News
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UK accountants best paid in the world
Chartered accountants, famously lampooned in Monty Python sketches, are laughing all the way to the bank, according to a survey…
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Women just don’t want to join big boys’ club
In 1998 Ruth Anderson of KPMG became the first female partner to be elected to the board of a Big…
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Union Bank and American Express launch credit cards
KARACHI (June 25 2003) : Union Bank and American Express on Tuesday launched 'Union Bank American Express Green and Gold…
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Revenue Board starts probe into illegal foreign exchange business
ISLAMABAD (June 25 2003) : On the complaint of State Bank of Pakistan (SBP), the federal tax authorities have started…
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Ghee mill-owners and Revenue Board agree to sort out general sales tax issue
ISLAMABAD (June 25 2003) : The Central Board of Revenue (CBR) and the ghee mill-owners on Tuesday agreed to amicably…
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Three categories not to get sales tax and additional tax exemption
ISLAMABAD (June 24 2003) : The Central Board of Revenue (CBR) would not extend sales tax/additional tax exemption under SRO…
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Write-off scheme Banks, DFIs settle Rs10.50bn bad loans
LAHORE, June 23: Banks and development finance institutions (DFIs) are stated to have settled over 19,000 nonperforming loans involving a…
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IAASB Issues Exposure Draft to Enhance Firm Quality Control Practices
In its ongoing efforts to ensure high quality performance by the world's auditors, the International Auditing and Assurance Standards Board…
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IASB issues standard on transition to International Financial Reporting Standards
Following recent decisions by various jurisdictions to adopt International Financial Reporting Standards (IFRSs), more than 90 countries will either require…
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ICMAP – Last date for direct admission announced
The Institute of Cost and Management Accountants of Pakistan (ICMAP) has announced that the last date for Direct admission (no…