News
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E&Y Dismisses SEC's Conflict Criticism
In a rare protest against the government, Ernst & Young is calling the Securities and Exchange Commission in USA “irresponsible”…
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Former Andersen Workers Find Job Switch Taxing
On May 13 a year ago, about 1,000 former Andersen partners and staff gathered for breakfast in a Hyatt Regency…
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Two companies penalised for not holding annual general meetings
KARACHI (June 04 2003) : The Securities and Exchange Commission of Pakistan (SECP) has imposed penalties on two listed companies…
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SEC Regulations in USA Place Heavier Burden on Accountants
Utah accountants say they face more work and more risk now that the Securities and Exchange Commission has adopted rules…
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UK company buys majority equity in IP Securities: new set-up named 'Capital One Ltd'
KARACHI (June 04 2003) : Asian Emerging Markets Investments Ltd (AEMI), a UK based company, has bought majority equity in…
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Tax rates to be lowered in budget: no new levy proposed; entire system to be simplified
ISLAMABAD (June 04 2003) : No new taxes will be introduced in the Budget 2003-04, rather tax rates would be…
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General sales tax to be raised to 20 percent on some raw materials
ISLAMABAD (June 03 2003) : The government would enhance general sales tax (GST) rate from 15 to 20 percent on…
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After scandals, G8 seeks wider accounting rules
Leaders of the Group of Eight (G8) world powers yesterday restated pledges to crack down on financial crime and called…
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Deloitte to integrate consulting services in South Africa
Deloitte & Touche, the professional services firm, plans to integrate its consulting services under one brand, as part of an…
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IBM says SEC probing its accounting practices
The Securities and Exchange Commission in USA has opened a formal investigation into the way International Business Machines Corp. booked…
