Article Trainee
CurrentInternational assurance• Conducted audits for multinational hospitality, jewelry, and technology companies.• Included subsidiaries of renowned hotel and retail groups.• Specialized in companies focusing on lending documentation and software solutions.• Consistently received a GAAP compliance score of 9+ out of 10 from the firm.• Ensured compliance with US GAAP during all audit processes.• Prepared a Capex Audit Report for a New York hospitality establishment with $80M revenue.• Led a team of 2 junior members in audit assignments, ensuring high-quality work.• Developed financial projections (balance sheet and P&L) and compared them to actual results for a jewelry industry entity.• Conducted EBITDA reasonableness tests considering sales pipelines and market conditions.• Conducted variance analysis on financial statements to identify significant changes.• Validated the revenue recognition (ASC 606) for a software entity with $25M in revenue.• Assisted clients with lease accounting (ASC 842) and revenue recognition (ASC 606).• Managed client communications, promptly resolving issues.• Prepared audit work papers for Profit & Loss and Balance Sheet.• Performed materiality calculations, fraud risk inquiries, and opening balance verification.• Conducted goodwill impairment testing and sensitivity analysis using DCF for an entity with $27M in revenue.• Drafted management representation and engagement letters, addressing legal and accounting matters.• Prepared a comfort letter for a subsidiary's S-1 filing for going public.• Included fraud documentation and validation for a fraudulent amount of $5M as per US GAAS.• Audited investments worth $20M in compliance with ASC 321.• Part of the audit team that won the award for Best Audit File for March 31, 2023.
