ZJC - Cluster of Services

With expert auditors and cutting-edge methodologies, we verify a company's financial data for accuracy and trustworthiness. Auditors meticulously analyze financial records, ensuring they adhere to accounting standards and legal requirements. Trust Zahid Jamil & Co. for top-notch financial statement Audits that provide peace of mind and solidify your organization’s standing in competitive marketing. Our expert auditors examine the financial records, transactions, and internal controls to ensure compliance with accounting principles and relevant standards.

Zahid Jamil & Co., a leading Audit Firm, offers expert internal Audit services to optimize businesses’ internal processes and foster stakeholder trust. By conducting comprehensive and objective assessments, our internal Audit service ensures that your organization complies with regulations, mitigates, risks, and operates at peak efficiency. With the implementation of the International Standard on Quality Control 1 (ISQC 1) on July 01, 2009, Zahid Jamil & Co., has adopted a systematic series of procedures to be followed in order of the requirement of ISQC-1. We try our best to improve your company’s credibility and gain a competitive advantage with their internal audit expertise. The consultation (both internal and external) with the competent personnel is duly based on written agreements defining the scope of work in clear terms and the outcome/reports of such consultations are duly documented for review.

A statutory audit is an assurance service required by law for businesses to maintain transparency and credibility. Zahid Jamil & Co. a trusted Audit firm, provides expert statutory Audit services to help companies comply with legal requirements and gain stakeholders’ trust. Our statutory services ensure financial accuracy and adherence to accounting standards like the Code of Ethics & hot and cold file review. The adequacy of our firm’s policies and procedures relating to integrity, objectivity, and independence, their compliance with the ISA 700, Code of Ethics for Chartered Accountants, and the effectiveness of communications to partners and staff. We are delivering quality services, and dealing with compliance issues. All the reports are reviewed by a suitably qualified partner before issuance to the third party for Engagement Quality Control Reviews (EQCR) and hot and cold file reviews and the results are duly documented. The performance of its personnel in all assignments is purely based on quality services and results.

A Management Audit is a strategic evaluation of an organization’s management practices, crucial for optimizing business performance. We offer expert Management Audit Services to empower the company with data-driven decision-making and improved operational efficiency. These are performed considering ISA 4400. Through in-depth analysis and evaluation, Zahid Jamil & Co.’s Management Audit Service help businesses identify weakness and strength in their management processes. This valuable information helps enhance resource allocation and strategic planning, leading to improved competitiveness and growth.
Our policy is:-

Zahid Jamil & Co. a renowned audit firm, provides expert System Control Review Services to help businesses safeguard their valuable data and streamline their IT processes. Through meticulous analysis and evaluation, Our SCR Service identifies potential risks and vulnerabilities, providing valuable insights for enhancing system controls and information security. We are reliable for System Control Review (SCR) solutions that fortify your organization's IT infrastructure and protect against cyber threats.

It’s a process to assess and secure an organization’s IT system, essential for data protection and compliance. Zahid Jamil, a reputable audit firm, offers expert Information System Audit services to safeguard your business's sensitive information and maintain operational efficiency. Our Service ensures the integrity and confidentiality of your data while aligning IT practices with industry best practices and regulations. Strengthen your company's online presence and credibility with Zahid Jamil's expert Information System Audit service. Protect your digital assets and achieve a competitive advantage with their thorough and reliable approach.

The goal of tax audit service is to verify the accuracy of reported income, deductions, credits, and other tax-rated information to avoid potential penalties and ensure adherence to tax laws. The purpose of a TAX Audit is to assess the accuracy and completeness of the taxpayer’s tax return and to identify any discrepancies, errors, or potential instances of Tax evasion. We provide the Tax Audit service with a strong commitment to delivering the highest quality services to clients considering ISA 800. They have established themselves as an expert in the field of Tax compliance and financial advisory.
Zahid Jamil & Co. ensures the best quality in their Tax Audit Service:

Their expert team, attention to detail, compliance With Tax Laws, client-centric approach, and commitment to continuous improvement make them a trusted partner for businesses and individuals seeking professional tax audit services.

Zahid Jamil & Co is a well-established professional services firm known for its expertise in regulatory compliance and corporate advisory. Our firm has a team of highly qualified and experienced professionals who specialize in regulatory compliance reviews and revolutions of an organization’s compliance practices. Our firm identifies and assesses potential risks related to non-compliance and provides actionable recommendations to mitigate those risks effectively. After the review, Zahid Jamil & Co provides clear and practical recommendations to address any non-compliance issues.
They collaborate closely with the client to create a remediation plan that suits their particular company requirements. To guarantee that its clients continue to comply with any new or updated standards, the firm maintains current with the most recent changes in laws, regulations, and industry practices.
We understand that each organization is unique, so they offer customized compliance solutions that suit the specific needs and scale of their clients. Our specialized team, attention to detail, risk identification and mitigation, ethical approach, and tailored solutions make them a trusted partner for organizations seeking professional assistance in regulatory compliance and corporate governance matters.

Cost Audit is a systematic examination and verification of an organization’s cost accounting records, processes, and methods to ensure accuracy and compliance with relevant cost accounting standards. Cost allocation studies focus especially on analyzing and distributing among various activities, products, or departments within an organization. The goal is to allocate costs fairly and accurately to understand the true costs associated with each component of the business. Zahid Jamil & Co. is known for providing a wide range of Financial Advisory and Audit services, including Cost Audit and Cost Allocation Studies, with a commitment to delivering a great quality of service to their clients. Zahid Jamil & Co. conducts a thorough analysis of the organization’s cost structure and allocation methods. They identify areas where cost allocation can be improved to provide more meaningful insight for decision-making. The firm Cost Audit helps identify insufficiencies in cost management, production, processes, and rescuer utilization, allowing clients to make informed decisions for cost optimization. Our firm ensures that costs are allocated fairly and accurately to different cost centers, products, or activities, providing a clear picture of the true costs associated with each segment of the business. The firm operates with the highest ethical standards, maintaining confidentiality of client information throughout the audit process, and believes in collaborative partnerships with clients.

A compilation is a service where the accounting firm assists the clients in preparing their financial statements based on the information provided by the clients. Both review and compilation assignments require attention to detail, organization, and an understanding of the relevant standards or guidelines. Our firm specializes in assisting clients with tasks involving detailed review, analysis, and compilation of relevant materials. Providing this service with the best quality suggests a commitment to delivering accurate, comprehensive, and well-organized work to clients. Our goal is to provide accurate and useful information to stakeholders, whether they are internal management, clients, regulators, or other parties. We try our best the commercial considerations i.e., fees / professional charges and scope of services are not / never overridden by the quality of work performed, documentation, and other procedures. These are performed as per ISA 4410.
The firm is committed to following the requirements of ISQC 1. Our policy is: