Auditing is an essential process for ensuring the accuracy and reliability of a company’s financial information. In Pakistan, audit requirements for private companies are primarily governed by the Companies Act, 2017, enforced by the Securities and Exchange Commission of Pakistan (SECP). This article explores the key audit requirements for private companies operating in Pakistan, shedding […]

Small and Medium Enterprises (SMEs) serve as the backbone of economies worldwide. Within this sector, two popular corporate structures in many jurisdictions, including Pakistan and other countries with similar business environments, are Single Member Companies (SMC Pvt Ltd) and Private Limited Companies (Pvt Ltd). Choosing the right corporate structure is critical for entrepreneurs as it[…..]