FAQs

As a prospective client, you are encouraged to come in for a complementary exploratory consultation. We discuss your needs & requirements as well as our firm’s ability to help you.
As we begin to understand our client’s goals, & started management consultancy which provides all-purpose services to help you in grow and deal wisely with financial affairs. We will monitor your progress and make sure you are on a steady course to your own financial freedom and independence.
Due to save our money from the tax burden, such as pay less taxes on Sale or purchases of any property and also save money on registration and transfer of vehicles etc.
    Active tax payer gets benefit of reduced rate of WHT up to 50 % or 100 % upon various transactions.
  • Avail Fulfill criteria of law abiding citizen of the country.
  • No evasion of tax liability.
  • No loss to the national exchequer.
  • National as well as religious discharge of liability.
  • Contribution to overall development of the country.
No, Non Filer could not purchase any property above 4 million.
No, If we don’t file of Income Tax Return than we will pay minimum PKR 20,000/ against penalties.
Yes, if we are fall in filer category, we will save half taxes on banking transactions as compared to those who are non-filers.
Although they are independent of the activities they audit, internal auditors are integral to the organization and provide ongoing monitoring and assessment of all activities. On the contrary, external auditors are independent of the organization, and provide an annual opinion on the financial statements. The work of the internal and external auditors should be coordinated for optimal effectiveness and efficiency. Internal and external auditors have mutual interests regarding the effectiveness of internal financial controls. Both professions adhere to codes of ethics and professional standards set by their respective professional associations. There are, however, major differences with regard to their relationships to the organization, and to their scope of work and objectives. Internal auditors are part of the organization. Their objectives are determined by professional standards, the board, and management. Their primary clients are management and the board. External auditors are not part of the organization, but are engaged by it. Their objectives are set primarily by statute and their primary client — the board of directors. The internal auditor's scope of work is comprehensive. It serves the organization by helping it accomplish its objectives, and improving operations, risk management, internal controls, and governance processes. Concerned with all aspects of the organization — both financial and non-financial — the internal auditors focus on future events as a result of their continuous review and evaluation of controls and processes. They also are concerned with the prevention of fraud in any form. The primary mission of external auditors is to provide an independent opinion on the organization's financial statements, annually. Their approach is historical in nature, as they assess whether the statements conform with generally accepted accounting principles, whether they fairly present the financial position of the organization, whether the results of operations for a given period of time are accurately represented, and whether the financial statements have been materially affected. The internal and external auditors should meet periodically to discuss common interests; benefit from their complementary skills, areas of expertise, and perspectives; gain understanding of each other's scope of work and methods; discuss audit coverage and scheduling to minimize redundancies; provide access to reports, programs and working papers; and jointly assess areas of risk. In fulfilling its oversight responsibilities for assurance, the board should require coordination of internal and external audit work to increase economy, efficiency, and effectiveness of the overall audit process.
The length of time it takes to complete an audit varies significantly. Generally, the time required for the audit will vary depending on the size, complexity and strength of the organization's internal controls. Some take as little as a couple of weeks and others can take several months. The audit is a dynamic process, the scope of which can be expanded or reduced at any time depending on the issues.
For each audit, there will generally be an individual within your organization who will act as our main contact for the duration of the audit. The main contact will be responsible for meeting with us to help determine the scope of the audit, gathering requested documentation, discussing our audit issues and recommendations, and reviewing the final audit report. We will also need to meet with other key personnel during planning and fieldwork to complete our understanding of business processes. Length of meetings can vary depending on the subject matter.
    An audit is broken down into four main parts. They are as follows:
  • Planning: During this phase we gather various types of information from interviews with department, unit or function personnel and members of other offices with which the audited department, unit or function regularly interacts with, as well as from financial analyses we perform. This information helps us get a clear understanding of the various functions of the audited department, unit or function and establish the preliminary scope for the engagement.
  • Fieldwork: This phase is where we begin spending a good deal of time "on site" in the department, unit or function. Since each is unique in its size, purpose, staffing, procedures and issues, audit fieldwork can also be unique. We perform tests of various department, unit or function transactions. The number of transactions tested varies from audit to audit depending on our scope. The transactions to be tested will be provided in advance so that department, unit or function personnel have ample time to gather the information before our arrival.
  • Reporting: This is the compilation phase. During this part of the audit, we assemble any audit issues and/or suggestions in draft form for discussion with department, unit or function management. As a result, some issues are resolved and some remain to be included as part of the "official" audit report.
  • Follow-up: It is anticipated that all Audit Reports will be followed up with the department, unit or function within a reasonable timeframe after the report is issued.
Working with a professional accounting service offers you security and peace of mind. It’s a smart business choice for your company, but you need to decide which accountant or accounting firm is right for you.
You should include items from a few categories: revenue, cost of goods sold, cost of labor, and operating expenses.
Pricing for our monthly accounting services varies by your company’s needs. Our pricing is not based on the size of your company, rather our pricing model is based on your company’s accounting activity and the complexity of your financial statements. We will work with you to arrive at an affordable, fixed monthly fee. Our fixed-monthly fees are all-inclusive; services provided include profit and loss statements, balance sheets, bank reconciliation, business tax work, sales tax filings, audit representation, and unlimited consultations.
A standard vacancy, with a candidate located in the Karachi on a one-week notice period, will typically be complete within two weeks. The process can take longer, for example when hiring: C-suite professionals, or when recruiting for highly niche and complex roles. S & Co recruitment consultant will agree with you a specific timeframe for your vacancy based on your requirements.
The cost varies according to the solutions, vacancy and type of recruitment strategy required.

    We provide candidates on permanent and contract roles across a broad range of industries and job categories. These include:

  • Accountancy & Finance
  • Banking & Financial institutions
  • Digital Technology
  • Engineering
  • Executive Search
  • Facilities Management
  • Healthcare
  • HR
  • IT
  • Marketing
  • Office Support
  • Property
  • Sales
  • Supply Chain & Logistics
Via our digital channels we can access candidates that no other recruitment agencies can. Our website attracts, on average, over 60,000 visitors a month; we have close relationships with the leading regional job boards; plus our S & Co LinkedIn company page has over million followers worldwide. By harnessing a combination of these networks we can target your job advert to be seen by candidates that match your specific needs.