About us - The Firm
The Firm was established in 1971 having offices at Karachi, Lahore, Faisalabad and Islamabad is one of the leading professional firms in the Country. The Firm provides a full range of professional services across the international boundaries to the business and social community which includes:
Accounting and auditing:
Audit (Statutory, Cost and Special), accounting and book-keeping, budgeting & forecasting, business plans, management accounting, preparation of financial statements, company secretarial work, investigations.
IT Consultancy Services:
System analysis and designs (keeping in view the requirements of International Financial Reporting Standards Framework as applicable in Pakistan and relative industry), system alignment, Customized software development, implementation, installation and training, Software selection, Hardware selection and acquisition, IT system audits.
Taxation:
Tax planning and consulting, Income / sales tax returns preparation and filing, representing before assessing and appellate authorities, formation, exemption and approvals for trusts, non-profit organizations and employment benefit plans.
Consultancy Services:
Profitability analysis, mergers and acquisitions, management advice including buy-outs, system analysis and designs, stock markets listing, litigation support, valuations, corporate restructuring / recovery including liquidations, recruitment services, market sector analysis, business formation and new company formation, joint venture agreements, corporate structuring and developments.
Corporate Services:
Incorporation of New Companies, enlistment of companies at the Stock Exchanges, changes in the constitutions – Memorandum and Articles of Associations, submission of secretarial returns to the SECP, advice on matters of corporate laws, appearance on matters before the relevant authorities, maintenance of legal books as required under statute, shareholders dealing i.e., Share allotment and transfers, issuance of share certificates, members meeting and recording of their minutes, etc., winding up of the companies, to act as Administrator / Liquidator in winding up of Companies, shifting of Registered Office, delisting from stock exchange and buy back facilitation.
The Firm has been rendering these services to all the major sectors of industries, professions and vocations all over Pakistan for the last four decades and has the honour to carry out the statutory audits of largest organizations of the country such as State Bank of Pakistan, Pakistan International Airlines, all the Nationalized Commercial Banks, State owned organizations and major listed companies.
The Firm is a member of Kreston International, an association of public accounting firms, having affiliated offices worldwide. Regular communications are being made between the member firms re: evolutions in the area of accounting and auditing.
The Firm has been assigned “in accordance with” ratings under the Quality Control Review program of the Institute of Chartered Accountants of Pakistan (ICAP) while rated “Good” under Audit Compliance Review of the ICAP which are the pre-requisite for appointment of Auditors by a listed Company in Pakistan.
The Firm has been recognized in category “A” of the State Bank of Pakistan that makes it eligible to be appointed as Auditors of Large Banks and Financial Institutions., Insurance and Leasing Companies and Modarabas. Moreover The Firm is on the panel of all the major institutions i.e., Securities & Exchange Commission of Pakistan, Auditor General of Pakistan, Central Board of Revenue, Zakat Administration Authorities, International Association of Travel Agents (IATA) etc. on whose behalf special audits are conducted.
The Firm has also been recognized by the World Bank as competent to undertake the audit and accounting work and render consulting services to the projects financed by the World Bank.
The firm is sub-divided into the following divisions:
>> Audit
>> Taxation
>> Corporate Affairs
>> Consultancy
>> Information Technology
>> Quality Assurance
