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GCA CONSULTANTS

GCA CONSULTANTS

GCA CONSULTANTS – ANNUAL REPORT 2018 www.gcaofficial.org

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Contents:

Vision ............................................................................................................................................................ 6
Cover story.................................................................................................................................................... 6
Core Values ................................................................................................................................................... 1
Mission.......................................................................................................................................................... 1
GCA ‘Zaabta-e-Ikhlaq’ .................................................................................................................................. 2
Historic Journey So Far ................................................................................................................................. 3
Who We Are: ................................................................................................................................................ 6
Scope of Our Activities: ................................................................................................................................ 6
POLICY STATEMENT OF ETHICS & BUSINESS PRACTICES: ........................................................................... 7
GCA Teachers Survey - 2018 ........................................................................................................................ 8
GCA become participating organization on Global Ethics Day 2018 ........................................................ 19
GCA clarify the doubts ............................................................................................................................... 20
GCA nomination in CASA (N) elections in December, 2017 ...................................................................... 21
GCA support to ACCA election nominee ................................................................................................... 30
200 plus shares of noble cause by GCA.................................................................................................... 33
GCA arranged free revision classes .......................................................................................................... 34
GCA appreciating CA Women Day .......................................................................................................... 35
GCA Incident Reporting on ICAP ........................................................................................................... 39
Assessing ICAP Dubai office progress .................................................................................................... 44
PCSC – 02 issue ......................................................................................................................................... 45
GCA condemning offensive remarks on our beloved institute “ICAP” ................................................ 46
Exposing the double face ......................................................................................................................... 47
GCA raising their voice against female harassment in CA firms across Pakistan. ............................... 48
GCA D4C (Drive For Change) ................................................................................................................. 49
GCA counselling to MAC + ITMAC students ........................................................................................ 60
GCA gets 100% response rate on queries from FB.................................................................................. 61
GCA highlights examiner conclusion on result ...................................................................................... 62
GCA shared names of IFAC approved accountancy bodies .................................................................. 62

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GCA highlighting server breakdown in AFC examinations ................................................................... 66


GCA guide on ATAX open book exam .................................................................................................... 67
GCA stakeholders ...................................................................................................................................... 68
E-Books Databank .................................................................................................................................... 71
GCA - Consolidated Past Papers .............................................................................................................. 71
GCA Official – Karachi.............................................................................................................................. 71
Excenture Consultants – GCA Consultancy Wing.................................................................................. 71
Result Analysis Updates ............................................................................................................................. 73
Winter – 2017 Attempt .............................................................................................................................. 73
Spring – 2018 Attempt ............................................................................................................................... 75
Autumn – 2018 Attempt ............................................................................................................................ 83
Winter – 2017 Attempt .............................................................................................................................. 85
Summer – 2018 Attempt ............................................................................................................................ 87
GCA Whatsapp Group: ............................................................................................................................... 91
GCA Past Paper Analysis: ........................................................................................................................... 92
GCA Mock Exam Database: ........................................................................................................................ 92
GCA Weekly Email Alerts: .......................................................................................................................... 93
GCA Wild Arts: ............................................................................................................................................ 93
Feedback and Suggestions: ........................................................................................................................ 94

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GCA CONSULTANTS

Originating from modest beginning, GCA Consultants


has transformed into a dynamic and innovative
non-governmental / non-profit organization,
working for the development of professional
accountancy & members/students of such
professional accountancy over GCA Consultants
illustrious history. With the initiation of digital
transformation
that will assist in shaping the future for decades to come,
GCA Consultants is proud to celebrate its evolution for a new
age.

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Vision
To be a leading national social media enterprise with global
aspirations, effectively pursuing multiple growth opportunities,
maximizing returns to the stakeholders, remaining socially
and ethically responsible.

Cover story
Our cover for this year reflects on our commitment to enhance value for all our stakeholders, driven
through determination and resilience.

In our pursuit to build a sustainable future, we have focused on providing holistic solutions in
diversified sectors that we believe will lead to a stronger and brighter tomorrow for our Country.

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: gcaofficial@gmail.com OR gcaconsultants@gmail.com

Warm Regards

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

SAY NO TO
CORRUPTION
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Core Values
Impeccable Integrity Making a Better World

GCA is honest, transparent & ethical in our We care about and actively contribute to the
dealings at all times. community in which we live.

Bringing out the Best in All of Us Demonstration a Passion for


Winning
GCA are empowered leaders, who are
inspired by new challenges and have a bias for We deliver what we promise.
action.

Mission
• To provide value added services to our customers.
• To provide high tech innovative solutions to meet members’ requirements.
• To create sustainable value through growth, efficiency and diversity for all
stakeholders.
• To play a proactive role in contributing towards the society.

