KARACHI, (Pakistan Point News - APP - 23th August, 2016) : Bilal Syed, a US expert on automated budgeting and finance, has said that the financial operations in U.S. are carried out mostly through electronic medium. He said this during his lecture to the faculty of Sindh Madressatul islam University (SMIU) here on Wednesday. The subject of his talk was Automated Financial Operations in the USA. This lecture was a part of 10- Day Faculty Development Program, launched by SMIU for its faculty at its campus.
Bilal Syed said that in U.S. the budget is prepared two years before the intended year. Earlier, Dr Muhammad Ali Shaikh, Vice Chancellor of SMIU, in his remarks said that financial matters including preparation of budget and its transparent execution are very important for any country and any organization. He said that there are also certain limitations, rules and regulations for preparation and execution of budget. Dr Muhammad Ali Shaikh further said that our younger generation should learn from the life of Bilal Syed, a U.S. national of Pakistani origin, who has achieved such an important position in USA, through his hard work. A Question and Answer session was also held on the occasion, it was further stated.