CA Deepam Jain

Experience

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  M Parashar and Company

  Aug 2018 - Aug 2021

  Article Trainee

  I. DIRECT AND INDIRECT TAXATION✓ Prepared and Filed ITR individuals, partnerships, and private companies.✓ Income Tax Advisory resulting in aggregate savings of Tax amount of over Rs. 30 lacs.✓ Independently Performed Tax audit of entities and individuals and completed reports under Forms 3CA , 3CD and 3CEB ✓ Filed GST returns (GSTR-1 and GSTR-3B) of sole proprietors, partnerships, and private limited companies ✓ Assemble, Analyzed and Filed TDS returns and Advised and Complied with TDS requirements.✓ Took an initiative of summarizing new tax amendments and complex tax laws and mentored about them to clients, staff and junior articles.✓ Contributed towards improving and building successful relationship between firm and assigned client.✓ Assisted in providing advisory relating to non – applicability of Section – 56(2)(x) in case of reported assets which result in tax saving of Rs.1crore.II. AUDIT & ASSURANCE ✓ Executed statutory audit, including site visits, analysis of financial statements, Inventory Verification, Fixed Asset testing, Payroll cash and cash equivalent and other reporting and documentation.✓ Undertaking the client business process, identifying risk involved and appraising adequacy of internal control system to evaluate and implement testing strategies in order to draw opinion on financial statements. ✓ Aided in conceptualizing and effectively using audit methodology to analysis and optimize the process of internal audit and thus increase the efficiency.✓ Led a team of 5 articles in internal audit of banks.✓ In Bank Audit – Conduct detailed verification of Loan and advances by review of loan agreement, KYC etc. as per RBI norms and also verification of Drawing Power through stock records.III. MISCELLANOUS Preparation of Books of Accounts & Financial Statements as per AS & Schedule III including cash flows of Corporate Entities. Researched about landmark judgments of Supreme Court and High court of India. Show less

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  YouTube

  Mar 2023 - now

  Youtuber

  Guidance for Chartered Accountancy (CA) Students and Creation of Tax-Related Educational Content:-Mentorship for CA Students: Providing expert guidance and support to Chartered Accountancy students, facilitating their academic and professional development through structured mentorship and strategic advice.-Development of Tax-Related Educational Videos: Producing high-quality, informative video content focused on tax-related topics.

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  Topmate.io

  May 2023 - now

  Mentor

  Mentorship for CA Students: Providing expert guidance and support to Chartered Accountancy students, facilitating their academic and professional development through structured mentorship and strategic advice.

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  Caramel Advisors

  Aug 2023 - now

  Management of Client and CPA Partner Workload:-Accounting Services: Overseeing and executing comprehensive accounting tasks.-Standard Costing Preparation: Developing and implementing standard costing methodologies.-Customer Acquisition Cost (CAC) and Breakeven Point Analysis: Conducting in-depth analyses to determine CAC and breakeven thresholds.-Strategic Business Advisory: Offering actionable business insights and recommendations to clients, leading to revenue growth.-Year-End Financial Reporting: Preparation and finalization of year-end work papers and financial statements.-Financial Performance Analysis: Performing detailed financial analyses to evaluate and enhance financial performance.-Revenue Forecasting: Developing accurate revenue projections to inform strategic planning.Budget Formulation: Preparing and managing comprehensive budgets.-Financial Statement Review: Conducting thorough reviews of financial statements for accuracy and compliance.-Ledger Reconciliation: performing detailed ledger reviews to ensure accuracy and consistency.-Payroll Management and Analysis: Supervising payroll processing and performing payroll analysis.-Comprehensive Analytical Assessments: Conducting a variety of analyses to provide actionable insights for clients. Show less

  • Senior Associate

    Apr 2024 - now

  • Associate

    Aug 2023 - Mar 2024