U Prajna M Bhat

Experience

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  KPMG

  Sept 2019 - Jan 2022

  * Assisted US firms and diverse organizations in finalizing financial statements, analyzing income sectors, mitigating risks, and mapping trial balances to statements.* Sampling revenue reconciliation, verifying account reconciliations (GL, bank, fixed assets), reconciling financial statements, and ensuring consolidation accuracy.* Proficient in analyzing and testing financials for control assertions under US GAAP, aiding SEC financial report preparation with year-to-year comparisons and multiple draft versions.* Exceptional team player, thrives under pressure, actively engages in planning with managers, adeptly communicates with clients, and consistently delivers quality results. Show less

  • Audit Associate 2

    Oct 2021 - Jan 2022

  • Audit Associate

    Sept 2019 - Sept 2021
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  FIBACT

  Jan 2022 - Jun 2022

  Audit Associate

  * Gathering fund information, including structure, investment strategies, objectives, key risks, and ownership, to plan the audit effectively. Audit traded funds (derivatives, equities, futures) by setting materiality, preparing workpapers, and testing balances for accuracy and compliance.* Discussing with fund manager for additional supports or any other clarifications.* Ability to meet tight deadlines, work under pressure & provide the quality deliverable.

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  BDO RISE Private Limited

  Aug 2022 - Oct 2023

  Audit Experienced Associate

  * Gathering fund information, including structure, investment strategies, objectives, key risks, and ownership, to plan the audit effectively.* Assess fund's internal controls, risks in investments, and fraud potential for audit planning.* Calculate materiality thresholds based on the fund's financial size and significance and set materiality levels for individual account balances and disclosures.* Perform substantive testing on valuation, financial accuracy, asset/liability verification, compliance, income recognition, and control effectiveness in the audit.* Evaluate investment fair value, considering market and methods, and confirm accuracy and consistency of valuation processes.* Reconcile cash balances (contributions, distributions) with fund records.* Create audit reports and financial statements, including disclosures, adhering to accounting standards (e.g., GAAP, IFRS) and regulatory mandates (e.g., SEC regulations for registered funds).* Assisting the team in Planning, Testing Contribution, Distribution, Loan & Remittance by verifying employee and employer information in the recordkeeper and Payroll records and preparing Financial Statements in EBP industry Show less