OUR SERVICES

The range of services covers all aspects of audit and assurance, management, fiscal, taxation, corporate and information technology consulting. Our products are distinct in terms of their nature effectiveness and utility to the clients.
The way we manage our business is based on a set of core values – honesty, integrity and respect for people. These are embodied in our principles that describe the behavior expected of every employee in their business relationships with other people, organizations and companies.

We believe in the promotion of trust, openness, teamwork and professionalism and take pride in what we do. In order to make sure that we act according to our values, we have put in place, and are still installing the necessary management systems and protocol tools that help employees go about their daily business in a responsible way.

Audit & Accountancy
Audit in Pakistan is conducted in accordance with the applicable international standards on auditing. The financial statements of companies are prepared and audited under the provisions of the Companies Ordinance, 1984; the international accounting standards; other relevant statutes, and guidelines set by the Institute of Chartered Accountants of Pakistan.
Our professional approach to auditing involves strict quality control of our services. This means maintaining highest standards of profession, adopting modern audit techniques and complete independence. We have provided reliable services and earned the respect and recognition of the financial and business community of Pakistan.

Our examination and review of financial statements often results in valuable recommendations and advice to our clients on the adequacy of internal controls, company’s operations and management. We also ensure that such recommendations are conveyed to the management in time to bring efficiency and improvement in the administrative and accounting procedures.

For bookkeeping and accountancy we have developed computerized accounting packages suitably adaptable to various types of
businesses and clients needs. Our Firm does carry out accounting work including computerized bookkeeping for various clients. As part of the service we prepare and provide the books of accounts consisting of cashbook, general ledger, sub-ledgers of sales, purchases, debtors and creditors etc. We prepare balance sheet and profit & loss account etc. and various supporting reports and schedules from the books of accounts if required by our valued clients. In addition to routine accounting information, we also provide to our clients, the periodic reports like cash flow statements, receivable and payable positions, daily reports indicating overall position, periodic financial statements tailored according to the needs of our clients.
We have provided reliable services and earned the respect and recognition among the business community, the public and private sectors as well as the government organizations and corporations in Pakistan.

AUDIT ASSURANCE SERVICES
Our range of services includes the following:
Statutory audit
Internal audit
Cost audit
Investigation and forensic auditing
Accounting and financial statements
Preparing interim management accounts,
Training of the accounting staff.
Improvement of existing system and training of staff and officers to understand and follow newly improved system.
Project financing and working capital financing
Financial, management and organizational research and studies
Management information system (MIS)
Management audit and performance evaluation studies
Designing of accounting system, procedures and methods
Corporate budgeting and planning
Business acquisition and disposal support
Monitoring effective use of funds
Capital expenditure planning and control
Preparation of feasibility reports
Performance evaluation studies
Undertaking turnkey assignments/projects including financing procedures arrangements for long term/short term financing underwriting etc.
ISO 9000 quality management systems, design, training, implementation and finally certification Management Consultancy

We provide an unusually wide range of management consultancy and advisory services which goes beyond what is offered by a traditional firm of accountants. Our partners and staff come from a variety of financial and business backgrounds. We believe in using our experience and skills to provide our clients with advice of the highest quality. Professional training for our staff helps to ensure that clients receive advice that matches their objectives.

Our management consultancy and advisory services business is large enough to cater the needs of big corporate as well as compact to the needs of individuals. Whilst our clients come from many industries, we are well known for our work in development financial institutions, manufacturing concerns, educational institutions and entities engaged in social sector & development programmes. (Briefs on few major assignments are enumerated in section III “Our Experience” of this profile)

Our work philosophy is to provide quality services with complete solution. The same reflects in our work plan and execution methodology of each assignment. For instance during audits, in addition to audit work we also tender advice on business strategies, operating procedures & policies, information systems, technology issues and human resource management.

TAXATION MANAGEMENT
We provide full range of taxation services ranging from the filing of annual returns to the appellate tribunal. Our approach is to ensure that, the client gets the most advantageous treatment under the law while complying with the complex requirements of tax statutes and regulations.

As consultants, we advice on various aspects of business operations to provide a full range of tax services, including all aspects of sales tax, wealth tax and income tax laws and assist our clients in procuring required approvals from the Central Board of Revenue. We provide complete professional services from maintaining of formal statements and records for the purpose of filing of returns to completion of assessments. We also provide services in processing of appeals before the Commissioner of Income Tax and Income Tax Appellate Tribunal of Pakistan.

Our taxation experts are among the best in their area of expertise, most of them have legal background; every member of our tax team has extensive experience in accounting and tax affairs as well as strong presentation and negotiation skills.
Taxation, like other business cost centres, should be subject to good planning and control. We believe that all clients are different and need individual tax strategies. These strategies must ensure that liabilities are always known in advance and that maximum benefits are derived from allowances, reliefs and tax concessions.

We deal with all matters of our clients starting from the preparation of various tax returns including income tax, wealth tax and sales tax up to completion of assessment and appeals before the Commissioner Appeals, the Income Tax Appellate Tribunal, and the higher courts. We also advise our clients on various tax strategies and tax saving measures falling within the law. Our philosophy is to ensure that, the client gets the most advantageous treatment under the law while complying with the complex requirements of tax statutes and regulations.

We prepare and circulate comments on Finance Bill every year, when it is presented to the National Assembly. We also supply to our clients comments on the Finance Act, finally passed. We do send copies of important circulars and other notifications issued by the Central Board Revenue to our concerned clients and keep them updated on matters relating to their businesses.

