Quotation Estimate Accountant in Pakistan Islamabad –Free Word Template Download with AI

This Quotation Estimate is formally issued by Al-Haq Accounting & Financial Advisory Services (Pvt.) Ltd., a registered professional firm operating in Pakistan Islamabad, to provide a comprehensive and transparent breakdown of costs associated with the engagement of a qualified Accountant for the client's business operations. This document serves as a binding financial proposal outlining the scope of accounting services, professional fees, applicable taxes, and all associated terms governing the engagement. The Accountant services described herein are tailored specifically to meet the regulatory, financial, and operational requirements of businesses operating within the jurisdiction of Pakistan Islamabad, in full compliance with the Federal Board of Revenue (FBR) regulations, the Securities and Exchange Commission of Pakistan (SECP) guidelines, and the Pakistan Financial Reporting Standards (PFRS).

The following Quotation Estimate itemizes each component of the Accountant engagement. All fees are quoted in Pakistani Rupees (PKR) and are exclusive of applicable sales tax unless otherwise stated. The Accountant will be a Chartered Accountant (CA) or Cost and Management Accountant (CMA) licensed by the Institute of Chartered Accountants of Pakistan (ICAP) or the Institute of Cost and Management Accountants of Pakistan (ICMAP), respectively, and will be physically stationed at the client's premises in Pakistan Islamabad for a minimum of five (5) working days per week.

The total Quotation Estimate amount of PKR 1,363,000 shall be payable in quarterly installments of PKR 340,750 each. The first installment is due within fifteen (15) calendar days of the execution of the service agreement. Subsequent installments are due on the first business day of each quarter. Payment shall be made via bank transfer to the firm's designated account at HBL, Blue Area Branch, Pakistan Islamabad. Late payments shall attract a penalty of 1.5% per month on the outstanding balance.

• This Quotation Estimate is valid for thirty (30) days from the date of issue. Beyond this period, fees may be revised to reflect changes in market rates, regulatory requirements, or operational costs in Pakistan Islamabad.
• The Accountant assigned to this engagement shall maintain strict confidentiality of all financial data, trade secrets, and proprietary information of the client, in accordance with the professional code of ethics of ICAP/ICMAP.
• The client shall provide timely access to all source documents, bank statements, invoices, and supporting records required for the Accountant to perform the services outlined in this Quotation Estimate.
• Any additional services beyond the scope defined herein (e.g., tax litigation representation, forensic accounting, or M&A due diligence) shall be quoted separately and require written approval from both parties.
• The Accountant shall comply with all data protection and information security standards applicable in Pakistan Islamabad, including the Prevention of Electronic Crimes Act (PECA) 2016.
• Either party may terminate the engagement with thirty (30) days' written notice. In such an event, fees for services rendered up to the termination date shall be payable in full.
• This Quotation Estimate does not constitute a guarantee of any specific tax outcome, audit opinion, or regulatory approval. The Accountant shall exercise reasonable professional judgment in all matters.
• All disputes arising from this engagement shall be resolved through arbitration in Pakistan Islamabad in accordance with the Arbitration Act, 1940 of Pakistan.

By signing below, the client acknowledges receipt of this Quotation Estimate and agrees to the terms, conditions, and fee structure outlined for the engagement of the Accountant in Pakistan Islamabad. This document, once countersigned by both parties, shall constitute a binding service agreement.