Karachi, In a recent development, the Board of Directors of Imperial Limited, a renowned company, announced the appointment of M/s. Ilyas Saeed & Company, Chartered Accountants, as their new external auditors. This decision comes after the resignation of M/s. Tariq Abdul Ghani Maqbool & Company, Chartered Accountants, who served as the company’s previous external auditors.
The recommendation to appoint the new auditors was made by the Audit Committee, a crucial body responsible for overseeing the financial reporting and auditing processes within the company. The appointment of M/s. Ilyas Saeed & Company is effective immediately and will cover the financial year 2022-23, continuing until the conclusion of the next annual general meeting.
With their extensive experience in the field of auditing, M/s. Ilyas Saeed & Company brings a wealth of knowledge and a proven track record of delivering accurate and reliable audits. The new auditors are expected to provide valuable insights into the company’s financial processes, contributing to improved transparency and enhanced investor confidence.
The change in external auditors signifies Imperial Limited’s dedication to upholding the highest standards of corporate governance and financial accountability. The company looks forward to a fruitful collaboration with M/s. Ilyas Saeed & Company and anticipates their valuable contributions towards ensuring the company’s continued success in the years to come.
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