Service
Audit & Assurance
At Faizan Ismail & Co., we uphold the principles of transparency, accuracy, and compliance with statutory requirements to exceed the expectations of our stakeholders. Holding a practice certificate from the Institute of Cost and Management Accountants, our auditing and assurance services guarantee the delivery of reliable financial information.
Key Services Offered
Statutory Audits: :
Performing thorough audits for registered companies in Pakistan, our financial audit services meticulously verify and report on financial data, meeting the statutory requirement for transparency with shareholders and regulators. We are authorized to conduct audits for various entities; however, it's important to note that we are not qualified for public and private companies with a paid-up capital of Rs. 3 million or more, as outlined in section 247 of the Companies Act 2017.
Cost Audits:
Our qualified professionals conduct detailed analyses, reviews, and reports on production processes and cost components, assisting entities in performance measurement and efficiency improvement.
Internal Audits:
With a focus on real-time risk management, our internal audit services prevent irregularities and non-compliance, fostering good corporate governance. We provide internal audit services to private SME sectors and various organizations.
Forensic Audits:
Specialized in matters related to fraud and financial crimes, our forensic audit services go beyond documentary evidence to investigate occurrences and procedural lapses, helping trace untraceable crimes.
Performance Audits:
Identifying inefficiencies within organizations, our performance audit services contribute to business growth. We help organizations enhance efficiency, manage resources effectively, and improve profitability.
Assurance and Related Services:
Our assurance and advisory services go beyond financial statement audits, providing credibility to reporting for stakeholders such as regulators, shareholders, investors, customers/suppliers, and government bodies