Rashid Qureshi has vast experience of 7 + years in fields of Audit & Assurance, Accounting, Finance
and Taxation He has strong analytical skill, good business understanding ability and experience of
working with higher Management.
Rashid Qureshi has specialist expertise in areas of management and statutory reporting, financial analysis, costing, budgeting, cash flow planning and forecasting, preparation of IFRS based financial statements, external audits, internal controls compliance verification and implementation, preparation & filing of tax returns (Income tax, Sales tax/PRA), preparation & filing of withholding tax statements and wealth statements.
Some of Key Achievements while working for client are as follows:
- Slashed construction cost by 7 % through negotiating pricing and fees with vendors, while ensuring quality of the products. This was achieved by application of Economic Order Quantity (EOQ) concept in the organization and as a result, secured exceptional discounts on purchase of raw material
- Secured tax benefits of Rs. 50.5 million for the organization through highlighting ineffective management of tax matters to the higher management by showing available tax credits to the organization which were not being availed. As a result, organization applied for and secured following tax credits from FBR.
- Tax credit of Rs 2.5 million u/s 64 B
- Tax credit of Rs 25 million u/s 65 B
- ERP implementation
- Tax credit of Rs 15 million u/s 65 E
- Tax credit of Rs 8 million u/s 65 D
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