CHIRAG SHETTY

▪ Performed end to end audit procedures - process understanding, walkthroughs, control testing for processes including P2P, O2C, R2R, Payroll, PPE, Cash & Bank, checking of Internal Financial Controls (IFC), and substantive testing (TOC/TOD), stock physical verification, site visits for 4+ Sectors such as Automobile parts, Real Estate, Manufacturing [including company of a Leading Agrochemical Industry (Turnover size Rs. 1500 Cr)]. ▪ Led a team of 3 members to finalize the Statutory Audit, certifications, Tax Audits and Limited Review of Financial Statements evaluating critical areas like Revenue, fixed assets, investments etc. with revenue up to Rs. 100 Cr. ▪ Proficient knowledge in IFRS, UAE VAT and Corporate Tax regulations. ▪ Applied Data Analytics to facilitate efficient and effective audit processes ▪ Assisted in periodical variance analysis, trade payable, receivable and bank reconciliations, quantity rate variance analysis, ratio analysis, trend analysis and identified Revenue Leakages of a 5 Star Hotel Industry. ▪ Handled as an Assistant 3 monthly concurrent audit assignments for branch of Private Sector Bank involving review of Loan ledger scrutiny, Vouching and Verification of Revenue items, checking compliance of NPA norms, checking revenue leakages, Documentation, Verification of Cash/Other securities, etc. and related matters. ▪ Diverse experience in the field of Direct Taxation across making compliances of (3CD/3CB Report) providing advisory & filing Tax Audit Reports of the clients engaged in Hotel, Automobile and Real estate industry having turnover ranging from Rs. 100 Cr to Rs. 200 Cr. ▪ Filed more than 200 Tax returns for Individual, Partnership firm, LLP, Private companies and Charitable trust. ▪ Consulted for Tax Planning for small business helping reduce Tax by an Average of 15%. ▪ Single handedly prepared Books of Accounts and tax-related financial statements, entries and disclosures for diverse client base.