SECP issues list of approved CA firms for audit of insurance companies

SECP issues list of approved CA firms for audit of insurance companies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday issued a list of chartered accountant (CA) firms to conduct audit of insurance companies.

Following is the list of approved auditors to conduct audit of insurance, re-insurance and Takaful entities:

Category ‘A’ Firms:

01. A. F. Ferguson & Co. Chartered Accountants

02. Grant Thornton Anjum Rahman, Chartered Accountants

03. RSM Avais Hyder Liaquat Nauman, Chartered Accountants

04. BDO Ebrahim & Co., Chartered Accountants

05. EY Ford Rhodes, Chartered Accountants

06. Kreston Hyder Bhimji & Co., Chartered Accountants

07. Ilyas Saeed & Co., Chartered Accountants

08. KPMG Taseer hadi & Co., Chartered Accountants

09. Deloitte Yousuf Adil, Chartered Accountants

10. Rahman Sarfaraze Rahim Iqbal Rafiq, Chartered Accountants

11. Riaz Ahmed & Co., Chartered Accountants

12. Crow Hussain Chaudhury & Co., Chartered Accountants

Category ‘B’ Firms:

01. Baker Tilly Mehmood Idrees Qamar, Chartered Accountants

02. PKF F.R.A.N.T.S., Chartered Accountants

03. ShineWing Hameed Chaudhri & Co., Chartered Accountants

04. Muniff Ziauddin & Co., Chartered Accountants

05. Naveed Zafar Ashfaq Jaffery & Co., Chartered Accountants

06. Parker Randall – A.J.S., Chartered Accountants

07. S.M. Suhail & Co., Chartered Accountants

08. Amin Mudassar & Co., Chartered Accountants

09. Raenda Haroon Zakaria & Co., Chartered Accountants

10. Junaid Shoaib Asad, Chartered Accountants

11. Sarwars, Chartered Accountants

12. IECnet S.K.S.S.S., Chartered Accountants

13. H.A.M.D & Co., Chartered Accountants

The SECP said that audit firms in category A are eligible to conduct audit of all insurance, re-insurance and Takaful entities.

The audit firms in category B are eligible to conduct audit of all insurance, re-insurance and Takaful entities having gross written premium and total assets less than Rs 1 billion as per the financial statements in the immediate preceding year.