News
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Leaders of Accountancy Bodies Commit International Support to Clarifying Professional Pronuncements
The International Federation of Accountants (IFAC), the global organization for the accountancy profession representing 163 accountancy organizations with more than…
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Recommendations made on Convergence Activities for Public Sector Financial Reporting Standards
As part of its program to support convergence of International Public Sector Accounting Standards (IPSASs) and statistical bases of financial…
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Auditor’s Reporting on Bank’s Internal Controls – Deferred for a Year
At the recommendation of the Institute, the State Bank of Pakistan has deferred the attestation requirement of SBP’s Guidelines on…
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Governor SBP Calls ICAP Role Model
Dr. Ishrat Husain, Governor State Bank of Pakistan (SBP) had a meeting with the Council Member and past Presidents of…
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ICAP announces Professional/Final Winter 2004 examination results
KARACHI, January 31, 2004: The Institute of Chartered Accountants of Pakistan (ICAP) has announced the results of its Final/ Professional…
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NTN to be issued to foreign missions by February 28
ISLAMABAD (January 21 2005): The Central Board of Revenue (CBR) has decided to issue National Tax Numbers (NTNs) to all…
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SBP revises reporting format to curb bank frauds
KARACHI (January 20 2005): The State Bank of Pakistan (SBP) on Wednesday formulated the revised reporting requirement for banks, development…
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KAPCO IPO Subscription from Feb 7
KARACHI: Pakistan will hold an initial public offering of up to 20 per cent of shares in regional power firm…
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Soyabean oil imported by TCP gets CED exemption
ISLAMABAD (January 18 2005): The Central Board of Revenue (CBR) has withdrawn central excise duty (CED) on the import of…
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Sanitary ware, tile retailers get sales tax relief
ISLAMABAD (January 18 2005): The Central Board of Revenue (CBR) has announced that the retailers of sanitary wares and tiles…