News
-
Companies rules governing deposits amended
KARACHI (October 18 2003): The Securities and Exchange Commission of Pakistan (SECP) has amended the companies rules governing deposits aimed…
-
Hubco approves 21 percent dividend
KARACHI (October 16 2003): Hub Power Company Limited approved 21 percent dividend at the annual general meeting on Wednesday. A…
-
Nine banks penalised for helping loan pyramidising
KARACHI (October 16 2003): The State Bank of Pakistan has so far penalised about nine banks for wilfully collaborating with…
-
New Accounting Rules Due to Promote Transparency
Regulators in Korea plan to order big companies with many subsidiaries to publish consolidated financial statements quarterly and semiannually. Listed…
-
Accountants must change mindset: ACCA
Accountants must change their mindset if the profession was to regain its reputation following global scandals, according to an industry…
-
Oversight chief: Auditors are on their own
The head of the Public Company Accounting Oversight Board in US says that there's no safety net protecting the Big…
-
U.S. Auditing Oversight Board Begins Policing Role
After a rocky start, the government's accounting oversight board is getting down to the business of policing the nation's most…
-
SEC votes to give shareholders more say on directors
The Securities and Exchange Commission in USA proposed rules Wednesday that could strip away some of the power that CEOs…
-
Back to the drawing board for proposed auditing standard
The IFAC proposal for an auditing standard on reviews of interim financial information should not be adopted in its current…
-
'Prudential Regulations for SMEs next month'
KARACHI (October 15 2003): The State Bank of Pakistan (SBP) will notify Prudential Regulations for Small and Medium enterprises (SMEs)…
