SECP implements quality control mechanism for cost auditors

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ISLAMABAD, Feb 15 (APP): Securities and Exchange Commission of Pakistan (SECP) in its recent meeting has withdrawn the 1990 Vegetable Ghee and Cooking Oil Companies (Cost Accounting Records) Order, and issued a circular requiring appointment of QCR rated auditors for performance of cost audit. The SECP has been entrusted with a multifaceted role of ensuring accountability and transparency and at the same time enhancing the ease of doing business.