10-02-2009, 09:06 PM
@ above
as per my understanding, issuance of capital rules are rules for interpretation of the law, n for a Chartered Accountant, the IFRS's n ISA's prevails above all, so before giving any certification in accordance with the issuance of capital rules or else auditor is required to assess fully all the assumptions used by the valuer besides considering its 'registered' status and else. ( which is also in practise in big 4 )
regards.
> it wznt the Ordinance infact..
as per my understanding, issuance of capital rules are rules for interpretation of the law, n for a Chartered Accountant, the IFRS's n ISA's prevails above all, so before giving any certification in accordance with the issuance of capital rules or else auditor is required to assess fully all the assumptions used by the valuer besides considering its 'registered' status and else. ( which is also in practise in big 4 )
regards.
> it wznt the Ordinance infact..