Ease of Doing Business Index – Pakistan

Pakistan is ranked 108 in the World Bank (WB) recently updated Ease of Doing Business Index, an improvement of 28 from the previous rank of 136. The one achievement that the PTI government can claim for itself in this troubling  environment, is the improvement in the ease of doing business index. So, what actually does... Continue Reading →

IFRS 9 – The Expected Credit Loss Method

In Numerology, Number 9 is known as the number of Universal Love, though in the International Financial Reporting Standards, IFRS 9 ‘Financial Instruments’ was certainly not welcomed with much love. After the financial crisis of 2007 and 2008, the accounting standard bodies were blamed for not adequately catering the impairment provisions of financial assets. The... Continue Reading →

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