The threshold required for Unlisted companies to report their financial statements to SECP
Reform IDF448
DescriptionThe threshold for unlisted companies to report their financial statements to the SECP will be significantly increased. To ensure uniformity, the reporting threshold will match that for audited financial statements, based on turnover, net assets, and number of employees.
DepartmentSecurities and Exchange Commission of Pakistan (SECP)
Jurisdiction / LocationFederal - Entire Pakistan
SectorAll Sectors
Start Date
Target Deadline
Date Enacted
Implementation StatusIn Progress
Progress 25%
CCORR DirectionEliminate
Cost Savings PKR (Mil.)
Evidence