Uncategorized – Page 6 – Institute of Chartered Accountants of Pakistan

Circular 1/ 2008 – Consolidation of mutual funds by manager

Posted on February 22, 2018 by Saira | Comments Off

The Institute has been approached by number of practicing members seeking opinion whether asset management company / fund manager should consolidate...
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Circular 3 / 2008 Brief Analysis of the Revised Fifth Schedule to the Companies Ordinance, 1984

Posted on February 14, 2018 by Saira | Comments Off

The Securities and Exchange Commission of Pakistan revised the Fifth Schedule vide its SRO No. 859(I)/2007 dated August 21, 2007 to...
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Circular 8/2007 – EXTERNAL AUDITORS ACCESS TO SBP INSPECTION REPORT

Posted on February 12, 2018 by Saira | Comments Off

Attention of all firms on State Bank of Pakistan panel of auditors is drawn to the above issue raised in a...
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Circular 7/2007- STATEMENT OF COMPLIANCE FOR COMPANIES OTHER THAN MEDIUM-SIZED ENTITIES (MSEs) AND SMALL-SIZED ENTITIES (SSEs)

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On the recommendation of the Institute the SECP has notified certain International Financial Reporting Standards (IFRS) therefore in order to achieve...
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Circular 6/2007 – STATEMENT OF COMPLIANCE FOR FINANCIAL STATEMENTS PREPARED USING MSE OR SSE STANDARDS

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The Institute of Chartered Accountants of Pakistan (ICAP) issued Accounting and Financial Reporting Standards for Medium-sized and Small-sized entities that have...
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Circular 5/ 2007- NOTIFICATION OF ACCOUNTING AND FINANCIAL REPORTING STANDARDS FOR MEDIUMSIZED ENTITIES (MSEs) AND SMALL-SIZED ENTITIES (SSEs) AND REVISION OF THE FIFTH SCHEDULE TO THE COMPANIES ORDINANCE, 1984

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On the recommendation of the Institute of Chartered Accountants of Pakistan (ICAP) the Securities and Exchange Commission of Pakistan (SECP) vide...
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Circular 4/2007 – FURTHER DEFERMENT OF APPLICATION OF IFRIC INTERPRETATION 4 ‘DETERMINING WHETHER AN ARRANGEMENT CONTAINS A LEASE’ FOR INDEPENDENT POWER PRODUCERS (IPPs)

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It is to inform you that the Securities and Exchange Commission of Pakistan (SECP) through its Circular No. 07/2007 dated June...
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Circular 3/ 2007- NOTIFICATION OF IAS 41, IFRS 2, 3, 5 AND 6

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On the recommendations of the Council of the Institute made in its 171st meeting held on April 29,2005, the Securities...
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Circular 2/2007- ADOPTION OF ISA 701 – MODIFICATIONS TO THE INDEPENDENT AUDITOR’S REPORT

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The Council of the Institute in its 188th meeting held on March 30, 2007 has decided to adopt the International Standard...
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Clarification on related party requirements for the preparation of Statement of Compliance with the Code of Corporate Governance

Posted on February 3, 2018 by Saira | Comments Off

Clarification on related party requirements for the preparation of Statement of Compliance with the Code of Corporate Governance The Companies Act...
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