Chartered Accountants · Karachi

ERP advisory, internal audit and tax for retail and pharmaceutical businesses.

Abdul Hafeez & Co. works with companies that run their operations on an ERP — choosing the system, designing the controls inside it, and handling the tax and compliance that follows. Two sectors, deliberately, rather than every sector in general.

Who we work with

Two sectors, in their own vocabulary

Retail and pharmaceutical operations are regulated differently, taxed differently and run on different controls. Each is dealt with on its own terms rather than through a general services list.

Retail

Chains running an ERP and a point of sale, where stock, margin and every invoice are now reported in real time.

  • Supermarkets
  • Fashion retail
  • Restaurants and bakeries
  • Opticians
  • Distributors
  • FBR point-of-sale integration and Tier-1 determination
  • Product and HS classification, and the tax treatment that follows from it
  • ERP controls over stock, pricing and margin
  • Reconciliation between ERP, inventory, point-of-sale and tax records

How we work with Retail

Pharmaceutical

Manufacture and distribution sold through a trade that settles half its margin outside the invoice — in bonus stock, credit terms, discounts and credit notes.

  • Manufacturers
  • Distributors
  • Importers
  • Retail pharmacies
  • Distributor and stockist accounting
  • Bonus stock, credit terms, discounts and credit notes
  • ERP and accounting controls over trade settlement

How we work with Pharmaceutical

What we do

Three pillars, one point of contact

The systems the business runs on, the tax that follows from what it sells, and the filing and bookkeeping that keep it in good standing. Most clients start with one and stay for the others.

01

Systems & Assurance

Choosing the system, designing the controls inside it, and testing that they hold.

03

Compliance & Outsourcing

The recurring work that keeps an entity in good standing once the systems are in place.

No stake in the answer

The practice does not resell ERP or accounting software licences and takes no vendor commission, referral fee or paid placement. Implementation and migration work is paid for by the client, for the work done — so a recommendation against a system costs us nothing to make.

Who you work with

You deal with the principal

Abdul Hafeez

FCA · Principal of the practice

The practice is led by its principal. The file you open is the file he works on, and the person who answers the phone is the person who signs the advice.

Abdul Hafeez & Co., Chartered Accountants

Experience behind the practice

  • Fellow member (FCA) of the Institute of Chartered Accountants of Pakistan.
  • 25+ years of professional experience across practice and industry.
  • Eight years as chief financial officer in industry — the accounts seen from inside a business, not only from across the table.
  • Board-level governance experience as a serving company director.
  • Earlier professional experience gained at EY, Deloitte and PwC.

EY, Deloitte and PwC are named here as former professional experience only. Abdul Hafeez & Co. is an independent practice: it is not a member firm of, affiliated with, in partnership with, endorsed by or authorised by any of them, and none of them is connected with the work described on this site.

How we work

How the work runs

You deal with the principal

Your file is handled by the principal, not passed down to a rotating junior.

One practice, not three

Systems, tax and compliance under one roof, so nobody is coordinating between firms.

Priced before it starts

Scope and fees agreed in advance and in writing. A step that turns out not to be needed is dropped rather than billed.

No stake in the answer

Advice on system selection carries no vendor commission, so a recommendation against a system costs us nothing to make.

About the practice All eight services

Insights

Notes on tax and compliance

All insights

A notice, a deadline, or a system that is about to be chosen?

Tell us what you are dealing with. You will get a plain answer on whether we can help, what it involves, and what it will cost.

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