About

Serving with Excellence.

Background

A full-service public practice accounting and management consulting firm with an extensive portfolio of services.

  • 2024 – Attained PCAOB (Public Company Accounting Oversight Board USA) and CPAB (Canadian Public Accountability Board) registration, expanding our services to include USA and Canadian stock exchange listed clients.
  • 2021 – Gained audit license, LPA (Licensed Public Accounting Firm), solidifying our position as a full-service public practice.
  • 2019 – Formed Axil Alliance CPA LLP through the merger of EAMC Canada and EAMC UAE, creating a unified CPA Ontario public practice accounting firm.
  • 2018 – Incorporated as Excellent Account & Management Consultancy (EAMC Canada), marking our official entry into the North American market.
  • 2014 – Established as Excellent Accounting & Management Consultancy (EAMC UAE), laying the foundation of our comprehensive service offerings.

Credentials

Firm’s Credentials and Affiliations

Underscoring our commitment to excellence and regulatory compliance
  • CPA: Chartered Professional Accountants, registered with CPA Ontario.
  • LPA: Licensed Public Accountants, licensed by CPA Ontario.
  • CPAB: Canadian Public Accountability Board registered firm.
  • PCAOB: Public Company Accounting Oversight Board USA registered firm.
  • PPR: CPA Ontario Pre-Approved External Audit Program Employer.
  • LLP: Limited Liability Partnership, comprising various CPA firms.
  • CRA: Canada Revenue Agency, Representatives.
  • Service Canada: Representatives.
  • Corporations Canada: Registered Intermediary.
  • NUANS Canada: Member.
  • Ontario Business Registry: Partner.
  • Service Ontario: Intermediary.
  • Axil Alliance: Member.
  • NFA: Network Firms Alliance Member.
  • OBIAA: Ontario Business Improvement Area Association, Member.
And counting…

Staff’s Credentials

Dedicated professionals holding esteemed designations
  • LPA Licensed Public Accountants (Canada)
  • CPA Chartered Professional Accountants (Canada)
  • CBV Chartered Business Valuators (Canada)
  • CFE Certified Fraud Examiners (United States)
  • CFA Chartered Financial Analysts (United States)
  • GFL Global Finance Leaders (Canada)
  • CISA Certified Information Systems Auditors (United States)
  • CISM Certified Information Security Managers (United States)
  • CGMA Chartered Global Management Accountants (United States & United Kingdom)
  • FCCA Fellow Chartered Certified Accountants (United Kingdom)
  • FCMA Fellow Chartered Management Accountants (United Kingdom)
  • CA Chartered Accountants (United Arab Emirates)
  • FCA Fellow Chartered Accountant (Pakistan)
  • Bachelors & Masters degree holders in Accounting & Commerce

And counting…

Experience

We have successfully served the following industries:

Founders

The foundation stone was laid down by:

Yousuf Mughal

He holds impressive qualifications, including CPA, CFE, FCCA, GFL, CAT, M.Sc., B.Sc., DBA, SE, and DIT. He began his career at BDO Chartered Accountants and has amassed over 20 years of experience in the finance sector. Throughout his career, Yousuf has worked extensively across North America, Europe, the Middle East, North Africa, and South Asia. His expertise spans Accounting, Tax, Assurance, Business Advisory, Operations Management, Change Management, Cross-Border Transactions, and Trade Finance. His global perspective and comprehensive skill set make him an invaluable asset to the firm.

Sumera Mughal

She also holds an impressive portfolio of qualifications, including CPA, LPA, CFA, FCMA, CGMA, FCA, GFL, and B.Com. She began her career at PWC Chartered Accountants and has over 15 years of professional experience working across North America, Europe, Australia, the Middle East, South Asia, and Africa. Her expertise encompasses accounting, tax, assurance, valuation, investment appraisal, and financial management.

Sumera’s achievements and recognitions include:

  • Presidential Award “Izaz-e-Sabqat” for the highest scores ever achieved in high school.
  • Presidential Award “Distinguished Achievers-2004” countrywide highest scores in high school.
  • Countrywide 1st Position in TOP CIMA exams conducted by CIMA UK.
  • Academic Excellence Award 2001-2002 for the highest academic record at secondary school.
  • XVth Star Award 2004 by South Asia Publication, recognized among the “100 Most Outstanding Students of the Year.”
  • Bronze Medal in the 28th International Children’s Art Exhibition by Nippon TV Network Cultural Society in Tokyo, Japan, in 1998 for artistic works.
  • 2nd highest scorer in Bachelor of Commerce exams held by the University of Karachi.

