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Corporate Governance: Duties/Responsibilites of Audit Firm (KPMG)

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Prince Bilal

KPMG is an audit firm established in 1969 in Pakistan that provides audit, tax, and advisory services. It is a member firm of the global KPMG network present in 144 countries with over 137,000 professionals worldwide. KPMG in Pakistan responds to clients' complex business needs with consistent methodologies and tools across industries and borders. Its key services include independent audits, tax services to lower costs while ensuring compliance, and advisory work assisting clients with transactions, performance, technology, and risk and compliance issues.

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Corporate Governance: Duties/Responsibilites of Audit Firm (KPMG)

Uploaded by

Prince Bilal
92 views4 pages
KPMG is an audit firm established in 1969 in Pakistan that provides audit, tax, and advisory services. It is a member firm of the global KPMG network present in 144 countries with over 137,000 professionals worldwide. KPMG in Pakistan responds to clients' complex business needs with consistent methodologies and tools across industries and borders. Its key services include independent audits, tax services to lower costs while ensuring compliance, and advisory work assisting clients with transactions, performance, technology, and risk and compliance issues.

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Audit Firm

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KPMG is an audit firm established in 1969 in Pakistan that provides audit, tax, and advisory services. It is a member firm of the global KPMG network present in 144 countries with over 137,000 professionals worldwide. KPMG in Pakistan responds to clients' complex business needs with consistent methodologies and tools across industries and borders. Its key services include independent audits, tax services to lower costs while ensuring compliance, and advisory work assisting clients with transactions, performance, technology, and risk and compliance issues.

Copyright:

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Download as DOCX, PDF, TXT or read online from Scribd
Download as docx, pdf, or txt
92 views4 pages

Corporate Governance: Duties/Responsibilites of Audit Firm (KPMG)

Uploaded by

Prince Bilal
KPMG is an audit firm established in 1969 in Pakistan that provides audit, tax, and advisory services. It is a member firm of the global KPMG network present in 144 countries with over 137,000 professionals worldwide. KPMG in Pakistan responds to clients' complex business needs with consistent methodologies and tools across industries and borders. Its key services include independent audits, tax services to lower costs while ensuring compliance, and advisory work assisting clients with transactions, performance, technology, and risk and compliance issues.

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DUTIES/RESPONSIBILITES OF AUDIT FIRM (KPMG)

Corporate Governance
SUBMITTED TO
UZAIR FAROOQ KHAN

SUBMITTED BY
BILAL NASIR 034 MBA 14-A

COMSATS Institute of Information Technology

Audit Firm
Company that audits the financial statements. Consol supervises the activities performed by the firms listed in the special register, in order to control their independence and technical adequacy.

KPMG in Pakistan was established in 1969. We have substantial individual and collective experience of serving clients in major areas of our practice encompassing audit, tax and advisory services. KPMG International is a global network of professional firms providing Audit, Tax and Advisory services. Member firms operate in 144 countries and territories and have 137,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

KPMG in Pakistan
The practice is a member firm of KPMG International and of the cohesive business unit that serves the Middle East and South Asia (KPMG's MESA business unit) in response to an environment requiring the resources of a globally aligned organization combined with detailed knowledge of local laws, regulations, markets and competition.

Our Values
KPMG Values define what KPMG in Pakistan stands for; they govern our relationships within our teams, with our clients and our communities.

Commitment to Communities
Commitment to our communities is at the heart of KPMGs values. Around the world, KPMG member firms are working with other companies, governments and non-government organizations (NGOs) in order make a positive difference in the environment.

Duties/Responsibility
KPMG in Pakistan is one of the leading providers of audit, tax and advisory services. With a global approach to service delivery, we respond to clients' complex business challenges with consistent methodologies and common tools to provide services across industry sectors and national boundaries.

Audit
Head of Function (Amir jamil abbasi) An independent audit of financial statements is one of the foundations for the effective operation of the capital markets. Audit quality is vital for maintaining trust in the financial reporting process and the integrity of financial information.

Tax
Head of Function (Saqib masood) Effective and efficient tax services provide competitive advantage by lowering the tax and administrative costs yet keeping your business compliant with the tax laws and regulations.

Advisory
Head of Function (Farid Uddin Ahmed) Advisory works with clients to tackle challenges in transactions and restructuring, performance and technology and risk and compliance

Reference:
Google URL http://www.google.com.pk/search accessed on 07-04-2011 at 12.30am KPMG http://www.kpmg.com/PK/en/WhoWeAre/Pages/default.aspx accessed on 0704-2011 at 12.40 KPMG http://www.kpmg.com/PK/en/WhatWeDo/Pages/default.aspx accessed on 0704-2011 at 12.47

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