ABOUT US

Muniff Ziauddin & Co. (MZ / the Firm) is one of the Pakistan’s leading organizations of independent assurance, tax, advisory and outsourcing firms. We help organizations to grow by providing innovative solutions through linked ideas.

The Firm is poised to deliver value added prompt professional services to its valued clientele with strong professional team led by its Partners and professional staff with country wide reach through its offices in Karachi, Lahore and Islamabad.

We are passionate to be the leading providers of assurance, tax, advisory and outsourcing services not only in Pakistan but in the globe by providing innovative solutions through linked ideas. This requires thorough understanding of the clients’ businesses, economy, regulatory environment etc to meet their expectations and bring right ideas to best suit to their needs.

In the current vibrant and demanding environment, clients have high expectations from their advisors and expect quick and practical solutions at affordable prices. At MZ, we ensure that we meet clients’ expectations effectively and efficiently. Our combined knowledge, experience, and professional staff aid to meet these requirements.

The Firm was established in the year 1961 at Karachi and subsequently offices at Lahore and Islamabad were established.

The Firm is poised to deliver value added prompt professional services to their valued clientele with strong professional team led by its Partners and professional staff with country wide reach through its offices in Karachi, Lahore and Islamabad.

  • The Firm is QCR rated by the Institute of Chartered Accountants of Pakistan (ICAP).
  • The Firm has been placed in Category “A” by the State Bank of Pakistan (SBP) on the panel of auditors maintained under section 35 of the Banking Companies Ordinance, 1962.
  • The Firm is also approved auditors to perform the audits of Insurance Companies under section 48(1) of the Insurance Ordinance, 2000.
  • Similarly the Firm is on the panel of auditors of Securities and Exchange Commission of Pakistan (SECP) eligible to perform the audit of Non-Banking Finance Companies (NBFCs) including leasing companies and Modarbas.
  • The firm is also listed on the approved auditors panel of USAID - OIG / Pakistan.

MZ is a leading firm of chartered accountants committed to provide highest quality of professional services in the areas of accounting, auditing, taxation and business advisory. Led by 8 partners and 04 directors, MZ has a network of 3 offices in Karachi, Lahore and Islamabad, which employ over 200 professional staff.


FOREIGN AFFILIATION

The Firm is Pakistan an independent member of BKR International, a worldwide alliance of independent and professional accounting firms represented in all strategic locations throughout the world. In its current composition BKR International is a non-profit association of more than 160 leading-edge accounting and business advisors located in over 500 cities in 80 countries.

PARTNERS

KARACHI OFFICE

MUHAMMAD AFZAL MUNIF - CHAIRMAN

He has experience of over 45 years in the field of accounting, auditing and management consultancy services and has been the senior partner and chairman of the firm. His main area of specialization is tax, auditing and management consultancy. He has widely travelled the world over and has represented the Institute of Chartered Accountants of Pakistan (ICAP) in several conferences and seminars including SAFA, International Congress of Accountants, CAPA, International Federation of Accountants and also represented as a delegate to Government of Sindh and Government of Pakistan in the World Bank meetings.

He was elected as:

  • Honorary Secretary Regional Committee (Southern Region) Institute of Chartered Accountants of Pakistan ICAP) - 1961
  • Chairman Regional Committee ICAP (Southern Region) - 1963
  • Council Member, National Council of ICAP - for five terms (1965 to 1993)
  • Twice Vice President - ICAP
  • President ICAP - 1988-89
  • Chairman Education Committee of ICAP
  • Chairman Building Committee of ICAP since inception till the completion of the Building
  • Vice President Karachi Cantonment Board and Clifton Cantonment Board
  • Vice President and Chairman Education Committee South Asian Federation of Accountants(SAFA)
  • Chairman of various committees of ICAP
  • Minister Local Bodies Housing Town Planning & Katchi Abadis in the province of Sindh in the Caretaker Government.
  • Member Sindh Provincial Assembly (MPA) - 1990
  • Minister Planning & Development Government of Sindh - 1990-1992

He also served as member of Board of Governors of:

  • Karachi University
  • Sir Syed University of Engineering & Technology
  • SAARC Health Foundation
  • Aligarh Institute of Technology
  • Hamdard Education Society
  • Usman Institute of Information Technology

MUHAMMAD MOIN KHAN - VICE CHAIRMAN

M. Moin Khan is a fellow member of the Institute of Chartered Accountants of Pakistan (ICAP) and International Fiscal Association (IFA) Netherlands.

He is associated with Muniff Ziauddin & Co. for the last 25 years. He specializes in Auditing, accounting and management advisory services. He has attended several national and international conferences and seminars on various aspects of auditing, accounting and taxation. During his tenure with Muniff Ziauddin & Co, he worked on various assignments and provided variety of professional services in the field of audit, taxation, corporate affairs and management consultancy. He has the honor of supervising and conducting the statutory audit of State Bank of Pakistan for a consecutive period of four years.

