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H.A.M.D & CO., Chartered Accountants

1st Floor, 2 G (2/7), Mushtaq Ahmed Gurmani Road, Gulberg


Waseem Ashfaq
E: [email protected]
T: 0092 4235 7883 41

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H.A.M.D & CO., Chartered Accountants


The firm has been engineered to encompass a broader vision of becoming pre eminent in its field through the development of stronger common values and higher standards of performance. The partners and technical staff, renowned for their integrity, professionalism and the quality of their delivery, are leading the firm to emerge as one of the premier professional services organization in Pakistan.

H.A.M.D & Co mission is to consistently meet the client expectation and need in an environment of professionalism, ethical standards and in a manner of due care.

To meet that objective and mission our approach is to provide person partnerI principal led client services. An individual partner or principal handles each client’s affairs and provides the focal point for each client enquiry.

This management philosophy ensures that work undertaken for a client both routine and requiring specialist skills, is fulfilled to a higher quality. Each engagement partner is supported by a pool of expertise comprising of Chartered Accountants, Business Consultants and IT Specialists, MBAs, Cost and Management Accountants, lawyers, Tax and Corporate law specialists, HR specialists and other professionals from diversified disciplines.

Office Phones: 00 92 42 35788341,  00 92 42 35788342

Mobile No. 00 92 300 5332284

Offices :  Lahore, Karachi, Islamabad, Gilgit-Baltistan.

Waseem Ashfaq – Professional Profile

I, Waseem Ashfaq am a graduate from Hailey College of Commerce, University of the Punjab and a Chartered Accountant since 1994. I completed my articles from Ford Rhodes Robson Morrow, Chartered Accountants (now called, EY Ford Rhodes). During my career, I have worked with business groups of Saudi Arabia like E. A. Juffali & Bors. Group, ZAD Investment Company and Saudi Binladin Group in senior finance positions. I also held senior finance positions in Descon Group, Pak Telecom Company, textile sectors and worked for various projects funded by USAID and Norwegian Embassy as Chief Financial Officer. I was associated with SECP and PTCL as Director during 2001 to 2006. Thus, gained an opportunity to apply good knowledge of financial management policies and corporate affairs of large business houses and international donor agencies.

Currently, I am associated with a firm of chartered accountants since July 2011, representing McMillan Woods International Limited (MCMWI) in Pakistan, being In-charge of Lahore office of the firm and mainly engaged in Assurance and Consulting assignments of Listed companies, Private companies, Microfinance institutions, Multi-national Organizations, NGOs, INGOs and NBFCs. Our firm, through its six (6) partners, all vary senior & experienced chartered accountants, and experts in their areas, operate from offices in Karachi, Lahore and Islamabad. The firm is a QC rated firm and included in list of audit firms maintained by Audit Oversight Board, Pakistan. Besides core areas of accountancy and auditing, the firm has gained expertise in system designing, process development, internal auditing, policy formulation, risk management control functions, financing arrangement, project costing, budgeting & forecasting, feasibility studies, business advisory, financial modeling, business projections, financing arrangements including IPOs. and included in the panel of audit firms of State Bank of Pakistan (SBP) and of SECP for Insurers and also conducted investigation assignments for SECP. I am also executive director a McMillan Woods Pakistan (Pvt) Limited, a business advisory, taxation, financial & legal consultancy, and investigation and forensic audit, also an affiliate of McMillan Woods International Limited.

The firm also has vast experience in conducting financial audit and consultancy assignments of NGOs / RSPs / NBFCs funded by many local and international donors eg. USAID, IRD, Concern Worldwide, Catholic Relief Services, Diakonie Katastrophenhilfe (DKH), Wildlife Conservation Society, USA, PPAF, etc., and operational and financial consultancy in microfinance sector (MFI / MFB). I have also attended various ‘Workshops on USAID’s Financial Audit Programs for NGOs’ and Training on IFRS, Forensic Audit and Workshop on Corporate Governance Action Planning for SMEs organized by USAID/OIG, LUMS and International Finance Corporation (World Bank Group) and ICAP.

I am also a member of the Institute of Taxation Management, Pakistan; The Institute of Chartered Secretaries & Managers, Pakistan; Pakistan Institute of Public Finance Accountants, The Institute of Internal Auditors, Florida, USA (Pakistan Chapter), Lahore Tax Bar Association, Association of Certified Fraud Examiner and included in the panel of Provincial Managers and Official Liquidators, panel of Insolvency Experts maintained by SECP and list of Independent Directors maintained by Pakistan Institute of Corporate Governance (PICG). I had been a member of Accounting Standard Committee, Technical Advisory Committee, ICAP Benevolent Fund Management and Economic Advisory & Government Relationship Committees of the Institute of Chartered Accountants of Pakistan.

H.A.M.D & CO., Chartered Accountants


Current time in Lahore, Pakistan

12:31 PM 22 March 2023
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Waseem Ashfaq

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1st Floor, 2 G (2/7), Mushtaq Ahmed Gurmani Road, Gulberg, Lahore, Pakistan

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