Group: | GCA Consultants – Annual Report 2015


GCA Whatsapp Group:

On request of all GCA esteemed members, GCA launched their whatsapp group. We got

tremendous response from the members on this group and this group is running on whatsapp

with good pace and helping students to share their issues just at the click of keypad buttons. Till

December 31st, 2015, we had seven (07) GCA Consultants group on whatsapp running very

effectively and productively with around 1137 plus members. You can also become GCA

whatsapp group member by submitting your details at:

http://www.gcaofficial.org/whatsapp.html

A note for females:

For females willing to join whatsapp group, Please join after considering that your number will

be shown to all by default settings of whatsapp and we can't change that. However name is not

shown unless the other party have saved your number (in which case that name saved with

number will be shown).In any case your picture will be public, unless u keep a privacy to that

too. Please consider this to avoid tharkism.

43 GCA Past Paper Analysis: | GCA Consultants – Annual Report 2015


GCA Past Paper Analysis:

For the first time in the history of ICAP education scheme, GCA launched comprehensive past paper

analysis of CA Final examinations for ICAP students. You can also download such past paper analysis by

visiting the link given below:

http://www.gcaofficial.org/module-f.html

GCA Mock Exam Database:

GCA made proper arrangement of availability of all mock exams to all C.A. students conducted by

ICAP approved RAET’s to facilitate them to some extent. Such mock exams will never be a surety

that ICAP examinations will conduct all such questions of same resemblance in any time in future.

GCA advised all students in their own interest to cover 100% of their prescribed syllabus (available

at ICAP website) as it is better decision not to take any risk in ICAP examinations.

Mock exam database collection are available at following link:

http://www.gcaofficial.org/mock-exam-papers.html

44 GCA Logo History: | GCA Consultants – Annual Report 2015


GCA Logo History:

45 GCA Group History: | GCA Consultants – Annual Report 2015


GCA Group History:

46 Re-designing of GCA website: | GCA Consultants – Annual Report 2015


Re-designing of GCA website:

GCA believes that latest information technology gadgets should be used to ease out things in best

possible term. Also, GCA believes that re-branding is vital for maintaining long term interest.

This website up-dation is done by GCA I.T. Administrator Mr. Shahrooz who can be accessible at

following link: https://www.facebook.com/shahroozkhans

GCA Daily Email Alerts:

GCA started GCA email alerts on daily basis for all those GCA members who got registered on our

website. Till to date, 1137 plus members had subscribed our email subscription. This service helps

member is getting daily update at their email address and to stay informed and updated.

47 GCA Daily SMS Updates: | GCA Consultants – Annual Report 2015


Aspiring members can also become by visiting this link: http://www.gcaofficial.org/become-

member.html

GCA Daily SMS Updates:

This is another service that is in pipeline to be implemented by next year. This will also help all

members to get updates right at their inbox.

GCA Wild Arts:

GCA conveys their messages through use of pictures to raise their voices on concern that affect

ICAP students in any manner like ICAP memorandum and understanding between ICAP and

various universities in Pakistan which is not welcomed by ICAP students in large majority together

with the fact that ICAP had not yet taken their students in confidence on the said subject matter.

If a girl is not accepting your marriage proposal, try an MOU proposal

48 GCA Wild Arts: | GCA Consultants – Annual Report 2015


49 GCA New Admin: | GCA Consultants – Annual Report 2015


GCA New Admin:

Considering Karachi as the major Chartered Accountancy market in Pakistan together with the need

and desire of all Admins to have a representative from this core area from where many students

qualified in each June & December attempt, GCA invited application from Karachi for GCA Admin

position. Many applications had been received and scrutinized on merit. After the GCA complete

induction process, we are proud to announce new GCA Admin “Asfandyar Khan Afridi” from

Karachi. His brief particulars are as follows:

50 GCA New Admin: | GCA Consultants – Annual Report 2015


51 Feedback and Suggestions: | GCA Consultants – Annual Report 2015


Feedback and Suggestions:

We strive with our best efforts to serve the professional accountancy students and work towards the

development of profession. Our efforts are directed towards provision of focused consultancy

services and public feedback is vital to us for improvements. Please share your suggestions and

provide feedback to us:

Contact no. 0321-5300506, 0336-1492450

Website www.gcaofficial.org

Email: [email protected]

Facebook Page: www.facebook.com/gcaofficial

Facebook Group www.facebook.com/groups/orochiace

Linked-in http://www.linkedin.com/pub/gca-official/64/610/777

Google Plus https://plus.google.com/+GcaofficialOrgplus

Twitter https://twitter.com/GCA_Official

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