Manifesto for ACCA Council Election 2021 – Omer Zaheer Meer

Commitment:

In view of the unique challenges due to COVID-19’s global implication and resulting disruptions, I commit to bring to Council:

  • continued selfless devotion and passion for ACCA fraternity,
  • tax and corporate laws specialization,
  • 15 years’ plus crisis management experience at board & public policy level,
  • governmental level policy making experience,
  • ideas to capitalize on the fast evolving regulatory and tax framework culminating from China-Pakistan Economic Corridor with exciting economic possibilities,
  • extensive experience on the boards of various think-tanks,
  • insights from extensive interactions with ACCA members across the globe and
  • a fresh perspective.

If successful, I’ll continue to work with utmost honesty, dedication and unrelenting passion to contribute to the ACCA community in the following ways:

Vision:

  • Provision of relevant CPDs and/or courses for capacity building to equip our members with vital skills in a fast evolving enviornment particularly for current and upcoming technologies, allowing them to progress in their careers.
  • More work towards increasing #earning potential of ACCA members globally using successful initiatives such as “six digits”, “seven digits” and “two-week-too-strong”.
  • Generating more #career opportunities for members by proposing initiatives involving working closely with and facilitating #employers in hiring ACCA members.
  • Strengthening #mentoring programs for members for their professional and career development.
  • Promoting closer #networking opportunities amongst members.
  • Collaborations with regulators and other professional bodies to enhance recognition of ACCA.
  • Work towards introduction of local taxation variants in various markets .
  • Promote ACCA brand globally, thereby creating more value for members.

I’ll act on behalf of all members to ensure that the future direction of ACCA continues to address the evolving needs of our members and all stakeholders while championing the highest ethical standards.

ACCA Council Election 2020 – Omer Zaheer Meer

ACCA Council Election 2020 – Omer Zaheer Meer

Foreword:

My belief is that those of us fortunate enough, have a duty to give back to the profession and humanity. It’s not a favor to anyone but a blessing for our own-self.

It’s an honor to put myself forward for Council election, having been very actively engaged with ACCA. My ACCA advocacy, began in student society in 2003 and turned a leaf in London after becoming a member in 2008.

I’ve been ACCA’s Network Panel Member (Pakistan) member since 2015 and honored to be its first ever unopposed and unanimously elected Chairman (since 2018), representing its 40,000 members, affiliates and students.

My numerous contributions have been recognized by the award of ACCA’s Exceptional Public Value award (twice) and National Advocacy award. I’ve evolved from national to regional to global levels and learned about ACCA’s unique vision, workings and adaptability.

I’ve held many leadership positions besides being a managing partner at MLCC.

My Profile: https://omerzaheermeer.wordpress.com/about/

Existing Key contributions: https://omerzaheermeer.wordpress.com/2020/10/07/omer-zaheer-meers-existing-key-contributions-for-acca/

Commitment & Manifesto:

https://omerzaheermeer.wordpress.com/2020/10/08/manifesto-for-acca-council-2020-omer-zaheer-meer/

Conclusion

I’ll act on behalf of all members to ensure that the future direction of ACCA continues to address the evolving needs of our members and all stakeholders while championing the highest ethical standards.

 Please vote and support me and let’s “Think Ahead” together.

Thank you.

Omer Zaheer Meer’s Existing Key Contributions for ACCA

Omer Zaheer Meer’s Existing Key Contributions for ACCA

Besides:

  1. Sitting and contributing on the ACCA Global Tax Forum (5 Years+),
  2. Contributing on the ACCA International Assembly (3 Years+),
  3. Being a member of the Editorial Board of the MESA publication of ACCA’s Policy Insights (2 Years+) and
  4. Working with global policy teams and regional members’ affairs teams of ACCA on various initiatives.

Mr. Omer Zaheer Meer also:

