Find Accountancy, Audit and Tax expertise in Pakistan

Overview

There are over 500 accountancy firms operating in 11 locations in Pakistan, with the main groupings in the cities of Karachi and Lahore. All of the ‘Big Four’ (KPMG, Ernst and Young, PwC and Deloitte) have operations in the country. International Financial Reporting Standards (IFRS) are being taken up by large companies and financial institutions as well as small and medium sized enterprises. As the uptake is limited to public interest entities, however, Pakistan is considered to be in the third stage of production according to the IFRS Foundation. The World Economic Forum’s Global Competitiveness Report (2012-13) ranks Pakistan as 86 out of 143 countries with regards to strength of auditing and reporting standards, with a score of 4.4 out of 7, just short of the world mean of 4.6. The World Bank Ease of Doing Business Index (2011) places the country in a moderate 73rd position out of 183 countries worldwide in terms or resolving insolvency. 

Accountancy, Audit and Tax organisations in Pakistan
Association of Chartered Certified Accountants
BDO