List of Practicing Firms having Satisfactory QCR Rating

(As on February 26, 2024)

Based on our review, nothing has come to our attention that causes us to believe that these firms have not carried out the audit of their
clients in accordance with the International Standards on Auditing as adopted in Pakistan

This opinion has been expressed for the limited purpose of communicating our understanding of the adherence to the professional
standards by these firms in conducting the audit of their clients This does not in any way absolve or reduce the professional responsibility of
these firms in expressing their audit opinion on the financial statements of audit clients

Where the QCR validity of firm has expired, the QCR rating of the firm remains valid as the QCR renewal is in process
Date of QCR rating Number of
assignment of valid till PICs audit
Sr No Name of the firm satisfactory engagements
QCR rating selected for
QCR
1. A A Baig & Co. 4-May-23 4-May-24
2. A Aziz Chaudhury & Co. 31-Oct-23 31-Oct-26
3. A D Akhawala & Co. 2-Jul-19 2-Jul-22
4. A F Ferguson & Co. 3-Nov-23 3-Nov-25 14
5. A M Laliwala & Co. 18-Jan-22 18-Jan-25
6. A Shahbaz & Co. 5-Mar-20 5-Mar-23
7. AHW & Co. 6-Jun-23 6-Jun-24
8. Aamir Salman Rizwan 31-Oct-18 31-Oct-21
9. Abbas & Co. 15-Dec-22 15-Dec-25
10. Abdan & Co. 6-Oct-23 6-Oct-24 1
11. Abdul Khaliq & Co. 11-Sep-20 11-Sep-21
12. Abdul Rahman & Co. 11-Nov-22 11-Nov-23
13. Ahmed Mushir & Salariya 13-Aug-20 13-Aug-23
14. *Akhter Mahmood Mian 26-Feb-19 31-Dec-19 2
15. Akram & Co. 15-Dec-22 15-Dec-23
16. Alam & Aulakh 21-Mar-22 21-Mar-24
17. Ale Imran & Co. 19-Oct-20 19-Oct-22
18. Ali Akhtar Adnan 19-Oct-22 19-Oct-25
19. Amin & Co. 25-Jan-23 25-Jan-26
20. Amin Mudassar & Co. 27-Dec-18 27-Jun-21 1
21. Amir Alam Khan & Co. 30-May-18 30-May-21
22. Arshad Raheem & Co. 7-Jul-20 7-Jul-22 1
23. Aslam Malik & Co. 12-Jun-23 12-Jun-25 3
24. Ather, Rasool, Imran & Co. 22-Sep-17 22-Sep-20 1
25. Avais 20-May-22 20-May-23
26. Azhar Zafar & Co. 22-May-23 22-May-24 2
27. Baker Tilly Mehmood Idrees Qamar 10-Feb-20 10-Feb-21 7
28. BDO Ebrahim & Co. 29-Nov-19 29-Nov-21 6
29. Clarkson Hyde Saud Ansari 31-Dec-19 31-Dec-21
30. Crowe Hussain Chaudhury & Co. 19-Jul-21 19-Jul-23 7
31. Daudally Lalani & Co. 26-Dec-19 26-Dec-22
32. EY Ford Rhodes 26-Oct-23 26-Oct-25 13
33. F R Merchant & Co. 21-May-20 21-May-23
34. Faisal Iqbal Khawaja 26-Feb-19 26-Feb-22
35. Faiz & Co. 14-Mar-22 14-Mar-25
36. Faruq Ali & Co. 27-Sep-21 27-Sep-23 1
37. Fazal Mahmood & Co. 31-Oct-23 31-Oct-25 2
38. Feroze Sharif Tariq & Co. 12-Sep-19 12-Sep-21 3
39. Ghazi & Co. 16-Nov-20 16-Nov-23
40. Grant Thornton Anjum Rahman 29-Jan-24 29-Jan-26 6
41. Gul Ahmed & Co. 28-Feb-20 28-Feb-23
42. HAMD & Co. 7-Dec-21 7-Dec-23 1
43. Hafizullah & Co. 2-Jun-22 2-Jun-25
44. Hameed Zahid & Co. 29-Aug-23 29-Aug-24
45. Hashmi & Co. 9-Oct-20 9-Oct-23
46. Hasnain Ali & Co. 29-Aug-23 29-Aug-24
47. Hassan Farooq & Co. 15-Oct-20 15-Oct-22 1
48. HLB Ijaz Tabussum & Co. 12-Jan-21 12-Jan-23 3
49. Ibrahim, Shaikh & Co. 23-Jan-23 23-Jan-24 2
50. *IECnet S.K.S.S.S 26-Sep-17 26-Mar-20 1
51. Ilyas Saeed & Co. 11-Feb-21 11-Feb-23 3
52. Iqbal Yasir & Company 1-Nov-23 1-Nov-24 1
53. Ishtiaq Rana & Co. 18-Nov-22 18-Nov-23
54. Izhar & Co. 19-Oct-22 19-Oct-25
55. **JASB & Associates 24-Nov-17 24-May-20
56. Jalis Ahmad & Co. 6-Mar-19 6-Sep-21
57. Javaid Jalal Amjad & Co. 30-Jan-24 30-Jan-27
58. Javed & Co. 7-Mar-19 7-Mar-22
59. Junaidy Shoaib Asad 18-Oct-19 18-Oct-21 3
60. Kaleem & Co 29-Aug-23 29-Aug-24
61. Kamran & Co. 31-Oct-23 31-Oct-25 2
62. KPMG Taseer Hadi & Co. 3-Nov-23 3-Nov-24 12
63. Kreston Hyder Bhimji & Co. 24-Nov-23 24-Nov-25 6
64. **M A Chaudhari & Co. 27-Dec-17 27-Dec-20
65. M Almas & Co. 9-Mar-23 9-Mar-25 1
66. M. R. M. E. & Co. 3-Oct-23 3-Oct-24

