This particular blog is written by Syed Asim Habib, Senior Manager HR and Consulting. SOFT SKILLS An educational definition of Soft Skills is “personal attributes that enable someone to interact effectively and harmoniously with other people.” Broadly, soft skills like critical thinking, emotional intelligence, and adaptability are necessary for all employees to have. It refers [...]
This blog is written by Mr. Abdul Hafeez, Senior Manager Taxation and Corporate Services. Please read this blog and provide your valued comments. Double taxation and Tax treaties Double taxation occurs where residence country and source country impose tax on the same source. Thus double taxation is described as the imposition of income tax by [...]
The following blog is written by Mr. Atiq Ur Rehman, Senior Manager VAT, International Taxation. It is an extremely well written piece. Please read this blog and provide your valued comments. TAX AMNESTY SCHEMES IN FBR - GOOD or BAD Tax amnesty scheme is a word of the day in Pakistan as the Federal Board of [...]
Readers of KCO blogs are welcomed once again. After a gap of almost 2 months, Khilji & Co, Chartered Accountants are pleased to start the Blog Writing Campaign. This particular campaign which will continue during upcoming weeks will consists of fresh Blogs written by all KCO Team members. This 1st blog is written by Mr. [...]
This blog is written by Mr. Haseeb Zaman, Audit and Tax Associate. Please read this blog and provide your valued comments. Identifying and assessing audit risk is a key part of the audit process, and ISA 315, Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment, gives extensive guidance to auditors about [...]
This blog is written by Mr. Maaz Khan, Associate Audit and Assurance Services. Please read this blog and provide your valued comments. Audit risk model Audit risk is the risk (chance) that the auditor reaches an inappropriate (wrong) conclusion on the area under audit. The audit risk is derived from errors which are not prevented/detected by entity’s [...]
This blog is written by Mr. Omar Rafeh Chughtai, Associate Internal Audit. This blog provides view of an individual based on personal experience. Please rad this blog of provide your valued comments. Scope of Internal Audit An internal audit measures a company's compliance with external and internal standards. With a checklist for an internal audit of a company, [...]
This blog is written by Mr. M. Wasim Roshan, Sr. Associate Taxation and Audit Services. Please read this blog and provide your valued Comments. Four Things You Can Learn from Your Tax Return According The Tax Year 2017. If you already started away your tax return, you may want to dig it back out. There are a [...]
This blog is written by Mr. Waheed Ahmed, Associate Audit and Assurance Services. Please read this blog and provide your valued comments. Materiality For purposes of the ISAs, performance materiality means the amount or amounts set by the auditor at less than materiality for the financial statements as a whole to reduce to an appropriately low level [...]
This blog is written by Mr. Faisal Farooq Associate, Taxation Services. Please rad this blog and provide your valued comments. How to File a Monthly Sales Tax Return? There are some steps to file a sales tax return in Federal board of Revenue portal which are as follow. The first is to visit the official [...]
