Public Financial Management

At Usman Rasheed & Co. Chartered Accountants (URCA), we deliver comprehensive Public Financial Management (PFM) services in Pakistan that strengthen fiscal governance, improve resource allocation, and enhance public sector efficiency. We support governments, public institutions, and international development partners — including the World Bank, ADB, EU, and GIZ — in designing and implementing reforms that ensure transparency, accountability, and measurable development outcomes

We offer tailored financial governance services designed to tackle complex public sector challenges in budgeting, reporting, procurement, reform, and aid management. Whether you’re a ministry, a donor-funded project, or a public institution, our PFM experts can help build transparent, compliant, and performance-oriented financial systems.

Our Core Public Financial Management Services

1. Budget Formulation and Analysis

We support governments and public agencies in designing fiscally responsible and development-aligned budgets. Our budgeting experts conduct historical trend analysis, integrate macroeconomic forecasts, and apply fiscal risk assessments to create credible and efficient budgets.

2. Financial Reporting and Regulatory Compliance

Our PFM consultants ensure adherence to international public sector accounting standards (IPSAS) and local regulatory requirements. We help you produce timely, transparent, and audit-ready financial statements to foster trust and improve decision-making.

3. Performance Monitoring and Evaluation

We implement customized monitoring and evaluation (M&E) frameworks to assess the effectiveness of government programs and public expenditures. Our insights drive policy improvements and accountability across ministries and public-sector entities.

4. Public Debt Strategy and Risk Management

We design and review public debt management frameworks aimed at minimizing fiscal risks, controlling borrowing costs, and ensuring long-term sustainability in line with your development and macroeconomic goals.

5. Procurement & Contract Management

We provide comprehensive support in public procurement, from bid preparation and evaluations to contract compliance and post-award monitoring—ensuring transparency, efficiency, and value for money in every procurement cycle.

6. Capacity Building & Institutional Strengthening

Our firm delivers customized training programs to public officials on PFM systems, internal controls, budgeting, audit, compliance, and reporting—equipping institutions to sustain reform and improve fiscal discipline.

7. Public Financial Reforms

We work closely with governments to develop reform roadmaps, update legislation, and implement PFM reform strategies focused on digitalization, transparency, efficiency, and accountability.

8. Public-Private Partnerships (PPPs)

We advise on structuring, financing, and managing PPP frameworks, enabling governments to attract private sector investment in infrastructure and service delivery under clear and compliant contractual arrangements.

9. Aid Effectiveness & Donor Coordination

We align donor funding with national priorities, helping governments implement aid effectiveness principles, improve donor coordination, and maximize the developmental impact of external assistance.

10. Sector-Specific Financial Advisory

We offer specialized financial solutions for key sectors including health, education, agriculture, and infrastructure. Our sectoral financial advisors tailor strategies to align with policy goals and operational constraints.

Why Usman Rasheed & Co for Public Financial Management?

• Proven Track Record with federal & provincial governments, WB, ADB, EU & UN agencies
• In-depth knowledge of PFM systems, reforms & donor-funded projects in Pakistan
• Multi-disciplinary team of Chartered Accountants, Policy Analysts & Economists
• Full coverage of PFM lifecycle – from budgeting to audit & reform
• Local insight with global standards in public sector advisory

Why Choose Us?

Expertise:

Usman Rasheed & Co Chartered Accountants (URCA), a top-rated chartered accountancy firm in Pakistan, brings decades of experience in audit, tax consulting, accounting, and financial advisory services. Our multidisciplinary team delivers trusted, results-driven solutions tailored to your business goals.

Client-Centric Approach:

We build long-term relationships rooted in trust, integrity, and transparency. URCA prioritizes responsive service and personalized financial strategies that align with your industry, growth stage, and compliance requirements.

Comprehensive Services:

Whether you’re a foreign company entering Pakistan, a startup navigating regulations, or a corporation seeking strategic financial planning, we cover it all—tax planning, regulatory compliance, corporate structuring, and cross-border advisory. We adopt a 360-degree approach to meet all your financial and legal obligations efficiently.

Local Market Knowledge:

As a trusted Pakistani financial advisory firm, we offer deep insight into the Pakistani regulatory landscape, enabling you to overcome market entry challenges and regulatory hurdles with confidence. Our localized expertise translates into a measurable competitive advantage for your business.