Accountancy and Auditing Firm

Accountancy firm is a firm that helps other business with their consultation regarding maintaining the books. It can often be very confusing for business because of different laws that apply. For a business it is very important to maintain their books according to laws and the standards set. The main purpose of these laws is to create harmonious accounting. As the globalization is on the rise there has been development of international accounting standards (IAS). These standards are set to create same standards of accounting throughout the globe to protect the stakeholders’ value and interest. The problem arises when there is conflict of International accounting standard and local standards, if this is the case, the local laws of the country will prevail. In Pakistan the standards are set by Institute of chartered accountant Pakistan (ICAP). This is just one common instance where the consultancy of accountancy firms could be required. Sayub & co. is accounting firm that is equipped with the talent and skill to handle such scenarios. Whether your business is local or international, if you require accounting consultancy we are here to help your business.

Another issue that arises is when businesses following different accounting standard need to get their accounts audited. Auditing is also very important process for a business. It is legally required around the globe and as well as in Pakistan. It is required by the Securities Exchange Commission of Pakistan (SECP). Auditing is done at the end of fiscal year by an auditing firm, and the auditing report must be published by the business, to highlight the fact that how much of their accounts have been maintained according to law, and are legal. An international firm may face difficulties in getting their accounts audited in Pakistan because of the different accounting procedures. If your business is facing such issues, Sayub & co. also offer their auditing services. It is also an auditing firm, Sayub & co has a team of chartered accountants, who will audit the books in the most ethical manner and according to law. If you are interested in getting your accounts audited, Contact Sayub & co now for more help.