News
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Revenue Board fails to recover Rs 200 million from two companies
ISLAMABAD (April 16 2003) : The Central Board of Revenue (CBR) has failed to recover Rs 200 million from two…
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U.S. accounting board votes to set auditing rules
The new U.S. board set up to regulate accountants on Wednesday voted to take over responsibility for setting auditing rules,…
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AMR's auditor issues going concern warning
AMR Corp.'s independent auditor raised doubt about the company's ability to continue as a going concern, according to a U.S.…
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Pakistan goods declaration at sea and air ports brought at par with world standard
KARACHI (April 15 2003) : Pakistan Goods Declaration (PGD) at sea and air ports has been brought at par with…
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CBR to allocate national tax numbers to all taxpayers
ISLAMABAD (April 15 2003) : The Central Board of Revenue (CBR) has decided to allocate National Tax Numbers (NTNs) to…
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State Bank invites suggestions for revised Prudential Rules
KARACHI (April 15 2003) : The State Bank on Monday said that it has been decided to revise the existing…
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Silicon Valley Companies Beefing Up Internal Audit Divisions
Forget flamboyant chief executives, high-rolling venture capitalists and fast-talking analysts. These days, the hottest job in Silicon Valley is…internal auditor.…
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ICMAP – Circular issued regarding exam of Industrial Relations Ordinance 2002
Institute of Cost and Management Accountants of Pakistan (ICMAP) has released the following circular regarding Industrial Relations Ordinance 2002 for…
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Commercial import of furnace oil may be allowed
ISLAMABAD (April 14 2003) : The government is expected to allow commercial import of furnace oil in a couple of…
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Sales tax refund claim on fake invoice to be treated as tax fraud
ISLAMABAD (April 14 2003) : To control the phenomenon of fake/flying invoices, the buyer of the fake invoices would be…
