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Finance Supplementary (Second Amendment) Act, 2019This amendment has been prepared for our clients and staff for information and guidance only and is available for interested persons at our website http://www.bdo.com.pk. Clients are advised to consult the actual text of the Act while interpreting...

In 2013, the IASB started its Disclosure Initiative project in response to widespread observations that the quality of disclosures in financial statements prepared in accordance with IFRS could be improved. The IASB’s project has evolved during the four year period to date, and has become a...

The development of a new leases standard was originally a joint project between the IASB and FASB, and though they will not issue converged standards, both will bring leases on balance sheet for lessees. IFRS 16 removes the distinction between operating (“off balance sheet”) and finance (“on...

Finance Supplementary (Second Amendment) Bill, 2019This amendment has been prepared for our clients and staff for information and guidance only and is available for interested persons at our website http://www.bdo.com.pk.Clients are advised to consult the actual text of the Bill while...

Over the past year, tech companies have been at the center of attention on a national and global stage at the receiving end of a dizzying array of political, economic, and social changes.Whether it’s dealing with a growing number of regulations, or shoring up data privacy measures in response to...

Karachi, Pakistan: Mr. Feroz Rizvi, Chief Executive PICG with Mr. Qasim E Causer, Managing Partner  BDO Pakistan with other senior members of BDO and PICG.BDO Pakistan signs MoU with Pakistan Institute of Corporate Governance (PICG) on Family Business GovernanceOctober 4, 2018Pakistan Institute...

BDO Ebrahim Consulting (Private) Limited (BDO Pakistan) is a Xero partner in Pakistan under the Xero partner program, and is targeting the cloud based accounting solution services area for Small and Medium Sized business enterprises.

The Securities and Exchange Commission of Pakistan (SECP) has issued Guidelines for Risk Management Systems and Controls for Asset Management Companies (AMCs) through its Circular No 15 of 2018.These Guidelines seek to help AMCs establish risk management and control framework. The Guidelines are...

The Finance Minister presented Finance Supplementary (Amendment) Bill 2018 in the National Assembly for amendment of certain provisions of the Federal tax laws.We are pleased to summarize our comments containing our interpretation of the proposed legislation in this brief. The proposed...