News
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PwC: Business intelligence top IT priority
Companies may have hit the pause button on many of their information technology projects recently, but they'll continue work on…
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Ernst & Young's woes mount with Accredo lawsuit
Ernst & Young, it would seem, gets no respite these days. The accounting firm, whose name has been dredged up…
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Banks' equity investment: KSE asks State Bank to raise limit to 40 percent
KARACHI (May 05 2003) : The Karachi Stock Exchange (KSE) has suggested to the State Bank of Pakistan to raise…
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Eligible exporters list to be finalised: CBR starts 'green channel' sales tax refund system
ISLAMABAD (May 05 2003) : Giving go-ahead signal to the collectorates to start 'green channel' refund system, the Central Board…
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U.S. plans full probe of big accountants
An official of the new U.S. accounting oversight board outlined plans for full inspections of the Big Four accounting firms…
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'Scoundrel' accountant jailed
A judge in U.K. has labelled an accountant a “scoundrel” and “thoroughly dishonest” as he jailed him for stealing more…
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CBR rejects two budget proposals by consultant
ISLAMABAD (May 04 2003) : The Central Board of Revenue (CBR) has rejected a major budget proposal floated by consultant…
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SBP asks banks, DFIs to appoint COs
KARACHI: The State Bank of Pakistan has asked banks and development financial institutions (DFIs) to put in place a compliance…
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South Asian accountants concerned at life after WTO
“To achieve our objectives, the accountancy profession must get closer to the corridors of power”, said Jamaluddin Ahmed, past president…
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Accountants urged to restore confidence
Head of an accounting firm, S Masoud Ali Naqvi said the accounting profession needs to restore confidence in the integrity…