Praveen Dsouza Email & Phone Number

Kuwait City, Al Asimah, Kuwait

Kuwait City, Kuwait

• Prepared and analyzed financial statements using accepted and statistical procedures to determine audit conclusion • Reviewed and reperformed consolidation working and ensuring elimination are properly recorded.• Assessed equity accounting for the investment in associates in accordance with IAS 28 and reviewed FCTR from the foreign operation are correctly recorded. • Ensured accounting of the business combination for any new business purchase in accordance with IFRS 3 and the goodwill is correctly recorded. • Closely involved in the implementation of IFRS 9 and assuring classification of the investment is in accordance with IFRS 9.• Reviewed and reperformed ROU and lease liability in accordance with IFRS 16. • Reviewed valuation of the investment and ensured the market comparable used in valuation of unquoted investment and WACC are justifiable.• Ensured accounting of the investment property in accordance with IAS 40. • Ensured the capitalization rate used for valuation of the real estate investment is justifiable. • Analysis of business model and different stream of the revenue and ensured that revenue is recorded in accordance with the performance obligation of the contact as per IFRS 15. • Assuring reconciliation of various module with GL system of the company.• Analysis of the impairment working for goodwill and intangible assets and assessed the 5-year business plan with the actual and current performance of the CGU. Also assessed the WACC and terminal growth used in impairment testing is justified. • Resolving issues identified with client and consult with engagement partner and the technical experts to ensure issues are appropriately analyzed and resolved.

United Arab Emirates

• Supervised a Team of 5 Accounting executives for ERP Core System Implementation process.• Developed a detailed documentation and workflow of existing processes, approval levels existing in the organization. • Presented a detailed analysis of issues and process inefficiencies in the existing ERP Core System to enable the management have an improved insight on primary requirements to be facilitated by the new system.• Provided the management detailed feedback on the aptness of the various ERP Core System’s proposed, based on the discussion with the software vendors and preliminary review of the test versions of ERP Core System.• Prepared a detailed system requisition document highlighting the customization required in ERP Core System to suit the organization needs.• Configured the general ledger accounts and approval levels to modules / functionalities in the new ERP Core System and ensured that present workflow is not adversely affected.• Efficiently structured the Chart of Accounts, Cost centers and Analytical Codes to ensure the effective reporting. • Conducted User Acceptance Testing (UAT) and addressed technical issues of software with the frequent and intensive communications with the software developers.• Helped the users to understand the system and attempted to fix issues by consulting the software vendors if necessary• Prepared and analyzed financial statements in accordance with the applicable IFRS framework.• Prepared monthly MIS reports and constantly reviewed General ledgers and Trial balance.• Successfully Implemented VAT in the Company pre-existing software and trained staffs for smooth and effective operation. • Managed the payroll of the Company and also ensured timely payment of Salary to staffs.• Accounted for Fixed Assets capitalization, write off and managing the depreciation process. • Prepared and filed of VAT returns in accordance with UAE FTA Regulations.

Mangalore Area, India

• Prepared books of Accounts and Compilation of Financial Statements as per IFRS , GAAP• Provided consultation in the matters pertaining to Income Tax, VAT, and Service Tax.• Filed Statutory Returns-VAT, Income Tax, TDS, Service Tax to the respective Govt Authorities• Supervised and guided the Staffs in Audit and Tax Compliance assignments. Acted as link between top management and executors • Performed internal audit of Partnership Firms, Private Limited Companies, Public Limited Companies, Proprietary Concerns, Non Govt Organizations under governing Statutes.• Represented the assessment proceedings before the Tax authorities

Mangalore Area, India

• Supervised and guided the Staffs in Audit and Tax Compliance assignments. Acted as link between top management and executors • Audited the Books of Accounts of Partnership Firms, Private Limited Companies, Public Limited Companies, Proprietary Concerns, Non Govt Organizations, and Societies under the Governing Statutes.• Revenue/Income Audit, Concurrent Audit, Stock Audit and Statutory Audit of various Nationalized, Public Sector and Co-operative Banks• Registration and Filing of Statutory Returns-VAT, Income Tax, TDS, Service Tax, FCRA• Preparation of Books of Accounts and Compilation of Financial Statements of Partnership Firms, Proprietary Concerns, Private Limited Companies, Public Limited Companies, Non Govt Organizations etc.• Responded to the notices and filed appeals before the First Appellate Authorities of VAT, Income Tax and Service Tax Departments• Preparation of project appraisal reports to avail credit facilities from banks and Financial Institutions.

Mangalore Area, India

• Audited the Books of Accounts of Partnership Firms, Private Limited Companies, Public Limited Companies, Proprietary Concerns, Non Govt Organizations, and Societies under the Governing Statutes.• Revenue/Income Audit, Concurrent Audit, Stock Audit and Statutory Audit of various Nationalized, Public Sector and Co-operative Banks• Registration and Filing of Statutory Returns-VAT, Income Tax, TDS, Service Tax, FCRA• Preparation of Books of Accounts and Compilation of Financial Statements of Partnership Firms, Proprietary Concerns, Private Limited Companies, Public Limited Companies, Non Govt Organizations etc.• Responded to the notices and filed appeals before the First Appellate Authorities of VAT, Income Tax and Service Tax Departments• Preparation of project appraisal reports to avail credit facilities from banks and Financial Institutions.

Chartered Accountant, Accounting And Finance

Bachelor'S Degree, Accounting And Finance