News
-
Housing provides Rs 150 billion investment opportunities
KARACHI (December 15 2002) : The housing sector in Pakistan provides opportunity to invest Rs 150 billion annually for the…
-
Two leasing companies join Credit Information Services
KARACHI (December 14 2002) : Two leasing companies ORIX Leasing Pakistan Limited and Askari Leasing Limited (Askari) have joined the…
-
Union, Al-Falah banks to issue bonds for raising capital
KARACHI (December 14 2002) : Pakistan's two banks plan to issue bonds this month to raise their minimum capital requirements,…
-
Banks to charge export development surcharge on exports proceeds from January
KARACHI (December 14 2002) : The export development surcharge (EDS), which is charged by the Customs at the rate of…
-
CA firms to follow SECP procedure for fee payment to sales tax special auditors
ISLAMABAD (December 14 2002) : The Central Board of Revenue (CBR) has directed the chartered accountant firms to strictly follow…
-
Corrupt accountant handed 14-year term
AOMORI – An accountant was sentenced Thursday to 14 years in prison for embezzling 1.45 billion yen from an Aomori…
-
Former KPMG Consulting lays off 4% of staff
BearingPoint, the IT services company formerly known as KPMG Consulting, is significantly paring down its staff in Germany, Austria and…
-
Experts: Fraud, Ethics Top List of Profession’s Concerns
New York (Dec. 14, 2002) — With the nation’s auditors under the microscope of both public and regulatory scrutiny, a…
-
KPMG sued by Missouri agency for role in collapse of insurer – report
KPMG LLP has been sued by the Missouri Department of Insurance for allegedly contributing to the 1999 collapse of General…
-
SEC Enforcement Chief in USA Urges Action Against Auditors' Firms
WASHINGTON — The Securities and Exchange Commission in the US, while continuing to prosecute individual auditors who abet corporate fraud,…