S.I.T.E Superhighway industrialists plea PM Imran Khan for deferment of EOBI audit

Karachi, October 23, 2020: Engr. Nisar Ahmed Khan President S.I.T.E. Superhighway Association of Industry (SSHAI), has appealed to Prime Minister Imran Khan to take serious action to address irritating issues related to EOBI and specially deferring the audits of EOBI and other institutions till sustainable and normal economic activities be restored at least for two…

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Proposals to strengthen international audit and ethics standard-setting process welcomed by ACCA

Karachi, July 22, 2020: Robust global auditing and ethical standards are essential for business, investor and public trust, says ACCA (the Association of Chartered Certified Accountants) following publication of the Monitoring Group’s paper explaining the way ahead. Speaking about the Monitoring Group’s recommendations, Maggie McGhee, executive director – governance at ACCA says: ‘This is a…

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Cost Audit of 5 sectors should continue to maintain competition: CCP

Karachi, May 12, 2020: The Competition Commission of Pakistan (CCP) has issued a Policy Note recommending that the Securities & Exchange Commission of Pakistan (SECP) restore the requirement of cost audit of five sectors in particular, and all other sectors in general, for facilitating policy interventions and promoting competition. The CCP’s specific recommendation is the…

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PCDMA demands to waive income, sales tax, WHT & other audit notices for 2 months

CNIC condition should be deferred for 6 months due to COVID-19 Pandemic: Amin Yousuf Balgamwala Karachi, March 30, 2020: Pakistan Chemicals & Dyes Merchants Association (PCDMA) chairman and former director Karachi Stock Exchange Amin Yousuf Balgamwala has protested against notices sending to commercial importers and demanded to withdraw all notices. In a statement, chairman PCDMA…

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