The Securities and Exchange Commission of Pakistan (SECP) is the financial regulatory agency established in 1997 to regulate the corporate sector and capital markets in Pakistan, including stock exchanges, securities trading to prevent fraud, and the development of the capital markets. The SECP also now regulates insurance companies, non-banking financial companies, and private pensions. It aims to present consolidated financial statements for groups of companies as if they were a single economic entity according to International Financial Reporting Standards (IFRS) 10.

2.  Financial Regulatory agency in Pakistan.
 Setup Under Security and Exchange
commission act of Act 1997 and operational
from Jan 1999.
 Regulation of Corporate sector / Capital
market.
 Now also includes Regulation Of Insurance
Companies, Non banking finance companies
and Private Pensions

3.  Regulating issue of Securities
 Regulating Stock exchange
 Stopping Fraud in trade and security markets
by blacklisting companies
 Supervising Online trade
 Development of Capital Market and corporate
sector.

4.  Security Market Division
 Specialized Companies Division
 Insurance Division
 Law Division

6.  Consolidated financial statements are financial
statements that present the assets, liabilities,
equity, income, expenses and cash flows of a
parent and its subsidiaries as those of a single
economic entity.
 IFRS 10 establishes principles for presenting
and preparing consolidated financial
statements when an entity controls one or more
other entities

7.  The purpose of consolidated statements is to
present, primarily for the benefit of the
shareholders and creditors of the parent
company, the results of operations and the
financial position of a parent company and its
subsidiaries essentially as if the group were a
single company with one or more branches or
divisions.