News
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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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Packages Ltd issues first commercial paper
KARACHI (January 31 2003) : The corporate sector of the country for the first time would see a floatation of…
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All pharmaceutical companies allowed duty drawback facility
ISLAMABAD (February 01 2003) : Taking a major step to boost the export of pharmaceutical products, the government on Friday…
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Duty drawback allowed on Bopp film, mosaic marble
ISLAMABAD (February 02 2003) : To facilitate three sectors to enhance exports, the Central Board of Revenue (CBR) has given…
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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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Pakistan State Oil sale pre-bid moot put off to February 19
KARACHI (January 29 2003) : The second pre-bid meeting to sell 51 percent shares in Pakistan State Oil has now…
