News
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PCAOB Releases Findings on Big Four
The Public Company Accounting Oversight Board in the US recently revealed findings from a six-month investigation of the nation's Big…
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New Publication Addresses Audit Issues Arising From the First-Time Adoption of IFRS
To help auditors address reporting issues arising from the first-time adoption of International Financial Reporting Standards (IFRSs), the staff of…
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Paper Clarifies Internal Auditing's SOX Role
The Institute of Internal Auditors (IIA) in the US has issued a position paper clarifying the role of the internal…
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Computer Crashes: Scarier Than the IRS?
While nine out of 10 Americans agree that technology has made their lives easier, they are more likely to fear…
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Change of Nomenclature of CPE and CPD Credit Hours
With a view to gradually start conforming to International Education Standard on Continuing Professional Development (CPD) IES 7, the Council…
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Duty drawback on PSF-based textile items to be raised
ISLAMABAD (August 25 2004): The Central Board of Revenue (CBR) has decided to enhance duty drawback rates on the export…
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Services sector grossly under-taxed: CBR Chairman Yusuf
ISLAMABAD (August 24 2004): The Chairman Central Bureau of Revenue, Abdullah Yusuf has said that services sector was grossly under-taxed,…
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ACCA announces June 2004 examination results
The Association of Chartered Certified Accountants (ACCA) has announced results of its examinations held in June 2004. The results were…
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Shell profit rises 20 percent in fiscal year 2004
KARACHI (August 20 2004): The profit of Shell Pakistan Limited in the year ended June 30, 2004 rose 20 percent…
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Drawback on diesel generating sets reduced
ISLAMABAD (August 20 2004): The Central Board of Revenue (CBR) has reduced duty drawback on the export of diesel generating…
