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Page 1: Firm Profile - Baker Tilly Mehmood Idrees Qamarbakertillymiq.com/downloads/BTMIQ Profile.pdf · Our Leadership 8 Baker Tilly Mehmood Idrees Qamar, Chartered Accountants is led by

Delete this box and insert yourfirm logo. Top of the wingshould sit on the gridline above

Firm Profile

Page 2: Firm Profile - Baker Tilly Mehmood Idrees Qamarbakertillymiq.com/downloads/BTMIQ Profile.pdf · Our Leadership 8 Baker Tilly Mehmood Idrees Qamar, Chartered Accountants is led by

Contents

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Vision, Mission, and Values

About The Firm

About Baker Tilly International

Our Leadership

Value to Client

Services : Delivering Solutions, Overcoming Challenges

Audit & Assurance

Internal Audit

Forensic Audit & Investigations

Corporate Finance and Business Advisory Services

Tax Advisory Services

Enterprise Risk Management

Human Resource Services

Other Advisory Services

Contact

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3Vision , Mission &Values

Ø Lead by example

Ø Deliver quality services with an emphasis

on integrity

Ø Open and honest in all communications

Ø Act ethically

Ø Foster teamwork and collaboration with

other member firms

Ø Maintain a supportive environment in

which individuals can flourish.

To be the professional services firm of first

choice, that consistently exceeds the

expectations of our clients and our people

and this underpins all we do. This mission

requires an uncompromising commitment to

excellence in professional, ethical, technical

service standards, which are the bedrock of

our client services.

To be widely recognised as a reputable firm with the Standard

of Excellence. This recognition will reflect the quality, broad

intellectual capabilities, depth of talent, specialised industry

expertise and our integrity

Page 4: Firm Profile - Baker Tilly Mehmood Idrees Qamarbakertillymiq.com/downloads/BTMIQ Profile.pdf · Our Leadership 8 Baker Tilly Mehmood Idrees Qamar, Chartered Accountants is led by

4About The Firm

Baker Tilly International

demonstrates a high professional

standard, as well as a strong

commitment to the network’s

core values of integrity,

leadership, transparency and

ethics. Baker Tilly Mehmood

Idrees Qamar is no deviation to

this approach, and offers

outstanding personal services

combined with the expertise,

strength and resources of a truly

global network to support you as

you grow regionally and globally.

IntroductionBaker Tilly Mehmood Idrees Qamar, CharteredAccountants is an independent member firm ofBaker Tilly International. Formed in 2001, the firmis regarded for its quality services, ethical andprofessional standards.

Our work is guided by a set of ethical and corevalues embedded across the internationalnetwork.

At Baker Tilly Mehmood Idrees Qamar, weprovide the highest quality of audit, assurance, taxand other advisory services which is the core ofour practice. Our risk based approachemphasizes value adding by enhancing quality,productivity and innovation. Delivering high qualityservices at the right time is as important to us as itis to our clients.

The firm has a staff strength of approximatelyhundred people in five offices across the country.Our staff includes qualified accountants, MBAs, ITexperts and other technically qualified persons.

Our approach is to provide partner / principal ledclient service. An individual partner or principalhandles each client’s affairs and provides thefocal point for each client enquiry.

This management philosophy ensures that workundertaken for a client, routine or requiringspecialist skills, is fulfilled to a higher quality. Eachengagement partner is supported by a pool ofexpertise comprising of Chartered Accountants,Business Consultants and Information SolutionSpecialists, Cost and Management Accountants,Lawyers, Tax and Corporate Law specialists andother professionals from diversified disciplines.

Geographical PresenceOur offices are strategically located at Karachi,Lahore, Islamabad and Peshawar – the fourmajor business hubs of Pakistan. We also havean office in Kabul, Afghanistan.

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5About Baker TillyInternational

Experts across a wide range of industry andbusiness sectors at each Baker Tilly Internationalmember firm combines high quality services and in-depth local knowledge. Professionals at Baker Tillyare more than just accountants. They make it theirbusiness to know and understand their clients'long-term ambitions, anticipating and responding tochallenges as their clients pursue opportunities. Itis the strong relationships between member firmsthat are the key factors that enable us to overcometime and cross border complexities to deliverquality services. Our service approach is basedaround a global lead partner who serves as thesingle point of contact for a client, irrespective ofthe size of engagement, coordinating all work beingcarried out by the independent member firms andensuring it is completed to the highest standards,within budget and deadline. Regional and countrylead partners provide local services and theexpertise and understanding necessary to navigatethe unique dynamics of each of the marketplaceswhere we do business.

Baker Tilly International is the world’s 8th largestnetwork of independent accounting and businessadvisory firms, with combined fee income ofUS$3.8bn. 165 independent firms in 141 countriesand 28000 staff worldwide providing high qualityaccounting, assurance, tax and specialist businessadvice to privately held businesses and publicinterest entities. The strength of the network’sposition today as one of the world’s Top 10accounting networks is the result of the continuedinvestment through this period in realising its long-term vision: to be recognised as a global network ofclosely aligned, premier, independent accountingfirms serving leading national and globalorganisations. All firms within the network adhere tothe same high quality standards and share skills,resources and expertise to create best practice andclient focus. Member firms are able to call uponother members around the world when needed toprovide their clients with local expertise in anyoverseas marketplace.

Great Firms, Outstanding Network

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6

Baker Tilly’s PresenceWorldwide

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7

Baker Tilly’s PresenceWorldwide

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8Our LeadershipBaker Tilly Mehmood Idrees Qamar, CharteredAccountants is led by 11 partners and 8 executivedirectors. Mehmood Abdul Razzak is the managingpartner of the firm.

Our human resource strategy is to deploy bestcapabilities to provide professional services rangingfrom assurance, tax consulting, risk advisory,internal audit, accounting, corporate secretarialservices, outsourcing and succession planning. Wehave over 100 people working across the country.Our people specialize in serving businesses andorganizations of all kinds.

Partners / Executive Directors

The firm has eleven partners and eight executivedirectors

Mehmood Abdul RazzakMohammed Rehan SiddiquiQamar RashidTariq Ahmad KhanAbdur Rub KhanSiraj AhmadAqeel TabaniMuhammad Bilal AhmedMuhammad Abu BakarMohammad Tariq RafiqueRizwan Iqbal UmerAli A. RahimNajmussaqibAbdul Basit JavedSibghatullahMujtaba IqbalAbdul Rehman MemonArif RasoolSalman KhattakSayyed-Ul-Abrar

At Baker Tilly –§ Our teams are led by

experienced professionalscommitted to respond toengagement requestsefficiently

§ We involve our Partners atvarious levels in everyassignment

§ Dedicated practice teamhaving substantial relevantexperience

§ Our professional personnelcomprise a highly experiencedgroup of experts

§ Cross-border experience

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9Value to Client

§ Ensure timely resolution of any professional ortechnical problems at client.

§ Obtain an assessment of performance fromclient.

§ Obtain remuneration in respect of our servicesprovided which are considered fair andreasonable by clients.

We have a set of standards followed through outour firm to value our clients which are enumeratedbelow:

§ Place emphasis on understanding the clientand the local culture in each of the countries inwhich their clients operate.

§ For each assignment, put together the bestpossible team and provide a timely response tomeet clients' needs and deadlines.

§ Have the desire to excel and work hard toexceed expectations and achieve objectives.

§ Be committed to work alongside their clients ontheir journey of growth and development,helping them achieve their ambitions.

§ To understand the clients needs in all thespecified areas faster and comprehensively.

§ Regular senior level client-discussions.

§ Milestone partner reviews.

§ Quick turnaround on requests.

§ Establishing effective communications, bothinternally and externally by having a singlepoint of contact .

§ Strengthen relations with key managementpersonnel at client.

Our philosophy is to value our

client by providing excellent

client service . Our commitment

to the service of our clients

involves responding quickly to

their needs, understanding the

business of each client and

providing value for money.

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10Services: Delivering Solutions,Overcoming Challenges

Effective Alliance

Clients enjoy the advantages of a local, client-focusedservice model, combined with the breadth of resourcesyou would expect from a global organization.

