Thursday, October 27, 2022
Two Pakistani students have made the country proud by scoring the highest marks in the Association of Chartered Certified Accountants (ACCA) exams, which took place in September 2022
According to a press release issued in this regard, 83,630 ACCA students from around the world enrolled for the September sitting and it was particularly pleasing to see Pakistani students shining in the exams and building a strong reputation for the country on a global level for top finance talent.
"It’s not about one or two meritorious students, a growing trend of ACCA students and professionals from Pakistan creating a global impact with their ability and ambition is being witnessed. This also proves how Pakistanis can compete and win globally if they’re offered the right support and a global platform," said Rashid Khan, ACCA’s spokesperson for the Asia Pacific region.
The ACCA Qualification rigorously tests the skills, abilities and competencies that a modern accountant needs, with a firm grounding in ethics and professionalism. It prepares students for a rewarding global career as qualified and ethical finance professionals.
Malik Shahmir Pervez earned the global position for demonstrating stellar performance in the Advanced Audit and Assurance (AAA) exam which is considered one of the most challenging of all ACCA papers.
Shahmir comes from a modest family and his father was a truck driver in Rawalpindi. He completed his early schooling at an Urdu-medium local school before joining the Army Public School (APS).
Despite the fact that he had to adjust to the English medium in his new school, he qualified for a scholarship after proving his mettle in the exams at APS. He then completed pre-medical at Fauji Foundation College with an A-1 grade but was unable to continue his education after the sudden death of his father, who was also his best friend.
For two years, Shahmir went through severe mental trauma and would spend entire days in his room. With the family’s love and support, he was finally able to come out of the emotional ordeal and ended the hiatus in his studies by opting to study the globally renowned ACCA Qualification.
"I feel it’s important for everyone to talk about mental health more openly and the reason I’m sharing my struggle of coping with all sorts of anxieties because I want to tell those who are currently going through a similar phase that it’s okay to be not okay and it’s never too late to press the restart button."
After joining ACCA, this is Shahmir’s first global distinction and third national distinction.
He loves studying with ACCA since he was never a fan of rote learning and would rather focus on understanding the concepts. "ACCA is the world’s most innovative professional body and the same is reflected in how it has designed its qualifications and assessments. With ACCA, you’re always ahead of the curve when it comes to the latest knowledge and most in-demand skills," said the AAA prizewinner.
The 23-year-old who is only one paper away from becoming an ACCA affiliate sees his career at a big4 firm and would like to join the audit profession soon after qualifying with ACCA.
When not studying, Shahmir keeps himself active by playing sports such as Table Tennis and Cricket.
On the other hand, Noman Abbasi, who’s celebrating his 22nd birthday this month, is the second Pakistani who also made it to the ACCA’s list of global prizewinners by scoring the highest marks in the Financial Reporting (FR) exam.
Listening to the news, Noman’s father, who is a doctor by profession, had tears in his eyes. He proudly admits that his son’s achievement is undoubtedly the highlight of his life and nothing else can ever come close to the feeling of seeing one’s son or daughter succeed in such a coveted exam.
With his father being a doctor and his brother an engineer, Noman felt pressured to study pre-medical in college but he always knew his interest lied elsewhere. "I wanted something more exciting to do in my career and travel the world. So, accountancy was a natural choice for me," he said.
Soon after passing his intermediate exam, Noman chose to start his ACCA journey and has shown exemplary performance in all his exams so far. "When in college, I never felt great studying due to the lack of interest. But now I get such an adrenaline rush analysing the financial data and preparing reports that I don’t need any other motivation to stay focused."
Noman spends almost six hours studying every day, in addition to the time he spends attending his online classes. "Thanks to the flexibility that ACCA offers, I’m able to attend all my lectures online and don’t have to waste time commuting to and from my home in Baldia Town that would have taken hours otherwise," shared Noman.
When not studying, Noman loves listening to music and considers Drake, the Canadian rapper, his biggest inspiration in life. "Just like Drake who came from a modest background and made it big with his talent and ambition, I too would like to scale similar heights and make my family and country proud by proving how a person can achieve anything by working hard and making the right choices," said the prizewinning student.
ACCA is the world’s leading body for professional accountants with 241,000 members and 542,000 future members based in 178 countries and regions.