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GCA ‘Zaabta-e-Ikhlaq’
At GCA Consultant, we seek uncompromising integrity through each individual’s
effort towards quality services for our members, maximizing returns and making
sizable contributions to the Chartered Accountancy profession.

Our social media success is dependent on trusting relationships. Our reputation is


founded on the integrity of the GCA Consultant personnel and GCA Consultant
commitment to the principles of:

• HONESTY in communicating within the GCA social media forum, while at the
same time protecting the GCA Consultant confidential information and trade secrets.

• EXCELLENCE in high-quality services to our members.

• CONSISTENCY in our words and deeds.

• COMPASSION in our relationships with our members and the communities


affected by us.

• FAIRNESS to our fellow members, stakeholders and partners through adherence


to all applicable laws, regulations and policies and a high standard of moral behaviour.

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Historic Journey So Far

2018 GCA started GCA-D4C (Drive for Change) campaign to change the mindset
of chartered accountancy fraternity in particular and masses in general. GCA
had successfully developed the largest social media platform for
announcement of firm inductions during the whole year. Further, GCA is
also contributing towards assiting our members in securing a reasonable job.

2017 Two GCA admins become “CA Pakistan Brand Ambassador”. Consistent with
prior year, GCA nominated four CASA representatives for North region CASA elections
in 2017.

2016 GCA worked for the betterment of their members. GCA nominated two CASA
representatives for North region CASA elections in 2016.

2015 GCA started WhatsApp group, LinkedIn, twitter, GCA email alerts to serve our
members in a better and effective way.

2014 GCA started correspondence with ICAP & CASA.

2013 GCA started classes for Islamabad students and got exceptional result by the grace
of Al- Mighty ALLAH.

2012 GCA was maturing and growing by leaps and bound.

2011 GCA was in growth phase.

2010 GCA page & first GCA website was formed.

2009 GCA was formed/incorporated at the end of this year.

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2018 in Numbers
GCA Website FB group
Views members

4.17 million 45,995

FB page
members

77,893

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2018 HIGHLIGHTS
JANUARY
• Conducted interviews of CASA (North) & (South)
nominees who will work with GCA for student related
matters.

FEBRUARY
• GCA started GCA-D4C compaign to change the
mindsets.

OCTOBER
• GCA become official participating organisation on
Ethic Compliance on Global Ethics Day 2018.

NOVEMBER
• GCA officially launched their Youtube channel.

DECEMBER
• GCA updated AAFR syllabus vedio for CFAP students
on our Youtube channel.

2018 YEAR
• Remained as number 01 sought FB page for providing
updated information to our members.

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Who We Are:
GCA Consultants 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.

CEO's Message:
In a very short span of 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, authentic and earliest news of latest happenings in accountancy world

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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 gcaconsultants@gmail.com and we'll share with people.
Also send us all the useful content you have at gcaconsultants@gmail.com and we'll add to our web
with your name (if you intend).

POLICY STATEMENT OF ETHICS & BUSINESS


PRACTICES:
It is the policy of GCA Consultants to follow the highest code of ethics and standards of conduct.
It is the obligation of every one of us to act responsibly; that is, to be honest, trustworthy,
conscientious and dedicated to the highest standards of IFAC & ICAP ethical practices.

• The GCA Consultants reputation and its actions as a legal entity depend on the conduct of its
Admins. Each one of us must endeavor to act according to the highest ethical standards and to be
aware of and abide by applicable laws.

• GCA Consultants all must ensure that our personal conduct is above reproach and complies with
the highest standards of conduct and ethics, and have the obligation to ensure that the conduct of
those who work around us complies with these standards. The GCA Consultants Code of Ethics
and Code of Conduct will be enforced at all levels fairly and without prejudice.

• This code to which the GCA Consultants is committed in maintaining the highest standards of
conduct and ethical behavior is obligatory, both morally as well as legally and is equally applicable to
all the Admins of the GCA Consultants who all have been provided with a personal copy.

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GCA Teachers Survey - 2018

GCA conducted polling on GCA FB groups and page on best teaching faculty available in Pakistan
for chartered accountancy courses. These surveys are also available at GCA FB page. Survey results
are as follows.

AFC TEACHERS IN PAKISTAN

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CAF TEACHERS IN PAKISTAN

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CFAP TEACHERS IN PAKISTAN

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GCA become participating organization on Global Ethics Day


2018

#GCA proudly announced to be a participating organisation on #globalethicsday2018. Together,


let’s work to make ethics matter. #ICAP#CAPAKISTAN

For #GCA, #GCA think, the meaning of code of ethics is best understood when translated in
Urdu. It is a #GCAs 'zaabta-e-Ikhlaq'

Global Ethics Day 2018

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GCA clarify the doubts

GCA heard the latest orientation session of an honorable teacher from a city in Pakistan where he
announced that ICAP members don’t consider ACCA as a Chartered Accountants. To clarify the
matter, following clarification had been given by GCA.

