News
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Leaders of Accounting Profession Support Actions to Strengthen Profession and Corporate Governance
Last week, the International Federation of Accountants (IFAC) convened a meeting of more than 40 global representatives of the accountancy…
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Global accounting standards too important to fail now says ACCA
ACCA (the Association of Chartered Certified Accountants) deplores the possible delay in European take-up of the new International Accounting Standards…
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Sales tax concession: Revenue Board rectifies communication glitch
ISLAMABAD (February 12 2004): To discourage deliberate delay in payment of sales tax, the Central Board of Revenue (CBR) has…
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Ernst & Young completes 80 years in Middle East
Ernst & Young, the Middle East's largest assurance and business advisory firm, has completed their 80th year of operations in…
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Big Four Lose Clients As Smaller Firms Gain
In 2003 each of the accounting profession's biggest firms lost more public company audit clients than it acquired, while smaller…
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Corporate Banking Regulations amended
KARACHI (February 11 2004): The State Bank on Tuesday made amendments in the Prudential Regulations for Corporate and Commercial Banking.…
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Rules for Banks and DFIs: brokerage subsidiaries be kept at arms length
KARACHI (February 11 2004): The State Bank on Tuesday emphasised the need to ensure that the relationship between a bank…
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Import of new and old cars allowed: Cabinet reduces duties on small CKD, CBU vehicles
ISLAMABAD (February 12 2004): The Federal Cabinet on Wednesday decided in principle to allow import of cars, both new and…
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Seven non-binding indicative bids received for 'Dalda'
KARACHI (February 12 2004): Unilever Pakistan Ltd has received seven non-binding indicative bids from local as well as international companies…
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Eurobond issue heavily oversubscribed
ISLAMABAD (February 12 2004): A long list of diversified investors was offering $ 1.8 billion for $ 500 million Pakistan…
