970813
STATE BANK CIRCULARS RELATING TO BANKING AND CREDIT
BPRD Circular No. 31
Dated the 13th August., 1997
Preparation of Accounts and Balance Sheet Under Section 34 of the Banking Companies Ordinance, 1962:
In exercise of the powers conferred upon it by sub-section 4 of Section 34 of the Banking Companies Ordinance, 1962, the State Bank of Pakistan has amended the existing forms of Balance Sheet and Profit & Loss Account of banks as set out in the Second Schedule to the said ordinance. Accordingly, the revised forms of Balance Sheet, Profit & Loss Account and Cash Flow Statement together with notes forming part thereof are given below, which will substitute the existing forms. All banks are hereby directed to prepare their annual accounts on the revised forms effective from the accounting year ending 31st December, 1997 and onwards.
