Audit Associate
Current• Conducted external audit for a company operating within the Chemicals and Beverages Industries.• Implemented audit procedures and assertions on Cash & Bank, and Statement of Profit and Loss.• Applied comprehensive knowledge of International Standards of Auditing and International Accounting Standards throughout the examination of financial statements.• Executed ISA 230 Audit documentation, ensuring the acquisition of sufficient appropriate evidence, such as approved third-party invoices, to substantiate expenses.• Leveraged tax expertise to authenticate rent agreement payments withholding in accordance with Section 155 of the Income Tax Ordinance 2001.• Validated lease agreements of the company utilizing knowledge of IFRS-16 to ascertain lease classification.• Carried out ISA 505 External Confirmations, obtaining bank confirmations directly from financial institutions for Cash and Bank balances, and legal confirmations from the company’s legal representatives for expenses, ensuring the reliability of audit evidence.• Developed interactive dashboards using Power BI for comprehensive variance reporting.
