Audit & Assurace

Companies that successfully address audit issues, improve the quality of their financial reporting, and stand to gain global credibility with leading sources of capital.

Audit services have been long associated with the traditional domain of verification and assurance. However, in line with the recent shift in the global audit perspective, we have realigned ourselves and have shifted our focus on the creation of value for the entities being audited.  

As a leading audit firm in Pakistan, at Usman Rasheed  & Co Chartered Accountants, we offer a comprehensive range of professional audit and assurance services to meet the diverse needs of our clients. With a team of highly qualified chartered accountantans (CA), and experienced auditors, we are committed to delivering excellence in every aspect of our work. We are creating value for our clients by helping them identify and understand the risks that so far have not even arisen to a prominent level. Since, competing globally, the businesses have to be proactive on risk management, we are there to help them in this ever-complex process.

Our Audit and Assurance Services:

  • Statutory Audit:

As a independent audit firm, we perform statutory audits in accordance to International Standards on Auditing, requirements of Companies Act 2017 and guidelines of the Institute of Chartered Accountants of Pakistan (ICAP) and other relevant regulatory bodies. Meticulous approach of our CA firm ensures that financial statements provide a true and fair view of the company’s financial position. 

  • Financial Audit:

Our financial audit services focus on verifying the accuracy and completeness of financial records, assessing internal controls, and providing assurance on the reliability of financial statements. At Usman Rasheed & Co Chartered Accountants we employ advanced techniques to identify potential risks, enabling us to provide valuable insights to clients.

  • Tax Audit:

We assist businesses in fulfilling their tax obligations by conducting thorough tax audits. Our team of chartered accountants possesses in-depth knowledge of tax laws and regulations in Pakistan, ensuring compliance with relevant tax provisions and minimizing tax-related risks.

  • Compliance Audit:

We conduct compliance audits to assess the adherence of organizations to legal and regulatory requirements. Comprehensive approach of our audit firm helps businesses identify gaps in compliance and implement effective controls to mitigate risks and enhance their overall governance framework.

  • Internal Audit:

Our internal audit services help organizations evaluate and enhance their internal control systems, risk management practices, and operational efficiency. As a leading audit firm, Usman Rasheed & Co Chartered Accountants provide valuable recommendations to improve processes, enhance accountability, and safeguard assets. 

  • External Audit:

As an external audit firm, we offer an independent assessment of financial statements, providing assurance to stakeholders, including investors, lenders, and regulatory authorities. Rigorous audit procedures of our CA firm and adherence to international auditing standards ensure the credibility of financial information and to assess that either financial statements/management reports are prepared according to applicable standards and industry best pratices. 

  • Forensic Audit:

In cases involving suspected fraud, financial irregularities, or legal disputes, forensic audit services of Usman Rasheed & Co Chartered Accountants help uncover evidence and provide expert opinions. Specialized team of our audit firm combines investigative skills with accounting expertise to deliver accurate and reliable forensic reports. 

  • Risk Assessment:

We assist organizations in identifying and evaluating risks that could impact their financial stability and reputation. Risk assessment services  of Usman Rasheed & Co Chartered Accountants enable businesses to develop effective risk management strategies and make informed decisions to mitigate potential threats. 

At Usman Rasheed and Co Chartered Accountants, we adhere to the highest professional standards and ethical practices. Our certified accountants possess extensive knowledge and expertise in auditing, ensuring that our clients receive accurate and reliable audit reports and advisory services. We are committed to helping businesses in Pakistan thrive through our  services and personalized client-focused approach.

    Let’s connect and discover how we can help your business thrive

    Our Approch

    • Agreeing the scope of the audit in advance, so that we can pay attention not just to the statutory aspects of the audit, but also to the processes important to your business
    • Providing a clear audit plan, so that you know what we’ll need from you and when;
    • Minimising disruption by settling as many queries as possible whilst on site;
    • Providing a transparent review of your financial processes, highlighting what is being done well and recommending where improvements can be made.

    Responsive approach of Usman Rasheed & Co Chartered Accountantsis aligned to your needs and designed to help you identify and mitigate the key challenges and risks in your business, navigate the ever changing regulatory landscape, and keep your business on track.

    About Us

    Usman Rasheed & Co Chartered Accountants is a leading financial advisory and audit firm in Pakistan, having offices in Islamabad, Quetta, Lahore, Karachi, Peshawar & Gilgit. The firm is providing Audit, Tax, Corporate, Financial, Business, Legal & Secretarial Advisory services and other related assistance to local and foreign private, public and other organizations working in Pakistan

    Contact Us


    +92 51 889 9468

    +92 334 459 0610

    Head Office: 7th Floor EOBI House G 10/4 Islamabad
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