Jayant Singhal Email & Phone Number

Bengaluru, Karnataka, India

Bengaluru Area, India

Bengaluru Area, India

Mumbai Area, India

* Review of revenue recognition and invoicing process for products & services [product support & BPO] segment involving fixed price, pseudo fixed price and time & material contracts. * Review of Expense to pay involving various foreign currencies, approval & re-imbursement processes. Comparison of policies for both Indian & International Subsidiaries of the Company. Preparation of Audit checklists based on process walkthrough.* Formulation of Audit Tests with respect to internal controls & systems relevant to financial reporting processes for testing compliance with IGAAP & GAAP of Parent entity.* Preparation of Action plan after discussion with the process owners for risks and issues identified to mitigate future occurrence and appropriate corrective action.* Compliance review with respect to applicable laws & regulations in India and STPI [Software Technology Parks of India] procedures.* Review of Process Notes on newly introduced business processes or regulatory requirements. Adherence/updation of process notes to confirm with the recent Amendments in Corporate, Direct tax, Indirect Tax, FEMA & other applicable Statutes.

Mumbai Area, India

* Assignments involving Statutory Audit & Review of financial statements, revenue, receivables, payables, fixed assets, administrative & operating expenses, other current assets & liabilities and corporate governance for listed & unlisted Corporates across manufacturing and service industry. * Understanding & testing of controls in different business processes for adherence to internal controls and identification of risks and cost saving opportunities. * Verifying compliance with requirements of CARO, Schedule VI of Companies Act, 1956 and Indian Accounting Standards. Interpretation of the requirements & implementation of revisions to Schedule VI on a listed Company and suggesting necessary changes in the financial information reporting systems for compilation of financial statements.* Tax audits covering scrutiny & compilation of information under each clause of Form 3CD and preparation of Tax audit reports. Analysis of amendments in Direct & Indirect Tax Laws and their impact on operations.* Ensuring compliance with the law governing NBFC’s, guidelines on external commercial borrowings [ECB], circulars & notifications issued by RBI. Assisting Clients in filing & preparation of Annual performance report & overseas direct investment [ODI forms] in joint ventures (JV/WOS) abroad with RBI.* Testing of Debt Covenants & calculation of key financial ratios for ensuring compliance with Debt covenants under Loan facility arrangements.* Managing a team of four assistants on outstation assignment for audit of internal processes of a wire manufacturing plant and physical verification of inventory & Fixed Assets. Review of working papers, compilation of audit documentation and getting internal quality review done for finalization & signing of deliverables.

Ifrs Certification, International Financial Reporting Standards

Chartered Accountant, Accounting And Finance

Master'S Degree, Accounting