Archive for April, 2012
"Corporate income tax rate should gradually be brought down to 25% and 30% for listed and unlisted companies respectively as 35% rate is very high viz-a-viz 25% tax date on other business houses".
These views were expressed by Asif Kasbati, Director Tax Services, A.F.Ferguson & Co, while speaking at the pre-budget seminar organized jointly by Karachi Branch Council (KBC) of Institute of Cost and Management Accountants of Pakistan (ICMAP) and Federation of Pakistan Chambers of Commerce
April 27, 2012
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By Concerned Father
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I completed my ACCA when most of you never even heard of this qualification way back in 2001 and then joined a prestigious audit firm and completed my CA and now I'm work
April 26, 2012
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[caption id="" align="alignright" width="420" caption="ACCA's Last Year Budget Seminar in Islamabad"][/caption]
ACCA Pakistan is organizing a pre-budget seminar in collaboration with Lahore Chamber of Commerce and Industry (LCCI) with theme of “Strategy for Growth” on May 03 at Jinnah Auditorium.
ACCA Pakistan has always been a supporter of fair taxation; it can play a vital role in dealing with the core issues of our country, and can thus instigate the required growth.
In order t
April 26, 2012
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In a tragic event, a boy named Waqas Tariq, a CA student in Rawalpindi, killed his parents because of their continuous taunting on him because of his several unsuccessful attempts in CA exams.
This is first of its kind event in Pakistan and will sure took the accountancy circles with a surprise.
According to Police source, Tariq Mehmood, 55, Tabasum Tariq, 45, and son Saad Tariq, 19, were found bludgeoned to death inside their rented house after neighbours reported to police of stinking
April 26, 2012
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(ExP) -- I guess we’ve all done it at some time or another.
We’ve woken up one morning and due to too much work (or too much drink…) you look in the mirror and think “oh dear” (or some similar but slightly stronger words).
Well step forward Mr Ed Moyse and Mr Ross Harper who when they looked in the mirror recently saw the Ernst & Young logo staring back at them.
Now this wasn’t a drunken night out at an EY party that went wrong. No, it was a deliberate move.
The two
April 25, 2012
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Commecs Institute of Business and Emerging Sciences (CIBES) and KASB Securities ventured an educational Seminar on “Alternative Investment Opportunities in Pakistan” on CIBES City Campus Shahra e Faisal, Karachi, recently.
The seminar aimed to cover the main topics of the basic concepts of stock and investment, the myths and the realities of investing and how to approach investing. Special emphasis laid on the new emerging commodity exchange market in which people could invest i
April 20, 2012
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Arif Masud Mirza, a reason of envy for many of ACCA's competitors and ACCA Pakistan's most valued asset, spoke about the current circumstance of job market after the global financial meltdown. In a status on one of its social media account, Mr Mirza, gave valuable suggestions to young finance professionals planning to hunt for a job.
The creation of jobs economically speaking depends on Demand and in our ecocomy Demand as represented by our GDP growth is struggling at less than
April 19, 2012
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The Accountancy & Actuarial Discipline Board (AADB) is expected to open a full inquiry into PwC's auditing of RSM Tenon, the troubled professional services group, over the coming weeks.
The move is another blow to PwC's reputation as one of the City's leading auditors. The firm, which currently audits the accounts of 39 of the companies in the FTSE 100, is already facing investigations by the watchdog into its auditing of Cattles, the failed sub-prime lender, and Barclays
April 18, 2012
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Finally, the hiring of ACCA Karachi head, Rehan Uddin, proved to bring some better results for ACCA poor job market. ACCA Pakistan appointed Rehan Uddin few months ago, who was once an ICAP star student with four Gold Medalists.
Under Rehan's leadership, although there has been no significant improvement in ACCA's job market in Karachi, but things are much better now after he took charge.
After his appointment, ACCA affiliates and students started getting internship opportunities in
April 17, 2012
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CIMA and the AICPA, two of the world’s largest professional accountancy bodies, have launched 'CGMA Magazine' as a resource for members eligible for the new Chartered Global Management Accountant (CGMA) designation.
The inaugural print issue reached more than 220,000 management accountants in over 168 countries, including the United States, United Kingdom, Ireland, Malaysia, Sri Lanka and Australia.
Now available exclusively online at www.cgmamagazine.org, the web based magazine featu
April 15, 2012
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