Mr. Shoaib is a Fellow Member of the Institute of Chartered Accountants of Pakistan, the Institute of Taxation Management and Pakistan Institute of Public Finance Accountants.
He has been in public practice as chartered accountant since last 11 years. He holds vast experience (16 years) in the field of direct / indirect taxation, audit and assurance services. He has worked for a wide variety of engagements in different fields of commerce for both large and small enterprises in the private, public and not-for-profit sectors. He has in-depth knowledge of accounting and financial reporting systems of housing societies, insurance companies, manufacturing companies including paper and board, chemicals, cement, non-government organizations, trusts, telecommunication and other service sector companies. He has ample experience of making corporate financial projections, business plan, proposals for growth, re-structuring and re-organization.
He played leading role while carrying out special assignments for public sector. He has been overseeing forensic audits of housing sector and also carried out due diligence assignments related to this sector. Mr. Shoaib has been leading the team to conducting the internal and external audits of listed insurance companies. He has played pivotal role in successfully carrying out due diligence assignments for listed insurance companies. Currently, he has been rendering financial advisory services since last many years to one of the insurance companies doing general insurance business in Pakistan.
Mr. Shoaib has also been handling income tax and sales tax appeals up to Appellate Tribunal level of both non-corporate and corporate sector, especially insurance companies. He is also member Committee on Taxation of The Institute of Chartered Accountants of Pakistan. He has been instrumental in establishing policies and procedures for improving quality of the services offered by his parent firm M/s Sher Muhammad Khan & Co. Chartered Accountants and successfully obtained satisfactory quality control rating from the ICAP placing the firm among a very few chartered accountants firms who got this rating during year 2001 -2002.
He is a QPRT (qualified person responsible for training) for the students undergoing training for the ACA qualification of The Institute of Chartered Accountants in England & Wales (UK). He guides the students for successful completion of their training and passing of exams.
Mr. Shoaib has been associated with University of the Punjab, Lahore as visiting faculty member for the last nine years where he delivers lectures on taxation laws, auditing and finance related subjects to students doing master in business administration. He is life member of Lahore Tax Bar Association and an active member of Chartered Accountants Toastmasters Club, Lahore (CATMCL). He has got Competent Communicator award by Toastmaster International, USA and was second place winner in international speech contest between Lahore Toastmaster Club and CATMCL.