News
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Accountants regroup after 'year of hell'
Thousands of accountants are converging in Hong Kong for their five-yearly global congress, in the hope of salvaging a professional…
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IFAC's IAASB Invites Comments on its Operations and Guidance
(New York/Nov. 19, 2002) — The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC)…
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SEC proposes independent auditor rules
WASHINGTON — Carrying out the Sarbanes-Oxley corporate reform law, the Securities and Exchange Commission issued proposed rules Tuesday designed to…
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November sales tax returns dates for textile, ginners extended
ISLAMABAD (November 20 2002) : The Central Board of Revenue (CBR) has extended the time period for filing of sales…
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Pakistan rupee hits 26-month high versus dollar
KARACHI (November 19 2002) : The Pakistan rupee on Monday rose to 26-month high at Rs 57.90 for a dollar…
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Public sector entities allowed to invest surplus funds in non-government securities
ISLAMABAD (November 19 2002) : The government has allowed the public sector entities to invest surplus funds in the non-government…
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Securities, Exchange Commission of Pakistan to regulate non-bank financial institutions from Decembe
ISLAMABAD (November 19 2002) : The Securities and Exchange Commission of Pakistan (SECP) has said that the regulatory transfer of…
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National Investment Trust emerges as best performing fund: State Bank governor
KARACHI (November 19 2002) : The efforts of the management of National Investment Trust during the past year, coupled with…
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National Accountability Bureau decides to pay hefty rewards to informers
ISLAMABAD (November 19 2002) : The National Accountability Bureau (NAB) has decided to pay handsome amount of cash rewards to…
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Discount rate cut may have no effect on banks' lending rates
ISLAMABAD (November 18 2002) : The decision to cut the discount rate by 1.5 percent, taken by the State Bank…