Transnational Audits
Audit & Reviews
- Statutory / External audit
- Special purpose audit (includes Donor Requested Audits),
- Review,
- Due Diligence,
- Internal control audits according to national regulations & international standards
- Agreed-upon procedures,
- Compilation of reports,
- Conducted Sales Tax Audits as appointed by the C.B.R / FBR (Federal Board of Revenue)
- Firm has also been appointed by Securities and Exchange Commission of Pakistan as inspectors to conduct specialized investigative audits about the affairs of the companies.
Transnational Audits
The Forum of Firms
In response to the trend towards globalisation an international grouping, the Forum of Firms (FoF), was founded by Chartered Accountant Firms.
Membership is open to firms and networks that have transnational audit appointments or are interested in accepting such appointments.
These firms have a voluntary agreement to meet certain requirements that are set out in their constitution. These relate mainly to:
Promoting the use of high-quality audit practices worldwide, including the use of ISAs
Maintaining quality control standards in accordance with International Standards on Quality
Control issued by the IAASB, and conducting globally co-ordinated internal quality assurance reviews
The Transnational Auditors Committee (TAC) provides guidance to the members of the FoF.
Audit & Reviews
- Statutory / External audit
- Special purpose audit (includes Donor Requested Audits),
- Review,
- Due Diligence,
- Internal control audits according to national regulations & international standards
- Agreed-upon procedures,
- Compilation of reports,
- Conducted Sales Tax Audits as appointed by the C.B.R / FBR (Federal Board of Revenue)
- Firm has also been appointed by Securities and Exchange Commission of Pakistan as inspectors to conduct specialized investigative audits about the affairs of the companies.
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