Case Studies

Home / Case Studies

CASE STUDIES

The Last Projects We Worked On

At ICAS Chartered Accountants, every project is a step toward solving complex financial challenges and building sustainable business value. From restructuring struggling companies to improving tax efficiency and inventory flow, our case studies highlight our commitment to excellence and measurable outcomes.

Tax Compliance & Planning

A mid-sized textile manufacturer in Lahore faced repeated FBR notices and tax filing errors. ICAS performed a detailed tax health check, corrected discrepancies, and developed a compliance calendar with strategic tax-saving measures. The result — reduced annual liability by PKR 12 million and restored confidence in financial management.

Financial Modelling for Investor Funding

An Islamabad-based tech startup preparing for Series A lacked a structured financial model. ICAS built a 5-year projection covering cash flow, valuation, and sensitivity scenarios. This transparent model enabled the company to raise USD 1.2 million and secure investor trust for future growth.

Internal Audit & Risk Advisory

An international NGO in Karachi struggled with donor confidence due to weak financial controls. ICAS conducted an in-depth audit, implemented fraud prevention systems, and aligned reporting with donor standards. The NGO later secured USD 500,000 in funding and passed donor audits with zero findings.

Due Diligence for Business Acquisition

A Karachi-based real estate developer sought to acquire a construction firm but feared hidden liabilities. ICAS performed full financial and tax due diligence, uncovering risks and negotiating a safer deal. The client saved PKR 50 million and completed the acquisition with confidence.

Audit & Assurance for Healthcare

A private hospital in Islamabad needed a statutory audit for SECP compliance. ICAS strengthened revenue and payroll controls, reducing discrepancies and revenue losses by 25%. The hospital gained investor trust and full regulatory compliance.

Bookkeeping & Compliance for E-Commerce

An online retailer in Islamabad faced scattered financial data and sales tax errors. ICAS introduced cloud-based bookkeeping, standardized reconciliations, and created MIS reports. This improved accuracy by 90% and helped secure PKR 30 million in bank financing.

Business Restructuring & Risk Advisory

A construction contractor in Rawalpindi struggled with debt and cash flow issues. ICAS restructured loans, introduced project-based accounting, and built a continuity plan. Within a year, the company reduced debt by 30% and restored profitability.

Tax Exemption & Strategic Planning

An IT export company in Lahore was unaware of tax exemption benefits. ICAS registered it under PSEB, restructured operations, and applied eligible credits. The client saved PKR 25 million annually and expanded successfully into Gulf markets.

Due Diligence for Foreign Investor

A UAE-based investor entering Pakistan’s logistics sector needed assurance before acquisition. ICAS conducted full due diligence, identified overstated revenues, and proposed investment restructuring. The result — a 20% cost reduction and risk-free entry into the market.

Internal Audit for Healthcare Group

A Karachi hospital chain faced revenue leakage and inventory loss. ICAS conducted a system-wide audit, improved internal controls, and introduced real-time reconciliations. The group prevented annual losses of PKR 40 million and achieved ISO certification.

Audit & Assurance for NGO Compliance

An Islamabad-based NGO needed a transparent audit to meet international donor standards. ICAS ensured compliance with IFRS and ISA, verified fund utilization, and enhanced reporting. The NGO secured a new USD 5 million grant and strengthened global credibility.

Business & Risk Advisory for Textile Exporter

A Faisalabad textile exporter suffered forex losses from currency fluctuations. ICAS implemented hedging strategies, optimized pricing, and reduced debt costs. The company saved PKR 20 million annually and improved profitability by 12%.

Tax Litigation Support

A large trading firm in Lahore faced an FBR demand of PKR 80 million. ICAS reviewed filings, presented a strong legal defense, and negotiated settlements. The liability dropped to PKR 15 million, restoring financial stability and compliance confidence.

Financial Modelling for Startup Valuation

A fast-growing fintech startup in Islamabad needed a credible model to raise funds. ICAS developed detailed financial projections and valuations, enabling the founders to secure USD 2 million in seed funding and establish a scalable financial roadmap.

Having Trouble Managing Your Finances?

Sed tincidunt accumsan lacus nec bibendum sapien aliquet ut suspendisse. Pharetra finibus condimentum aenean lacinia sem metus Integer dapibus diam justo.