Accountancy Forum
  • Accountancy
  • Forum Home
  • Members
  • Team
  • Help
  • Search
  • Register
  • Login
  • Home
  • Members
  • Help
  • Search
Accountancy Forum General General Discussion v
« Previous 1 … 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Next »
SECP is a myth?

 
  • 0 Vote(s) - 0 Average
SECP is a myth?
idreesdurrani
Offline

Member

Posts: 124
Threads: 25
Joined: Jan 2004
Reputation: 0
#2
10-05-2004, 08:52 PM
Salam

Yeah I agree with u Mr. Moon. This is yet another example of divergence between the reporting requirements of Companies Ordinance, 1984 and IAS. There were many other such instances like the differences between segment reporting of sales of segments under IAS 14 and 4th schedule, the difference in treatments of revaluation surplus under section 235 (Old) and IAS 16 etc. I think SECP has now realized these discrepancies and the recent revisions in the Companies Ordinance reflect their intention to harmonize such reporting requirements. And yeah as the framework to IAS says local laws will override the requirements of IAS (Where they contradict each other), we have no option…..


Idrees
« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)



Messages In This Thread
SECP is a myth? - by Moon - 10-05-2004, 08:19 PM
[No subject] - by idreesdurrani - 10-05-2004, 08:52 PM
[No subject] - by Moon - 10-08-2004, 07:55 PM

  • View a Printable Version
  • Subscribe to this thread
Forum Jump:

© 2002-2024 Accountancy. Copyrights of all content on this web site are owned by Accountancy except where indicated in source or copyright statements. Accountancy must be contacted for permission to copy or redistribute any material published on this website.

Linear Mode
Threaded Mode