Pakistan hospitality and tourism industry has great future.

Byline: Khalil Ahmed

Interview with Mr Ahmad Suleman Zahid - Director, Corporate General Solutions (Pvt) Limited

PAGE: Tell me something brief about yourself, please:

Ahmad Suleman Zahid: I am Member of the Institute of Chartered Accountants of Pakistan (ICAP) and Fellow Member of Pakistan Institute of Public Finance Accountants (PIPFA). Currently I am serving as Partner of Zahid Jamil and Co, Chartered Accountants, which is a Member Firm of Prime Global in Pakistan, and Director in Corporate General Solutions (Pvt) Ltd, Management and Information Systems Consultants. Apart from Professional Activities, I am also serving as; President of ICAP Toastmasters Club Faisalabad for year 2021-22, Member CPD and Publication Committee of PIPFA, Member Board of Trustees, Vice Chairman Standing Committee on Accounts and Finance and Vice Chairman Standing Committee on Education and Career Counselling of Sheikh Foundation Faisalabad and Executive Member of Faisalabad IT Companies Organisation (FITCO).

PAGE: What is your perspective about Audit and Business Process Re-Engineering of Hospitality and Tourism Industry of Pakistan?

Ahmad Suleman Zahid: There is huge potential for the growth of hospitality and tourism industry in Pakistan. In January 2020, travel magazine Conde Nast named Pakistan as its number one travel destination for 2020. The same year, the British Backpacker Society had also ranked the country as the number one travel destination in the world. Pakistan was one of the top 10 under-the-radar travel destinations for 2020, according to an article published by Forbes. Alhamdulillah this industry is growing in Pakistan but growth rate is slow due to the lack of Professionalism, Education and Training and Corporate Culture in this Industry. In future demand for Statutory Audits, Internal Audits and System Control Review and Business Process Re-engineering Services will increase with improvement of Professionalism, Education and Training and Corporate Culture in this industry. Ultimately demand for Professional Accountants and Management Consultants will also increase in this industry.

PAGE: What are your views about ERP for the Aviation Sector?

Ahmad Suleman Zahid: ERP is also a value-added service, like Internal Audit and BPR, for every Business Organization. It helps strategic or top-level management of every organization in planning effective utilization of its human, financial, material and machine resources. It ultimately helps in...