Home-grown economic plans
THE government recently formed a committee of eminent international and Pakistani economists to draft a home-grown economic programme. This article shows that there is little need for such a committee. There is…
Tough economic decisions & fragile political mandate
Very few people may have actually experienced the moment of helplessness when there is a clash between the need for tough economic decisions and fragile and split political mandate of…
Call for independent financial reporting body
The Audit Oversight Board (AOB) established under the SECP Act, 1997 to regulate audit profession in the country and the Accounting Standards Board (ASB) recently formed under the control of…
Solution for PSM conundrum
"Steel mills [Pakistan Steel Mills (PSM)] is a venture which can be stated as harbinger of progress, agent and multiplier of development in its own right, sine qua non for…
The ‘three’ in second line of corporate hierarchy
The Companies Act-2017 (Act) is on the statutes book, inter alia, to promote development of corporate sector and to regulate corporate entities for protecting relevant interests, to provide principles of…
Draft Listed Companies: (Code of Corporate Governance) Regulations – 2019
The number of companies of which one could be a director of is five in the present code. There is no restriction on the number of directorships in subsidiaries of…
Solution for PSM conundrum
"Steel mills [Pakistan Steel Mills (PSM)] is a venture which can be stated as harbinger of progress, agent and multiplier of development in its own right, sine qua non for…
Two sets of accounts for PSM
Capacity is the ability to contain, absorb, receive or hold. It can exemplify the quantity or people that a container or space can hold e.g. the theater has a seating…
Eurozone’s triple-A bond drought persists after ECB steps away
High-grade eurozone debt remains scarce even though the European Central Bank has stopped its huge purchases of new bonds, intensifying concerns that banks will face future collateral shortages and highlighting…
Need for chartered tax institute
To be the premier body providing effective institutional support to members and promoting convergence of interests with government, using taxation as a tool for the nation's economic advancement; and to…
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