Navigate complexity with confidence.

Business environments rarely stand still. Whether you are pursuing growth, executing a transaction, navigating a turnaround or strengthening your internal control framework, ZAFCA's advisory practice provides the strategic insight and analytical rigour to help you make sound decisions. Drawing on our partners' Big 4 experience and decades of multidisciplinary expertise, we offer advisory services that are pragmatic, evidence-based and commercially focused.

Our advisory services

We structure our advisory practice around the issues that matter most to business leaders: strategy, capital, risk and operational effectiveness. Every engagement is led by a partner who remains involved throughout.

Business strategy and corporate finance

Strategy without financial discipline is aspiration without a plan. We help clients develop credible business strategies underpinned by robust financial modelling and market analysis. Our corporate finance advisory spans capital raising support, business plan preparation, financial projections and investment memoranda. We also assist with feasibility studies, market entry assessments and new venture structuring — from concept through to operational launch.

M&A, due diligence and valuations

Transactions carry both opportunity and risk. Our buy-side and sell-side due diligence services provide acquirers and vendors with an independent, rigorous assessment of financial performance, net asset quality, working capital dynamics, tax exposures and contingent liabilities. We complement financial due diligence with valuations — for transaction pricing, purchase price allocation, impairment testing (IAS 36), share-based payments (IFRS 2) and shareholder disputes — using methodologies that are defensible under scrutiny from regulators, auditors and courts.

Restructuring and turnaround

When businesses face financial stress — whether from over-leverage, liquidity constraints, operational underperformance or external shocks — we provide turnaround advisory that combines diagnostic analysis with practical restructuring options. Our work covers independent business reviews, short-term cash-flow forecasting, debt restructuring negotiations, asset disposal strategies and formal insolvency-related advisory under the Companies Act, 2017.

Risk management and internal controls

Effective risk management protects value and enables confident decision-making. We design and review enterprise risk management frameworks, conduct risk assessments, map key controls and test their operating effectiveness. Our internal controls advisory helps management and boards gain assurance over financial reporting, operational processes and compliance obligations — often as a precursor to, or outcome of, external audit observations.

Business process optimisation

Operational inefficiencies erode margin, slow decision-making and frustrate teams. We review finance, procurement, HR and supply-chain processes to identify bottlenecks, eliminate duplication and redesign workflows for speed, accuracy and cost-effectiveness. Where appropriate, we advise on system selection, automation opportunities and the redesign of chart-of-accounts and management reporting structures.

Cyber advisory

As businesses become more digital, cyber risk moves from an IT concern to a boardroom priority. We offer cyber governance advisory, incident readiness assessments and third-party cyber risk reviews that help organisations understand their exposure, strengthen defences and prepare for regulatory expectations — including those of the State Bank of Pakistan and SECP.

• Business strategy development and financial modelling
• Buy-side and sell-side financial due diligence
• Independent business valuations for transactions, impairment and disputes
• Restructuring, turnaround and independent business reviews
• Enterprise risk management and internal control framework design
• Finance function and business process optimisation
• Feasibility studies and market entry advisory
• Cyber governance and incident readiness advisory