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Accountancy Newsletter |
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Issue # 5 November
21, 2002 |
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One of our forum
members touched a sensitive, yet a very pertinent issue this week,
that is about accounting firms in Pakistan publishing their
financial results.
Although there is no statutory requirement on the firms here in Pakistan to
publish such results, he is of the opinion that the crisis this
industry faces nowadays is due to the lack of transparency. He also
suggests that to improve their image and for more transparency, the
firms should voluntarily announce their periodic financial results.
Since this issue affects all of us in this profession, we would love
to hear your comments on this issue by either through feedback or by
participation in our forum.
The Accountancy team |
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| Weekly
Poll Results |
| This week, we took your
opinion on the newspaper giving the best coverage to business news.
Our readers, most of whom are avid newspaper readers, responded in
this fashion. |
| Jang |
8% |
| Dawn |
22% |
| The News |
10% |
| Business
Recorder |
37% |
| Financial
Times |
18% |
| Other |
3% |
| None |
1% |
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Advertisement |
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In this week's issue:
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| In the News |
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| Featured Articles |
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| The accounting and tax
profession is currently experiencing a new technology-based
paradigm shift—the migration from Windows based PC
applications to the Internet. This is not the first new
paradigm to affect all practitioners. Indeed, the evolution of
tax preparation exemplifies the technological transition we
now face.
Read
the full article |
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How to avoid common Web mistakes |
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Yes, your new computer came with Web
design software and you are no doubt tempted to be a build-it
yourself Web designer. However, owning Web software doesn't
mean good results any more than owning a camcorder means you
should write, produce and edit your own television
commercials.
Read the full article |
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| Articles for Students |
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The other side of getting qualified |
| Barry Payne explains
why every ACCA student should take work experience as
seriously as their studies and shows how to take the strain
out of completing ACCA’s Student Training Record. Read
the full article |
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The systems approach to internal audit |
| Each systems audit
assignment should concentrate on an assessment of the adequacy
and reliability of the controls necessary to ensure that each
of the agreed control objectives is achieved. This evaluation
should form the core part of the audit work. Read
the full article |
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| Check out what they are
talking about in our Forums |
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Feel the urge to
write something? |
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We
invite all our audience to write articles for accountancy.com.pk. If
the article is good and relevant to the theme of the website, we will
publish this article along with giving credits to the article provider.
If you are interested in writing for us and have any queries, we will
be most happy to answer all of them. Submit your queries at
articles@accountancy.com.pk
Guidance on submission of articles
http://www.accoutancy.com.pk/article_submit.asp |
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