Expert Audit & Assurance Services
Our team of certified auditors in Pakistan delivers rigorous examination and verification services to ensure financial integrity, regulatory compliance, and operational excellence. Specializing in IFRS compliance audits, internal control evaluations, and forensic accounting, we provide independent assurance that enhances stakeholder confidence for businesses in Islamabad, Karachi, Lahore and beyond.
Financial Statements Audit
Our comprehensive financial audit services in Pakistan provide independent verification of your organization's financial records, ensuring accuracy, compliance with IFRS/GAAP standards, and fair representation. We examine:
- Balance sheets and income statements
- Cash flow statements and equity changes
- Revenue recognition practices
- Asset valuation and impairment testing
Internal Audit Outsourcing
Comprehensive evaluation of your internal controls, risk management, and governance processes.
- Risk assessment & control evaluation
- Process improvement recommendations
- Fraud prevention mechanisms
Forensic Audit Services
Specialized investigations into financial irregularities and potential fraud cases.
- Fraud detection & prevention
- Dispute resolution support
- Litigation support services
Compliance Audits
Verification of adherence to regulatory requirements and industry standards.
- SECP compliance audits
- Tax regulation compliance
- Industry-specific regulations
ESG & Sustainability Audits
Assessment of environmental, social and governance reporting practices.
- Sustainability reporting verification
- Carbon footprint auditing
- CSR program evaluation
Our Audit Methodology
ProConsult International follows a rigorous, standards-based audit approach:
1. Planning & Risk Assessment
Understanding your business environment and identifying key risk areas
2. Control Evaluation
Testing design and effectiveness of internal controls
3. Substantive Procedures
Detailed testing of transactions and balances
4. Reporting
Clear communication of findings and recommendations
5. Follow-up
Monitoring implementation of recommendations
Audit Services FAQs
We provide comprehensive audit services including:
- Statutory Financial Audits (required by SECP for companies in Pakistan)
- Internal Audit Outsourcing for risk management
- Forensic Audits for fraud detection
- IFRS Compliance Audits for international standards
- Tax Compliance Audits for FBR regulations
- Special Purpose Audits for specific business needs
Audit duration depends on:
- Company size (SMEs: 2-4 weeks, Large enterprises: 4-8 weeks)
- Complexity of financial transactions
- Quality of existing financial records
- SECP reporting deadlines
We provide a detailed timeline during our initial planning meeting.
- Cost savings compared to maintaining in-house team
- Independent perspective from experienced auditors
- Access to specialized skills (fraud detection, IT audits)
- Flexible engagement models (full outsourcing or co-sourcing)
- Benchmarking against industry best practices
Our SECP compliance process includes:
- Detailed review of Companies Act 2017 requirements
- Verification of corporate governance compliance
- Examination of director reporting obligations
- Assessment of shareholder communication processes
- Final compliance certification with recommendations
| Statutory Audit | Internal Audit |
|---|---|
| Mandatory by law (SECP requirements) | Voluntary (unless required by internal policy) |
| Focuses on financial statement accuracy | Evaluates operational effectiveness |
| Conducted annually | Ongoing throughout the year |
| For external stakeholders | For management decision-making |