Helping You Succeed

We provide a broad range of audit and assurance, taxand specialist advisory services to help businessesand organizations of all kinds negotiate risk and realizetheir potential within the dynamic environments inwhich they do business.

We assemble the right team for your business,combining insight from multiple disciplines withextensive business knowledge and industry expertise.

The services we offer vary

according to the requirements of

both national and international

clients. In the following pages

you can find in further detail the

spectrum of services provided by

the firm. Each service offered

can deliver the solutions needed

to help you achieve your short

and long-term ambitions.

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11Audit and Assurance

Our audit approachAn audit is more than a formality; it is a necessity toprotect your business and encourage it to thrive. Earlywarnings, open communication and pragmaticresolution of issues are the essential features of theapproach adopted by our firm. By taking the time togain a thorough understanding of our clients'businesses and by providing a risk-focused serviceintegrating rigorous risk assessment with diagnosticprocesses and audit testing procedures tailored to theirspecific audit, we maintain excellent relationships withour clients. This quality-led approach means weprovide an intelligent, constructive and challengingaudit to every one of our clients. We believe thestatutory audit should be viewed as an opportunity, notan overhead.

Through robust audit tools, resources and procedures,We deliver high quality audit services, adhering to thehighest standards of independence, ethics,professional objectivity while applying technicalexcellence. As part of our strategy of continuous auditquality improvement, service performance and deliveryto clients is continuously assessed through our QualityAssurance Program.

Our methodology provides a

continuous audit process by

staying in touch with clients

round the year, keeping them

updated with changing

conditions and providing

ongoing feedback on business

decisions that could affect

financial statements.

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12Audit and AssuranceOur Assurance and regulatoryreporting services

As well as financial audit services, we provide a rangeof additional assurance services relating toorganizations' financial control, regulatory reporting,shareholder value, and technology needs.

§ IFRS reporting

§ Regulatory compliance and reporting

§ Corporate reporting improvement

§ Financial accounting

§ Independent controls & systems process assurance

Our reputation for providing

quality professional services in an

independent, objective, and

ethical manner is key to our

success as independent auditors.

Our strong desire to continue to

enhance our reputation has led

the firm to adopt a

comprehensive set of safeguards

that are applicable to every client

engagement.

Quality Control System

It is the firm’s objective to establish, implement,maintain, monitor, and enforce a quality controlsystem that provides reasonable assurance that thepartners and staff members of the firm comply withthe International Standard on Quality Control (ISQC)1, Quality Control for Firms that Perform Audits andReviews of Financial Statements, and OtherAssurance and Related Services Engagements, andthat the firm’s engagement reports are appropriatefor the circumstances.

We have a very strong assurance system in place,the policies adopted in this respect includeinvolvement of an additional partner as qualitycontrol reviewer in every major audit, dedicatedteam for specified sector, specialized trainingcourses, engagement quality assurance reviewprograms and a formalized consultative framework.We bring, to every aspect of our service, the highestlevels of commitment, professionalism, energy andenthusiasm.

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13Internal Audit

The existing business and corporate environmenthas conclusively proved that the Internal Auditfunction has attained much more significance thanthe conventional transaction-based role of the past.In order to survive in a technology-driven society,business entities must be responsive in order toachieve targets in identifying opportunities,managing risks and exposures that can determinesuccess or failure.

This practice segment provides services inenhancing the scope and approach of the existinginternal audit function of clients by providing advice,re-engineering and coordinating the internal auditdepartment. The firm is well equipped and staffed toundertake Internal Audit Function on a fullyoutsourced basis.

We have experience of using and implementing awide range of Internal Audit Tools and haveexpertise that can be made available to our clients,either as part of Internal Audit consultancy servicesor as an outsourced project.

We can help our clients transform their internal auditdepartment by making it more risk-focused - aligningthe internal audit effort with the risks, which threatenthe achievement of the business objectives andcorporate mission.

We provide a tailored strategic approach to help ourclients identify and understand specific operationaland financial risks; to define the level of risk theclient is willing to accept; and to identify and focuson the opportunities available.

