World Accounting Day Celebrated at National Textile University Faisalabad
By Zafar Chishti
FAISALABAD: The NTU Society of Accounting and Finance at Faisalabad Business School, National Textile University (NTU), observed World Accounting Day on Tuesday, November 10, commemorating the legacy of Fra Luca Pacioli, widely recognized as the Father of Accounting.
World Accounting Day is observed annually on November 10, marking the publication of Pacioli’s influential book in 1494, which described the double-entry bookkeeping system that continues to serve as a foundation of modern accounting worldwide.
The event was organized under the supervision of the society’s convener, Dr. Muhammad Zia ur Rehman, and Dr. Tanveer Bajwa. A large number of faculty members and students attended the celebration.
The activities included a cake-cutting ceremony, a quiz competition, and food and other stalls arranged by students, creating an engaging and educational atmosphere on campus.
Rector Highlights the Importance of Accounting
Addressing the participants, NTU Rector Dr. Rashid Masood described accounting as the language of business. He emphasized that accuracy in financial reporting builds trust among companies, investors and society.
He encouraged students to uphold professional ethics and remain informed about emerging technologies in the accounting field.
Business School Dean Appreciates Students’ Efforts
Dean of Faisalabad Business School Dr. Sajjad Ahmed Baig appreciated the efforts of the NTU Society of Accounting and Finance and its organizing team.
He said such activities help students connect classroom learning with professional practice and develop a better understanding of their future careers.
The celebration highlighted the importance of accounting education, financial transparency, professional ethics and technological awareness in preparing students for the evolving business environment.
