Audit Associate
Lahore, Punjab, Pakistan
My major responsibilities as Audit and Assurance Associate, but not limited to;▪ Carrying assurance engagements from the Planning Stage to Conclusion;▪ Evaluating Internal Control systems, identifying control deficiencies, duplication, fraud or non-compliance with laws and making appropriate recommendations;▪ Leading various teams in external audits, internal audits and special assignments of different companies, AOPs and NGOs;▪ Preparation of Separate and Consolidated Financial… Show more My major responsibilities as Audit and Assurance Associate, but not limited to;▪ Carrying assurance engagements from the Planning Stage to Conclusion;▪ Evaluating Internal Control systems, identifying control deficiencies, duplication, fraud or non-compliance with laws and making appropriate recommendations;▪ Leading various teams in external audits, internal audits and special assignments of different companies, AOPs and NGOs;▪ Preparation of Separate and Consolidated Financial Statements in accordance with International Financial Reporting Standards (IFRSs);▪ Performing statutory audits as per International Standards on Auditing (ISAs); forensic audit with agreed upon procedure.▪ Conducting Company's financial performance analysis. This consists of trends analysis, ratio analysis, vertical analysis and comparison with industry averages. This further includes detailed review of company budgets, cash flow forecasts (projections) and comparison with actual results and forecasts to validate key management assumptions;▪ Recommendations in the form of Management Letter to add value to the audit;▪ Evaluation and compliance of treatments of Sales tax, Income Tax on financial statements during audit;▪ Meetings with client for the resolution of various taxation, accounting and other matters identified during the assignment;▪ Training all levels of staff assigned to me with on-job training and professional development of staff.My key engagements, where I have provided financial services in my tenure, are in following sectors:▪ Sugar▪ Textile▪ Hospitals▪ Plastic and Packing ▪ Farms▪ Brokerage Houses of PSX & PMEX▪ Medical College▪ Paper Industry▪ Printing and Packaging▪ Provident Fund▪ Resource Management Show less