Our approach relating to

Internal Audit is based on the

guidelines specifically

developed by Baker Tilly

Mehmood Idrees Qamar as a

separate practice segment. It is

a risk based approach that

focuses on organizations’

objectives and impediments to

achieving those objectives .

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14Forensic Audit &Investigations

Your reputation – with your customers and employees,the public, regulators and other companies is whatkeeps you in business and underpins your success.But reputation can be lost with terrifying speed such ashackers stealing your data, a competitor accusing yoursales force of corruption, a dispute with your businesspartner threatening to erode value, an accountingdiscrepancy undermining market confidence and etc,the risks you face are unending and continue tochange. There is a need to act swiftly when fraud issuspected in order to prevent the situation deterioratingand to provide the very best opportunity for recoveringany losses that have already occurred. We recognizethat simply reporting suspicions of fraud straight awaymay not be the only solution. It is important tounderstand that primary interest of the regulatorybodies is not only to recover stolen assets but tosecure a successful prosecution – even then they maynot proceed until you provide them with acomprehensive evidence file.

At Baker Tilly Mehmood Idrees Qamar, We reactquickly and confidentially to safeguard assets andreputation, resolve matters from situations occurringoutside the normal course of business. The serviceswe offer includes :§ Fraud Investigations

§ Anti-fraud and fraud risk assessment

§ Fraud and ethics whistleblowing helpline advisory

services

§ Dispute advisory services

§ Forensic technology and discovery services

At Baker Tilly, we recognize the

complex and sensitive nature of

investigations, which is why our

experience is valuable when we

are asked to provide efficient,

accurate and robust accounting

assistance to our regulatory

clients.

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15Corporate Finance andBusiness Advisory Services

Running a successful business requires solid planningand the timely execution of strategic initiatives. Thebest performing companies choose acquisition targetsand alliance partners more carefully, and activelymanage their portfolio by selling or outsourcingoperations whenever economic or strategicconsiderations dictate.

Our corporate finance and business advisory servicesdepartment provides a diverse range of strategic andfinancial advice to clients in relation to corporatefinance, valuation and other corporate activities. Ourresults oriented approach offers our clients specificsolutions to complex problems and we provide the helpneeded by our clients to implement them.

Led by a partner with a broad understanding of currentbusiness and management issues, our dedicatedconsultancy teams help our clients to focus on theirstrengths, set priorities for growth, develop marketingstrategies and improve their return on resources. Ourconsultants work closely with our clients to identifystrategic opportunities, suggest practical, cost-effectivesteps to achieve competitive advantage. The Firm withcommercially oriented specialists, provides serviceswhich are aimed at meeting clients total corporatefinance needs right from planning to floatation andbeyond and irrespective of size, location and types ofbusiness.

We also work closely with our colleagues in Audit, Tax,Enterprise Risk Services and other specialists, bothinternal and external, to provide comprehensiveservices, tailored to the needs of the clients.

Services We Offer :§ Business Valuation

§ Business start-up and raising seed capital

§ Corporate financial planning and re-engineering

§ Floatation of shares and securities in local and

overseas stock exchanges

§ Privatization

§ Mergers and acquisitions

§ Management buy-in and buy-out advice

§ Restructuring and reorganization

§ Facilitating foreign investment by

Ø Environmental assessment and briefing

Ø Prospectus, project and sensitivity reports

Ø Feasibilities studies and overheads review

Ø Due diligence

Ø Foreign exchange advisory

Ø Commercial contractual issue consultation

§ Secretarial and corporate compliance and

reporting services

§ Consultation on corporate governance compliance

§ Liquidation processing and consultancy

§ Commercial and technical search

§ Studies on relocation and diversification

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16Tax Advisory Services

Domestic and international tax issues play a keyrole in management decisions. Recent trends oftakeovers, mergers, joint ventures and privatizationhave further added to the complexities of taxplanning. Other major considerations like transferpricing, available tax exemptions, preferred taxesand implications of double taxation treatiesundoubtedly also play a vital role in the developmentof business strategies and formation of bothdomestic and cross-border joint ventures.

