Muhammad Asif Iqbal completed his Chartered Accountancy in 1999 from the Institute of Chartered Accountants of Pakistan (ICAP) and is its Fellow member since 2010.
He joined BDO Pakistan as Executive Director, Risk Management & Quality Assurance from January 1, 2022 and promoted as Partner from July 1, 2022.
Prior to joining BDO, he worked as Head of Operations with SHMA Consulting, the leading actuarial firm of Pakistan and Middle East from June 2018 till December 2021.
His career’s pinnacle was while working as Technical Advisor in the Saudi Organization for Certified Public Accountants (SOCPA) from April 2010 till April 2018. At SOCPA, his main responsibilities included assisting the Accounting and Auditing Standards Committee in the convergence plan with international standards. At SOCPA, he also conducted various training programs covering major differences between the Saudi GAAP and international accounting standards to all types of firms (including Big 4) and industry. He also served as the Technical Advisor to the Saudi Trustee on IFRS Foundation for 5 years. During his 8 years stay in KSA, he was also instrumental in establishing the ICAP KSA Chapter and was the key figure which resulted in signing of 2 MOUs between both ICAP and SOCPA. Connecting the members of both these bodies by organizing numerous joint professional events was indeed a landmark achievement in the history of KSA.
From 2002-2010, he worked at the ICAP as Director Quality Assurance and Director Technical Services, which included diversified functions like oversight of audit firms, responding to technical queries and recommendation of international accounting and auditing standards to SECP for approval. During his stay at ICAP, he got the opportunity to serve as Technical Advisor to the ICAP nominee on the IFAC’s Developing Nations Committee.
He also served as Deputy Financial Controller at Standard Chartered Modaraba from 1998-2002. He completed his four years articleship from Ernst & Young, Karachi office in 1998 after completing Commerce graduation in 1994 from Karachi University.