News
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Central Board of Revenue to recover less paid Sales Tax from cement makers
ISLAMABAD (October 22 2002) : The Central Board of Revenue (CBR) has decided to recover sales tax to the tune…
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Rs 460 billion revenue target likely to be achieved: Revenue Board chief
LAHORE (October 22 2002) : Riaz Ahmed Malik, Chairman Central Board of Revenue (CBR), has said that revenue target of…
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Grant Thornton Launches Business Risk Niche
Chicago (Oct. 22, 2002) – Capitalizing on the fear of corporate scandals across corporate American, Grant Thornton Monday unveiled its…
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PwC, UBS sued for $100 mln over HPL scandal
DALLAS, Oct 17 (Reuters) – Three HPL Technologies Inc. (HPLA) shareholders slapped accounting firm PricewaterhouseCoopers and UBS Warburg with a…
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Pak-Swiss agreement for avoidance of double taxation
ISLAMABAD, Oct 15: Pakistan and Switzerland, on Tuesday inked a convention for the avoidance of double taxation between the two…
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Judge fines Arthur Andersen $500,000
A federal judge fined accounting firm Andersen $500,000 and sentenced it to five years probation for obstructing justice in a…
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CPA – AICPA issues New Audit Standard for Detecting Fraud
Institute of Certified Public Accountants today announced that it had approved a new standard, Statement on Auditing Standards (SAS) 99:…
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Auditing Guidance Free Electronically in 2003
In an effort to make International Standards on Auditing (ISAs) more widely available to the world's accountants the International Auditing…
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IFAC Releases Paper on Financial Reporting on the Internet
(New York/August 26, 2002) — Recognizing the increasing use of the Internet as a medium for communicating financial information, the…
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Ford Rhodes Sidat Hyder Holds its First Dinner
October 15, 2002, Karachi: The newly merged accounting firm, Ford Rhodes Sidat Hyder & Co held a dinner cum get-together…