News
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ICAI to write to GTB auditors
Even as the Reserve Bank of India's letter alleging “misconduct” by statutory auditors of Global Trust Bank (GTB) does not…
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Court ruling leaves KPMG with £65m bill
Partners at KPMG could face having to make up a £65m deficit in the accountant's pension scheme after a High…
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IAASB issues revised ISA which calls on auditors to plan audits more rigorously
The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC) has released a revised International…
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IAASB Proposes Enhancements to its Due Process and Working Procedures
As part of its ongoing commitment to develop high quality international standards, the International Auditing and Assurance Standards Board (IAASB)…
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IASB publishes Exposure Draft on Financial Instrument Disclosures
The International Accounting Standards Board (IASB) has published proposals to improve disclosures about financial instruments in financial statements. The proposals…
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CFOs Are Burning the Midnight Oil, Survey Shows
Chief financial officers are seeking a little relief. In a new survey by Robert Half Management Resources, 36 percent of…
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CIMA announces May 2004 examination results
The Chartered Institute of Management Accountants (CIMA) has announced results of its examinations held in May 2004. The results were…
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Rebate on surgical and leather goods cut
ISLAMABAD (July 30 2004): The Central Board of Revenue (CBR) has reduced duty drawback rates on the export of surgical/veterinary…
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CBR and car dealers talks collapse
ISLAMABAD (July 30 2004): The talks between the tax authorities and All Pakistan Motor Dealers Association (APMDA) on the issue…
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Taxpayers paying 20 per cent more tax exempted from audit
KARACHI: Central Board of Revenue (CBR) has allowed non-corporate income tax payers of the country to revise their income tax…
