10-02-2009, 02:55 PM
Dear awaisaftab,
IAS-27 is notified by SECP and is applicable in Pakistan. As stated by KamranACA, ICAP has given opinion that all holding companies are required to prepare and submit consolidated accounts as well as standalone under CO1984.
For group taxation, i have started a new topic in tax section of this forum last day. Lets see what would be there.
Regards,
*
IAS-27 is notified by SECP and is applicable in Pakistan. As stated by KamranACA, ICAP has given opinion that all holding companies are required to prepare and submit consolidated accounts as well as standalone under CO1984.
For group taxation, i have started a new topic in tax section of this forum last day. Lets see what would be there.
Regards,
*