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Finance

Rs4.09 Trillion Federal Budget for 2015-16 Unveiled

ISLAMABAD (June 06, 2015) – The federal budget for the year 2015-16, with a total outlay of Rs4.089 trillion, was approved by the federal cabinet on Friday. In his budget ...

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Economic Survey of Pakistan 2014-15

Economic Survey 2014-15: Features and Highlights

ISLAMABAD (June 05, 2015) – The finance ministry of Government of Pakistan yesterday published the annual Economic Survey of Pakistan for the year 2014-15. Highlights of this publication are being ...

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FBR establishes transfer pricing unit

FBR Establishes a Transfer Pricing Unit

ISLAMABAD (December 24, 2014) – The Federal Board of Revenue (FBR) has established a transfer pricing unit to facilitate and strengthen the ability of the tax officials to effectively deal ...

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income tax 2014 return filing date extension

Date for filing of Income Tax returns extended till October 31, 2014

ISLAMABAD (September 27, 2014) – Federal Board of Revenue (FBR) has extended the date for filing of tax returns to October 31, 2014 for individuals, associations and special tax year ...

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Practice

ACCA Pakistan opens Peshawar office

ACCA Pakistan Opens Office in Peshawar

PESHAWAR (December 11, 2014) – ACCA Pakistan recently inaugurated its office in Peshawar for the promotion of accounting and finance profession in Khyber Pakhtunkhwa. The inaugural ceremony was attended by ...

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PwC suspended and fined

PricewaterhouseCoopers consulting unit suspended for 2 years and fined $25 million

The Regulatory Advisory Services (RAS) unit of PricewaterhouseCoopers LLP in USA, one of the Big4 accounting firms, has been suspended for two years and fined $25 million by New York ...

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IASB FASB converged standard on revenue recogntion from customer contracts

IASB and FASB issue converged standard on recognition of revenue from customer contracts

KARACHI (June 24, 2014) – The International Accounting Standards Board (IASB), which develops global accounting standards for accounting standards, and the Financial Accounting Standards Board (FASB), the body responsible for ...

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Information System Audit and Assurance Standards

New IS Audit and Assurance Standards Released: Effective from November 2013

ROLLING MEADOWS, IL, USA (July 30, 2013) – ISACA (Information Systems Audit and Control Association) has issued revised Information Systems (IS) Audit and Assurance Standards. The standards have an effective ...

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Education

Acca Pakistan Nayatel Employer Accredition

ACCA joins hands with Nayatel, awards approved employer accredition

KARACHI (February 01, 2015) – ACCA Pakistan recently awarded Nayatel (Pvt) Ltd. with employer accreditation in a ceremony held in Islamabad. ACCA’s global programme is awarded to employers who meet ...

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ACCA Pakistan opens Peshawar office

ACCA Pakistan Opens Office in Peshawar

PESHAWAR (December 11, 2014) – ACCA Pakistan recently inaugurated its office in Peshawar for the promotion of accounting and finance profession in Khyber Pakhtunkhwa. The inaugural ceremony was attended by ...

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ACCA Pakistan and Peshawar University sign MoU

ACCA and University of Peshawar sign MoU for advancement of finance profession

KARACHI (13 November 2014) – ACCA (the Association of Chartered Certified Accountants) and University of Peshawar have entered into a memorandum of understanding (MoU) for promotion and academic enhancement of Accounting ...

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ACCA Diploma Holders

ACCA Pakistan Launches the Entry-level Foundation Diploma

ISLAMABAD (April 29, 2013) – ACCA Islamabad today held a launch ceremony for ACCA Foundation Diploma, the first in the series of launch events for the new diploma. The Foundation ...

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