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GARDEZI AND COMPANY, CHARTERED ACCOUNTANTS: IN THE MATTER OF versus GARDEZI AND COMPANY, CHARTERED ACCOUNTANTS: IN THE MATTER OF


The powers and duties of Auditors Articles 255, 260 and 476 impose penalties for non-compliance with the provisions of the law, the Company's annual accounts are audited for the relevant years and its report on the Securities and Exchange's Enforcement Department Company Accounts. Made. The Commission inspected the Company's accounts for the relevant years and found some discrepancies, the first factor, when issuing the audit report for the relevant years, the auditors did not comply with the requirements of section 255. Accordingly the audit report was not signed. Was deliberately defaulted under the Companies Ordinance, 1984 and under section 260 of the Companies Ordinance 1984, and was responsible for punishing itself under section 2 (1) of section 260 of the Companies Ordinance, 1984 auditors. Failing to perform his professional duties to the right degree. Conduct a breach of duty and care and duty of duty b. Failure to exercise professional competence as such is a breach of trust, which is particularly reckless and disregarded by society and law in particular. Presented unusual behavior and did not adequately satisfy the auditors in carrying out their responsibilities and promptly. From their information, disaster can wreak havoc on the confidence and confidence of auditors who are the ultimate caregivers of shareholders \ interest on the books of accounts and accounts after they have been audited in accordance with the Companies Ordinance, 1984 procedures and requirements. A report was required. And the International Accounting and Auditing Standards were the final entity holding the shares

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