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GCA nomination in CASA (N) elections in December, 2017

Here you can find the detailed profiles of CASA (N) elections 2017 candidates along with questions
asked by GCA and answers given by them. As part of our procedure, we shall give equal coverage to
all the candidates along with scores based on our opinion. You can freely choose the right candidate
for vote as per your opinion.

Note: GCA scores are purely based on questions asked by us and answers given by candidate. No
other factors were considered during the scoring process. You are advised to make your own
judgement after reading their profiles. https://www.gcaofficial.org/casaelections2017.html

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Winners of CASA (N) elections 2017 as per our group voting are AFF and KPMG candidates.
Actual voting results from ICAP are awaited.

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Final official results of CASA elections 2017 as announced by ICAP on their website was as follows.
Congratulations to Ahmed and Uzair.

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CASA (N) Election Results Comparison

Winners of CASA elections 2017 are available for resolution of your issues and suggestions. In case
they are not reachable or your issue is not resolved, you can always contact GCA. Unfortunately,
compared to prior years, CASA North taken the votes and become absent from the scene. GCA
decided in principle not to support any CASA campaign in future after such sad incident. GCA will
also not support any unfruitful event of CASA in future like cricket tournament. Ms Mehak Madad
Ali was the first one in the list who betrayed with GCA after CASA elections.

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GCA nominates CASA (S) candidate for CASA elections held on January 10th, 2018.

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CASA – South election campaign


Congratulations to CASA South Winners
1. Hunain Pirzada - Deloitte
2. Hamid Bashir - BDO
3. Mehak Madad Ali - KPMG
4. Farrukh Ali - UHY
#GCA

#GCA Nominee conversation for #CASA South Elections #ICAP


Link # 01 Link # 02 Link # 03

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GCA support to ACCA election nominee


Arslan Shabbir is our sponsored candidate for ACCA Members Committee Election. Your support
to him shall be highly appreciated. Standard questions were asked from him and responses were
documented which are shared in the attachment. ACCA members can cast their vote by visiting the
link in email received from ACCA. If you are also a nominee for ACCA elections and want to be
sponsored by GCA, contact us in inbox.

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200 plus shares of noble cause by GCA

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GCA arranged free revision classes

GCA while keeping the tradition to serve the masses in their best interest, GCA once again arranged
MAC + ITMAC revision classes at Lahore for ICAP students to cater their educational needs and
requirements. Around students attended the session and took guidance from the teachers to pass
MAC + ITMAC exam as to avoid MSA and become a qualified Chartered Accountants. Click Here.

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GCA appreciating CA Women Day

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GCA Incident Reporting on ICAP

An unfortunate incident happened at ICAP Islamabad office during Summer – 2018 attempt inside
examination hall. Details are as under:

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Assessing ICAP Dubai office progress

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PCSC – 02 issue
ICAP fifteen days before examination sent a message to all examinees that they had to send PCSC
02 certificates by mentioned date otherwise they will not be allowed to appear in exam. This message
and later a courier letter created a tense environment which had been instantly resolved on priority
basis by talking with relevant persons. Later, this issue was amicable resolved and courier letter sent
to all students stood cancel.

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GCA condemning offensive remarks on our beloved institute “ICAP”

The reason for offensive remarks is presented below:

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Exposing the double face

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GCA raising their voice against female harassment in CA firms


across Pakistan.

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GCA D4C (Drive For Change)

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GCA counselling to MAC + ITMAC students

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GCA gets 100% response rate on queries from FB

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GCA highlights examiner conclusion on result

GCA shared names of IFAC approved accountancy bodies

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GCA highlighting server breakdown in AFC examinations

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GCA guide on ATAX open book exam

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GCA stakeholders

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E-Books Databank
A large Number of Books are Available for Download in GCA E-Book Library, E-books are
provided for Free on Member’s Request. Members can access the e-book library at the link given
below:
Click Here
Further, many sections of GCA website had been updated to bring the information and material at
par with the requirements of latest ICAP education scheme syllabus.
Members can send their request for any specific book at gcaofficial@gmail.com OR
gcaconsultants@gmail.com

GCA - Consolidated Past Papers


To provide an ease and one link facility to all students in terms of downloading all past papers and
related material of old and new scheme of all stages, GCA had consolidated all past papers,
examiners’ comments, marking plan and suggested solution in one file for all students’ ease. GCA
hope that this small step will facilitate all students in downloading all material just by one click. Such
material is updated once a year. You can download the one-click link here.