Corporate Affairs & Secretarial Practices:
Our client base has expanded greatly due to our excellence in handling the corporate affairs of our valued clients and has made us one of the leading firms in the country in this area as well.
OUR RANGE OF SERVICES INCLUDE THE FOLLOWING:
Secretarial services
Public offerings
Corporate finance
Secretarial Services

We provide services for the formation and establishment of all types of business entities, partnership firms and corporate bodies. The services include preparation of Memorandum & Articles of Association of the companies and partnership deeds and various other documents to be filed with the Securities and Exchange Commission of Pakistan & the Registrar of firms etc. We also provide advice on company laws, legislation of exchange control and monopolistic and restrictive trade practices. The services include preparation of various documents for the Registrar, joint stock companies in all major cities and Securities and Exchange Commission of Pakistan in Islamabad. We also have experience in conducting investigative audits & preparing reports for the Registrar Modarabas and the State Bank of Pakistan.

We further provide advice on conversion of private companies into public limited companies and vice versa.
We also undertake:
Incorporation of Modaraba companies, registration as Modaraba companies with Registrar, Modarabas - Peshawar and approval of prospectus from Registrar, Modarabas and the Religious Board.
Preparation of applications for listing of shares on the Stock Exchange.
Preparation of applications for approval of prospectus from the Securities & Exchange Commission of Pakistan, Islamabad.
Arranging overseas subscription by representation at conferences in other countries.
Representation at stock exchanges in Pakistan.
Monitoring the response and prompt collection of information.
Completion of legal formalities for opening of subscription account with bankers to the issues.
Dealing with bankers to the issue and collection of subscription figures.
Arrangement of ballot and other related services.
Printing and issuance of share certificates/debentures to the subscribers.

The firm also undertakes:
Preparation of Memorandum and Articles of Association and completion of incorporation procedure.
Approval of prospectus from all relevant authorities including financial institutions, stock exchanges, Securities & Exchang
Commission of Pakistan, Islamabad.
Incorporation of brokerage house / advisory company and mutual funds under the Companies Ordinance, 1984, registration and approval from the Securities & Exchange Commission of Pakistan.
Public Offerings

We provide complete and comprehensive professional services, which include:
Preparation of all kinds of prospectus.
Obtaining consent letter from bankers to the Issue.
Preparation of applications for listing of shares on stock exchanges.
Preparation of applications for approval of prospectus from Securities and Exchange Commission of Pakistan.
Completion of legal formalities for opening of subscription account with bankers to the issues.
Dealing with bankers to the issue and collection of subscription figures.
Arrangements of ballot and other related services.

CORPORATE FINANCE
We have a team of professionals who provide clients with the following:
Arranging placement of shares in the international and domestic markets.
Arranging syndication of new issues through financial institutions and securities firms.
Arranging loans and equity for new and existing units.
Advising on corporate structuring.
Advising on mergers, acquisitions and privatisation in Pakistan and abroad.

Information Technology Needs
Computers have become an essential part of business entities. We provide services relating to Information Technology (IT) such as computer audits, feasibility studies, requirement analysis, software development, assistance in acquiring hardware and software from vendors, review mid analysis of existing computer based systems etc.
We develop software customised according to the specific needs of our clients.
Our packages consist of the following: -
Financial reports and final accounts
Control accounts
General ledger
Sales account
Purchase account
Accounts payable
Accounts receivable
Inventory control system
Payroll and personnel management system
Fixed assets control
Budgeting and Forecasting system

We provide following IT related services:
Data entry
Package Implementation
System Development
System Implementation
Manpower Recruitment
Staff Training
Accounting & Bookkeeping
Audit Services
Secretarial Services
Business Planning and Financing Arrangements
Business Valuations and Legal Support
Investigative Audits
Corporate Finance Consulting
Entrepreneurs Resource Group
Family Wealth Enhancement
Corporate Budgeting and Forecasting
Income Tax Planning & Compliance
Income Tax Preparation - Corporate & Personal
Microcomputer Accounting Advisory Services

We support all popular operating environments. The Integrated Accounting System is available for:
Single user
Multi-user
Local area networks (LANs)
Commitment to Business Software Excellence

We recognise that many users have similar needs and we identify these key elements of solution to support computerised accounting. Our first concern is to provide feature-rich, stable and powerful accounting software to handle a wide range of needs. The second key element is to develop an accounting system in a modern database language. The third criterion is flexibility. Users must be able customise the programs precisely to the needs of their business. We give our clients the option to purchase source code.

We believe that the needs of today's business user cannot be satisfied by accounting systems designed only for the bookkeepers. Business Managers want immediate access to all key financial and management data to make timely decisions.
Key Benefits of Integrated Accounting System Immediate access to information is the key benefit of an integrated accounting system (IAS). The usefulness of an accounting system is judged by its ability to translate facts and figures into the information one needs, when one needs it. This information is a key factor in tracking efficiency and forecasting the needs of ones’ business. Each system in IAS offers powerful reports, based on feedback from our customers.

Whilst software companies are expert in their field, they rarely have accounting and operational systems expertise. We are able to implement individual business management, accounting and information systems for local as well as global operations.

Special Audits & Investigations
Due to our extensive experience in financial investigations and objective reporting, we have been many times entrusted both by our clients and other organizations for detailed investigation and special audit assignments to unearth the embezzlements and frauds etc., which we have completed very successfully.

The services in this area include special audit of receipts, expenses and inquiry into suspected fraud, assessment of credit-worthiness, verification of fixed assets, inventories, investments and advances made. We also prepare special reports for inclusion in company annual accounts and reports.

A. Questionnaire designing, presetting, redesigning of questionnaire, approval, printing.
B. Data collection.
C. Quality control will be ensured maximum through physical verification.