Sumera’s exceptional academic and professional accomplishments, coupled with her extensive experience, make her an invaluable asset to the firm.

Vision

To be a highly respected middle-market full-service CPA firm, renowned for delivering innovative solutions, exceptional service, and adaptive strategies to meet the evolving needs of our clients with integrity, professionalism, and excellence.

Mission

To empower small and medium-sized organizations with top-quality accounting and related services delivered in a timely, efficient, and innovative way by professionals comparable to those at leading CPA firms in Canada and beyond, all at a competitive fee.

Why Us

We are committed to Serving with Excellence. Our team adheres to the highest professional standards, ensuring precision and the best possible outcomes for our clients.
Recognizing that every client is unique, we provide customized solutions to meet specific business needs, helping clients grow and thrive in a competitive market.
Our work quality is on par with the top CPA firms in Canada, delivered with the same level of rigor and expertise.
We prioritize our clients by responding promptly to every email and call, ensuring they feel valued and supported.
We are a full-service firm offering a wide range of services under one umbrella. Our extensive licensing and registrations allow us to support businesses from startup to public listing, providing seamless solutions at every stage.
As a reputable firm, Axil Alliance has invested significantly in building a trusted brand. With our decade-long history, we enjoy an impeccable reputation backed by prestigious credentials and registrations as a CPA, LPA, CPAB, and PCAOB firm and stand out amongst Canada’s top firms.
We deliver top-tier services at fees that are significantly more competitive than those of our peers, ensuring value without compromising on quality.
We build enduring partnerships with our clients, adapting to their needs as business evolve. Our clients can rely on us for consistent, reliable solutions and unwavering support.
Axil Alliance operates as an LLP. This ensures that our clients always have access to a team of professionals, mitigating risks associated with single-point dependency and limited expertise.
Our combination of professionalism, adaptability, innovative solutions, and cost-effective pricing ensures we stand out in the market, making Axil Alliance the firm of choice for discerning clients.

Values

We believe in achieving success collaboratively with our clients, fostering mutual growth and accomplishment.

We are committed to always doing the right thing and dealing honestly with all stakeholders.

We adhere to the highest industry standards, ensuring that our work is conducted with precision and excellence.

We recognize that perfection can only be achieved through continuous learning and understanding. Therefore, we are constantly upgrading our resources and expertise.

We cultivate leadership both within the firm, by nurturing our staff and members to uphold the highest quality and professionalism, and within our industry, by being recognized by our clients as leading experts in the field.

Core Policies

We focus on working with clients who:

  • Share similar values,
  • Are committed to a long-term relationship,
  • Appreciate our efforts in providing the best quality services at a reasonable fee.

Our aim of existence is not to compete with others, whether they are firms, freelancers, designated CPAs, or non-regulated accountants, or local or international providers.

We recognize that each entity offers a unique proposition in terms of services, quality, flexibility, methodology, credentials, reputation, support, fees and overall value.

Axil Alliance is a brand that is unique and distinct. We believe in collaborating with different partners and firms that strategically help us achieve our objectives.”

  • We are neither the cheapest nor the most expensive. We charge the best possible fee for our services, ensuring value for our clients while maintaining quality.
  • We continuously strive to keep our fees reasonable and support economic efficiency.
  • Despite our best efforts, rising costs from vendors, service providers, wages, and inflation may occur. We assess our fees annually and adjust as necessary to continue serving our clients while meeting our commitments.
  • We adhere to a standard fee policy to avoid unnecessary negotiations and pricing wars, focusing only on clients who understand our value proposition. To achieve this, we:
    • Invest in technologies and tools for efficient service delivery.
    • Reduce idle hours and wastage.
    • Limit spending on administrative overheads.
    • Avoid activities that significantly increase our cost structure.
    • Do not work with clients who burden our administrative and support functions or present credit or payment issues.
 
Client We treat our clients’ businesses as our own, working with dedication, honesty, and integrity to meet their needs and exceed their expectations.
Purpose Our services, recommendations, and solutions are result-oriented, stemming from a detailed methodology, rigorous work processes, and thorough scrutiny based on the firm’s internal quality control procedures.
Staff We hire highly qualified staff and provide them with top-tier training to maintain the highest standards of quality.
Resources We equip our staff with state-of-the-art tools, software, and technologies to deliver services efficiently and effectively.
Innovation We continuously strive to improve ourselves, regularly re-launching and introducing new perspectives.