  1. Spearheaded a comprehensive CPD program particularly focused on local laws and taxation, topical techonologies including Artificial Intelligence, Big-Data, Data Analytics, Blockhain, presentation skills, leadership, effective communication, e.t.c. to equip members with the necessary skills for their growth. This resulted in more opportunities and increased members satisfaction.
  2. Worked tirelessly to get MOUs signed with various Tax Bars, opening up new and exciting career opportunities for ACCA members in the lucrative taxation practice. This enhanced the recognition of ACCA in the market.
  3. Proposed and led by personal participation in the 30 days, 100 employers initiative to ensure more reach of ACCA and a stronger brand leading to more employment opportunities for ACCA fraternity.
  4. Proposed, Launched and Personally ran “Tax Clinic” with Chamber of Commerce and Industry leading to a strong partnership to ensure that ACCA brand is recognized by top business leaders, leading to more employment opportunities for our fraternity.
  5. Interacted and assisted #Regulators leading to enhanced collaborations and brand recognition for ACCA.
  6. Assisted #FinanceMinistry with key inputs and proposals.
  7. Developed and contibuted in a very effection #MentoringProgram.
  8. Created #Upskilling Programs.
  9. Focused on increasing earning potential of our fraternity by proposing and then contributing in absolutely free of cost ground breaking initiatives such as “Six Digits” and “Two-Week-Too-Strong” programs which have been resounding successes leading the participants to secure incomes in six digits and/or marked rises. Infact, the pilot program has been so successful that in the second edition more than 1200 ACCA fraternity members have availed this program.
  10. Personally mentored thousands of members, affiliates and students over the past decade.
  11. Represented and/or introduced ACCA at various forums including Chambers of Commerce and Industry, Tax Bars, Financial Institutions, Regulators and other professional institutions such as LCCI, KCCI, KTBA, LTBA, MTBA, PTBA, NRSP, MPDD, UET, MCB, NBP, IBP, several think tanks – being on their boards, e.t.c.
  12. Pioneered #WhatsApp groups for #membersnetworking and #connectivity.
  13. Initiated other unprecedented forums including using social media tools for ACCA community’s interactaction with each other and the ACCA officials with ease.
  14. Conducted #career orientation & other sessions for #students to opt for #ACCA,
  15. Helped launch and personally contributed in the #ProfessionalExpertsForum for subject matter experts to guide #ACCA fraternity as well as brand recognition and much more.
  16. Proposed, assisted and worked towards the practicing certificate launch in Pakistan for ACCA fraternity (was the first one to be awarded one) by then ACCA President.
  17. Conveyed the members sentiments to the ACCA officials and various decision makers as Chairman of MNP. Interacted with the decision makers and made efforts to link these sentiments with the ACCA strategy. This lead to various support measures during the Covid-19 by ACCA, including the increase in the income level allowed for claiming subscription assistance from GBP 5,000 to GBP 8,000 and proposed it to be further increased significantly and extension in the Subscription due date to almost mid-September besides the option to pay in installments, all unprecedented measures.
  18. In addition to the above, these efforts also contributed towards consideration and allowing of special relief for Suspended members by ACCA.
  19. Has been instumental in and participated in several campaigns to promote ACCA brand including the “Think Ahead with ACCA” series by the marketing as well as the members’ affairs teams.
  20. Worked tirelessly with ACCA officials in line with advocating and supporting the idea for audit rights for ACCA members leading to the historic agreement with ICMAP which opened up doors to audit practice for our fraternity.

In recognition of the above mentioned and numerous other contributions, ACCA honored him by awarding the Exceptional Public Value Awards (for 2 years running) and National Advocacy Award to him.

All this resulted in enhanced #brandrecognition, increased #opportunities for #ACCA and several ancilliary benefits for our fraternity and the profession.

It is my aim to build upon this good work for all members globally, as an #ACCACouncilMember.

Therefore, please #VoteOmerZaheerMeer in #ACCACouncilElection and let’s continue to #ThinkAhead together.

OZM on Way Forward for Punjab Revenue Authority in TV Program

Mr. Omer Zaheer Meer, FCCA, CA, CFA, CPFA, & AMLE, a leading tax expert speaks on one of the most important issues impacting the businesss & ease of doing business in Pakistan.

He’s the Twice Serving Chairman of MNP & Fourth-time Serving Chair of the Taxation committee of #ACCA and represents Pakistan on the Global Tax Forum.

For more visit: http://www.mlcc.pk

A Visit to the Scottish Parliament – Lessons in Democratic Norms

Dear Readers,

Peace be on you all,

In this post I’m sharing a fantastic experience of witnessing a true modern  democracy at work during my visit to the Scottish Parliament. When I reached, there were a couple of small protests going on right in front of the main entrance of the Parliament.

With people protesting outside, the parliamentarians kept addressing the issues inside in the debating chamber in front of their electorate. The openness, transparency & accountability while giving respect to the voices of the voters, is how it is supposed to be.

Giving respect to the masses while holding the representatives accountable is the true essence of a real democratic system.

It is a lesson for countries all over the world. What’s worth mentioning here is that although Romans had a semi-democratic setup, that was largely selective. The first model of a true modern democratic setup was established by Prophet Muhammad PBUH in the state of Medina.

Let’s hope we get to see further improvements in democratic setup of Scotland and the rest of the world.  I’ll now sign off by sharing that the Scottish people are very friendly and have a good-nature.

Enjoy the pictures below and see you here soon with the next blog post.

