Circulars issued in 2023

Circular 1 – Request for Comments on Exposure Draft – Accounting Standard ‘Financial Statements Disclosures of Zakat Received by an Entity’

Circular 2 – Publication – ‘Sustainability Updates’

Circular 3 – Guidance on the Assurance Report on Statement of Free Float of Shares

Circular 4 – External Auditor’s Reporting on the Company’s Royalty/ Franchise/ Technical Fees Agreement as required under the Foreign Exchange Manual 2002

Circular 5 – Comments on Adoption and Implementation of IFRS Sustainability Disclosure Standards [IFRS S1 and IFRS S2] in Pakistan

Circular 6 – Publication on ‘ISQM Guide and Toolkit’

Circular 7 – Invitation of Comments/Suggestions regarding the manner of conduct of General Meetings of Shareholders

Circular 8 – Draft Guidance on Accounting for Minimum Taxes and Final Taxes for comments

Circular 9 – IFRS Sustainability Knowledge hub

Circular 10 – Notification issued by Securities and Exchange Commission of Pakistan on IFRS 17 Insurance Contracts

Circular 11 – Report on IFRS Sustainability Disclosure Standards – Study, consultation and recommendations for implementation in Pakistan

Circular 12 – Exposure Draft of the Code of Ethics for Chartered Accountants (Revised 2024)