News
-
Sales tax refund section to stay open on holidays
KARACHI (March 21 2004): The refund section of the Collectorate of Sales Tax (Enforcement) will remain open on Sundays and…
-
Judge halts KPMG fees in WorldCom dispute-source
A U.S. bankruptcy court judge on Friday halted payments to WorldCom accountants KPMG after a coalition of states said the…
-
Shell denies auditor refused to sign accounts
Royal Dutch/Shell on Sunday denied a newspaper report that its joint auditor KPMG had refused to sign off accounts due…
-
Ernst & Young to host regional tax conference in Dubai
Ernst & Young, the Middle East's largest assurance and business advisory firm, will host a regional conference to address vital…
-
Europe and U.S. Near Accord on Joint Audit Supervision
The European Commission signaled on Tuesday that it might settle a longstanding dispute with the United States next week that…
-
Need to have effective capital management programme, says KPMG
Malaysian institutions must look towards gaining competitive advantage through implementing an effective economic capital management programme, said John Lee, the…
-
Suit seeks to remove KPMG as WorldCom auditor
KPMG is being sued by 14 states in USA that want the firm disqualified from acting as WorldCom's accountant, auditor…
-
ICAP issues circular regarding review of SAPs and SSAPs
The Institute of Chartered Accountants of Pakistan (ICAP) has issued the following circular regarding review of SAPs and SSAPs issued…
-
Credit portfolio assessment: SBP issues guidelines for auditors
KARACHI (March 12 2004): The State Bank of Pakistan (SBP) on Thursday has issued guidelines to auditors for reviewing credit…
-
Tax Ombudsman asks Revenue Board to clarify sales tax issue
ISLAMABAD (March 10 2004): The Federal Tax Ombudsman former justice Saleem Akhtar has urged the Central Board of Revenue (CBR)…