Karachi, February 15, 2021: Currently applicants face difficulties in obtaining housing finance, especially for low cost housing, as banks are reluctant to take the risk of the house not being completed or documentation completion. The completion of housing unit and mortgage creation takes time. In order to address this issue for applicants and banks, the…
Karachi, July 30, 2020: The COVID-19 pandemic means government spending has increased immensely, with the IMF calculating it to be a staggering US$9 trillion. For ACCA, the World Bank and IFAC, the concern is that public sector fiscal commitment and interventions are not being captured accurately by governments due to the way they account for this. In a…
Pensioners without pensions. Schools without students. Wells without water. Karachi, April 21, 2020: A report issued jointly by ACCA (the Association of Chartered Certified Accountants) and IFAC (the International Federation of Accountants), Is cash still king? Maximising the benefits of accrual information in the public sector not only confirms that a complete public sector transition…