SECP has issued Circular No CLD/CCD/PR(11)/2017.
In the aforementioned Circular, SECP states that Companies, whose FY year closes on or before June 30, 2017 may now prepare their Annual Financial Statements according to repealed Companies Ordinance 1984. However, all such companies, whose FY closes after June 30, 2017 will be required to prepare their Annual Financial Statements according to Companies Act 2017.
Circular may please be viewed from the link appended below.
Circular no. 17 of 2017 – Preparation and Filing of Financial Statements under Companies Act 2017