 

Couple of Couplets

وہ بُتوں نے ڈالے ہیں وسوسے کہ دلوں سے خوفِ خدا گیا
وہ پڑی ہیں روز قیامتیں کہ خیالِ روزِ جزا گیا

جو طلب پہ عہدِ وفا کیا، تو وہ قدرِ رسمِ وفا گئی
سرِ عام جب ہوئے مُدّعی، تو ثوابِ صدق و وفا گیا

Announcement of Exceptional Public Value Award by ACCA

Dear Readers,

Peace be on you!

It’s with extreme pleasure that I announce that the prestigious Exceptional Public Value Award is to be awarded to myself by Ms. Helen Brand, OBE, CEO ACCA (the largest accountancy body globally). I’ll share the details with you after receiving the award, Insha Allah.

I’m honored by this privilege and grateful to ACCA for the recognition of my:

“contributions in the field of Budget and Taxation including but not limited to

  • the drafting of Anti-Graft Legislation focused on Undisclosed Foreign Income & Assets which was later adopted by the Treasury,
  • work done on the Regional Research Study on Indirect Taxation across South Asia and UAE,
  • MOU’s with Tax Bars,
  • Collaborations with Chambers of Commerce and Tax Bars,
  • Pre & Post Budget proposals and seminars,
  • continued member education events particularly on Taxation and
  • opportunities created through R&I sessions with key employers.”

Last but not the least, I’m thankful to you all for your support and prayers particularly my parents, siblings, mentors, colleagues and friends.

acca-exceptional-public-value-award

Regards,

Omer Zaheer Meer

Choose the best available option

The following article has been published in the Sunday Edition of Pakistan Today, dated 7th September 2014
(For online version: http://www.pakistantoday.com.pk/2014/09/06/featured/choose-the-best-available-option/ )

(For Published Version, Page 6:   http://issuu.com/abidoon/docs/dna_issue_40/7?e=3820687/9210255 )

Choose the best available option

Learn from history

Prof Dp

 By: Omer Zaheer Meer

The author is a Director of the think-tank “Millat Thinkers’ Forum”. He is a leading economist, qualified accountant and anti-money laundering expert with international exposure who can be reached on Twitter and www.myMFB.com @OmerZaheerMeer  or omerzaheermeer@hotmail.co.uk

It was a harsh winter, like winters in Russia are. The mighty advancing army was not only unaccustomed but also ill-equipped to deal with the extremities of climate. The officer in charge contacted his commander in chief detailing the ground realities and proposing a retreat and re-assault in summer. The response was a firm no with orders to march on, citing that their forces had never retreated, defeating all the global forces till then. Soon, the same army was buried in the graveyard of history along-with the commander in chief and his empire.

This is not a fictional story but the real account of the turning point in the history of Adolf Hitler led Nazi Germany. This is not the only example, rather history is filled with such disastrous actions repeated by otherwise brilliant leaders. Refusing to realise ground reality and not saving one’s strength in adversities to fight back later often led to obliteration, as has been the law of nature.

Timing is crucial in politics. But the ongoing fiasco in Islamabad has been a comedy of errors, where political blunders were committed and key opportunities missed. For example, the whole crisis started with the Model Town tragedy for which there was no need or logical basis. Everything was under the government’s control with operation Zarb-e-Azb in place. Though certain PML-N sections claim there was a conspiracy in “police fire” and some firing from the Minhaj secretariat, the decision to send police force to “teach a lesson” to protestors was solely PML-N’s.

When angry protestors who clogged the streets of London were calling for trial and hanging of Tony Blair due to his invasion of Iraq, the British government did not fire, use tear gas or arrest them.

Similarly, there were many missed opportunities. The government denied some logical and basic demands despite making commitments. When the protestors led by Imran Khan were attacked by a mob led by the brother of sitting MPA of PML-N in the constituency of Khurram Dastagir – a powerful MNA deemed close to the PM – there was more bad blood. When the protestors landed with less than expected numbers due to various reasons in extreme weather conditions, key government ministers started mocking instead of showing goodwill by providing food and shelter to co-citizens and Mian Nawaz Sharif taking a delegation to meet Imran Khan at that time. Though some food was sent later on, the moment was missed, and it was returned.

As if that was not enough, brutal police action was used on protestors including women and children. The government’s claim that since protestors had gas masks and sticks, they were akin to dangerous terrorist’ makes one wonder about the state of mind of those in charge. Also an argument was constantly repeated that no one is allowed to protest with cranes, sticks and gas masks anywhere in the world and that prior permission for protests is always taken in the civilised world. Unfortunately even our ‘learned’ electronic media anchors failed to correct this false narrative.

