News
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International donors and CBR agree on revamping terms of reference
ISLAMABAD (January 21 2003) : To completely revamp the tax machinery, the international donors and Central Board of Revenue (CBR)…
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State Bank sets Rs 30 billion treasury bills auction target
KARACHI (January 21 2003) : The State Bank has set the target of Rs 30 billion for the sale of…
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Deloitte chief quits amid contorversy
Deloitte Touche Tohmatsu chief executive Domenic Martino has quit his post, amid controversy surrounding his previous involvement with the failed…
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Big Four Escape SEC Wrath
While the Securities and Exchange Commission has trumpeted its record 598 enforcement actions for 2002, a Washington Post investigation noted…
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Accounting firms offer to open their books to public scrutiny in UK
Accounting firms have for the first time offered to open their books to public scrutiny as part of a package…
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PwC Outlines Strategies for Internal Control Framework
PricewaterhouseCoopers has released to the public a white paper on how executive officers can meet new reporting requirements mandated by…
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Big accounting firms difficult target for SEC
WASHINGTON – The last fiscal year was a busy one for enforcement at the Securities and Exchange Commission. As departing…
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Reforms to exorcise auditing's dark side
Changes to the way audit committees are bodied are aimed to prevent an Enron-style scandal happening in the UK, says…
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Accountant gets jail time in fraud in the US
“Creative accounting” almost a half million dollars worth – on clients' tax returns has landed a Bronx tax preparer a…
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CIMA – Updated examination format
From the May 2003 exams all Intermediate level papers, except for Systems and Project Management, will carry 20 marks worth…
