StowbillPakistan statutory audit checklist
A stage-by-stage checklist for statutory audits in Pakistan, referenced to the International Standards on Auditing as adopted by ICAP, ISQM 1 and the Companies Act 2017. It's the same checklist that powers Stowbill's Pakistan template.
How it's organised
27 items across four stages. Each item shows who confirms it and whether it's required or only applies in some cases.
- Pre-engagement: 6 items
- Planning: 8 items
- Execution: 7 items
- Review and completion: 6 items
Preview
| Stage | Item |
|---|---|
| Pre-engagement | Firm's QCR status and eligibility to audit this category of company confirmed |
| Pre-engagement | Client acceptance or continuance assessment completed and risk rated |
| Planning | Understanding of the entity and risk assessment |
| Planning | Financial reporting framework confirmed |
| Planning | Send client document request list |
| Execution | Responses to significant risks performed, sampling documented |
| Execution | Accounting estimates tested |
| Review and completion | Subsequent events reviewed and going concern concluded |
| Review and completion | Engagement quality review completed before the report date (if required) |
Important
This checklist is not published or endorsed by ICAP. It's built from the standards and law that quality control reviews test against. Align it with ICAP's own quality control review and APRS checklists, and your firm's methodology.
Download the template
Questions
Does it include the Code of Corporate Governance?
Yes, as an item that applies to listed companies.
Can I edit it in Stowbill?
Yes. Create a new version of the template, edit any item, and a partner approves it before engagements use it.
Last reviewed 27 October 2026. General information, not professional or legal advice.
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