These intricate tax complexities demand anenterprise to look forward well in time, keep an eyeon domestic and international trends of taxation inorder to adopt a strategy of responding to upcomingchallenges and reaping potential opportunities byimplementing strategic planning and innovativesolutions on a timely basis.

In this segment of practice, the firm can providestrategic tax consulting and impart to clientsinnovative tax solutions in response to newchallenges. Skills in the provision of these servicescover all forms of commercial activityencompassing, large or small organizations andcorporate or individual entities. Our services aretailored so that both international and localimplications are taken into account in order toachieve highly effective structures for our clientthereby providing the most optimal complianceroute.

Corporate &Individual

TaxAdvisory

Direct &Indirect TaxCompliance

Services

To representClients

before taxauthorities

Preparing,filing

Returns &Appeals

InternationalTax

Consultancy

Assistingwith Sales

Tax Matters

Obtainingadvancedrulings on

transactions

Establishingemployeefunds and

theirapprovals

Tax duediligenceservices

TaxAccounting

Services

Tax Audits

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17Enterprise RiskManagement

In today’s ever-changing business environment ofmarket complexity, globalization and increasinginvestor expectations, managing risks whileproviding value is more important than ever before.All organizations – big or small, public or private –have risks that they must manage proactively tosucceed in today’s marketplace.

The Enterprise Risk Management (ERM) practiceoffers specialized services in the areas of ITassessment and advisory services. We offerassistance in managing and optimizing risks,strategically identifying, analyzing, overseeing andmonitoring the potential risks to an organization.This approach enables a company to determine howmuch uncertainty and risk are acceptable tocontinue to add value to the organization.

Baker Tilly’s ERM methodology is customizable to acompany’s particular situation or need. We aredetermined to provide an end-to-end solution, so ourplanning process considers the overall environment:operational, financial, strategic, regulatory andtechnology risks and controls. Rather than applyinga one-size-fits-all approach, our firm’s top-downstrategy focuses on tailored solutions specific to theorganization’s changing needs.

Services We Offer :IT Project AdvisoryAssist organization to develop an enterprise approachto project initiation, execution and control to achievedesired project outcomes. IT project advisory serviceshelp clients align project activity with key businessstrategies and identify and manage risk, change andquality as a result of project activity. Our professionalscan provide executive support and assist clients toachieve enhanced organization capability and greaterproject efficiency to deliver the right result.

Governance and PerformanceEffective IT governance and performance helpsorganization to ensure that business system deliversvalue to the business and that the unique risks inherentin the technology are monitored in an appropriategovernance framework. Our IT audit and advisoryservices include: governance, strategy, performanceimprovement, cost reduction, risk managementbenchmarking, risk framework and due diligence.

Outsourced Risk ManagementUnderstand organization needs, select and evaluatepotential service providers so that organization is ableto compare objectively the available offerings.

Business System ControlsAssist organization to assess and verify that controls inmajor system implementation are enhanced, in placeand operating effectively.

Security, Privacy and ContinuityAssist organization to protect their assets, includingavailability and reliability, to protect the business itself.Particular attention is provided during the phases ofassessment, architecture and monitoring.

IT Internal AuditAssist with full internal audit sourcing resources: astanding agreement or on secondment basis. ERMworks with clients to understand the risk profile of thebusiness, determine the appropriate risk profile andhelp mitigate risk exposures. IT internal auditorconsiders both compliance and operational risk,determining if appropriate mitigation strategies exist.

ERM in External AuditIdentifies financial and operational risk embedded inthe business system and processes and provideadvisory on risk mitigation. ERM professionalsintegrate technology issues into the framework of audit,working as part of the audit.

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18Human Resource Services

To succeed in today’s market place, it takes goodquality people to build a business, getting capitaland erecting buildings is the easy part. Increasinglyin this age of technology and rapid communications,the backbone of any business is the competencyand knowledge base of its human capital. Our firmbrings its deep experience of HR strategic planning,HR management systems and HR operationalefficiency based on its experience to benefit itsclients. The services offered by the firm under thissegment are:

Executive Search and Selection :Our executive search practice is to assure you thebest of our assistance in finding the suitable personfor the position. Our approach for meeting humanresource requirements generally encompasses thefollowing steps:

Short-listingShort listing is usually done out of CVs available inour database. If the appropriate incumbent is notavailable in our database, then by:§ Advertising in the local newspapers.§ Contacting directly to the people of the similar

industry.

