News
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NASD Launches International Accounting Standards Symposium
Washington (Jan. 28, 2003)– Transparency and efficiency in capital markets are the key topics for “Global Adoption of International Accounting…
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New accounting standards for UK
LONDON – The British government introduced new accounting rules in a bid to shore up investor confidence in the wake…
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U.S. sues KPMG for fraud over Xerox accounting
The Securities and Exchange Commission yesterday filed a civil complaint against KPMG LLP and four current and former partners, saying…
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Amendment to bye-law 97 of Chartered Accountants Bye-Laws 1983
The Federal Government has approved the undermentioned amendments to bye-law 97 of Chartered Accountants Bye-Laws 1983. The date of effect…
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SEC's director calls KPMG 'reckless' in Xerox audit work
SAN DIEGO (Dow Jones/AP) — Accounting fraud remains a top priority for regulators and could spur lawsuits against accounting firms…
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Sales Tax Act 1990: Revenue Board vetting consultant's proposal to annul Third Schedule
ISLAMABAD (January 31 2003) : The Central Board of Revenue (CBR) has made some observations on the Maxwell Stamps proposal…
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SECP unveils code of corporate governance for insurance companies
ISLAMABAD (January 31 2003) : The Securities and Exchange Commission of Pakistan (SECP) has introduced the code of corporate governance…
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Habib Bank's profits soar to Rs 4.1 billion, a new record set in 2002
KARACHI (January 31 2003) : Habib Bank Limited (HBL) established a new record in the banking sector by achieving a…
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New bank to emerge after acquiring Doha Bank branch
KARACHI (January 31 2003) : A new bank, Trust Commercial Bank, will emerge after acquiring Doha Bank branch in Karachi,…
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Revenue Board asks cigarette makers to submit cost structure
ISLAMABAD (January 29 2003) : The Central Board of Revenue (CBR) has directed the cigarette manufacturers to submit the cost…
