Difference between GAAP & IFRS

Difference between GAAP & IFRS

Difference between GAAP & IFRS Overview Without accounting and financial reporting standards and principles , businesses could easily skew and distort their financial results to make themselves look more attractive and successful to the investors and general...
Accounting & Reporting of Cryptocurrency under IFRS

Accounting & Reporting of Cryptocurrency under IFRS

Accounting & Reporting of Cryptocurrency under IFRS Over View  Cryptocurrency is a type of digital currency that does not have a physical existence. In contrast to fiat currency, it was introduced as a means of exchange in the modern era. Because it is not backed...
Impact of Recent (2022) Floods on Economy of Pakistan

Impact of Recent (2022) Floods on Economy of Pakistan

Impact of Recent (2022) Floods on the Economy of Pakistan  Pakistan’s economy has suffered significantly as a result of the recent floods. The floods, which began in July 2020, harmed over 20 million people, destroyed or damaged over 1.7 million homes, and...
Role of Donor Agencies in Pakistan

Role of Donor Agencies in Pakistan

Role of Donor Agencies in Pakistan Over View Donor agencies play an important part in Pakistan’s development and economic progress. These organisations provide financial aid and resources to a variety of sectors, including education, health, infrastructure, and...
Causes of Low Tax Collection in Pakistan

Causes of Low Tax Collection in Pakistan

Causes Of Low Tax Collection In Pakistan Over View  Generally, direct taxes are considered as fair and equitable way of raising revenues for the governments. Direct taxes make the system more progressive through balancing income distribution and narrowing down the...