Purchase Order Auditor in Pakistan Karachi –Free Word Template Download with AI

Issuing Company (Buyer):
Al-Madina Industrial Holdings (Pvt.) Ltd.
Plot 47-B, Block 5, Clifton, Karachi, Pakistan
NTN: 7823456-1
Phone: +92-21-3584-7721
Email: [email protected] Service Provider (Vendor):
Hameed & Associates Chartered Accountants
12th Floor, Dolmen Business Tower, Shahrah-e-Faisal, Karachi, Pakistan
FIA Registration No: 4521
Phone: +92-21-3567-8890
Email: [email protected]

Purchase Order Number:	PO-KHI-2025-0047
Date of Issue:	15 June 2025
Place of Issue:	Karachi, Sindh, Pakistan
Valid Until:	15 July 2025
Payment Currency:	Pakistani Rupees (PKR)
Governing Jurisdiction:	Laws of the Islamic Republic of Pakistan; Courts of Karachi, Sindh

This Purchase Order is issued by Al-Madina Industrial Holdings (Pvt.) Ltd., a registered industrial conglomerate operating from Karachi, Pakistan, to formally engage the services of Hameed & Associates Chartered Accountants as the independent Auditor for the fiscal year 2024–2025. The Auditor shall perform a comprehensive statutory audit of the company's financial statements in accordance with the Standards on Auditing (SA) issued by the Institute of Chartered Accountants of Pakistan (ICAP) and the requirements of the Companies Act, 2017, as applicable in Pakistan Karachi and the broader Sindh Province.

Item No.	Service Description	Scope / Deliverable	Quantity	Rate (PKR)	Amount (PKR)
01	Statutory Financial Audit	Full audit of balance sheet, profit & loss account, cash flow statement, and notes to accounts for FY 2024–2025	1 engagement	2,850,000	2,850,000
02	Internal Controls Review	Assessment of internal financial controls across all Karachi-based manufacturing units and the head office in Clifton	1 report	950,000	950,000
03	Tax Compliance Audit	Verification of income tax filings, sales tax (Sindh) returns, and withholding tax compliance under the Federal Board of Revenue (FBR) regulations	1 engagement	620,000	620,000
04	Management Letter & Advisory	Detailed management letter with recommendations for financial governance improvements specific to operations in Pakistan Karachi	1 document	380,000	380,000
05	Board Presentation & Q&A	On-site presentation of audit findings to the Board of Directors at the company's Karachi headquarters, including a 2-hour Q&A session	1 session	200,000	200,000
TOTAL CONTRACT VALUE (Inclusive of all applicable taxes)					5,000,000

The Auditor, Hameed & Associates Chartered Accountants, shall perform all audit procedures with the professional diligence expected of a registered firm in Pakistan Karachi. The Auditor shall maintain strict independence and objectivity as mandated by the ICAP Code of Ethics. All fieldwork shall be conducted primarily at the company's premises located in Clifton, Karachi, and at the manufacturing facilities in SITE Industrial Estate, Karachi. The Auditor shall complete all fieldwork by 30 September 2025 and submit the final signed audit report, along with the auditor's opinion letter, no later than 15 October 2025.

Payment against this Purchase Order shall be made in Pakistani Rupees (PKR) via bank transfer to the designated account of the Auditor. The payment schedule is as follows:

30% Advance (PKR 1,500,000): Payable within 7 working days of acceptance of this Purchase Order, upon receipt of a formal engagement letter from the Auditor.
40% Milestone (PKR 2,000,000): Payable upon completion of fieldwork and submission of the draft audit report for internal review by the company's finance department in Karachi.
30% Final (PKR 1,500,000): Payable within 14 working days of receipt of the final signed audit report and management letter, subject to satisfactory completion of all deliverables outlined in this Purchase Order.

4.1 This Purchase Order is governed by and shall be construed in accordance with the laws of the Islamic Republic of Pakistan. Any disputes arising from this Purchase Order shall be subject to the exclusive jurisdiction of the competent courts in Karachi, Sindh, Pakistan.

4.2 The Auditor shall comply with all data protection and confidentiality obligations under the Pakistan Telecommunication Authority (PTA) regulations and the company's internal data security policies. All financial records accessed during the audit in Pakistan Karachi shall be treated as strictly confidential.

4.3 The Auditor shall not subcontract any portion of the audit engagement without prior written consent from the issuing company. Any approved sub-auditors must be registered with ICAP and operating within Pakistan.

4.4 In the event of force majeure, including but not limited to natural disasters, government-imposed lockdowns in Karachi, or national emergencies, either party may suspend obligations under this Purchase Order with 48 hours' written notice.

4.5 This Purchase Order shall remain valid for 30 days from the date of issue. If not accepted in writing by the Auditor within this period, it shall automatically lapse.

4.6 The Auditor warrants that all personnel assigned to this engagement in Pakistan Karachi are duly qualified chartered accountants or certified audit professionals registered with ICAP.

NOTE: This Purchase Order is issued in accordance with the company's internal procurement policy and the Sindh Sales Tax Act, 2012. All amounts are inclusive of applicable Sales Tax at the prevailing rate in Sindh Province, Pakistan Karachi. The Auditor shall issue a valid Sales Tax Invoice (STI) for each payment tranche.

By signing below, both parties acknowledge and agree to all terms, conditions, and obligations set forth in this Purchase Order for the engagement of the Auditor services in Pakistan Karachi.

For and on behalf of Al-Madina Industrial Holdings (Pvt.) Ltd.
Name: Mr. Tariq Ahmed Khan
Designation: Chief Financial Officer
Date: _______________ For and on behalf of Hameed & Associates Chartered Accountants (Auditor)
Name: Ms. Ayesha Hameed, FCA
Designation: Managing Partner
Date: _______________ ⬇️ Download as DOCX Edit online as DOCX

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