He has also carried out a number of assignments for the Privatization Commission Government of Pakistan/ Government of Sindh and other Government owned units. He has also undertaken exercises for revaluation of assets of various listed and non listed companies and government entities.

On appointment from the Central Board of Revenue, Government of Pakistan, he enjoyed the experience of conducting audit of various organizations under section 32A of the Sales Tax Act 1990 and under section 4A of the repealed Income Tax Ordinance 1979.

He also acquired substantial experience to provide services of arbitration, adjudication as well as dispute resolution on the orders of the High Court of Sindh.

He has also conducted a number of special audits which include the following;

  • Audit of institutions of Government of Sindh to detect misappropriation of funds.
  • Special audits of various institutions under the prudential regulations of State Bank of Pakistan.
  • Special audit of various institutions under the direction of Honorable High Court of Sindh.

SALIM SADRUDDIN

Salim is an associate member of the Institute of Chartered Accountant of Pakistan and ACCA (UK) with over 5 years experience in audit, accounting, consulting, tax and financial advisory.

Salim was also affiliated with KPMG Taseer Hadi & Co., Chartered Accountants (Member firm of KPMG International) in Pakistan at their Karachi office, where he gained diversified experience in external and internal audit, financial and corporate advisory, policy & procedural development, risk management and internal audit report preparation.


SOHAIL SALEEM

Sohail Saleem is an associate member of the Institute of Chartered Accountant of Pakistan (ICAP) with over 10 years’ experience in audit, accounting, consulting and financial advisory. He is experienced in handling audit & review assignments of various local and multi-national clients from different sectors, including Banks, NBFCs, brokerage houses, manufacturing concerns etc.

Besides auditing and financial advisory, he's specialized in providing Information Technology based services to the clientele and has performed numerous IT based audits. He has also been active in designing, developing and implementing internal control systems for various clients and staff training & development and policy & procedures development.


LAHORE OFFICE

MUHAMMAD ALI LATIF (FCA, CISA, CPFA)

He is a Fellow Member (FCA) of the Institute of Chartered Accountants of Pakistan (ICAP), Certified Information System Auditor (CISA) and a Chartered Public Finance Accountant (CPFA). He is also currently serving as “Honorary Secretary” of the Northern Regional Committee of Institute of Chartered Accountants of Pakistan and has also served on various Committees of the ICAP. He has over 12 years of professional experience and specializes in development of fully integrated accounting and financial management system for private as well as public sectors enterprises. His experience is spread over a wide spectrum of areas including but not limited to Auditing, Systems Development, Financial and Management Consulting, Preparation of Feasibility studies, Taxation etc.


MUHAMMAD ILYAS

Muhammad Ilyas is a fellow member of the Institute of Chartered Accountants of Pakistan and has over 30 years experience in the field of accounting, auditing, taxation and management consultancy services in Pakistan and United Kingdom.


ISLAMABAD OFFICE

SHAHID FARID

He graduated as Bachelor of Commerce from University of Peshawar in 1991 and Qualified as Chartered Accountant in 1997. He worked in large industrial groups before starting public practice in 2001. He is also member of Institute of Chartered Secretaries, Institute of Taxation Management, Institute of Public Finance Accountants, Institute of Financial Consultants (USA). Mr. Shahid Farid, FCA has more than 25 years of professional experience and expertise. He was/is member of different Committees of SECP and FBR. Mr.Shahid has extensive experience in Feasibility Studies, Financial Arrangements, Corporate Consultancy and Auditing. However core subject of interest is Taxation. He has rich experience of handling a large number of national and international consultancy assignments.

Professional Experience

He gained diversified experience of followings:

  • Corporate Taxation both Income tax and sales tax
  • Tax compliance-annual and periodical tax returns, withholding tax management etc
  • Corporate tax planning, counseling and benefit optimization
  • Managing post-return correspondence and representation before tax authorities
  • Worked on the various assignments of our corporate tax clients operating in the following areas of business:
    • Construction (Civil, Mechanical, Power Project)
    • Textile
    • Rice Mills
    • Trust and Association
    • Internet Service Provider
    • Consultancy Services
    • Pharmaceuticals
    • Engineering
    • Export Oriented Units, Leasing Companies, and various manufacturing units
    • Poultry Feeds and allied Sectors.
    • LPG
    • Media and Advertising

Corporate Law Advisory Work

He also supervises and monitors the corporate compliance department, including;

  • Representation before corporate and regulatory agencies including SECP, Registrar of companies, Registrar of firms and Registrar of Trusts
  • Secretarial and Corporate compliance services under the Companies Ordinance, 1984
  • Documentation for partnerships and preparation of minutes of the meeting

TARIQ SULTAN JADOON

He is a fellow member of the Institute of Chartered Accountants of Pakistan and has vast experience of over 28 years in the field of auditing, corporate, finance, taxation, management consultancy. He has worked on variety of professional assignments requiring very high professional skill.