RSRIR listed on Panel of approved auditors for SECP Regulated Entities
The Securities and Exchange Commission [‘SECP] vide its circular no. 4 of 2023 has issued panel of auditors eligible to conduct audit of SECP regulated entities. RSRIR has been listed among sixteen (16) firms in the top category of the panel of auditors. SECP regulated entities include: a) Securities Brokers b) Futures Brokers c) Non-banking […]
Russell Bedford grows by 9% building on its Consistent Growth Trajectory
Russell Bedford International has released its annual Global Performance Report, revealing another strong year which saw the network increase its global revenues by 9%, while demonstrating continued growth in all regions.The Global Performance Report is an essential part of the network’s annual review process, ensuring that it remains accountable to the requirements of its members, […]
SECP Defers Application of ‘Expected Credit Losses Method’ to Circular Debit Related Financial Assets
The Securities and Exchange Commission of Pakistan vide S.R.O. 67(1)/2023, dated 20 January 2023, in exercise of powers conferred by section 510 read with sub-section (3) of section 225 of the Companies Act, 2017 (Act No. XIX), in partial modification of its previous S.R.O. 1177 (1)/2021, dated 13 September 2021, has notify that, in respect […]
ICAP issues exposure draft on Accounting Standard ‘Financial Statements Disclosures of Zakat received by an entity’
The Accounting Standards Board (ASB) has issued the Exposure Draft (ED) of Accounting Standard “Financial Statements Disclosures of Zakat Received by an Entity”. along with its Basis for Conclusions, for comments and feedback to be submitted by 15 February 2023, by emailing them to dtscomments@icap.org.pkASB, in consideration of the following aspects, noted the need for […]