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 Date of QCR rating Number of
assignment of valid till PICs audit
Sr No Name of the firm satisfactory engagements
QCR rating selected for
QCR
67. M Saleem Associates 7-Jan-20 7-Jan-23
68. Mahboob Sheikh & Co. 2-Apr-18 2-Apr-21
69. Malik & Co. 24-Mar-23 24-Mar-24 1
70. Malik Haroon Ahmad & Co.(Formerly Malik Haroon Shahid Safder & Co.) 30-Dec-19 30-Dec-21
71. Masoom Akhtar & Co. 22-Feb-24 22-Feb-25
72. MAZARS MF & Co. 31-Oct-18 31-Oct-21
73. Mian Saleem & Co. 30-Jan-24 30-Jan-25
74. Mohsin & Co. 28-May-20 28-May-23
75. Moore Shekha Mufti 24-Jan-22 24-Jan-24 1
76. Muhammad Ali Hussain & Co. 14-Jan-21 14-Jan-24
77. Munaf Yusuf & Co. 11-Oct-19 11-Oct-22
78. Muniff Ziauddin & Co. 19-Apr-21 19-Apr-23 4
79. Mushtaq & Co. 15-Dec-22 15-Dec-23 2
80. Nadeem Safdar & Co. 21-Jul-22 21-Jul-25
81. Nasir Jamil & Co. 21-Jan-21 21-Jan-24
82. Nasir Javaid Maqsood Imran 27-Jan-23 27-Jan-24 3
83. **Nazir Chaudhri & Co. 30-Aug-17 29-Feb-20 2
84. **Nauman Javed Hasnain Rashid 25-Sep-17 25-Sep-20
85. Naveed Mukhtar & Co. 28-Jan-22 28-Jan-25
86. Naveed Zafar Ashfaq Jaffery & Co. 10-Nov-17 10-May-20 3
87. Omer Adil & Co. 17-Jul-19 17-Jul-22
88. Parker Russell-A J S 1-Nov-22 1-Nov-24 1
89. PKF FRANTS 4-Dec-18 4-Jun-21 4
90. **Qadeer & Co. 21-Oct-19 21-Oct-21 1
91. Rafaqat Babar & Co. 23-Oct-20 23-Oct-22 1
92. Rafqat Hussain & Co. 6-Jun-23 6-Jun-24
93. Rahman Sarfaraz Rahim Iqbal Rafiq 8-Jun-23 8-Jun-24 3
94. Rao & Company 27-Dec-19 27-Dec-22
95. Reanda Haroon Zakaria & Co. 5-Oct-23 5-Oct-24 3
96. Riaz & Co. 10-Mar-22 10-Mar-25
97. Riaz Ahmad & Co. 24-Nov-23 24-Nov-25 8
98. Riaz Ahmad Saqib Gohar & Co. 27-Dec-17 27-Jun-20 1
99. Rizwan & Co. 26-Dec-19 26-Dec-21 2
100. Rizwani Imtiaz & Co. 7-Jan-20 7-Jan-23
101. RSM Avais Hyder Liaquat Nauman 14-Mar-19 14-Sep-21 7
102. SM Rehan & Co. 7-Jan-20 7-Jan-23
103. S M Suhail & Co. 9-Apr-21 9-Apr-23 2
104. Saeed Kamran & Co. (Formerly H Y K & Co.) 8-May-23 8-May-25 1
105. Saeed Ul Hassan & Co. 28-Oct-22 28-Oct-25
106. Sarwar Awan & Co. 27-Dec-18 27-Dec-21
107. Shahbaz Hannan & Co. (Formerly Shahbaz Saeed & Co.) 6-May-23 6-May-24
108. Shamail Shahid & Co. 2-Oct-23 2-Oct-26
109. Sheikh & Chaudhri 11-Jan-24 11-Jan-26
110. ShineWing Hameed Chaudhri & Co. 2-Nov-23 2-Nov-24 5
111. Suriya Nauman Rehan & Co. 15-Dec-22 15-Dec-24
112. Tahir Siddiqi & Co. 26-Jan-21 26-Jan-23 2
113. Tariq Abdul Ghani & Co. (Formerly Tariq Abdul Ghani Maqbool & Co.) 17-Jul-19 17-Jul-21 4
114. UHY Hassan Naeem & Co. 19-Jul-19 19-Jul-21 2
115. Usmani & Co. 24-Sep-20 24-Sep-23
116. Uzair Hammad Faisal & Co. 22-Jul-19 22-Jul-22
117. Viqar A Khan & Co. 9-Mar-22 9-Mar-25
118. Waqas & Co. 14-Nov-22 14-Nov-25
119. Yaqub & Co. 21-Mar-19 21-Sep-21 1
120. Yousuf Adil 3-Feb-20 3-Feb-22 9
121. Yusaf Saeed & Co. 26-Jul-22 26-Jul-25
122. Zaheer Babar & Co. 15-Dec-22 15-Dec-23
123. Zahid Jamil & Co. 18-Oct-19 18-Oct-21 1
124. Zahid Ali Faisal Asjad & Co. (Formerly Zahid Ali Faisal & Co.) 18-Jan-22 18-Jan-25
125. Zakaria Loya & Co. 19-Dec-19 19-Dec-22
126. Zulfiqar Ahmad & Co. 23-Aug-17 23-Aug-20
*The firm has filed a civil suit against the QAB and has obtained a stay order, due to which further procedures / actions relating to QCR
could not be conducted

**The Firm has filed a Civil Suit and has obtained a restraining order from the Civil Court Legal proceedings are in progress

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