Mr. Hyder Ali Bhimji, Senior Partner of the Firm, entered into the profession in 1954 after he qualified as a Registered Accountant in that year. He became a fellow of the Institute of Chartered Accountants of Pakistan on its formation in 1961. He is also a first-class Law Graduate of Karachi University, a member of the Institute of Management Accountants (USA) and Fellow of the Association of Accounting Technicians (UK).

 

Before joining the Firm, he was a senior partner in Nariman Hyder Bhimji & Co., a leading firm of Chartered Accountants, having offices at Karachi and Dacca (former East Pakistan) from 1st May 1955 to February 1970.

He was also partner of Touche, Ross, Baily and Smart, Pakistan representing the international accounting firm in Pakistan from 1964 to 1970. On 1 ^st March 1970, Mr. Bhimji became a senior partner in the Firm with offices at Karachi and Dacca(former East Pakistan). The office in East Pakistan functioned till the fall of Daccai n December, 1971.

 

Since 1955, Mr. Bhimji has been in professional practice, supervising audits of Banks, Insurance Companies, Textile Mills, Jute Mills, Sugar Mills, etc.

He has also been rendering professional services in the fields of Taxation and Management Consultancy, where he is actively engaged in advising clients on capital structure, optimal financing, capital budgeting, cash flow, financial ratio analysis, financial and taxation aspects of agreements for royalties, foreign collaboration and other technical agreements, prospective investments, financial re-organization, costing and accounting systems and tax planning.

 

As a senior partner of the firm, Mr. Bhimji has actively particpated in the activities of the Institute of Chartered Accountants of Pakistan (ICAP) since 1979, when he was elected as a member of the Council of the Institute. He is Ex-Chairman of the Board of Studies of the ICAP and is also Ex-member of the Examination Committee of the ICAP. He is a past member of the Auditing Practices Committee, Technical Services Committee and Corporate Law Committee of the ICAP. In 1979, he attended the 9th Conference of confederation and Pacific Accountants held in Manila.

 

He also attended the 10th Conference of Asian and Pacific Accountants held in New Delhi in 1983 and various other international and national seminars from time to time.