News
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IFAC Seeking Technical Manager for Small-to-Midsized Practices
The International Federation of Accountants (IFAC), a global organization of nearly 160 accounting bodies in 118 countries, is seeking candidates…
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BA, BSc BCom exams from 6th of December in Karachi
As many as 78,000 regular and external candidates are scheduled to appear in the Degree Annual Examinations 2003 conducted by…
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Revenue Board to encourage voluntary compliance by taxpayers
ISLAMABAD (December 01 2003): The Central Board of Revenue (CBR) is focusing on a methodology to encourage voluntary compliance by…
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Nishat Mills profit more than doubles
KARACHI (December 01 2003): Nishat Mills Ltd, Pakistan's largest textile factory, has said its full year profit has more than…
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IFAC Invites Comments on Ethics Code Revision on Audit Partner Rotation
The Board of the International Federation of Accountants (IFAC) has agreed to issue an exposure draft (ED) of a revision…
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IFAC Council Adopts Reforms to Improve Audit Quality Worldwide
The Council of the International Federation of Accountants (IFAC) has unanimously approved a set of reforms designed to strengthen international…
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Revenue Board pays Rs 5 billion as duty drawback to exporters
ISLAMABAD (November 30 2003): The Central Board of Revenue (CBR) has paid around Rs 5 billion as duty drawback to…
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Telecom tops M&A deals in first half: PwC
Large cross-border transactions and consolidation have marked an upturn in mergers and acquisitions (M&As) in the technology sector globally during…
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Big accounting firms not too big to fail: US audit regulator
The top US audit regulator on Tuesday said he had privately warned the Big Four accounting firms against thinking they…
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Deloitte & Touche offers settlement
Deloitte & Touche has offered a $32 million settlement for a class action lawsuit filed in respect the the Manhattan…