News
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Pakistan is top share index in 2002, Germany worst
LONDON (January 01 2003) : As stock markets ground to the end of another troubled year on Tuesday, Pakistan's stood…
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SBP allows third-currency exposures to importers
KARACHI (January 01 2003) : The State Bank of Pakistan has announced that third-currency exposures would also be available for…
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Karachi Stock Exchange index crosses 2700 mark
KARACHI (January 01 2003) : Equities marched upward and the KSE-100 index for the first time crossed the 2700 mark…
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CBR to hire industrial experts for checking tax evasion
ISLAMABAD (January 01 2003) : The Central Board of Revenue (CBR) has decided to acquire the services of industrial specialists…
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Duty drawback facility on wheelbarrow tyres, tubes allowed
ISLAMABAD (December 31 2002) : The Central Board of Revenue (CBR) has announced duty drawback facility on the export of…
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KPMG talks of implementing IAS globally
KPMG, one of the world's largest accounting firms, plans to enhance efforts to have countries adopt by 2005 a set…
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The last gasp at Andersen
Arthur Andersen, the auditor, had by the fall of 1940 made enough of a mark on the accounting profession that…
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Unilever keeps faith with PwC despite higher charges
Unilever, the consumer goods giant, has reappointed PricewaterhouseCoopers as its auditor despite the accounting firm's decision to raise its fees.…
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Auditors crack whip, preach tough love post-Enron
NEW YORK, Dec 30 (Reuters) – Accounting firms, after months of criticism that they were too cozy with their audit…
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Auditor's insurance fees skyrocket
Insurers are raising the fees they charge accounting firms because of heightened concern over recent balance-sheet scandals and some insurers…
