Page 129 - Pakistan Oilfield Limited - Annual Report 2022

127
Annual Report 2022

with Audit Oversight Board of Pakistan, that they and all their partners are in compliance with
International Federation of Accountants (IFAC) guidelines on code of ethics as adopted by
the Institute of Chartered Accountants of Pakistan and that they and the partners of the firm
involved in the audit are not a close relative (spouse, parent, dependent and non-dependent
children) of the chief executive officer, chief financial officer, head of internal audit, company
secretary or director of the Company;
17. The statutory auditors or the persons associated with them have not been appointed to provide
other services except in accordance with the Act, these Regulations or any other regulatory
requirement and the auditors have confirmed that they have observed IFAC guidelines in this
regard.
18. We confirm that all requirements of regulations 3, 6, 7, 8, 27, 32, 33 and 36 of the Regulations
have been complied with. Also refer paragraph 1 of the Statement.
19. Explanation for non-compliance with requirements, other than regulations 3, 6, 7, 8, 27, 32, 33
and 36 of the Regulations have been given in paragraph 10 & 12.

SHUAIB A. MALIK ABDUS SATTAR
Chairman & Chief Executive Director

Rawalpindi
August 16, 2022