Asad Feroze - Partner Incharge Lahore Office

Mr. Feroze is a Fellow Member of the Institute of Chartered Accountants of Pakistan (ICAP). He is a Fellow member of ACCA (Association of Chartered Certified Accountants of United Kingdom).

He has done graduation in law as well. He is also a fellow member of Institute of Taxation Management (FITM). He is also a fellow member of Pakistan Institute of Public Finance Accountants (FPFA).

He is currently a Chairman & member of ICAP’s Northern Regional Committee. He is currently partner incharge Lahore Office at Junaidy Shoaib Asad, Chartered Accountants, an independent member of Morison KS international. He is engaged in tax consultancy and management advisory services. Mr. Feroze has 14 years of high quality experience. He possesses 4 years experience with A.F. Ferguson & Co (PWC Pakistan) Lahore Office. From PWC, he gained diversified experience in external and internal audit, due diligence, financial restructuring, audit coordination, policy & procedural development, risk management and internal audit report preparation. He actively engages in income tax consultancy and appears in appellate forums on regular basis. He also has reported case laws in reputed law journals to his credit. He is deeply involved in strategic planning, budget administration, staff training & development, coordination, procedures development of the firm. He has experience in audit of multinational and listed companies. He has also experience of working special review assignments of listed and other entities, which include Review of Half Yearly Financial statements, Review Report on Compliance of Code of Corporate Governance, Review Report on Compliance with SOX, Review Report on Compliance with Transfer Pricing Regulation, Royalty remittance, Dividend Remittance Assignments, Special Purpose, Management Reports, Feasibility studies etc. He also has an exposure of performing in assignments relating to mergers and acquisitions, due diligence, corporate restructuring etc. He remained responsible for quality assurance for all clients’ country wide of Muniff Ziauddin Junaidy & Company, a firm established in 1961 and enjoying an “A” category of State Bank of Pakistan. He was the engagement partner of when FBR (Federal Board of Revenue of Pakistan) allocated tax audits to chartered firms. He has worked in various assignments in manufacturing, service, banking, insurance, oil and gas and leasing sectors. He is also working in an honorary capacity for various non-profit organizations. Besides above, Mr. Feroze involved in conducting professional trainings playing role of a speaker at various seminar/forums and professional activities on regular basis, details are:

  • Speaker at “CA Pakistan Gold Medal & Certificate Distribution Ceremony 2016” at Fallities Hotel Lahore (2016).
  • Speaker at “2nd session SECP-ICAP for practicing chartered accountants 2016” at Royal Palm Club Lahore (2016)
  • Speaker at Seminar/ discussion “Changes in Auditors Report- A Fundamental shift” at ICAP House Lahore (2016)
  • Speaker at “1st session SECP-ICAP for practicing chartered accountants 2016” at Islamabad (2015)
  • Moderator and Speaker, “ICAP Post Budget Discussion 2015- Lahore” held in Lahore (2015)
  • Speaker, “ICAP Post Budget Seminar 2015- 16” held at Islamabad (2015)
  • Speaker, “ICAP Post Budget Seminar 2015- 16” held at Faisalabad (2015)
  • Moderator at Discussion,” How to sell and market your expertise” held at ICAP Lahore (2015)
  • Speaker SECP ICAP Seminar Investor Awareness Series Seminar at Lahore (2015)
  • Moderator ICAP Discussion QCR Framework at Lahore(2015)
  • Two IFC trainings on Corporate Governance conducted for Chartered Accountants (2015)
  • IFC training of trainers certification on Corporate Governance held by IFC (2014)
  • Speaker ICAP Seminar on, “Basics of Islamic Finance” ( 2014)
  • Moderator ICAP’s Discussion Forum on Sales tax Act and Punjab Sales tax on Services held in Lahore (2013)
  • Moderator ACCA’s Discussion Forum on SECP and its role in Corporatization held by ACCA Pakistan (2013)
  • Moderator ACCA’s Discussion Forum on “Financial Reporting” held by ACCA Pakistan (2013)
  • Moderator ACCA’s Discussion Forum on “Value of Audit” held by ACCA Pakistan (2012)
  • Conducted trainings Federal Board of Revenue Officials for 5 days in Islamabad and Lahore covering various practical subjects and different industries case studies and presentations (2007 and 2012)
  • Conducted trainings for Silk Bank with collaboration with SMEDA (2012)
  • Conducted training of Female Entrepreneurs joined hosted by SMEDA and State Bank of Pakistan for 2 days covering finance, accounting and taxation issues (2011)
  • Speaker at Pre budget seminar of GC University Lahore, “Tax Payer’s and Payee’s Perspective held in May 2009.
  • Conducted SMEDA workshops on Accounting for SME’s businesses in Lahore and Karachi (2010)
  • Conducted many SMEDA’s SMAP trainings organised through SMEDA
  • Panelist in Pre Budget Discuss 2010-11, 2011-12 held by ACCA Pakistan in Lahore, Pakistan
  • Speaker at ACCA annual dinner and lunch (2009)
  • Key note Speaker at ACCA Graduation Ceremony at Lahore and Karachi (2008)
  • Speaker at full day workshop “Accounting for Media persons” as a special guest (2008)
  • Conducted two courses of SMEDA accounting Package SMAP in The Professionals Academy of Commerce (2011)
  • Key note Speaker at roundtable at Lahore On April 7, 2008, “Striving towards a more equitable Pakistan” held by ACCA Pakistan. His role, trainings attended and contributions in various professional forums are summarized as under:
  • Review and Editing of Revised Code of Corporate Governance Checklist as Subcommittee member Auditing standards Committee ICAP (2013)
  • Attended “Workshop on USAID’s Financial Audit Program” (2 days workshop) conducted by USAID & Office of Inspector General / Pakistan (2011)
  • Attended World Congress of Accountants 2010 in Malaysia (3 days) (2010)
  • Attended two days media training in Marriot Karachi, conducted by Mr. Faisal Quershi (renowned anchor) organised by ACCA Pakistan (2009)
  • Attended SMEDA Accounting Package (SMAP) training course of SMEDA for service providers for three days (2008)
  • Attended in camera and media training conducted by Zubia Leghari at Sarena Quetta (2007)
  • Was one of the four people who did comparison between SARBANNES OXLEY Act and Code of Corporate Governance of Pakistan for ACCA Pakistan’s research project
  • Co author of “Comments on Federal budget 2006” published in Focus (magazine ) September issue and November 2006 issues.

His teaching experience is summarized as under:

  • Visiting Faculty Member The Professionals’ Academy of Commerce (since 2006 to date) having taught Mercantile law (Pakistan) for CA students (4batches) and Business and Corporate Law (UK variant) (7 batches) ACCA students and Taxation (Pakistan) CA Module C ( 2 batches) (2006 to 2013)
  • Visiting Faculty member University of Central Punjab (2006- 2007) taught Corporate Finance, Managerial Finance and Securities Analysis Courses

His Academic achievements are summarized as under:

  • Gold Medal awarded by Board of Intermediate and Secondary Education Lahore for getting first position in Intermediate Examination (Humanities Group Boys)
  • Silver Medal and certificate of distinction awarded by Punjab Textbook Board for getting overall second position in Intermediate Examination (Humanities Group) in province of Punjab, Pakistan
  • Academic Roll of Honour and shield awarded by Government College Lahore for securing first position in Intermediate Examination (Humanities Group Boys)
  • Third position in Government College Lahore in Bachelor of Arts Examination conducted by University of Punjab
  • Various prizes in Crescent Model Higher Secondary School Lahore