WHO WE ARE

S.M. Suhail & Co., Chartered Accountants (the SMSCo, the Firm), was established on November 1, 1983, under the Chartered Accountants Ordinance, 1961. The firm was initially founded by a senior partner who offered professional services under his own name. Over time, additional partners joined the firm through formal partnership agreements, each contributing their unique expertise and experience to its growth.

Since its inception, SMSCO has steadily expanded its professional scope and capabilities, earning recognition from key regulatory bodies, Government and Semi-Government institutions, the Institute of Chartered Accountants of Pakistan (the ICAP), and global professional networks.

Today, SMSCO operates from seven offices—four within Pakistan and three international locations – reflecting its sustained growth and evolving presence in both local and international markets.

Memberships / Affiliations:

S.M. Suhail & Co., Chartered Accountants is a:

  • Network Firm of SGA World, International network of independent audit, legal, accounting practices.

About SGA World

SGA World is an international network of independent firms offering audit & assurance, taxation, accounting, legal and other ancillary services in management consulting and corporate finance around the world. Its Headquarters is based in London. Based on the quality standards of our services it has awarded its exclusively networking rights to S.M. Suhail & Co., Chartered Accountants for overall Pakistan.

SGA World has its presence in Africa, Asia, Europe, and Middle East, whereas they are currently spreading exclusive networking firms in Central America, North America, Oceania, South America, and the Caribbean. Its member firms possess and share similar values and quality. They all cater their services to various types of clients from small and medium sized businesses, fast growing enterprises, multinational subsidiaries and branches, international companies or organizations and charity or not-for-profit organizations.

Association of our Firm with Professional Bodies and Regulatory Authorities

SECP

  • Registered with the SECP Audit Oversight Board and authorized to perform audits of Public Interest Companies.
  • Enlisted with the SECP’s Panel of Auditors to perform audits of Insurance Companies.
  • Awarded status of Authorized Intermediary from the SECP for performing corporate services of clients.
State Bank of Pakistan

  • Enlisted in the approved Panel of Auditors of State Bank of Pakistan, permitted to perform audits of certain banks and non-banking financial institutions.
  • Awarded approved status of Sharia Auditors and Auditors of Takaful Companies.
ICAP / ICAEW / ACCA

  • Awarded Satisfactory QCR Rating from the Institute of Chartered Accountants of Pakistan (ICAP) since 2002.
  • An approved trainer of the ICAP, and ICAEW students. 
  • A Gold Employer for the ACCA trainee students.
OTHERS

  • Enlisted with the Mercantile Exchange Panel of Auditors for System Audit.
  • Enlisted with the Central Depository Company of Pakistan Limited (CDC) as their approved agents for performing compliance engagements

Statement of Compliance of Code of Ethics

S.M. Suhail & Co. Chartered Accountants is in compliance with all Professional Code of Ethics issued by the International Federation of Accountants (IFAC) and the Institute of Chartered Accountants of Pakistan (ICAP).

OUR RECOGNITIONS

  • Enlisted with the State Bank of Pakistan (SBP) on the panel of Auditors.
  • Enlisted with the Securities and Exchange Commission of Pakistan (SECP) as an approved Auditor for conducting Audits of all Regulated / Licensed Companies, including Insurance, Takaful, Securities, NBFCs, Investment, Commodities, Futures Brokers, etc.
  • Enlisted with the Audit Oversight Board (AOB), who monitor the audits of the Public Interest Companies.
  • Enlisted with the Central Depository Company of Pakistan Limited (CDC) as their approved agents for performing compliance engagements.
  • Enlisted on the Panel of Auditors of Pakistan Stock Exchange (PSX) and the
  • Pakistan Mercantile Exchange (PMEX) for the system audits.
  • Approved Shariah Compliance Auditor.
  • Having satisfactory Quality Control Review (QCR) rating since 2021, from the Institute of Chartered Accountants of Pakistan (ICAP) for the last fourteen years
  • Registered as an Authorized Intermediary with the Securities and Exchange Commission of Pakistan to communicate and interact on behalf of clients.
  • It also has a separate Sharia Audit & Sharia Advisory Services Division to provide assurance & consultancy services to Takaful Operators and Islamic Financial Institutions.
  • Takaful (Islamic insurance) Consultant and Trainer.
  • The firm has a strong I.T. division headed by a CISA qualified and a substantial individual and collective experience of serving clients that are categorically classified as sole proprietorships, partnership firms, private and public limited, listed and unlisted companies in major areas of its practice domains
  • The firm has been engaged in providing training, as approved trainer of the ICAP, as well of the ICAEW and, of the ACCA as a Gold Employer to the trainee students
  • Network Firm of SGA World, International network of independent audit, legal, accounting and consulting firms around the world.
  • Presence at seven locations, Head office in Karachi, and six branches – Islamabad, -Lahore -Bahawalpur (LO), -United Arab Emirates -Canada – Australia.
Leadership

Partners

The Firm is led by eleven partners, each responsible for client service in their areas of practice.

SMS
S.M. Suhail FCA
Managing Partner
MA
Mashkoor Ahmed FCA
Partner
AA
Arqam Ayubi FCA, FCMA, CISA
Partner
OA
Owais Ahmed Abbasi FCA
Partner
NM
Nasir Mehmood FCA
Partner
SA
Sohail Ahmed FCA
Partner
MR
Muhammad Mehran Ur Rashid ACA
Partner
AS
Ahmad Usman Shabbir FCA
Partner
MF
Muhammad Faiz-ur-Rahman FCA
Partner
SA
Syed Zakir Ali FCA
Partner
MU
Muhammad Furqan Uddin FCA
Partner
TM
Tariq Mehmood FCA
Partner
Leadership

Directors

Our directors bring senior industry and regulatory experience to the Firm's advisory, insurance and Takaful practices.

AA
Amjed Bahadur Ali FCA
Director
SA
Safdar Shabir Awan FCA, M.Com
Director
MK
Muhammad Sibghatullah Khalid FCA
Director
AM
Atiq Anwar Mahmudi FCA
Director
MK
Muhammad Kamran FCA
Director
SH
Syed Imran Haider FCA
Director