News
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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…
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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…
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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…
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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)…
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Audio and video cassettes: sales tax audit to be conducted in 22 units
ISLAMABAD (March 15 2004): The Central Board of Revenue (CBR) has decided to conduct sales tax audit of 22 units…
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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…
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State Bank issues new instructions for fresh loans
KARACHI (March 10 2004): The State Bank of Pakistan (SBP) has asked the banks and development financial institutions (DFIs) to…
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Abdullah Yusuf named Revenue Board chairman
ISLAMABAD (March 11 2004): The government has appointed Abdullah Yusuf as new Chairman of Central Board of Revenue here on…
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ABL handing over may be delayed for third time
LAHORE: Arrangements for handing over the strategic shares in Allied Bank Limited (ABL) along with management control are in process…
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ICAP penalises five firms
KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) has penalised five chartered accountant firms for not auditing the accounts…
