1. External Auditors

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  2. Internal Auditors

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  3. Tax Advisors

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  4. Corporate Matters

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  5. Consultancy Services

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Partners Profile

Our team includes personnel specializing in diverse fields and capable of handling assignments at various levels of responsibility. In conjunction to qualified management and personnel the firm has an organized infrastructure and other professional facilities to carry out all assignments. Furthermore, the firm has a well-equipped IT department which includes high tech computers. The firm is serving multitude clients and providing them with the services of ace quality.

Partners and staff members of Fazal Mahmood & Company Chartered Accountants at all levels regularly attend educational consortium to keep up to date on the latest issues and new developments in the field of accounting and taxation and other areas. This knowledge allows Fazal Mahmood & Company Chartered Accountants to offer their clients most relevant and timely information.

 

Fazal Mahmood FCA (England & Wales), FCA, FPA (Pakistan)

(Senior Partner)

Fazal Mahmood qualified as chartered accountant from Jeffreys Henry Chartered Accountants, London (a member firm of JHI) in 1984 from Institute of Chartered Accountants in England and Wales. He is a fellow member of Institute of chartered accountants in England and Wales, Institute of chartered accountants of Pakistan and Pakistan Institute of Public Finance Accountant. He is also the member of audit faculty of Institute of chartered accountants of England and Wales. He was elected twice as Council Member of Institute of Chartered Accountants of Pakistan (1997-2005) He also served as chairman technical advisory committee (North) of Institute of Chartered Accountants of Pakistan (1997-2005). He was twice elected as Vice President of Institute of Chartered Accountants of Pakistan. He was also elected as director of Lahore Stock Exchange (Guarantee) Limited for three years (1998-2000). He was also elected as President of Pakistan Institute of Public Finance Accountants. He also attended IFAC and SAFA conferences around the world. He has diversified expertise in capital market issues, Corporate Laws and financial management. He has been engaged in various special assignments throughout his career with Securities and Exchange Commission of Pakistan.

Core Professional Experience

– Strategic financial and corporate planning,
– Handling Tax Affairs of Different Organizations
– Forensic accounting & investigations
– Merger & Acquisitions
– Tax planning of different organizations
– New business start up
– Developing and executing corporate policies and procedures
– System development & implementation
– Business management advisory and consulting

 

 

 

Sheikh Atif Farooq FCA (Pakistan)

(Partner)

Sheikh Atif Farooq qualified as a Chartered Accountant in the year 2001 and is an Fellow Member of the Institute of Chartered Accountants Pakistan. He is also the life member of Lahore Tax Bar Association. He was admitted to the partnership in 2003. He has multinomial experience in his professional career. He has expertise in financial management, Taxation, Budgeting, management consultancy and human resource management and development.

Major Responsibilities

– Engagement planning and supervision of Audit & Other Assignments
– Co-ordination with professionals of various fields like legal, actuarial and IT experts for discussing the matters relating to the Financial Statement audit and other services
– Assisting clients in preparation of Financial Statements in accordance with the financial reporting framework applicable in Pakistan which includes compliance with International Financial Reporting Standards, local corporate laws and directives of regulatory authorities
– Evaluating internal control systems, identifying control weaknesses and making appropriate recommendations to the management
– Management and finalization of audits
– On-job training and professional development of sub-ordinate staff
– Review of compliance to the Best Practices of Code of Corporate Governance as implemented in Pakistan.
– Carried out System Audits of different Organizations
– Carrying out post implementation review of the Accounting Software
– Review of compliance with the requirements of the Prudential Regulations issued by the State Bank of Pakistan.

 

 

 

Zafar Iqbal Sobani, FCA (Pakistan)

(Partner)

Zafar Iqbal Sobani brings with him over thirty eight years’ experience of working in the manufacturing, power sector and audit profession in Pakistan and in the Middle East.

He obtained qualification of Chartered Accountancy and Cost & Management Accountancy in the early eighties from Pakistan. He worked with A.F. Ferguson (PWC) in Pakistan and Ernst and Young, Saudi Arabia.

His experience includes working in the power sector of the Country since 2007 heading Hubco Pakistan and Liberty Power Tech. He has rich exposure to the power sector industry in the country along with strong relationship with all the major stake holders in power sector of the Country.

He worked with Pakistan Oxygen Limited (now Linde Pakistan), a MNC company, as well as large local groups including Lakson Group and House of Habib in the areas of finance, arranging project funding for large size projects, treasury, costing, supply chain, real estate management, marketing and general management.

He has been the President of Institute of Chartered Accountants of Pakistan (ICAP) the self-regulator of accounting profession in the country and served actively in council and regional committee in various capacities. He also remained Chairman of Quality Control Board for nine years and was entrusted with the objective of overseeing the quality of audit assurance work in Pakistan.

He is a Certified Director from Pakistan Institute of Corporate Governance as well as certification as a trainer of Corporate Governance by IFC.

 

Faisal Latif photo for website

Faisal Latif, B. Com, FCA (Pakistan)

(Partner)

Faisal Latif is a member of the Institute of Chartered Accountants of Pakistan. He qualified as Chartered Accountant from Tariq Ayub, Anwar & Co; Chartered Accountants and has been practicing since 1998. He has compiled following books and their updations whenever is required in the year; complete income tax law with ready reference, complete sales tax law with ready reference, complete company law with procedures & ready reference, Complete federal excise law with ready reference, Handbook of Tax Laws.

Expertise

– Statutory, Investigative, Management & Internal Auditing
– Sales Tax Audits
– Income Tax Returns, Appeals and advisory services
– Corporate Secretarial Matters
– Corporate Finance
– Project Appraisals and feasibilities
– Staff Recruitment & Training

 

Imran Akhter FCA

 

Muhammad Imran Akhtar, M.COM, FCA (Pakistan)

(Partner)

Muhammad Imran Akhtar is a Fellow Member of Institute of Chartered Accountants of Pakistan. He qualified as a chartered Accountant in August 2005. He has also completed his M.com from Hailey College of Commerce Punjab University Lahore in 1998.

He has served in senior management roles in various companies.He has experience of almost ten years in the field of audit and financial consultancy both at national and multinational level. He has also worked on projects relating to the World Bank.

He has expertise in financial management, Taxation, Outsourcing, management consultancy, corporate laws and performance audits. He also has a vast experience in teaching since 2005 in leading universities.

 

 

NAVIGATION

 

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