There had been several protests in the west including UK, USA and France where protestors took to streets without any prior permission. The black rights’ movement is a famous part of American history while riots in cities of France including Paris are not too old, and who can forget the infamous million march in the streets of London that choked and effectively closed down the city. None of the above countries used containers to block their own cities or used deadly force to kill the protestors despite even serious havoc in the case of French protests. Yes the protestors are not expected to and should not have sticks or cranes but if we analyse honestly, what are they supposed to do in the face of brutal assaults by the state machinery and road-blocks using containers?

When angry protestors who clogged the streets of London were calling for trial and hanging of Tony Blair due to his invasion of Iraq, the British government did not fire, use tear gas or arrest them. Nor did they use containers to siege entire areas and their own cities. They let the protestors steam off and it ended peacefully. On the other hand when the French authorities used police force to try to quell protests, though avoiding live bullets or cranes for blockades, the protests turned violent and spiraled out of control. This should be a lesson for the government, to let protestors exercise their democratic right of protest instead of using fascist measures that turn protests violent.

When key organisers fail to provide even basic arrangements and when office-bearers could hardly pull out a 100th of the pledged numbers despite widespread support, Imran needs to re-evaluate his options.

Another unfortunate fact is that political divisions in Pakistan have reached the point where it’s believed there are only two views, ones’ own view and the wrong view. This needs to change. Opinion makers, analysts, anchors, leaders and even the general public needs to have an open heart and a receptive brain enabling them to listen and neutrally analyse facts.

The fact of the matter is that PAT never had a widespread following or legitimacy but PTI does command both. Unfortunately despite Imran Khan’s resilience, determination and honesty it has pushed itself in a situation where there are no truly winning options. In such a situation when most of the party is disenfranchised and internal issues warrant serious attention, when key organisers fail to provide even basic arrangements and when office-bearers could hardly pull out a 100th of the pledged numbers despite widespread support, Imran needs to re-evaluate his options.

At the time of writing this we’ve reached a political stalemate, with some positive indications from Shah Mehmood Quraishi’s eloquent address in the joint session of parliament. In the situation detailed above, and with a few dozen elected MNA’s, if Imran can ensure legislation inducing reforms and closing the loopholes in the system, get the election commission reformed and re-constituted with well-reputed and competent officials, and get an independent Supreme Court tribunal to investigate alleged rigging in 2013 elections, it’ll be a very good situation to be in for PTI under the circumstances and the only possible way out of the political impasse Pakistan finds itself in.

What PTI has achieved is unprecedented in Pakistan as thousands of people have braved extreme weather and continue to sit in for three weeks, sacrificing their jobs, family lives and personal comforts for the sake of a merit based system in Pakistan. Let’s hope all this was not for nothing.

Kashmir: The Forgotten Jugular Vein

The following article has been published in the Sunday Edition of Pakistan Today, dated 31st August 2014
(For online version: http://www.pakistantoday.com.pk/2014/08/30/comment/kashmir-the-forgotten-jugular-vein/ )

(For Published Version, Page 9:   http://issuu.com/abidoon/docs/dna_issue_39/9?e=3820687/9123742 )

Kashmir: The Forgotten Jugular Vein

What it still means to Pakistan

Prof Dp

By: Omer Zaheer Meer

The author is a Director of the think-tank “Millat Thinkers’ Forum”. He is a leading economist, qualified accountant and anti-money laundering expert with international exposure who can be reached on Twitter and www.myMFB.com @OmerZaheerMeer  or omerzaheermeer@hotmail.co.uk

Just like all beautiful things in this world, Kashmir, the heaven on Earth has been a victim of its own charm. While most people in the sub-continent and world over know of the miseries of Kashmiris since 1947, their hardships and slavery has dated back long. It was the fateful year of 1820 when tyranny took over the beautiful region with Ranjeet Singh annexing it. However it was yet to see the worst. In 1846, following the defeat of Sikhs in the first Anglo-Sikh war, the so-called “Maharaja” Gulab Singh “purchased” Kashmir along with all its inhabitants for a paltry 7.5 million Rupees from none other than the torch bearer of civilization and human-rights, the then British Empire. After the worst possible atrocities and subjugation a nation has been subjected to in human history, Kashmiris saw ray of hope with the arrival of 1947.

A new Muslim state was been carved out in the subcontinent named Pakistan. The region comprising this new state shared natural, logistical, economic, cultural, religious as well historic ties with Jammu and Kashmir. The overwhelming majority of Kashmir at the time, according to some studies over 80% was Muslim. The masses believed it was their democratic right as well as natural to become part of Pakistan. However there was a catch. According to the Independence Plan the Indo-Pak region was divided on the basis of religious majority of Muslims and Hindus but the independent princely states were to decide their own faith but encourage to join India or Pakistan while taking into account geographical contiguity and the wishes of their people. Any disputes were to be resolved by holding plebiscites.

