SECP points instructions for non-profitable entities

Securities and Change Fee has accredited to comply with nationwide requirements of monetary reporting and non-profit entities formulated beneath Corporations Ordinance.

In keeping with a notification issued by SECP, non-profit entities had been made sure to comply with accounting requirements launched by Institute of Chartered Accountants of Pakistan.

In keeping with SECP, non-profit entities will put together accounting and monetary reporting requirements on the premise of accountable monetary stattements.

SECP has declared obligatory that each one non-profitable entities can be sure to satisfy requirement of the notification for fiscal yr ranging from July 1.