Evaluation§ Administration of written tests (if required by the

client).§ Incumbent’s screeningCompetency evaluation of the incumbent to identifythe ability of analyzing problem assessment,developing organizational talent, leadership quality,empowering job design, adequacy, coaching,delegation of authority, motivational fit etc.

Development and TrainingEmployees are every company’s asset. Their abilitiesneed to be nurtured and competencies enhanced for themto grow continuously and achieve set goals. They have tobe trained from time to time in different areas to help themovercome deficiencies and turn weaknesses intostrengths. We offer a wide range of training programs toenhance the abilities of your workforce. These trainingprograms can be tailored to your specific needs. TrainingNeeds Analysis (TNA) can also be conducted within yourorganization to find out exactly “Who” needs Training andin “Which” area. Post Training Evaluation is carried out toknow the outcome of the training programs.

Human Resources ManagementOur core HRM services include:§ Man Power Planning. Job analysis, Job Design, Job

Profile, Job Descriptions§ Job Evaluation - (vs. Seniority promotions) Placement

Services§ Compensation and benefit systems§ Performance appraisals§ Business process excellence§ Career/Succession Planning - Potential Appraisal;§ Post Merger Culture Consolidation and Team Building§ Funds Management: Provident Fund, Gratuity, Pension§ Strategic Review: Defining the Mission Statement,

Vision, Values, SWOT: Strategic Planning, SettingObjectives, Fixing Responsibilities / Due Date§ Organization Systems - SOPs§ The 'Grieving Process: Shock, Denial, Anger - self pity,

cynicism, Resignation - sadness, Acceptance -Unfolding / growth / transformation ("Flow through…”)§ Time Management Services - With Computerized

Record Keeping§ Health, Hygiene; Medical Check ups - Pre Employment

/ During Service.

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19Human Resource ServicesManuals of Policies andProceduresIt is imperative for any organization to lay down thepolicies, procedures, rules and regulations by which itwill govern its day-to-day activities. It is even moreimportant to have these policies, procedures, rulesand regulations practiced and implemented in letterand spirit.

We help our clients in developing such policies,procedures, rules etc., some of which are listedbelow:

Employment Procedure (Recruitment, Selection,Hiring, Separation, Placement – Induction,orientation):§ Leave Policy§ Medical Policy – Medical check ups§ Insurance Policy (health, group life, accident,

medical OPD)§ Provident Fund, Gratuity Rules§ Traveling Rules§ Car Policy§ Advances Policy§ Business Conduct Policy§ Compensation and Benefits Policy§ Promotion Policy§ Objective setting and Performance Appraisal, Profit

Sharing§ Training and Development Policy§ Part time, Contract, Temporary Hiring Policy§ Loyalty awards Policy§ Transfer Rules

Organizational DevelopmentChange ManagementIf your organization wants to be in tune with thechanging environment and grow, you need someone tohelp you with the change management.

The successful organizational change requiressophisticated envisioning, planning, design,communications and implementation management, withearly and continuous stakeholder involvement.

It needs proactive planning and implementation andshould not be managed by existing overloadedexecutives, albeit they must own the change.

§ Taking a picture of your current state

§ Painting an image of where you want your organization tobe in specific number of years.

§ Finding out your strong areas for capitalizing and weakareas for correction.

Job Contracting ServicesJob contracting services is also referred as PersonnelLeasing Management; in this service we will providepersonnel for the particular work required by yourorganization. These personnel will be hired by us andleased to you on contract as job contracting services.

The personnel leasing agreement enables you:

§ To change non-potential employees without gettinginto issues.

§ Getting suitable person for the right job, professionallyaccountable and dedicated to the job.

