Posts Tagged a.f.ferguson
Syed Shabbar Zaidi, an authoritative and leading tax expert, also partner for taxation of A.F.Ferguson, reminded the policy makers, yet again, that we need a working and stable tax collection system.
Shabbar Zaidi has said that improvement in the prevailing system of tax collection can lead to tax-revenue of Rs 200 billion to 250 billion.
In a statement, Shabbar Zaidi said there was a dire need for revolutionary measures in the system of tax-collection to ensure effective implementati
June 27, 2012
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"Government, businessmen and the public at large were all responsible for the fiscal mess the nation finds itself in" said Shabbar Ziadi, leading tax expert and partner of A.F.Ferguson, at a budget seminar organized by Institute of Cost and Management Accountants of Pakistan (ICMAP).
Noting that debt servicing, defence, subsidies and administrative expenses formed 31%, 16%, 25% and 11%, respectively, in the proposed budget, Zaidi said that 83% of the allocations were set aside for non-prod
June 7, 2012
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"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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A.F.Ferguson, which recently manages to get audit job of Meezan Bank, country's largest Islamic Bank, has now successfully land MCB Bank in its pockets.
According to EconomyAge, MCB has appointed A.F. Ferguson & Company, Chartered Accountants, as it auditing and accounting firm for the next calendar year 2012, an official sources said. Riaz Ahmed and Company and KMPG Taseer Hadi were maintaining accounts of Pakistan’s largest bank at present.
According to sources, the two firms
March 30, 2012
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Meezan Bank, an awarded bank for best Islamic Bank in Pakistan, has appoint new auditors to audit its financial statements.
Meezan Bank, in a notice sent to Karachi Stock Exchange, notifies public and investors that the old auditors M/S KPMG Taseer Hadi & Co. the retiring auditors complete their 5 years period and in accordance with the code of corporate governance (which do not allow any audit firm to work for more than 5 years).
Meezan Bank will be considering the appointment o
March 23, 2012
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(EconomyAge) -- A.F.Ferguson, Pakistan’s member firm of PriceWaterCoopers, a huge market leader in audit industry, issued and cleared a certificate for its client, GlaxoSmithKline, a pharma giant, to issue bonus shares from free reserves.
According to Companies’ Rules 1996, proposed issue of bonus should not be less than twenty five percent of the enhanced paid-up capital.
According to documents received by EconomyAge, A.F.Ferguson gives a green single to GSK (GlaxoSmithKline). The l
March 18, 2012
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By Zaara Rahman
If we know Shabbar Zaidi for one thing then that is his willingness to speak. He might be the only partner of A.F.Ferguson who always showed up for Media and we like him for this!
[caption id="attachment_3281" align="aligncenter" width="75" caption="Shabbar Zaidi, Partner A.F.Ferguson"][/caption]
Recently after ICAP President, Saqib Masood, said that ICAP is not trying to hold supply of accountants by deliberately failing students, Mr Shabbar
September 16, 2011
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By Aamna Waheed
After Prime Minister fired all oil companies apex leaders, an ex auditor from A.F.Ferguson, Yaqoob Sattar is expecting to take charge of Pakistan State Oil.
According to different news sources, Executive Director (ED) Finance Yaqoob Suttar is expected to take acting charge of Managing Director (MD) Pakistan State Oil (PSO).
A chartered accountant by profession, Yaqoob Suttar has completed his audit training from AF Ferguson & Co and is a
April 24, 2011
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By Ali Ahmad
In another interesting turn of events, Afghan government start blaming A.F.Ferguson & Co of Pakistan, a member of PriceWaterCoopers. The finance ministry of Afghanistan said that an “erroneous” audit and inadequate help from international banking advisers compounded financial problems at the embattled Kabul bank.
These comments came after a top U.S. Treasury Department official visited Kabul Thursday to discuss improving oversight of the n
March 9, 2011
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Press Release
ACCA Accountancy Futures Symposium was today inaugurated at a local hotel. The first day of the symposium hosted corporate leaders, businessmen, professional accountants and policy makers elucidated on the two key challenges facing businesses and profession today - the value of audit in modern world and Generation Y: Realizing the Potential.
Mr Arif Masud Mirza, head of ACCA Pakistan, welcomed the symposium participants and panelists, "It is a pleasure to host one of the
November 24, 2010
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