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About sidat morshed associates ltd - rza_ma - 02-08-2007

wanted to know abt sidat hyder morshid associates basically, ive been workin in ford rhodes sidat hyder as an audit trainee for around a year. working at a junior level basically, i recd. an email from acca regarding the training opportunities for acca trainees in sidat hyder morshid associates.
wanted to know whether it is an appropriate step to join there, especially if im not good in the audit field. (more and more opinions and facts would be welcomed..)

another thing. the work that sidat hyder morshid is doing, and the work that the BRS section in ford rhodes sidat hyder is doing, is it the same, as in are these two concerns competitors..? pls reply as soon as possible


- Muhammad Adnan Arshad - 02-15-2007

"Sidat Hyder Morshed Associates" mainly deal with the business as "Share Registrars" of public limited companies etc.

Sidat For 'Ebrahim Sidat' (Senior Partner FRSH/E & Y)
Hyder For 'Nasimuddin Hyder' (Senior Partner FRSH/E & Y & President ICAP)
Morshed For _______________________


- kamranACA - 03-06-2007

Dear,

ICAP members practise in two ways either by establishing a firm or sole-proprietorship for practising as chartered accountants. There is a wide range of services which could be provided in this way in accordance with ICAP's code of ethics. In such set-up the chartered accountants have unlimited liability for the services they provide. They legally cannot turn out to be a limited liability company.

This being the major reason, some CAs also establish management consultancy companies (mainly private limited) with limited liabilities. However, such consulatncy companies cannot engage in audits. Because audit cannot be performed by a limited liability concern. These consulatncy companies do other works like incorporation of companies, tax consultancies, mergers, demergers, restructuring, liquidations, system developments, system implementations and reviews, internal audits and so many other activities.

There might be other reasons for seprating such business from CA firm like the main partners might not be interested to take other partners in such business and they incorporate such consultancy business seprately. There could be lots of other reasons as well.

a CA student cannot get registered with such consultancy firms. For ICAP student it is must to join a chartered accountants audit firm.

Sidat Hyder Morshad is the consultancy wing of FRSH and co.

You can get good experience by joining this firm.

Reagrds,

Kamran


- hanifasif - 03-07-2007

<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Muhammad Adnan Arshad</i>
<br />"Sidat Hyder Morshed Associates" mainly deal with the business as "Share Registrars" of public limited companies etc.

Sidat For 'Ebrahim Sidat' (Senior Partner FRSH/E & Y)
Hyder For 'Nasimuddin Hyder' (Senior Partner FRSH/E & Y & President ICAP)
Morshed For _______________________
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Morshed For _______________________

Morshed, Ali Omer Golam FCA
(# 1459 - 20.10.1984)
(Sidat Hyder Morshed Associates
Pvt. Ltd.)