Abdul Awal ACA

Experience

• 

  EY Bangladesh

  Sept 2019 - Aug 2022

  Audit Associate

  During the Articleship period, I had opportunities to work at different entities. Some of those and my roles & responsibilities were as such: 1. Standard Chartered Bank - Bangladesh Branches• Performed audits on Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) calculations, ensuring compliance with Bangladesh Bank regulations.• Reviewed commission exchange brokerage activities for accuracy and adherence to internal controls.• Assisted in the audit of corporate tax provisions and calculations, ensuring accuracy and alignment with tax regulations.• Analyzed and audited lease agreements, verifying lease accounting treatment and proper financial statement presentation.2. Hyundai Engineering & Construction Company Ltd.:• Performed a detailed audit of Hyundai Engineering & Construction Company's head office current accounts, reconciling transactions and ensuring proper accounting treatment.• Oversaw the audit process for corporate tax calculations and provisions, adhering to Bangladesh tax regulations.3. American & Efird (Bangladesh) Ltd.:• Advised on and audited the employee benefit plans, including the gratuity fund and provident fund, ensuring compliance with labour laws and proper financial disclosures.• Reviewed the company's WPPF (Workers Participation Profit Sharing Fund) calculations and disclosures, verifying adherence to relevant regulations. Show less

• 

  A. Qasem & Co. Chartered Accountants

  Sept 2022 - now

  Throughout this position, I played the following role and performed the listed responsibilities among others:1. DHL Global Forwarding (Bangladesh) Limited• Managed audit teams in assessing the accuracy and completeness of revenue recognition for freight forwarding services, ensuring adherence to accounting standards.• Led the audit of lease agreements for property and equipment, verifying lease accounting treatment and proper financial statement presentation.• Oversaw the review and audit of trade receivables and payables, ensuring appropriate valuation, recording, and bad debt provisioning practices.• Supervised the audit of deferred tax liabilities, verifying their accuracy and alignment with tax regulations and accounting standards.2. IDLC Finance Limited (Assistant Manager)• Led audit engagements for financial institutions, focusing on areas such as money at call and short notice placements, other assets (including investments), and off-balance sheet items, ensuring accurate valuation and proper financial statement presentation.• Managed the audit of employee costs, including salaries, allowances, and related payroll controls, verifying compliance with labour laws and internal policies.• Supervised the audit of Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) calculations, ensuring adherence to Bangladesh Bank regulations. Show less At my role, I worked with diversified clients including the Pharmaceutical, Power sector, and others. My responsibilities were:1. Bangladesh-China Power Company (Pvt) Limited (BCPCL):• Led the audit engagement for BCPCL, focusing on key areas like revenue recognition from electricity sales, cost of sales associated with fuel and power generation, and inventory management of critical power plant materials.• Ensured accurate calculation and provisioning for corporate tax in accordance with Bangladesh tax regulations.2. Eskayef Pharmaceuticals Ltd.:• Managed the audit of Eskayef Pharmaceuticals, overseeing the verification of revenue streams from pharmaceutical product sales, and the valuation and management of their inventory of raw materials and finished goods.• Ensured compliance with corporate tax regulations and prepared tax provisions.• Analysed and audited deferred tax liabilities, verifying their accuracy and alignment with accounting standards.• Reviewed and assessed the company's gratuity fund and provident fund for employees, ensuring adherence to relevant regulations and proper financial reporting.3. Dutch Bangla Bank PLC• Conducted comprehensive audits of corporate tax and Value Added Tax (VAT) assessments, ensuring compliance with taxation laws.• Evaluated and audited deferred tax liabilities, verifying their accuracy and alignment with accounting standards.• Analyzed and audited Gratuity Fund calculations and disclosures, ensuring adherence to regulations and proper financial reporting.• Reviewed and audited lease agreements, verifying lease accounting treatment and proper financial statement presentation. Show less

  • Manager

    Feb 2025 - now

  • Assistant Manager

    Sept 2023 - Feb 2025

  • Senior Associate at A. Qasem & Co., Chartered Accountants

    Sept 2022 - Sept 2023