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20Other Advisory Services

Out SourcingInnovation in cost-effective business growth hasgiven birth to a new form of consulting commonlytermed as outsourcing. As the name suggests,outsourcing enables management of enterprises,irrespective of their sizes, to concentrate and applytheir energies on the areas of activities consideredas their core activities while entrusting non-corefunctions to an external service provider.

This modern management technique, by utilizing theconcept of cost and benefit analysis, hassuccessfully drawn a line distinguishing overallbusiness activities into two segments on the basis ofsignificance and sensitivity. Excellence in executionand speed is the life of the modern businessprompting the outsource of non-core activities inorder to allow management to focus on planning,effective operation and ultimately achieving targetsof success and profitability.

The firm is well equipped to handle outsourcedservices ranging from handling and managingaccounting and finance functions, book keeping,managing payment functions, internal audit,processing of voluminous transactions, allocation oftrained and qualified staff for carrying out specificassignments under the control and supervision ofmanagement, handling corporate and tax lawcompliance with respect to periodical submissions ofvarious statements prescribed therein.

Succession PlanningStatistical data across the world has shown that 96% ofall businesses start as family businesses, but only 30%make it to the second generation, falling to 12% and 3%over the next two generations. While the reasons for thisare multiple, a major one is that even successful familybusinesses become large, cumbersome, complex anddifficult to manage over the years. For family-ownedcompanies to maintain vibrant progress acrossgenerations, they need to manage the inherentdivergence between family and business on a regularbasis. In order to do so, they need to align theirstrategies across three overlapping and important areas,namely the business, ownership and the family.

This is something that is difficult to manageindependently, and it is for this reason that a number ofthe leading businesses in this sphere have felt the needto turn to professional family business advisors. Overthe years the family advisory profession has discoveredareas within the family business arena which need theirexpertise such as the governance models that define theroles of family and non-family executives, the distinctionbetween personal and business investments,succession planning, leadership transition etc.

We have the leading experts in this kind of advisorywork on our team, and are devoted to structuring theclient’s business affairs in the most erudite andprofessional manner. Our priority is ensuring that thewealth and lifestyles of the current generation of familyowners and beyond grows in line with the growth in thenumber of family members. Our end product which isarrived at after detailed discussions and meetings withall key stakeholders in the family enterprise system is atailor-made solution that ensures family survival overgenerations and helps to avoid conflicts in future.

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Baker Tilly Mehmood Idrees Qamar is an independent members of Baker Tilly International. Baker Tilly International Limited is an English Company. BakerTilly International provides no professional services to clients. Each member firm is a separate and independent legal entity and each describes itself assuch. Member firms are not Baker Tilly International’s agent and do not have authority to bind Baker Tilly International or act on Baker Tilly International’sbehalf. None of Baker Tilly International nor any of the independent member firms of Baker Tilly International has any liability for each other’s acts oromissions. In addition, neither Baker Tilly International nor any other member firm has a right to exercise management control over any other member firm.© 2013

Contact:BAKER TILLY MEHMOOD [email protected]

www.bakertillymiq.com

Karachi – Head Office4th Floor, Central Hotel Building Mehmood Abdul Razzak [email protected] Lines, Mereweather Road, [email protected] Mohammed Rehan Siddiqui [email protected]: (92-21) 35644872-7 Aqeel Tabani [email protected]: (92-21) 35694573 Ali A. Rahim [email protected]

Lahore188-D-1, Model Town, Qamar Rashid [email protected]. Muhammad Abu Bakar [email protected]: (042) 5842491-2 Muhammad Bilal Ahmed [email protected]: (042) 5833461

Islamabad1st Floor, Boquival Tower, Tariq Ahmad Khan [email protected] 27A, Crimson Road, Siraj Ahmad [email protected] H, DHA Phase 2 Najmussaqib [email protected]: (051) 2101060, 5418644

Peshawar3rd Floor, 152, Deans Trade Center,Islamia Road, Abdur Rub Khan [email protected] Cantt.Tel: (091) 5253354, 5253365

KabulHouse # 5, Selo Main Road 5, Abdur Rub Khan [email protected] Sang e Kasha Mosque Sibghatullah [email protected], Afghanistan Salman Khattak [email protected]: 0093-799-543365,

0093-700-8569504