Thread: Accounting and Auditing
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Old Monday, November 09, 2009
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Originally posted by Purab Sarhan:
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And Pakistani books do not seem to follow any International or what so ever standards.
Dear, you are absolutely mistaken here. IAS and IFRS are same thing. and all the accounting standard sr strictly followed in Pakistan. If not, what our chartred accountants r doing there. Then why not am M-commer or MBA take up their work.

Go through "Practicle Workbook on IFRS 2008" by Petiwala Book Depot for practice on Standards.

Obviously, if u hav nt studied the standards in ur studies, u will not be able to grasp them as they r too technical. Whole of the accountancy functions on thse standards.

Pakistani chaekers and checkers all over the world for accountng and auditing papers look for the application of relavant acounting/auditing standars to teh questions and the right treatement of the assets/liabilities/equity provided thereof.
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