General
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XBRL Leaders Push for Global Acceptance
With standards of corporate reporting under intensifying scrutiny, Extensible Business Reporting Language (XBRL) is the silver lining in the cloud…
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An accountant wants nothing to do with the sales department
“It is a truth universally acknowledged, that an accountant in possession of a good fortune, wants nothing to do with…
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Contract Auditing: Strategizing for success
Any audit that involves either billings from or billings to third parties falls into the category of contract auditing. Audits…
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The audit profession: Center stage
Auditing, in general, has received mixed reviews in light of last year's series of corporate failures. Although internal auditors have…
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Creating a risk-intelligent organization
In the aftermath of last year's debacles and governance meltdowns, stakeholders are demanding greater transparency about the risks an enterprise…
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Fraud threats in organisations
Fraud includes the improper usage of resources and the misrepresentation of facts to receive gain. It is related to the…
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Has the time come for quarterly reporting?
Accountancy currently finds itself in the eye of the hurricane. Financial scandals, changes in the form of Basel II and…
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Top 10 Audit Deficiencies
How can auditors learn to more effectively detect financial statement fraud? One of the best ways is to “profit” from…
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E-commerce and its future in Pakistan
E-commerce is a very hot issue these days. After the revolution of Internet, more and more countries are getting involved…
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Getting the Right Balance
For busy accountants, balancing personal and professional lives can seem an impossible task. Many of us often assume we have…
