The Government of Pakistan adopted the Auditors Certificate Rules, 1932 and the Companies Act of 1913 for regulating the profession of accountancy in the country. In the year 1950, the Government of Pakistan reframed the Auditors Certificate Rules with necessary modifications to suit the prevalent needs of the profession. Under these Rules, the accountancy profession in Pakistan included practicing and non-practicing Registered Accountants. The Registered Accountants formed a private body known as the Pakistan Institute of Accountants (PIA) to safeguard and promote the interests of the Accountants…. View more Click Here

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