News
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Deloitte distances itself from Alitalia figures
Alitalia's auditor Deloitte and Touche said today it was unable to form an opinion on the troubled airline's full-year 2003…
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SECP approves merger of three companies into FSIBL
LAHORE (June 08 2004): The Securities & Exchange Commission of Pakistan (SECP) has sanctioned the schemes of merger/amalgamation of Paramount…
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Outsourcing may not be best option for businesses: Ernst & Young
Singapore: Outsourcing has been a global catch-phrase in recent years as one way for companies to reduce costs, and Singapore…
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State Bank relaxes 'B' category foreign exchange company rules
KARACHI (June 06 2004): The State Bank has relaxed the rules, for establishment of 'B' category exchange companies, by reducing…
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Exporters to get new incentives in budget: DTRE scheme being revamped
ISLAMABAD (June 08 2004): The Central Board of Revenue (CBR) will give new incentives to the exporters under the revamped…
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Rules for 'B' category exchange companies issued
KARACHI (June 08 2004): The State Bank on Monday issued rules and procedures for 'B' category of Exchange Companies which…
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Jewellers exempted from past sales tax liabilities
ISLAMABAD (June 04 2004): The Central Board of Revenue (CBR) has given exemption of past sales tax liabilities, ie, prior…
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IFAC Explores Budget Reporting for Governments and Need for International Public Sector Standards
A new Research Report commissioned by the International Federation of Accountants' (IFAC's) Public Sector Committee (PSC) considers best practices in…
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IFAC Ethics Committee Revises Ethics Code on Audit Partner Rotation
The Ethics Committee of the International Federation of Accountants has approved a revision to its Code of Ethics for Professional…
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IFRIC: Interpretation on Changes in Existing Decommissioning, Restoration and Similar Liabilities
The International Financial Reporting Interpretations Committee (IFRIC) has released IFRIC Interpretation 1 Changes in Existing Decommissioning, Restoration and Similar Liabilities.…