GCA Official – Karachi


This new link had been created to provide all related study material from Karachi region accessible
to all students in Pakistan. This is a small step to consolidate all material in one place and GCA hope
that this small endeavor will help students in materializing their goals. To get facilitation from the
new link, Click Here

Excenture Consultants – GCA Consultancy Wing

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Excenture is a privately-owned consultancy firm committed to provide excellent financial and


advisory services to its clients. It is formed by the owners of GCA Consultants, a global education
consultancy as an extension to their activities. We provide financial advisory services both in
freelance and on-site mode. For further details, visit Excenture Consultants

GCA Blog
This blog provides a separate discussion forum to arrange issued faced by professionals and keep
track of such discussions outside our Facebook discussion forum, where is it not possible to keep
such track. Visit here GCA Blog

GCA Advertisements

GCA provides platform to those persons who want to get maximum publicity of their information
reached to masses can use this way to reach the maximum possible number of recipients. For details,
GCA Advertisements

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Result Analysis Updates

AFC Examinations
Winter – 2017 Attempt

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Spring – 2018 Attempt

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Summer – 2018 Attempt

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Autumn – 2018 Attempt

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CAF Examinations

SPRING – 2018 ATTEMPT

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Autumn – 2018 Attempt

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CA Final Examinations

Winter – 2017 Attempt

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Summer – 2018 Attempt

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GCA Requests to ICAP


GCA had started using their platform to convey the major issues faced by students via dealing with
ICAP in any matter through a request to ICAP mode. Details of this mode is given in detail at
relevant places.
GCA activities during the year
GCA updated their members via FB group, FB page and email alerts with 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 Coverage of ICAP Council Report & Financials
GCA covered the whole ICAP council report & financials for the year ended June 30 th, 2018 via FB
page and groups to update all the concerned stakeholders regarding latest developments at Institute
during the whole financial year.
GCA Vedios
GCA had started to produce vedios on important topics and areas so as to convey the message
through better communication mode. Members can view the GCA Vedio link by clicking here.
GCA Queries Response
GCA also answer student specific queries received at following email addresses on daily basis.
1. gcaconsultants@gmail.com
2. gcaofficial@gmail.com

GCA Comics Page


GCA set up a comics’ page to entertain and convey their message in a light way to their audience.
This page is updated on regular basis and is widely appreciated among the masses. For more click
here.
GCA Job Bank/Inductions Alert
GCA Consultants is the largest jobs database and induction alerts forum for all chartered
accountancy firms desirous of hiring trainees for ICAP approved articles. Majority of chartered
accountancy firms share their induction alert requirements and GCA share all such requirements on
FB group and FB page for all ICAP students and members benefit. This aim is to aid the students

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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:
gcaconsultants@gmail.com

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 200 followers on GCA Consultant twitter account. We look
forward for member participation to spread our efforts to all interested stakeholders. GCA can
be viewed at twitter by clicking here.

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 1000 plus connections on GCA Consultant Linkden
account. We look forward for member participation to spread our efforts to all interested
stakeholders for their maximum advantage. GCA can be accessed at Linkden by clicking here.

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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, 2018, we had eleven (12) GCA Consultants whatsapp group running very

effectively and productively with around 3500 members. You can also become GCA whatsapp
group member by submitting your details by clicking here.

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.

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GCA Past Paper Analysis:

CAF Stage
GCA launched past paper analysis of CAF stage examinations this year. GCA will revise the past
papers of period commencing on and after Autumn 2014 in March 2019 to cater latest changes in
syllabus. This analysis will be updated on six monthly basis onwards.

CFAP Stage:
CFAP past paper analysis will be available to all desirous students in the first quarter of 2019. This
analysis will be updated on six monthly basis onwards.

MSA Stage:
GCA is regularly updating MSA level past papers analysis of MSA examinations every six months.

GCA Mock Exam Database:

GCA ensure availability of all mock exams to C.A. students inside and outside Pakistan conducted
by ICAP approved RAET’s to facilitate them in their exam preparation to some extent. Such mock
exams will never be a surety that ICAP examinations will contain 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), study text and past papers as it is better decision not to take any risk in ICAP
examinations.

Mock exam database collection is available at following link.

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GCA Weekly Email Alerts:

GCA send weekly email alerts to all of its subscribers who got registered on our website. Till
December 31st, 2018, 3000 members had subscribed our email subscription. This service helps
member is getting weekly updates at their email address and to stay informed and updated of all
latest developments within the profession.
Aspiring members can also become by visiting this link: http://www.gcaofficial.org/become-
member.html

GCA Wild Arts:

Conveying your messages through pictorial way is a best way to express your imaginations and
desires in front of audience and GCA feels proud to use this mode for conveying their ideas in a
lethal way.

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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 http://www.gcaofficial.org
Email: gcaconsultants@gmail.com
gcaofficial@gmail.com
Facebook Page: http://www.facebook.com/gcaofficial
Facebook Group http://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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