1. 1
“Chemical Industries of Pakistan”
“Auditor’s opinion on Annual Reports of Chemical Sector Industries”
Subject: Corporate Governance
Submitted To: Sir Ishtiaq Ahmed
Class: MBA-V Submitted By:
1. Qasim Raza
2. M. Usman Ahmed
Department of Management Science
NATIONAL UNIVERSITY OF MODERN LANGUAGES
SECTOR H-9, ISLAMABAD
2. 1
“Chemical Industries of Pakistan”
Sr.No. Company
Name
Auditor’s
Name
Year Unqualified
Opinion
Qualified
Opinion
Disclaimer Adverse
1. Engro
Chemicals
Ltd. Pakistan
KPMG Taseer
Hadi & Co. 2007 True and Fair
view
- - -
KPMG Taseer
Hadi & Co. 2008
True and Fair
view - - -
A.F. Ferguson
& Co. 2009
True and Fair
view - - -
A.F. Ferguson
& Co. 2010
True and Fair
view - - -
A.F. Ferguson
& Co. 2011
True and Fair
view - - -
2. ICI Pakistan KPMG Taseer
Hadi & Co. 2007
True and Fair
view - - -
KPMG Taseer
Hadi & Co. 2008
True and Fair
view - - -
KPMG Taseer
Hadi & Co. 2009
True and Fair
view - - -
KPMG Taseer
Hadi & Co. 2010
True and Fair
view - - -
KPMG Taseer
Hadi & Co. 2011
True and Fair
view - - -
3. Ittehad
Chemicals
Ltd. Pakistan
BDO Ebrahim
& Co. 2007
True and Fair
view - - -
BDO Ebrahim
& Co. 2008
True and Fair
view - - -
BDO Ebrahim
& Co. 2009
True and Fair
view - - -
BDO Ebrahim
& Co. 2010
True and Fair
view - - -
BDO Ebrahim
& Co. 2011
True and Fair
view - - -
4. Nimir
Chemicals
Ltd. Pakistan
Ford Rhodes
Sidat Hyder &
Co.
2007
True and Fair
view - - -
Ford Rhodes
Sidat Hyder &
Co.
2008
True and Fair
view - - -
Ford Rhodes
Sidat Hyder &
Co.
2009
True and Fair
view - - -
3. 1
Ernst &
Young Ford
Rhodes Sidat
Hyder & Co.
2010
True and Fair
view - - -
Ernst &
Young Ford
Rhodes Sidat
Hyder & Co.
2011
True and Fair
view - -
-
5. Sitara
Chemical
Ltd. Pakistan
M. Yousuf
Adil Saleem
& Co.
2006
True and Fair
view - - -
M. Yousuf
Adil Saleem
& Co.
2007
True and Fair
view - - -
M. Yousuf
Adil Saleem
& Co.
2008
True and Fair
view - - -
M. Yousuf
Adil Saleem
& Co.
2009
True and Fair
view - - -
M. Yousuf
Adil Saleem
& Co.
2010
True and Fair
view - - -
6. Wah Nobel
Chemicals
Ltd. Pakistan
Anjum Asim
Shahid
Rehman &
Co.
2008
True and Fair
view - - -
Anjum Asim
Shahid
Rehman &
Co.
2009
True and Fair
view - - -
Anjum Asim
Shahid
Rehman &
Co.
2010
True and Fair
view - - -
Anjum Asim
Shahid
Rehman &
Co.
2011
True and Fair
view - - -
7. Sardar
Chemicals
Ltd. Pakistan
Aslam Malik
& Co.
2011
True and Fair
view
- - -
4. 1
8. Dynea
Chemical
Ltd. Pakistan
Ernst &
Young Ford
Rhodes Sidat
Hyder & Co.
2007
True and Fair
view - - -
Ernst &
Young Ford
Rhodes Sidat
Hyder & Co.
2008
True and Fair
view - - -
Ernst &
Young Ford
Rhodes Sidat
Hyder & Co.
2009
True and Fair
view - - -
Ernst &
Young Ford
Rhodes Sidat
Hyder & Co.
2010
True and Fair
view - - -
Ernst &
Young Ford
Rhodes Sidat
Hyder & Co.
2011
True and Fair
view - - -
9. Biafo
Chemical
Ltd. Pakistan
KPMG Taseer
Hadi & Co. 2006
True and Fair
view - - -
KPMG Taseer
Hadi & Co. 2007
True and Fair
view - - -
KPMG Taseer
Hadi & Co. 2008
True and Fair
view - - -
KPMG Taseer
Hadi & Co. 2009
True and Fair
view - - -
KPMG Taseer
Hadi & Co. 2010
True and Fair
view - - -
KPMG Taseer
Hadi & Co. 2011
True and Fair
view - - -
References:
Available on Demand