Updates Sept 04

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GCA Consultants -Weekly Updates (September 04) 2018

GCA CONSULTANTS:

CA PAKISTAN:

 Display of name and scope of business activities


http://www.sbp.org.pk/epd/2018/FEC8.htm
 SRO amendment 1125
http://www.fbr.gov.pk/DislpaySRO/6388
 FBR integration
http://download1.fbr.gov.pk/Docs/20188101683728587IntegrationwithFBR.pdf
 SECP collaborate with APTAMA
https://www.secp.gov.pk/wp-content/uploads/2018/08/SECP-press-release-August-13-2018-
1.pdf
 Notice for students

Dear Students,
This is to inform that the Practice Kit of CFAP-2 Corporate Laws “Edition 2018” is now available at
ICAP Offices.

 Amendment in advance payment instructions


http://www.sbp.org.pk/epd/2018/FECL12.htm
 Governor SBP agri target
http://www.sbp.org.pk/press/2018/Pr-ACAC-11-Aug-18.pdf
 PWC audit inaccurate and misleading
https://www.telegraph.co.uk/business/2018/08/12/pwcs-audit-bhs-inaccurate-misleading-
says-watchdog/
http://www.cityam.com/290609/accountancy-watchdog-slams-pwc-over-bhs-audits
https://www.retailgazette.co.uk/blog/2018/08/pwc-thrashed-leaked-bhs-audit-investigation/
https://news.finance.co.uk/pwc-slammed-uk-accountancy-watchdog-bhs-audits/
 EY Islamabad – induction alert
https://eygbl.referrals.selectminds.com/student-opportunities/jobs/assurance-trainee-ca-isb-
52459
 Notice for members
https://www.icap.org.pk/important-for-members/
 SBP governor statements

www.gcaofficial.org Page 1
GCA Consultants -Weekly Updates (September 04) 2018

http://www.sbp.org.pk/press/2018/PR-14-Aug-18.pdf
 Revised grid MSA examinations
http://www.icap.org.pk/wp-content/uploads/training_Dept/RevisedGridsofMSA-1andMSA-
2.pdf
 Transition of old scheme papers
https://www.icap.org.pk/transition-of-old-scheme-papers/
 SBP revised holidays
http://www.sbp.org.pk/bprd/2018/CL13.htm
 CEO & CFO are both females in first car company
https://www.businessinsider.com/gm-becomes-first-car-company-to-have-both-female-ceo-
and-cfo-2018-6
 Tax returns for tax year 2018
http://www.fbr.gov.pk/DislpaySRO/6389
 SECP mou with university
https://www.secp.gov.pk/wp-content/uploads/2018/08/Press-Release-August-15-SECP-sign-
MOU-with-Karakorum-International-University-Gilgit.pdf
 IFRS for SME – training modules
https://www.ifrs.org//news-and-events/2018/08/ten-educational-modules-to-support-the-ifrs-
for-smes-standard-are-now-available/
 Inflation monitor
http://www.sbp.org.pk/publications/Inflation_Monitor/2018/Jul/IM_Jul_2018.pdf
 Visit of FBR chairperson
http://download1.fbr.gov.pk/Docs/20188201982359438VisitChairPersonFBR.pdf
 FBR not frozen bank accounts
http://www.fbr.gov.pk/contents/bank-accounts-of-nonfilers-not-frozen-by-fbr/131229
 IASB research forums
https://www.ifrs.org//news-and-events/2018/08/iasb-research-forum-2018-call-for-non-
academic-applicants/
 Why so much oil in middle east?
https://www.geoexpro.com/articles/2010/01/why-so-much-oil-in-the-middle-east-cd8a38e3-
b5f5-462e-979e-2b3bb804dcee
 Sleep deprivation can kill you

www.gcaofficial.org Page 2
GCA Consultants -Weekly Updates (September 04) 2018

https://www.businessinsider.com/sleep-deprivation-effects-on-your-body-brain-2018-
8?utm_content=buffer83002&utm_medium=social&utm_source=facebook.com&utm_campai
gn=buffer
 IFRS 17 webcast
https://www.ifrs.org//news-and-events/2018/08/new-ifrs-17-webcast-insurance-contracts-with-
participation-and-other-features/
 MIA probing KPMG & Deloittee
https://www.straitstimes.com/asia/se-asia/malaysian-institute-of-accountants-probing-kpmg-
and-deloittes-handling-of-1mdb-books
https://economia.icaew.com/en/news/august-2018/deloitte-and-kpmg-investigated-by-
malaysian-institute-of-accountants
 KPMG fined
https://www.telegraph.co.uk/business/2018/08/20/kpmg-fined-3m-misconduct-handling-ted-
baker-accounts/
 Deloittee named to fortune 2018
https://www.accountingtoday.com/news/deloitte-named-to-fortunes-2018-change-the-world-
list
 Big 4 temporary client cap
https://www.ft.com/content/8ade6fa4-a787-11e8-8ecf-a7ae1beff35b
 EY fined for auditing failures 20 years ago
https://www.scmp.com/business/companies/article/2161283/accounting-giant-ey-and-two-
partners-fined-auditing-failures
 Deloitee staff charity on Sunday
https://www.examiner.com.au/sport/local-sport/5595660/deloitte-staff-give-up-their-sundays-
to-work-for-charity/
 Watchdog berates PWC
https://www.theguardian.com/business/2018/aug/15/watchdog-berates-pwc-misleading-bhs-
accounts
 FBR new chairman
https://www.thenews.com.pk/latest/360737-dr-jahanzeb-khan-appointed-chairman-fbr
 Statistics of banking system
http://www.sbp.org.pk/ecodata/fsi/qc/2018/Jun.pdf

www.gcaofficial.org Page 3
GCA Consultants -Weekly Updates (September 04) 2018

 Service charges on payment of donation to dam


http://www.sbp.org.pk/psd/2018/C6.htm
 Rumors denied on new notes
http://www.sbp.org.pk/press/2018/PR-28-Aug-18.pdf
 ITO, 2001 updated till June 30, 2018
http://download1.fbr.gov.pk/Docs/20188291781627174IncomeTaxOrdinanceUpdatedto30-6-
2018.pdf
 Choose your work hours
https://www.bbc.com/news/business-45353786
https://www.standard.co.uk/news/uk/pwc-tells-new-recruits-to-choose-their-working-hours-
a3923831.html
ICMAP UPDATES:

 New Release:
 Job vacancies update
https://www.icmap.com.pk/jobs/jvi_rpt_125082k18.pdf
https://www.icmap.com.pk/jobs/jvi_rpt_19082k18.pdf
 Newsletter
https://www.icmap.com.pk/NewsLetter.aspx
 Upcoming Events:
No update this week
 Student notice board:
 Exam notice
 Pre-qualification documents
https://www.icmap.com.pk/News_Pdf/doc_pre-qualification.pdf
 Realignment of syllabus
https://www.icmap.com.pk/NoticeDetail.aspx?Notename=172
 Financial incentives
https://www.icmap.com.pk/NoticeDetail.aspx?Notename=173
 CBE examinations notice
https://www.icmap.com.pk/ExamNoticeDetail.aspx?Notename=404
 Exam guide

www.gcaofficial.org Page 4
GCA Consultants -Weekly Updates (September 04) 2018

https://www.icmap.com.pk/ExamNoticeDetail.aspx?Notename=405
 CBE admit card
https://www.icmap.com.pk/ExamNoticeDetail.aspx?Notename=406

JOB UPDATES:

 For job updates, please click here jobs page.

www.gcaofficial.org Page 5

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