General
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Sales Tax Laws – Technical and Other Lacunas
Sales Tax was a provincial subject at the time of partition. It was being administered in the provinces of Punjab…
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Tax Year and Tax Rates
Professional accountants like members of ACCA, PIPFA, ICAP and ICMAP are aware of the concept of financial year in financial…
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Embedded Risk Management: The Auditors' Contribution
Most people seem to agree that "embedded" risk management sounds a good idea, and that "embedded" means "not something extra…
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Internal Audit – An Untapped Resource
Unfortunately in the past, internal audit was under-estimated and neglected arm of an organisation. Entrepreneurs in the past could not…
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Financial Reporting and IAS-12
International Accounting Standard number 12 was and is the most misunderstood International Accounting Standard in the financial reporting history of…
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Ten Steps to Help CFOs Sleep Better
In a recent survey conducted by Robert Half Management Resources the top two areas of potential vulnerability and concern cited…
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Linking Strategic Educational Development to Business Goals Equals Workforce Optimization
A common refrain can be heard echoing down the halls of financial services firms as they work to emerge from…
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Be Client Centered
It's all about the client, isn't it? Or is it? Recently, I did a Google search on "CPA firms." About…
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Business Process Outsourcing as the Next Step in the Evolution of Financial Services
Plentiful deals and flush years are a distant memory for most financial services organizations. The banking, capital markets and insurance…
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International experiences of transfer pricing
Some years ago very few people had heard of transfer pricing unless they were connected with multinational companies or their…