News
-
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…
-
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…
-
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…
-
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.…
-
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…
-
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…
-
AICPA increases emphasis on industry-specific accounting guidance
Last month's public statement by the Financial Accounting Standards Board announcing plans to streamline the accounting rulemaking process is consistent…
-
Nonaudit services on the decline
Following the recent series of corporate accounting scandals in the United States, audit firms are performing less nonaudit work for…
-
KSE outperforms world stock markets, registers 109 percent growth
KARACHI (December 30 2002) : The Karachi Stock Exchange (KSE) during 2002 registered a significant growth of 109 percent and…
-
86 percent growth in foreign exchange reserves helps strengthen rupee
KARACHI (December 30 2002) : The country's foreign currency reserves in the calendar year 2002 recorded an unprecedented improvement of…
