History

History

The firm (ISCO) was founded in 1979 by late Mr. Ilyas Saeed, FCA. ISCO has its Head Quarter in Islamabad-Pakistan. The Firm continues to maintain other offices in Lahore, Karachi and Doha-Qatar, which enables us to effectively and efficiently serve our clients in different parts of the world.

ISCO is a Pakistan member firm of MGI Worldwide, a network of independent accounting, auditing, tax, and consulting firms worldwide. This unique combination of Pakistan and International experts enables the firm to offer services in a wide variety of professional disciplines anywhere in the world.

The Firm has always maintained a satisfactory Quality Control rating (QCR) from the Institute of Chartered Accountants of Pakistan (ICAP), being the first firm in the Northern Region of ICAP to obtain QCR. Soon the firm was placed in the Category A list of Auditors by the State Bank of Pakistan. ISCO, therefore, is fully competent to undertake any and all sorts of audit and revaluation assignments. ISCO is also listed with SECP for Modaraba and Insurance Audits, Stock Exchanges for System Audits, World Bank and USA AID for Fund audits, SBP Banking Division for Basel assessments, OGRA, Ministry of Finance, etc (For Statutory Audits, Special Audits, Investigations, Evaluations and Revaluations etc). The firm is also authorized to certify the surplus on ‘Revaluation of Fixed Assets’ by the SBP Banking Policy & Regulation Department. The firm has an outstanding record of successful completion of its assignments, be they public or private, within the stipulated time frame, gaining the satisfaction of the management with professional competence to the highest level. The success story of the firm has duly been acknowledged by all those departments and organizations that we have worked with.