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Amendments to IAS 1 and Consequential impact on the Auditor’s Report: Disclosure of Material Accounting Policy Information

posted on January 26, 2024 by Babar Badal | Comments Off on Amendments to IAS 1 and Consequential impact on the Auditor’s Report: Disclosure of Material Accounting Policy Information

The International Accounting Standards Board (IASB) made certain narrow-scope amendments to the International Accounting Standard (IAS) 1, Presentation of Financial... Continue reading →

External Auditor’s Reporting on the Company’s Royalty/ Franchise/ Technical Fees Agreement as required under the Foreign Exchange Manual 2002

posted on April 6, 2023 by Babar Badal | Comments Off on External Auditor’s Reporting on the Company’s Royalty/ Franchise/ Technical Fees Agreement as required under the Foreign Exchange Manual 2002

The Foreign Exchange Manual 2002 (Chapter 14, paragraph 12 (iv)) requires acknowledgement of RFT agreements by the authorised dealers. For... Continue reading →

Guidance on the Assurance Report on Statement of Free Float of Shares

posted on February 2, 2023 by Babar Badal | Comments Off on Guidance on the Assurance Report on Statement of Free Float of Shares

The annual free float of shares of a listed company is required to be verified by the auditor under provisions... Continue reading →

Author Archives for Babar Badal

Amendments to IAS 1 and Consequential impact on the Auditor’s Report: Disclosure of Material Accounting Policy Information

External Auditor’s Reporting on the Company’s Royalty/ Franchise/ Technical Fees Agreement as required under the Foreign Exchange Manual 2002

Guidance on the Assurance Report on Statement of Free Float of Shares