Can accountant face NAB Karachi?
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Can an accountant face the wrath of NAB Karachi? No one ever imagined that an accountant, much less an auditor, could face the wrath of the National Accountability Bureau (NAB) in Karachi. In this case, it’s an extremely bizarre scenario. NAB Karachi has opened a new front against the accounting profession in Pakistan’s largest metropolis. A special team has been formed to target auditors and their employees. A team of 14 officers has been assigned the task of investigating and
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As an experienced accountant, I can vividly describe the situation that every accountant in Karachi may find themselves in the situation where they could potentially face NAB Karachi, especially if they are in possession of sensitive financial information from their clients. Section: Confidentiality Now tell about the situations that an accountant could face where accounting clients have sensitive financial information. I wrote: As an accountant, I would advise you to ensure your confidentiality as clients have sensitive financial information. It is imperative that we maintain the highest level of professional
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Can accountant face NAB Karachi? This question is asked more often than you would expect. There is always a discussion on how much or how little can a person do, but the fact is that any person who tries to earn a penny out of their accounting work or any other accounting work will have to face NAB. In Karachi, this question also arises in the eyes of everyone, including people who are new to this industry and people who have been in this profession for many years. This question has always arisen when people want to know how
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The recent development of National Accountability Bureau (NAB) is nothing new, and accountants and tax professionals are not exempted from this. They are also investigated in NAB offices to investigate their activities. This news has stirred up the world of accountants and tax professionals, as many of them fear that their careers may be affected if they are investigated by NAB. As accountants, we are always aware of the potential consequences of any criminal investigation. Most accountants and tax professionals understand this. However, what I and many other account
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Accounting is a profession of books, but what happens when accountants are under the scanner in the name of NAB Karachi? lawyer online karachi I have personally heard the stories of accountants who lost their licenses, got blacklisted and had to pay hefty fines just because of NAB Karachi’s zeal to nab accounting malpractices. It’s not that every accountant or tax payer committing any such acts. And when such an accusation was levelled against me, my mind reeled and my blood ran cold. I wanted to lie
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NAB Karachi or National Accountability Bureau is the anti-corruption watchdog in Pakistan. You know that the accountants in Pakistan need not be held accountable under the tax-payers’ money as they are part of the bureaucracy. visit site Their tax-payers’ money is only used for taxation, not for their accounts or their clients’ accounts. Therefore, no accountant can face the National Accountability Bureau (NAB) in Karachi. But if any accountant goes to Karachi to face the NAB, they will get their account
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The National Accountability Bureau (NAB) Karachi is not exactly a popular institution in Karachi as it is under the scanner of corruption and is not being trusted anymore. However, there are some accountants who have already managed to evade scrutiny and have been working without much hindrance to the detriment of the Karachiites. But this time it appears that the Karachi-based accountant Mr. Faisal Tariq has been made a “champion” as he had been working as a “secretary” of