News
-
Action against delinquent mutual funds planned; United Money Market Fund launched
KARACHI (November 06 2002) : The Securities Exchange Commission of Pakistan has noted several irregularities in mutual funds management and…
-
Pre-bid meeting for sale of 51 percent Pakistan State Oil stake next week
ISLAMABAD (November 06 2002) : Privatisation Minister Altaf Saleem said that the pre-bid meeting for the sale of 51 percent…
-
New Fraud Standard Expands All Auditors Responsibility
The Auditing Standards Board of the AICPA has issued SAS No. 99, Consideration of Fraud in a Financial Statement Audit,…
-
FASB and IASB Agree to Work Together toward Convergence of Global Accounting Standards
LONDON, United Kingdom: The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) have issued a memorandum of…
-
IFAC Task Force Focuses on Restoring Credibility in Financial Statements
(New York/October 18, 2002) – Improving the credibility of financial reporting worldwide is the objective of a new task force…
-
IFAC Issues Exposure Draft on Compliance with International Financial Reporting Standards
(New York/Oct. 28, 2002) — The International Federation of Accountant's International (IFAC's) Auditing and Assurance Standards Board (IAASB) is proposing…
-
IAASB Seeks Comments on Audit Risk Guidance
(New York/Oct. 29, 2002) — Contributing to the improvement of audit quality worldwide, the International Federation of Accountant's (IFAC) International…
-
ICMAP – New press release regarding ICMAP Winter 2002 Exams
ICMAP have issued a press release regarding Winter 2002 Examinations: “Further to our earlier circular # Note-C1.02.09.2002 dated September 7,…
-
New conditions for power companies refund claims announced
ISLAMABAD (November 05 2002) : The Central Board of Revenue (CBR) has announced new conditions for claiming sales tax refund…
-
Revenue Board to educate taxpayers on new income tax law
SIALKOT (November 05 2002) : The Central Board of Revenue is set to initiate taxpayers facilitation campaign this month across…
