True Presentation

Audit firms play an important part in the compliance of the business, it is required by the Securities exchange commission of Pakistan, that all the publicly trading companies must have their accounts audited, and the auditing report must be publishing. Moreover, companies should also have an internal audit committee looking over the business transaction and compliance. As businesses undertake and engage in a many transaction, which if not done properly could affect the compliance of the business. Such as when businesses start taking too much risk, risk taking that is beyond their risk appetite, businesses are required to manage their risks according to the risk appetite, to prevent any exposure to such risk which could affect the sustainability of the business. This is why there are audit committees, which are looking over the business transactions, and business activity. In the recent times there have been rise in requirement of enterprise risk management especially after the crisis of 2007-2009. These crises brought in to attention that misleading representation of information were one of the reasons behind the crisis, where the rating committees failed to rate the banks properly. Similar failure can also be expected within business where the business take too much risk, and there is false representation to the stakeholder of the information. This creates another risk, systematic risk.

To ensure that such incidents do not happen regulatory bodies have made it compulsory foe businesses to get their accounts audited by an external party, to minimize the biasness. Si, if your business is looking for an auditing firm in Pakistan, we have it covered for you. Sayub & co. is an auditing firm in Karachi the heart of city, the business hub of the country. Sayub & co. is an accounting firm of chartered accountants to help their clients get the auditing report. Moreover, our team will help you in adopting to practices that will help you maintain compliance also, other than just providing your business with the audit report. We will help you in devising better strategies and action plan to maintain your corporate compliance. Consulting firms provide companies or entrepreneurs with the financial and legal advices they require. Advices from the experts is another factor which makes a business flourish so contact now with one of the best business consulting firms of Pakistan. For more information, get in touch today.