Services Offered by UHF

Statutory & Management Audits

We perform statutory audits for companies as required by the Companies Ordinance, 1984.

In addition to statutory audits we perform management audits covering the following fields of an enterprise:

• Evaluating the achievements of the management in relation to the organisational objectives and overall systems of planning, organizing, controlling and evaluating
• Auditing in pursuance of a Specific Contract
• Investigative auditing with reference to appointment as inspectors under The Companies Ordinance, 1984
• Internal audit
• Systems and operational audit
• Due diligence audit

Designing and Documentation of Accounting and Internal Control Systems

We perform reviews of existing internal control systems to identify discrepancies and weaknesses and recommend improvements. We also design, develop, document and implement customized internal control systems and company policies and procedures for further improvement in the changing business environment.

Business Risk Assessment

We perform evaluation of business risk for investors to ensure adequate returns and liquidity from a proposed investment. This includes a study of existing portfolio and identification of new opportunities for its diversification to minimize business risk.

Sales And Income Tax Advisory Services

Advise in preparation and presentation of accounting records and financial statements for Income Tax and Sales Tax assessments. We prepare and present tax returns to various tax authorities as well as represent our clients before the appellate authorities. We also compile information and e- file the annual income tax returns and monthly & annual with-holding tax statements using FBR – E Portal.

Preparation of Financial Feasibilities

We perform study and analysis of industry trends and conduct market surveys for preparation of financial feasibilities, for industrial expansion and market penetration.

Technology based consultancy services

Designing and development of decision-making models and Financial Reporting Systems using latest tools and technology for efficient and effective management. Transformation of manual accounting system to automated.

ERP Implementation Support

We offer ERP implementation support to clients who have opted for implementation of internationally renowned ERP software solutions. We adopt the role of liaison between the client and the Implementation Consultants. We have introduced this service after realising the need that during such implementations, the client’s personnel spend a lot of time in assisting the Implementation Consultants while at the same time performing their day to day functions with same efficiency. We act as bridge between the client and the Implementation Consultants and gather user requirements acquire detailed knowledge of the ERP solution and evaluate the solutions and workarounds recommended by the Implementation Consultants. Based on such information we advise the client before committing to a final ERP Implementation Plan.  In such assignments we keep our involvement till the end of the implementation and also provide data entry support to client and check the results of data processing by reconciling/ matching reports generated from the ERP and the legacy system.

Due Diligence Audits

We perform due diligence audits for valuation of entities for the purpose of acquisition and mergers.

Corporate Consultancy Services

We provide corporate consultancy services that include incorporation of companies and handling of various corporate matters in accordance with the requirements laid down in the Companies Ordinance 1984.