Trends - Audit - Business Recorder

Audit

QWP demands audit of deals with IPPs

PESHAWAR: Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao on Saturday said an audit should be conducted...

Published 03 Sep, 2023 02:59am

Pakistan

PAC directs regulatory authorities, others to cooperate with AGP

ISLAMABAD: The Public Accounts Committee (PAC) reiterated the regulatory authorities, the NADRA Technologies Limited...

Published 26 May, 2023 06:48am

Pakistan

‘Charged appropriate accounts’ of last 10 years: PAC chairman to move resolution in NA for appearance of SC Registrar

ISLAMABAD: The Public Accounts Committee (PAC) chairman would move a resolution in the National Assembly for the...

Published 17 May, 2023 06:22am

Rs 417bn received by KP: Cabinet decides to conduct audit

ISLAMABAD: The federal cabinet has reportedly decided to conduct financial and performance audit of Rs417 billion...

Updated 08 Feb, 2023 09:11am

IT, ST, FED: FBR plans ballot to select cases for audit

ISLAMABAD: The Federal Board of Revenue (FBR) is planning to conduct computerised balloting for selecting the cases...

Updated 21 Nov, 2022 12:29pm

Business & Finance

EY agrees split into separate audit and advisory firms

LONDON: British financial services giant EY has agreed to split into separate audit and advisory units, with the...

Published 12 Sep, 2022 07:10am

Pakistan

Desk-audit of 393,441 individuals, AOPs: FTO directs FBR to give justification

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to give justification for the...

Published 08 Jun, 2022 08:30am

Business & Finance

Financial institutions: FBR to conduct compliance audit, inspections

ISLAMABAD: The Commissioners Inland Revenue (IR) Automatic Exchange of Information (AEOI) Zones would conduct...

Published 03 Jun, 2022 06:26am

Audit, return filing by businesspeople: FBR to give relaxation on integration with new systems

ISLAMABAD: The Federal Board of Revenue (FBR) will give relaxation from return/statement filing and audit to...

Updated 03 Apr, 2022 08:40am

FBR willing to consider ‘slashing’ audit period by half

KARACHI: Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has put...

Updated 23 Mar, 2022 03:34pm

Pakistan

Audit: performance of FESCO praised

FAISALABAD: Auditors perform pivotal role to save the department from possible financial irregularities and...

Published 10 Mar, 2022 06:30am

Markets

SECP appoints Parker Russel AJS to 'conduct fraud investigation/forensic audit' of Hascol

The Securities and Exchange Commission of Pakistan (SECP) has appointed Parker Russel AJS- Chartered Accountants as...

Published 24 Jan, 2022 03:11pm

Hascol and its senior management: FBR decides to initiate audit

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to start an audit of the income tax and sales tax affairs...

Updated 02 Jan, 2022 10:40am

Third-party tax audit procedure nearly finalized

Taxpayers, including the corporate sector, may directly receive audit notices from third-party auditors for detailed scrutiny of tax affairs of registered persons to be selected for audit

Updated 15 Nov, 2021 10:02am

Pakistan

AGP directed to hold audit of NAB recoveries

ISLAMABAD: The Public Accounts Committee (PAC) on Wednesday directed the Auditor General of Pakistan (AGP) to hold...

Published 04 Nov, 2021 04:32am

Pakistan

Royal Palm Golf, Country Club: SC orders AGP to conduct audit

ISLAMABAD: The Supreme Court ordered the Auditor General of Pakistan to conduct an audit of the Royal Palm Golf and...

Published 04 Sep, 2021 06:04am

Pakistan

Two-day orientation session on performance audit held

LAHORE: The first ever two-day orientation module on performance audit for probationary officers was successfully...

Published 26 Jul, 2021 05:21am

Pakistan

Ramzan Sugar Mills challenges notice of FBR for audit

LAHORE: Ramzan Sugar Mills owned by Sharif family has challenged a notice of Federal Board of Revenue (FBR) for ...

Published 20 Jun, 2021 03:39am

Pakistan

Public sector organizations: KP PAC orders performance audit

PESHAWAR: The Public Accounts Committee (PAC) of KP Assembly has directed the high ups concerned with audit and...

Published 26 Apr, 2021 03:29am

Business & Finance

PRGMEA urges PM to conduct forensic audit of yarn producers

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has made an appeal to Prime...

Updated 09 Apr, 2021 09:19am

Pakistan

Imported Covid-19 vaccinations: Frontline workers top priority, PAC told

ISLAMABAD: The Public Accounts Committee (PAC) was informed, on Thursday that frontline workers were the top ...

Updated 05 Mar, 2021 09:42am

‘Under-invoicing’ case now subject to deeper probe

ISLAMABAD: Federal Board of Revenue (FBR) has handed over the case of alleged under-invoicing by a Lahore-based...

Published 18 Feb, 2021 04:08am

Pakistan

Audit of all uplift funds conducted: Finance Dept

LAHORE: Apropos to a news item, run by some private channels, a spokesperson for the Finance Department Punjab ...

Published 15 Feb, 2021 04:53am

Accounts of 29 sugar mills: LTU Karachi ‘detects’ massive revenue leakage

KARACHI: Large Taxpayers Unit (LTU), Karachi has “detected” a whopping Rs 200 billion revenue leakage in the...

Published 21 Jan, 2021 04:23am

Pakistan

PAC recovers Rs325bn till Dec 31

ISLAMABAD: The Public Accounts Committee (PAC) recovered Rs325 billion till December 31, 2020, sources said. The...

Published 09 Jan, 2021 02:47am

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd / Oct 3 SME Leasing Limited(SLL)	2.24 ▲ 0.47 (26.55%)
Hala Enterprise / Oct 3 Hala Enterprises Limited(HAEL)	8.99 ▲ 1.00 (12.52%)
Habib Ins. / Oct 3 Habib Insurance Company Limited(HICL)	5.05 ▲ 0.54 (11.97%)
Bank of Khyber / Oct 3 The Bank of Khyber(BOK)	11.92 ▲ 0.92 (8.36%)
Merit Packaging / Oct 3 Merit Packaging Limited(MERIT)	7.84 ▲ 0.59 (8.14%)
Engro Powergen / Oct 3 Engro Powergen Qadirpur Limited(EPQL)	25.02 ▲ 1.75 (7.52%)
Masood Textile / Oct 3 Masood Textile Mills Limited(MSOT)	41.82 ▲ 2.92 (7.51%)
United Dist. / Oct 3 United Distributors Pakistan Limited(UDPL)	34.06 ▲ 2.38 (7.51%)
First Tri-Star Mod. / Oct 3 First Tri-Star Modaraba(FTSM)	17.20 ▲ 1.20 (7.50%)
K.S.B.Pumps / Oct 3 KSB Pumps Company Limited(KSBP)	99.13 ▲ 6.92 (7.50%)

Stock	Price
Punjab Mod / Oct 3 First Punjab Modaraba(FPJM)	1.40 ▼ -0.39 (-21.79%)
Grays Leasing / Oct 3 Grays Leasing Limited(GRYL)	3.40 ▼ -0.70 (-17.07%)
First Elite Cap.Mod / Oct 3 First Elite Capital Modaraba(FECM)	2.71 ▼ -0.49 (-15.31%)
Next Capital / Oct 3 Next Capital Limited(NEXT)	4.14 ▼ -0.55 (-11.73%)
Aisha Steel(ConPS) / Oct 3 Aisha Steel(ConPS)(ASLPS)	8.17 ▼ -1.00 (-10.91%)
Leather Up Ltd. / Oct 3 Leather Up Limited(LEUL)	10.71 ▼ -0.98 (-8.38%)
Unicap Modaraba / Oct 3 Unicap Modaraba(UCAPM)	1.36 ▼ -0.12 (-8.11%)
Hussain Industries / Oct 3 Husein Industries Limited(HUSI)	15.40 ▼ -1.25 (-7.51%)
Mehmood Tex / Oct 3 Mehmood Textile Mills Limited(MEHT)	518 ▼ -42.00 (-7.50%)
Premier Sugar / Oct 3 The Premier Sugar Mills(PMRS)	521.37 ▼ -42.27 (-7.50%)

Stock	Volume
WorldCall Telecom / Oct 3 Worldcall Telecom Limited(WTL)	60,699,741 ▲ 0.01
Cnergyico PK / Oct 3 Cnergyico PK Limited(CNERGY)	18,949,237 ▲ 0.14
Oil & Gas Dev. / Oct 3 Oil & Gas Development Company Limited(OGDC)	17,023,821 ▼ -1.11
Unity Foods Ltd / Oct 3 Unity Foods Limited(UNITY)	8,518,496 ▼ -0.64
Bankislami Pak. / Oct 3 BankIslami Pakistan Limited(BIPL)	6,619,948 ▼ -0.06
Pak Petroleum / Oct 3 Pakistan Petroleum Limited(PPL)	6,591,768 ▼ -0.41
K-Electric Ltd. / Oct 3 K-Electric Limited(KEL)	6,049,235 ▲ 0.05
First Prudential Mod. / Oct 3 First Prudential Modaraba(PMI)	5,527,500 ▼ -0.08
Pak Refinery / Oct 3 Pakistan Refinery Limited(PRL)	5,279,550 ▲ 0.11
Fauji Foods Ltd / Oct 3 Fauji Foods Limited(FFL)	4,965,711 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	286.04
USD PKR Interbank Buying / Oct 3	285.64
USD to Japanese Yen / Oct 3	149.79
USD to Swiss Franc / Oct 3	0.92
Pound Sterling to USD / Oct 3	1.21
Euro to USD / Oct 3	1.05
UK LIBOR % / Sep 28	5.43

Stock	Volume
S&P 500 / Oct 2	4288.39
Nasdaq / Oct 2	13307.77
Dow Jones / Oct 2	33433.35
India Sensex / Oct 3	65512.10
Tokyo Nikkei / Oct 3	31237.94
Hang Seng / Oct 3	17295.97
FTSE 100 / Oct 3	7509.27
Germany DAX 30 / Oct 3	15210.01
France CAC40 / Oct 3	7048.41

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 2	18235
Gold 10 Grams PKR / Oct 2	173610
Crude Oil USD/Barrel / Oct 3	88.49
Gold Spot USD/Ounce / Oct 3	1827.91
Cotton US¢/pound / Oct 3	87.52

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