Home » News » Practice (page 5)

Practice

AFP Asks G20 Nations to Delay Deadline on US GAAP, IFRS Convergence on Lease Accounting

(WASHINGTON, October 22, 2010) – The Association for Financial Professionals (AFP) has asked the G-20 nations to delay the June 2011 deadline to merge U.S. Generally Accepted Accounting Principles (U.S. GAAP) and the International Financial Reporting Standards (IFRS) regarding lease accounting to allow time to deliberate on several proposed financial reporting changes. The request by AFP came in a letter ...

Read More »

ACCA Releases Discussion Paper on Gender Diversity on Boards in Pakistan

KARACHI (August 10, 2010) – ACCA Pakistan recently organised a discussion forum on ‘Gender Diversity on Boards in Pakistan’ in conjunction with the launch of a discussion paper having the same title. The forum was paneled by key personnel from Pakistani public practice, corporate and public sectors. These panelists included Mr Arif Masud Mirza, Head of ACCA Pakistan, Mr Haroon ...

Read More »

G20's four pillars for agenda reform built on uneven foundations: ACCA

KARACHI (July 06, 2010) – The global body for accountants, ACCA (the Association for Chartered Certified Accountants) has responded to last week's G20 meeting by saying that its “pillars for agenda reform” are built on shaky ground. The G20’s first pillar – a strong regulatory framework, and the third pillar – resolving issues to do with financial institutions in crisis ...

Read More »

Accountants More Optimistic Despite Concerns for Global Economic Conditions: ACCA Survey

KARACHI (June 22, 2010) – The threat posed by levels of sovereign debt and rising inflation to the global economic recovery has been highlighted in the worlds largest regular survey of professional accountants. The Global Economic Conditions Survey for the second quarter of 2010 by ACCA shows that, for the first time, the majority of global respondents now believe that ...

Read More »

ICAP Holds Seminar on Key Changes to International Standards on Auditing (ISA)

KARACHI (June 03, 2010) – In 2009 International Auditing and Assurance Standards Board (IAASB) completed its Clarity Project regarding the International Standards on Auditing (ISAs). In view of the significance of the subject and its impact on the auditing profession in Pakistan, the Southern Regional Committee of the Institute of Chartered Accountants Pakistan recently organized a seminar to present the ...

Read More »

ACCA calls on G20 nations to drive reform of the global financial agenda

KARACHI (May 26, 2010) – As the Group of Twenty nations (G20) prepares to meet in Toronto next month, ACCA (the Association of Chartered Certified Accountants) has put forward its key recommendations for global policy-makers. On 26-27 June 2010, around 1500 delegates, including heads of state, will convene to discuss the global financial crisis and assess what progress has been ...

Read More »

ACCA Gets Brand Award for Second Consecutive Year

KARACHI (May 10, 2010) – ACCA Pakistan has been declared as the winner of 'Brands of the Year Award' in the category of Professional Accountancy Program for the second time, consecutively, this year. ACCA’s success with a decisive majority indicates a continuum of ACCA’s increasing brand popularity, strong stakeholder confidence and a high level of customer satisfaction. The award was ...

Read More »

ACCA issues proposals for Federal Budget 2010

KARACHI (April 9, 2010) – Maintaining its practice of submitting annual budget proposals, ACCA Pakistan Budget proposals “Supporting Fair Taxation” outline practical recommendations aimed at establishing a fair taxation system by widening the tax base and nurturing a culture of voluntary tax payment. To make Pakistan’s corporate tax rates globally competitive, a progressive series of rates of 25%, 30% and ...

Read More »

ACCA Pakistan Recognises Members through Networking Event

ISLAMABAD (March 12, 2010) – Association of Chartered Certified Accountants (ACCA) Pakistan held an annual networking event for its members in Islamabad today at the Serena Hotel providing a unique opportunity to build linkages within the ACCA community and benefit from networking with leadership from well recognised employers from the industry. This annual networking event marked the celebration of ACCA ...

Read More »

ACCA Pakistan to Launch SME Survival Kit

KARACHI (February 12, 2010) – Acknowledging the contribution of the SME sector to the economic growth, ACCA Pakistan in partnership with stakeholders like Small and Medium Enterprise Development Authority (SMEDA) and local chambers has been focusing on enhancing accounting, bookkeeping and taxation skills and knowledge of SME owner managers. ACCA Pakistan SME sub-committee has commissioned an SME Survival Kit that ...

Read More »