Future Professions

in All Articles, Auditing and Internal Control, Technology

[video width="500" height="500" mp4="https://theproreaders.com/wp-content/uploads/2023/04/Future-Professions.mp4" loop="true" autoplay="true" preload="auto"][/video] Introduction In today's rapidly evolving world, it is crucial to stay up-to-date with the latest trends and innovations in the job market. As technology continues to transform the way we work, new professions are emerging that require specialized skills and knowledge. Preparing for future professions requires understanding which professions are likely to be in demand in the years to come. To prepare for the future of work, individuals may need to acquire new skills, pursue additional education or training, and remain adaptable to change. This may involve developing expertise in areas like data analytics, digital marketing,...

09 March 2021

Sticky

Internal Control over Financial Reporting (ICFR)

Posted by Ali Murtaza

in All Articles, Auditing and Internal Control

Central Bank Guidelines on Internal Control over Financial Reporting The State Bank of Pakistan vide its BSD circular no.7 dated May 27, 2004 (https://www.sbp.org.pk/bsd/2004/C7.htm) has issued guidelines on the internal control over financial reporting for all banks / DFIs naming SBP Internal Control Guidelines) and in order to ensure consistency in the process of compliance with the internal control guidelines, SBP vide BSD Circular No.5 dated Feb 24, 2009 https://dnb.sbp.org.pk/bsrvd/2009/C5.htm has provided the roadmap naming SBP road map identifying various activities / stages involved in the internal control program. The requirements of each stage of the roadmap has been further elaborated...