Draft amendments to AOB law reviewed
ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar on Tuesday chaired a meeting to review proposed amendments to the Audit Oversight Board (AOB) Law. Discussions focused on strengthening the regulatory framework and enhancing institutional effectiveness to promote high standards of audit and financial reporting. The DPM/FM underscored the importance of…
On Tuesday, Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar convened a meeting to assess proposed revisions to the Audit Oversight Board (AOB) Law. The deliberations centered on fortifying regulatory structures and augmenting institutional proficiency to uphold stringent audit standards and financial reporting protocols.
Senator Dar emphasized the criticality of transparency and accountability in bolstering investor confidence and fostering a favorable business milieu. He instructed relevant ministries and entities to maintain robust communication channels and ensure punctual follow-through. The assembly comprised Federal Minister for Law, Justice and Human Rights, SAPM Tariq Bajwa, Secretaries of Finance, Law and Justice, Chairman Federal Board of Revenue (FBR), Chairman AOB, and a representative from the Institute of Chartered Accountants of Pakistan (ICAP). The proceedings were reported by Business Recorder on 2026.
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