Financial Accountant Journal-March-2014

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Inside PARTICULARS PAGE NO. Best Source of Guidance ‣ Perfection of Soul & Nobility The Prophet Muhammad (PBUH) Messages ‣ From the President 3 ‣ From the Chief Editor 3 Articles & Research Work ‣ Assessing Tax Gaps by Sector Analyses 4 GDP Vs. Tax Revenue Contribution in Pakistan ‣ Summarising <strong>Financial</strong> Data into Short Set of 8 Key Relationships Using Cash Flow Ratio Analysis ‣ Errors and Omission usually made in the 15 Public Sector ‣ Five Reasons for Unemployed 18 Success Story ‣ Mr. Mughis Khan-ACFAc 20 Events, News Updates & Others ‣ SOAE News & Events 21 ‣ SOAE-Affiliation/Recognitions 23 ‣ SOAE-National Coordinators` Team 25 ‣ SOAE-International Coordinators` Team 28 1
Perfection of Soul & Nobility The Prophet Muhammad (PBUH) 1 The Prophet, may Allah’s peace and blessings be upon him, was noted for superb eloquence and fluency in Arabic. He was remarkable in position and rank. He was an accurate, unpretending straight forward speaker. He was well-versed in Arabic and quite familiar with the dialects and accents of every tribe. He spoke with his guests using their own accents and dialects. He mastered and was quite eloquent at both Bedouin and town speech. So, he had the strength and eloquence of Bedouin language as well as the clarity and the decorated splendid speech of the town's people. Above all, there was the help of Allah embodied in the revealed Verses of the Qur'an. His stamina, endurance and forgiveness, while he was in a commanding position; his patience and firmness in unfavourable conditions, were all talents, attributes and qualities Allah Himself had given him. Even wise men have their shortcomings, but Allah's Messenger, may Allah’s peace and blessings be upon him, unlike everybody, the more he was hurt or injured, the more gentle and patient he became. The more rudeness and ignorance anybody exercised against him, the more enduring he became. His courage, his bravery and his might were distinct. He was the most courageous. He witnessed awkward and difficult times and stood fast at them. More than once, brave and daring men fled; yet he stood with full composure facing the enemy without turning his back. All brave men must have experienced fleeing once or have been driven off the battlefield at a time, except the Prophet, may Allah’s peace and blessings be upon him. 'Ali, may Allah be pleased with him, said: “Whenever the fight grew fierce and the eyes of fighters went red, we used to resort to the Prophet for help. He was always the closest to fighters went red, we used to resort to the Prophet for help. He was always the closest to the enemy.” (Ash-Shifa' 1/89) He was the most modest, and the first one to cast his eyes down. Abu Sa'id Al-Khudri, may Allah be pleased with him, said: “He was shier than a virgin. When he disliked something, we could read it on his face. 5 He did not stare at anybody's face. He would always cast his eyes down. He would look at the ground more than the sky. The most he would look at someone was by glancing. He was willingly and modestly obeyed by everybody. He would never name a person whom he had heard ill-news about something he hated, instead he would say: 'Why do certain people do so....” (Sahih Al-Bukhari 1/504.) He was the most modest person and far from being arrogant or proud. He forbade people to stand up for him as other people usually did for their kings. Visiting the poor, the needy and entertaining them were some of his habits. If a slave invited him, he would accept the invitation. He always sat among his friends as if he were an ordinary person among them. 'Aishah, may Allah be pleased with her, said that he himself used to repair his shoes, sew or mend his dress and do what ordinary men did in their houses. He used to check his own clothing. Milking the sheep and catering for himself were some of his normal jobs.( ibid 2/52) The Prophet, may Allah’s peace and blessings be upon him, was the most truthful to his pledges, and it was one of his qualities to establish good and steady relationship with his relatives. He was the most merciful, gentle and sociable of all people. His way of living was the simplest one.
Page 1: . ISSN 2226-0765 Financial Accounta
Page 5 and 6: 3 MESSAGE FROM PRESIDENT By the gra
Page 7 and 8: Assessing Tax Gaps by Sector Analys
Page 9 and 10: Assessing Tax Gaps by Sector Analys
Page 11 and 12: Summarising Financial Data into Sho
Page 17 and 18: Errors and Omission usually made in
Page 19 and 20: Errors and Omission usually made in
Page 21 and 22: Five Reasons for Unemployed 19 By :
Page 23 and 24: SOAE News & Events 21 ‣ SOAE Part
Page 25 and 26: SOAE - Affiliation/Recognition 23 T
Page 27 and 28: SOAE - National Coordinators 25 Nat
Page 29 and 30: SOAE - National Coordinators 27 Nor

Financial Accountant Journal-March-2014

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