Assurance · Tax · Advisory · Corporate · TechnologyPakistan · Gulf · UK · US · Canada+92-51-6138902WhatsAppinfo@mac.org.pk

Why MAC / About the firm

A young firm. Experienced people. Deliberately.

Muhammad Abbas & Co. was founded in Islamabad in 2020 by Muhammad Abbas, FCA — a partner-led firm built to carry audit, tax, accounting, corporate, advisory, technology and sustainability work under one accountable roof.

Most firms our age are building experience. We started with it. That distinction shapes everything else on this page — how engagements are staffed, who reviews your file, and why a five-year-old practice holds a Satisfactory Quality Control Review rating from ICAP.

  • Established 2020
  • Islamabad
  • 60+ Clients Served
  • 13 Industries
  • Multidisciplinary team
  • ICAP Registered

The essentials

What we are, in one screen.

For anyone evaluating us against a shortlist.

Legal nameMuhammad Abbas & Co., Chartered Accountants
Established2020
OfficeJaspal Arcade, 2nd Floor, Street 22, G-8/4, Islamabad, Pakistan
Regulatory statusRegistered with the Institute of Chartered Accountants of Pakistan (ICAP)
OversightCompliant with Audit Oversight Board (AOB) requirements
Quality ratingQuality Control Review (QCR) — Satisfactory
Practice reviewAudit Practice Review and Support Programme (APRSP) — Satisfactory
Managing PartnerMuhammad Abbas, FCA — Fellow Member, ICAP
Professional teamMultidisciplinary — chartered accountants, tax specialists, legal counsel, management accountants and certified technology professionals, averaging 10+ years' experience
Clients served60+ across 13 industries, spanning a range of engagement types
Service lines11
Markets servedPakistan · Saudi Arabia · United Arab Emirates · United Kingdom · United States · Canada
FrameworksIFRS · IFRS 9 / 13 / 7 · ISA · ISQC · COSO · ICFR / SOX · ISO 27001 · COBIT · NIST · SOC 1 & SOC 2

Our story

Correct is not the same as useful.

Muhammad Abbas spent the decade before founding this firm on both sides of the engagement — inside established chartered accountancy practices performing the work, and inside the finance functions of multinational telecom and petroleum businesses receiving it. The second half is what mattered. Most people who start an accountancy firm have only ever been the adviser. He had also been the client.

The reports he received were correct. Technically sound, properly supported, delivered on time. What they were not was useful. He would finish one already knowing everything in it, and still not know the thing he needed: what to do differently, and where the real exposure sat.

And he knew, from the other side, that the team had seen more than they had written. A field team spends weeks inside a business. They notice the reconciliation nobody can explain, the contract term that will cause trouble, the process that only works because one person has held it together for nine years. Almost none of it reaches the client — because the engagement was scoped to produce a deliverable, and everything learned outside the deliverable leaves the building when the team does.

That is not a failure of competence. It is a question of what a firm decides it is for. This one is organised around a single principle, and every structural choice follows from it: judgement present throughout rather than appended as a review, eleven disciplines held under one roof so an observation is not lost at a boundary, and a test applied before anything is delivered.

We add value to your business. Four ordinary words, and the only promise on this website we would rather be judged against — because it is the one we can fail. Compliance is measurable and we will always meet it. Value is harder: you should finish an engagement knowing something you did not know before, holding something you can act on, better placed than a technically correct file would have left you.

That is the standard the firm was founded on, and the one we would ask you to hold us to.

"Value was the word everyone used and nobody measured. I wanted a firm where it meant one specific thing: that the client keeps more than the deliverable."
Muhammad AbbasManaging Partner, FCA

Our foundation

Vision, mission and five values — each with the cost it carries.

What this firm is for, what it commits to, and what it gives up to hold those commitments. Set out in full on its own page rather than summarised here.

The delivery model

Who actually does your work.

A recurring problem in professional services is the gap between the people who win the work and the people who do it. We keep that gap closed by design.

Partner & Executive Director

Scoping, technical judgement, review and sign-off

Partner and Executive Director level ownership is organised by discipline — assurance, taxation, IT governance and cybersecurity, corporate growth and relations, legal affairs, and sector-specialist engagements among them. Whichever discipline your engagement touches, a partner or executive director holds direct technical accountability for it, not just final sign-off.

Manager & Supervisor

Planning, fieldwork supervision, client liaison, first-level review

Every file has a named lead you deal with day to day.

Multidisciplinary support

Drawn in as the problem requires — without going outside the firm

Specialists join engagements where the work crosses disciplines.

Chartered accountantsTax specialistsManagement accountantsAdvocate of the High CourtIT governance & cybersecurityFinancial modelling

On a typical engagement you will deal with two people regularly and one partner throughout. You will know all three by name before fieldwork starts.

See how we run an engagement →

Our reach

One office. Six markets.

We are honest about what that means.

Pakistan

Our home market and the majority of our work. Statutory audit, taxation, corporate compliance and advisory across thirteen industries, with working knowledge of the FBR, SECP, PRA, KPRA and provincial authorities.

Saudi Arabia & the UAE

Compliance, reporting and structuring support delivered remotely from Islamabad — ZATCA VAT and Zakat, UAE Corporate Tax, IFRS reporting including IFRS as endorsed in the Kingdom of Saudi Arabia, and IFRS 9 modelling. We do not hold SOCPA or UAE Ministry of Economy auditor licensing and do not perform statutory audit in those jurisdictions. A physical Gulf presence is planned.

UK, US & Canada

Outsourced finance and accounting support for accounting practices and businesses. We prepare; your licensed professional reviews and signs. We are not a UK, US or Canadian licensed practice and do not present ourselves as one.

We would rather tell you the limits of what we can do than have you discover them mid-engagement.

Middle East →Global Delivery →

Independently reviewed

Four credentials. What each actually means.

Registration and ratings are the profession's way of saying that someone outside the firm has looked at how we work. Here is the short version; the full explanation is on our quality page.

ICAP

ICAP Registered

Registered with the statutory body governing the profession in Pakistan.

AOB

AOB Compliant

Compliant with the independent regulator overseeing audits of public interest companies.

QCR

QCR — Satisfactory

Our practice has been independently reviewed by ICAP and rated Satisfactory.

APRSP

APRSP — Satisfactory

A further independent assessment of audit quality and methodology.

Read our full quality statement →

Our people

Chartered accountants, tax specialists, legal counsel and certified technology professionals.

Complex problems rarely arrive labelled by discipline. Our team is assembled so those handovers happen inside the firm rather than between firms — and every profile, with full background and sector experience, is set out on its own page.

Let's work together

Start with a conversation.

Tell us what you are dealing with. A partner will tell you whether we are the right firm for it — and if we are not, we will say so.