Audit & Assurance Services in Karachi
We help companies and businesses prepare for audits, strengthen internal controls and review compliance, so that your records can be relied on by owners, banks, regulators and tax authorities.
Overview
An audit or review is only as useful as the records behind it. Owners, banks, investors and regulators rely on financial information, and tax authorities test it. We help you get your records, controls and reporting into a state where they can stand up to that scrutiny.
Our work covers preparing for an external audit, reviewing internal controls, checking compliance with tax and regulatory requirements, and supporting you when an audit or inquiry is already under way. We report in plain language, with findings you can act on.
We tell you at the outset exactly what an engagement is and what it is not. Some assurance work, including statutory audits of companies, must be carried out by an auditor who is eligible under the law. Where that applies we explain how the engagement will be carried out.
Who this is for
- Companies and partnerships preparing for an external audit
- Businesses that want an independent review of their controls and records
- Owners who need assurance on financial information for a bank, investor or regulator
- Companies facing a tax or regulatory audit
- Groups that want a periodic internal audit function without hiring a full team
What we handle
- Audit preparation: records, schedules and reconciliations ready for the auditor
- Internal audit and review of controls and processes
- Tax and regulatory compliance reviews
- Support during external, tax and regulatory audits
- Review of financial statements before they are issued
- Findings reports with practical recommendations
Why professional help makes a difference
Records the auditor can rely on
Reconciled balances, supporting schedules and organised documents shorten the audit and reduce questions.
Control weaknesses found early
A review of how transactions are authorised, recorded and checked finds problems before they become losses or audit findings.
Compliance tested before the authorities test it
A review of tax and regulatory compliance shows where you are exposed while there is still time to correct it.
Clear, practical reporting
You receive a report that says what was found, why it matters and what to do about it.
How it works
- Understand the businessWe learn how your business works, what is being audited and who will rely on the result.
- Plan the workWe agree the scope, the records needed and the timetable, so that the work is predictable.
- Review and testWe review records and controls, reconcile key balances and follow up on exceptions.
- Report and follow upYou receive a clear report with findings and recommendations, and we support you in putting them right.
Documents we typically ask for
- Trial balance and general ledger
- Bank statements and reconciliations
- Fixed asset and inventory records
- Sales, purchase and expense records
- Payroll and tax records
- Prior year financial statements and audit reports
- Board or management minutes where relevant
The exact list depends on your case. We will confirm it after a short discussion.
Common mistakes we help you avoid
- Leaving reconciliations and supporting schedules until the auditor arrives.
- Having no written approval process for payments, purchases and journal entries.
- Mixing personal and business transactions in the same accounts.
- Not keeping a clear trail from invoices and bank statements to the ledger.
- Treating an audit as a once-a-year event instead of a routine of good records.
Frequently asked questions
What is the difference between an audit and an internal audit?
An external audit is an independent examination of financial statements, usually once a year. An internal audit is an ongoing review of processes and controls inside the business, carried out for management.
Do you carry out statutory audits?
Statutory audits of companies must be performed by an auditor who is eligible under the law. We tell you at the outset whether your engagement is a statutory audit and, if it is, how it will be carried out.
How can you help me prepare for my audit?
We prepare reconciliations and supporting schedules, organise your documents and review your accounts so that known issues are dealt with before the auditor starts.
What is a compliance review?
A compliance review checks your tax, SECP and other regulatory obligations against what you have actually filed and paid, and lists any gaps with recommendations.
Can you help if the tax department has selected me for audit?
Yes. We prepare the records, reply to the department and represent you during the audit. See our FBR notice and audit service for how we handle it.
How long does an internal audit take?
It depends on the size of the business and the areas covered. We agree the scope and timetable with you before starting.
Will I receive a written report?
Yes. You receive a written report with findings, their significance and recommendations. We walk you through it and help with follow-up.
Can you work with my existing auditor?
Yes. We can coordinate with your auditor, provide the schedules and explanations they ask for, and help you respond to their findings.
Related guides
Our other services
Business Process Outsourcing (BPO)
Bookkeeping, accounting, payroll and back-office work handled for you, with monthly reporting and tax compliance.
Learn more →Advisory Services
Business structuring, tax planning, financial review and decision support for owners and investors.
Learn more →Income Tax Return Filing
Annual return preparation and filing on FBR IRIS, NTN registration and Active Taxpayer List (ATL) support.
Learn more →Start with a conversation
Tell us what you need. We will explain the process, the documents required and the next steps.