AUDIT & ASSURANCE
We optimize benefits of audit for our clients through the provision of the following services.
- Financial Statements Audit
- Internal Audit Services
- Cost Audits
- Special Audits & Certifications
Financial Statements Audit
Expressing independent opinions on the financial statements of our clients are at the core of the firm’s audit services. Conducted in accordance with the International Standards on Auditing (ISAs), the standards and instructions issued by Institute of Chartered Accountants of Pakistan (ICAP) and further adhering to the global audit approach of our principal firm Moore Global, these audits are carried out with thorough knowledge of the client’s industry and with a risk-responsive audit methodology that delivers value beyond addressing financial statement risk alone.
A robust system of quality control has been put in place to ensure all of this. The firm has consecutively been awarded satisfactory rating in the Quality Control Reviews of ICAP. Moreover, a bi-annual practice review is carried out by the principal firm Moore Global as well.
Internal Audit Services of the firm focus on managing business and operational risks driven by an understanding of the business strategies, goals and key business processes of our clients that include companies quoted on the Karachi Stock Exchange and unquoted public companies as well. Our primary activities here involve reviewing internal control procedures for their efficacy and appropriateness and reporting to clients any operational and profit improvement opportunities
Led by an eminent Cost & Management Accountant, the firm’s cost audit team provides these services in accordance with the Cost Audit Rules formulated by Securities & Exchange Commission of Pakistan to clients in the sugar manufacturing, edible oil formulation and power production sectors.
Special Audit and Certification Services
The firm also looks after Special Audits and Certification Assignments outsourced by either the regulatory agencies or managements of the business entities.