Audit & Financial Reporting Requirements

The audit and financial reporting requirements of Pakistan are summarized by type of company:

 

Audit 

An independent audit of financial statements is one of the foundations for the effective operation of the capital markets. Audit quality is vital for maintaining trust in the financial reporting process and the integrity of financial information.

What we do - Audit

Stakeholders require responsible opinion from independent auditors and the fundamental goal of our professionals is to provide this assurance.

 

Our audit is based on six key principles to help ensure optimal service for our clients in the listed, private and public sector. These are:

  • Technical experience: providing transparent, credible, timely and decisive judgments.
  • Focus: a prioritized approach, concentrating on mutually agreed key risks.
  • Involvement: frequent communication and substantial partner involvement supports the early identification and discussion of emerging risks.
  • Insight: sharing our views and observations on business performance, based on company and sector  knowledge.
  • Integrated: tax and technology professionals, for example, are all part of our multi-disciplinary team.
  • Consistency: strong central direction brings cohesion and co-ordination of our audit team across all subsidiaries and territories.

 Financial Statements Audit

 

KPMG in Pakistan provides independent audit services that can validate and help to enhance the reliability and credibility of organization’s financial reporting.


Audit Related Services


KPMG in Pakistan assists clients with a range of audit related services in the areas of compliance audit, reports on internal controls, review reports, agreed upon procedures and audit of prospective financial information.

Our Audit Approach

Our audit methodology is designed to focus the audit on the risks that might have material impact on the financial statements.

Heads of Audit

  • Karachi

   Amir Jamil Abbasi

  • Lahore

   Farid Uddin Ahmed / Kamran Iqbal 

   Yousafi

  • Islamabad

   Syed Bakhtiyar Kazmi

 

Audit Services

  • Financial Statements Audit
  • Agreed Upon Procedures
  • Other Attestation Services