09-08-2003, 06:45 PM
Hi pervez,
we diverted the topic to other way,
as i started the topic due to the one sided decisions of SECP, SECP is the regulatory authority for Companies and Auditors as well, ICAP is the regulatory authority of Auditors, i m not against the SECP, but i was just telling people the attitude of SECP towards Chartered Accountants, SECP never penalized any company, can u tell me the name of any company who got its report qualified and on the basis of that qualification SECP took any action against that company, if u know then please let me know, it will be a precious addition to my knowledge,(also it will cool down me against SECP <img src=icon_smile_big.gif border=0 align=middle>) i m sure that u r not gonna tell me any name, bcaz SECP never took action against the culprit companies, It just used to call auditors in the court, thats why in my opinion SECP is not interested in regulating the companies, it just shows its "Cruel Intentions" against Chartered Accountants. <img src=icon_smile.gif border=0 align=middle>
S M R
we diverted the topic to other way,
as i started the topic due to the one sided decisions of SECP, SECP is the regulatory authority for Companies and Auditors as well, ICAP is the regulatory authority of Auditors, i m not against the SECP, but i was just telling people the attitude of SECP towards Chartered Accountants, SECP never penalized any company, can u tell me the name of any company who got its report qualified and on the basis of that qualification SECP took any action against that company, if u know then please let me know, it will be a precious addition to my knowledge,(also it will cool down me against SECP <img src=icon_smile_big.gif border=0 align=middle>) i m sure that u r not gonna tell me any name, bcaz SECP never took action against the culprit companies, It just used to call auditors in the court, thats why in my opinion SECP is not interested in regulating the companies, it just shows its "Cruel Intentions" against Chartered Accountants. <img src=icon_smile.gif border=0 align=middle>
S M R