The subjugation of Kashmiris ultimately led to an internal revolt in the “Poonch” region against the “Dogra Raj” resulting in declaration of “Azad” Kashmir government. The cries for support against the ruthless Dogra oppressors were answered by the poorly armed Pashton tribes from the mountainous terrains of Pakistan, sharing a strong bond of religion. As a result Hari Singh asked for help from India and was forced to sign an alleged accession document as per Indian claims despite having already signed a “standstill” agreement with Pakistan.

Worried by Indian aggression, Quaid-e-Azam ordered the British commander-in-chief of Pakistan Army, General Gracey to send in Pakistan Army units to aid Kashmiris but he refused setting a despicable blot on his name. A few low-ranking Pakistan Army officers voluntarily joined the warring tribes and reached the outskirts of Srinagar. However unnecessary changes of command, lack of proper arms and ammunitions and deficiency in numbers of the rag-tag militiamen meant they were no match materially for the regular Indian Army. However their passion, skill and bravery they fought with led them to not only liberate a vast region but inflicted such damage that the Indian Prime Minister Mr. Jawaharlal Nehru himself took the matter to the United Nations (UN) requesting a cease-fire and asking for a plebiscite in Kashmir under the UN watch, accepting it to be a disputed territory.

Before proceeding further, let me share an interesting excerpt from a historic address with you: “It (Kashmir) is a people with a soul of its own and an individuality of its own. Kashmir is not the property of either India or Pakistan. It belongs to the people of Kashmir, and the people of Kashmir alone will decide as to what their future affiliation and course of action will be”. The excerpt you just read is not said by any Pakistani or Kashmiri leader but these are words of the Prime Minister of India Mr. Nehru himself.

It is a sad tragedy that the so-called largest democracy in the world has enslaved an entire people against their will and back-tracked on its own commitments to not only them but the whole world for the seventh decade now. What’s more pitiful is the hypocrisy practiced by India. It annexed Hyderabad and Junagargh, both ruled by Muslim rulers despite the first declaring independence and the latter signing accession to Pakistan. India claimed that since the majority of the population was Hindu in both states, the independence and accession agreement do not hold. But when it came to Kashmir which was exactly a mirror image with a majority of Muslim population ruled by a non-Muslim ruler, India changed its own stance claiming the alleged accession agreement was to hold in this case. In effect, India practiced imperialist hypocrisy null of any principles. What’s more it even refuses to date to honor its own pledge of a plebiscite in Kashmir, which it made to the international community.

As of today, despite the partially successful 1948 liberation war and subsequent events including 1962 Indo-China war, the state of Jammu and Kashmir stands divided into three regions, the Indian-Occupied Jammu, Kashmir Valley and Ladakh, the Pakistan-administered Azad Kashmir and Gilgit–Baltistan and the Chinese-administered regions of Aksai Chin and the Trans-Karakoram Tract.

On its part, Pakistan fought several wars with India over the Kashmir dispute but missed some golden opportunities. During the 1962 Indo-China war, Kashmir was virtually “empty” of Indian Army and Pakistan was sent a message by Chinese to move in and take over what was rightfully theirs. However the dictator at the time, Field Marshal Ayub Khan let the opportunity slip. Earlier during the 1948 liberation war, Pakistan accepted a ceasefire when its tribal militia without support of regular Pakistan Army was inflicting serious damage to regular Indian Army, letting an opportunity to liberate Kashmir slip away.

Reading this all, you may be wondering why is Kashmir still so important to Pakistan and do Kashmiris still want to join Pakistan? While the latter can be determined by a plebiscite we can examine the first. All of Pakistan’s rivers flow from Kashmir. The Indian occupation has pursued controversial projects to implement a water control strategy designed to starve Pakistan of its lifeline of water supplies. The consequences of water scarcity require a detailed write-up but it can be safely said that it’ll put the very existence of Pakistan at risk.

It was not without reason that the wise Quaid-e-Azam said “Kashmir is the jugular vein of Pakistan and no nation can allow its jugular vein to be held by the enemy”. Even if one was to think beyond the atrocities by Imperialist India warranting a compassionate response, an independent Kashmir with defense pacts would be better for both Kashmir and Pakistan compared to an Indian Occupied one. Pakistan should therefore continue to stand beside the brave Kashmiris who have given unprecedented sacrifices for freedom and lend all the support possible for their just cause.